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Report says federal and provincial borrowing has climbed to $2.44 trillion, leaving the average Canadian on the hook for tens of thousands of dollars
Mortgage holders face steepest pressure as delinquencies surge in Ontario and BC
New Fraser Institute findings show debt servicing rivalling health and education budgets
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...
New National Debt Relief data shows debt touching nearly every corner of consumers' lives
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...
A new Fraser Institute report says that since 2007-08, combined federal and provincial debt, adjusted for inflation, has almost doubled, from $1.24 trillion to a projected $2.44 tr...
Canada’s central bank is concerned about how the country is financing its debt. The Bank of Canada’s (BoC) latest Financial Stability Report flags the growing role of hedge funds i...
RBC survey finds students borrowing more but understanding less about how debt repayment works
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...
Ottawa's fiscal position deteriorates at federal level despite provinces pulling back from year-ago spending surge
Financial anxiety has climbed five points in six months across Canada
Canadian households continue to rack up an epic amount of debt. Statistics Canada (StatCan) data shows household debt continued to climb in March. The record debt rivals the countr...
America and China now account for more than half of the world’s household debt.
New data show stronger balance sheets
Connecticut tops America with $26,200 in state debt per resident, while Tennessee ranks lowest. Explore government debt burdens across all 50 states.
For many Canadians, the weight of debt is more than just a numbers game; it's about not spending more than you earn. The emotional toll of owing money can affect your sleep, your r...
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...
Ottawa is boasting of fiscal anchors, but the latest stress test is about to give taxpayers that sinking feeling. This morning, the Parliamentary Budget Officer (PBO) released its...
The MNP Consumer Debt Index considers all kinds of credit-related consumer debt, from credit cards and lines of credit to payday loans and ‘Buy Now Pay Later’ services.
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canada Taps Leveraged Hedge Funds For Over 40% of New Debt, Warns BoC Canada’s central bank has growing c...
Net inflows hit $58.3bn as Canadians pull back from US Treasuries amid shifting allocations
Canadians imported a record amount of goods in the first quarter, driven primarily by surging prices for gold and other metals, causing the current account deficit to widen.
America's national debt just crossed 100% of GDP — and a leading budget expert says it's already pushing up your mortgage rate, fueling inflation, and eroding wages.
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