Non-mortgage Debt

• Mortgage originations in Canada dipped in first quarter: report

  Equifax Canada says credit demand was high in the first quarter of the year while the mortgage market saw a significant slowdown.

  Money

  Jun 6, 2023
  
• Coronavirus: Q1 non mortgage debt falls for first time in over a decade, Equifax says

  Equifax says the average non-mortgage debt in Canada fell to $23,386.

  Canada

  Jun 16, 2020
  
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• ‘People are hitting the wall’: Delinquency rate highest since 2012, Canadian report shows

  The latest figures from Equifax show more borrowers are falling behind. One licensed insolvency trustee says that's not surprising.

  Money

  Mar 5, 2020
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• People living in Alberta cities have more consumer debt than others in Canada

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

  Canada

  Mar 5, 2020
• More Albertans suffering in insolvency silence

  With more Calgarians delinquent in debt payments, and insolvencies reaching their highest point in the city since 1998, the need to talk about debt has reached a high mark.

  Money

  Jun 11, 2019
• Edmonton finance expert’s tips on holiday spending

  Edmonton financial expert Freida Richer shares money management advice during the holiday season.

  Economy

  Nov 27, 2018
• The average Canadian owes $8,500 in consumer debt, excluding their mortgage: Ipsos poll

  Nearly half of respondents (46 per cent) said they have no consumer debt whatsoever.

  Economy

  Dec 27, 2017
• Canadians owe more than $1.5 trillion in non-mortgage debt

  Canadians continue to pile on debt and now collectively owe more than $1.5 trillion excluding mortgages, according to the latest figures from Equifax Canada.

  Dec 3, 2014
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• Canadian appear headed for more record debt

  Canadians are still on target for a record year of personal debt despite ending 2013 by making a small dent in the money they owe.

  Money

  Feb 26, 2014