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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...
Mortgage holders face steepest pressure as delinquencies surge in Ontario and BC
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...
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
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...
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...
New data show stronger balance sheets
Financial pressure is increasingly visible among homeowners, says Equifax
Households saw their net worth rise, but that might be a surprise to them. Statistics Canada (StatCan) data shows household net worth climbed in Q1 2026. Housing even made its firs...
America and China now account for more than half of the world’s household debt.
Financial anxiety has climbed five points in six months across Canada
New Fraser Institute findings show debt servicing rivalling health and education budgets
Bank of Canada says households struggling, economy vulnerable to shocks | Globalnews.ca
New National Debt Relief data shows debt touching nearly every corner of consumers' lives
More people are walking through the doors these days at Consumer Credit Counseling Service of Rochester.
Higher debt and lower wage growth mean some are living on the edge despite being technically richer
New data shows tight margins for household finances as cost-of-living challenges remain
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...
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...
A new report from Equifax Canada says insolvency volumes have risen to the highest level since 2009 amid escalating financial strain on homeowners.
Rising inflation and housing costs driving food insecurity, loss of sleep
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.
Canadians increasingly struggle to keep up with mortgage payments, report says | CBC News
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...
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