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Missed Payments and Financial Strain Are Increasing for Many Canadians, Credit Card Debt Continues To Rise
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As the Impact of High Interest Rates Takes Hold, Growth in Consumer Spending Slows and Financial Stress Rises
Equifax® Canada Market Pulse Consumer Quarterly Credit Trends ReportTORONTO, Sept. 14, 2023 Canadian consumer debt reached $2.4 trillion, according to Equifax® Canada’s most recent.
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Increased Demand for Credit Continues and Delinquency Rates Rise as Some Consumers Struggle with Affordability
Equifax® Canada Market Pulse — Consumer Quarterly Credit Trends Report TORONTO, June 06, 2023 Credit demand remained high in the first quarter of this year while the mortgage market. | June 6, 2023
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