Equifax Canada

• Credit card debt up 15% in Q4 with younger Canadians feeling pinch: Equifax

  Equifax says Canadians' credit card debt increased by more than 15 per cent from the same period a year earlier and totalled more than $100 billion for the first time.

  Economy

  Mar 9
  
• Canadian consumer debt climbs 7.3% to $2.36 trillion in third quarter: Equifax

  Equifax Canada says an increase in borrowers helped push total consumer debt to $2.36 trillion in the third quarter, even as mortgage volumes decline.

  Consumer

  Dec 6, 2022
  
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• Canada’s housing market hotter than ever — and investors are playing a big role

  The share of home purchases by buyers who already have multiple mortgages is rising, data shows.

  Money

  Dec 3, 2021
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• Overpayment scam making the rounds in Kelowna, RCMP warn

  Fake cheques can be business or personal cheques, printed to look like legitimate cheques, stolen from a victim of identity fraud, or even a fake money order.

  Crime

  Oct 8, 2021
• Canadian consumers are now carrying $2.1 trillion in debt, driven by mortgages

  Equifax says the debt profile of Canadians has changed throughout the COVID-19 pandemic, with mortgages accounting for a larger portion of people's debt.

  Consumer

  Jun 8, 2021
• Police say alleged identity thief tried to obtain credit from jewelry stores in Oakville, Burlington

  Investigators say the woman tried to set up accounts with jewelry stores at Mapleview Mall and Oakville Place.

  Crime

  Sep 3, 2019
• ‘It makes no sense’: Toronto woman with no debt calls out credit score swing, credit report errors

  Robin Harvey was surprised to see a drop in her credit score, despite paying off a large credit card balance in full. She was even more surprised to find the same old errors in her credit report.

  Money

  Mar 16, 2019
• As another rate hike looms, more Canadians feel closer to insolvency

  One-third of debtors now say rising rates could move them toward bankruptcy, a recent MNP survey found. Meanwhile, delinquency rates are up among seniors, according to Equifax.

  Money

  Oct 23, 2018
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• Vancouver, Toronto residents digging into debt faster than any Canadians, data shows

  Call it a tie.

  Consumer

  Mar 12, 2018
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• Equifax didn’t do enough to protect Canadians in data breach, MPs say

  MPs chastised an Equifax Canada executive Monday for not doing more to make amends to thousands of Canadians whose personal information was compromised by hackers.

  Canada

  Dec 4, 2017