Credit rating agency Equifax Canada says average consumer debt increased 2.7 per cent to reach $72,950 at the end of 2019.

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.

Canadians now owe $1.68 for every dollar of disposable income, down from nearly $1.70.

The share of seniors with a mortgage, meanwhile, has nearly doubled since 1999.

RBC report highlights the implications of a rate hike for household debt

Here's how statutes of limitations work and what happens to your debt when you die.

Canadians owed $1.67 in credit market debt, which includes consumer credit and mortgage and non-mortgage loans, for every dollar of disposable income.

New allegations of broker fraud come amid fresh warnings about lofty real estate prices in Vancouver and Toronto markets and their surrounding suburbs.

Canada's closely watched housing market continued its strong upward climb in June; average prices rose 9.6 per cent led by – surprise – Vancouver, Toronto.

Eye-popping jumps in home prices in Toronto and Vancouver dominate headlines, but there are other regions posting healthy gains.