With interest rates and borrowing costs at elevated levels, it’s more important than ever to ensure your credit report is in good standing. ... More

A new report suggests an increasing number of Canadians are seeing their credit card balances balloon as the cost-of-living crisis and higher interest rates eat into household ... More

Renters face daunting barriers in their attempts to build wealth as they’re forced to devote an increasing share of their income to keeping a roof over their head. ... More

Equifax Canada says consumers in Ontario and British Columbia increasingly missed payments on mortgages and credit cards in the fourth quarter of 2023. ... More

Further analysis of the latest Canadian insolvency stats reveal some revealing elements that typically connect those whose finances have got too much for them. ... More

Higher living costs are pushing more and more Canadians into debt, according to a new report. ... More

Equifax Canada says new data suggests a significant shift in credit usage among businesses in the first quarter of 2023. ... More

Canadians' mortgage borrowing has reached its lowest level since 2003, primarily due to the impact of higher interest rates, according to recent data released by Statistics ... More

Amid interest rate hikes and high inflation, more Canadians are turning to credit for relief, with consumer debt hitting a new record in the first quarter of 2023. ... More

The federal housing agency has revealed the latest industry trends ... More

The coronavirus outbreak is leading to defaults on credit cards, utilities, and telecoms. ... More

Despite a decelerating pace of borrowing, Canadian seniors still pushed the nation’s reverse mortgage debt balance towards yet another ... More

Canadians' borrowing habits are back to where they were before policymakers cooled off the housing market. Lower interest rates are convincing some to borrow more. ... More

Household income grew slightly faster than debt in the second quarter as the amount Canadians owe relative to their income edged down for the third quarter in a row. ... More

The average Canadian household paid nearly $40,000 in taxes last year, more than the combined cost of clothing, food and shelter, according to a new report. ... More

A warning has been issued regarding investment schemes that promise tax write-offs by investing in real estate through limited partnerships. ... More

Canadian households continued to pile up debt in the fourth quarter of 2018 according to a new report from CMHC. ... More

The Canadian credit market has grown but it appears that consumers are generally managing their debt well. ... More

Higher interest rates and a record-large debt burden are taking their toll on Canadians, with the number of households filing for insolvency hitting an eight-year high in the ... More

Sign of deteriorating financial stability for many people in the country. ... More

An increasing number of Canadians say they are concerned about their debts and are edging towards insolvency. ... More

It's a worrying sign for an economy that has relied so heavily on consumer spending and the housing market to drive growth. ... More

The TFSA contribution limit for 2019 is $6,000, up from $5,500 in 2018. ... More

Data showing that interest rates are rising faster than income provide a wake-up call to Canadian consumers who are taking on unsustainable amounts of debt. ... More

Despite rising mortgage costs, rents, and grocery bills, these were not the biggest drain on the average Canadian household income last year. ... More

Members of Generation X (aged 37 to 52) are finding it hard to save, and the tighter timeline is causing them stress, a Franklin Templeton report finds. ... More

Bank of Canada governor says heavy debt load poses risk to the economy, but he is confident it can be managed. ... More

Upward trend in rates would negatively impact Canadians' ability to service their debts. ... More

Canadians' collective household debt has climbed to $1.8 trillion as Bank of International Settlements sounds an early warning that the country's banking system is at risk ... More

Evidence of mortgage fraud amid surging home prices and household debt has prompted S&P Global Ratings to lower a key risk metric for Canadian banks. ... More