Canadian Under Debt
Households under pressure as debt servicing strains intensify More people report being unable to cover their bills and other financial obligations. Canadian households are finding it harder to manage their…
Insolvency
Thousands of Canadians File Struggles Reach Breaking Point Elevated for both individuals and businesses – The latest stats from the Office of the Superintendent of Bankruptcy (OSB) reveal that consumer…
Gen Z Credit Use Up 30%
Canada’s Consumer Debt Hits $2.5 Trillion Canada’s consumer debt climbed to a record $2.5 trillion in the first quarter, with Gen Z, newcomers and subprime borrowers driving the surge. Lenders…