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Delinquencies for bank loans, credit cards and lines of credit up more than 11%
Canadian banks aren’t just seeing delinquencies rise—they’re losing market share. Canadian Bankers Association (CBA) data shows the arrears rate was unchanged in March. Delinquent...
Mortgage holders face steepest pressure as delinquencies surge in Ontario and BC
Canadians are among the most indebted in the world, but managed to avoid signs of stress—until now. Office of the Superintendent of Bankruptcy (OSB) data shows insolvencies surged...
Canadian consumer insolvencies are rising fast, but nowhere are they rising quite like in Ontario. Office of the Superintendent of Bankruptcy Canada (OSB) filings rose in May. They...
June 30 is a pivotal day in the credit card industry. Delinquency risk is locked for the current year, and issuers must scramble to reduce credit losses by working out payment arra...
Canadian mortgage debt has seen explosive growth return, but banks aren’t seeing the benefit. Canadian Bankers Association (CBA) data shows the arrears rate in April was the highes...
Canadians increasingly struggle to keep up with mortgage payments, report says | CBC News
Credit card delinquency has hit its highest level since 2011, with 13% of balances 90+ days overdue — and for the deeply indebted, escape is getting harder.
Rising credit card delinquencies signal worsening household financial health, potentially reducing consumer spending and impacting economic growth. The post US credit card delinque...
Canadian insolvency filings improved last year, but that progress is rolling back. Office of the Superintendent of Bankruptcy Canada (OSB) data shows insolvency filings climbed in...
TORONTO — A new report from Equifax Canada says insolvency volumes have risen to the highest level since 2009 amid escalating financial strain on homeowners. The firm’s first-quart...
Financial pressure is increasingly visible among homeowners, says Equifax
Household balance sheets became even more fragile in Q1 2026, according to Statistics Canada (StatCan) data. The agency’s numbers show debt accumulated faster than income for a six...
And two other provinces aren't far behind
The youngest borrowers posted the strongest improvement in credit performance of any generation
Credit card delinquencies are at a 15-year high as Americans carry record debt and struggle with rising prices and interest rates.
A new report from Equifax Canada says insolvency volumes have risen to the highest level since 2009 amid escalating financial strain on homeowners.
Canadians added mortgage debt at the slowest pace in two years in the first quarter, even as overall household leverage and debt payments continued to climb, new Statistics Canada...
Bank of Canada stress tests clear lenders even as household insolvencies surge
Financial anxiety has climbed five points in six months across Canada
Renewal wall pressure easing as rates fall from peaks, economist forecasts
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadian Insolvencies Surge To Second-Highest Level On Record Canadians filed 13,010 insolvencies in Apri...
Canada is built around borrowing, credit scores, and financing. For many newcomers, adapting to that system can feel overwhelming. The post The debt gap nobody talks about appeared...
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