Tag: consumer debt Canada

• Canadian Incomes Improved, But Most Households Expect Life to Get Worse in 2026: MNP

  

  January 19, 2026 Despite recent gains in income, Canadians are entering 2026 with growing pessimism about their financial future. New survey data from MNP’s Consumer Debt Index shows that most households expect rising costs, worsening housing affordability, and mounting economic pressure in the year ahead. While some Canadians are actively adjusting their finances, a large…

  Kaleylangille

  January 19, 2026

  alberta, british columbia, East Coast, ontario, Uncategorized

  canada economy 2026, canadian incomes, consumer debt Canada, cost of living Canada, economy, finance, household finances canada, housing affordability Canada, inflation, inflation Canada, investing, MNP Consumer Debt Index, politics, wages vs inflation

• Canadians Falling Behind on Mortgages and Loans, Says Equifax

  

  A recent Equifax Canada report reveals a significant increase in mortgage and loan delinquencies across Ontario, highlighting growing financial strain among homeowners. In the first quarter of 2025, Ontario’s 90+ day mortgage delinquency rate rose to 0.24%, marking a 71.5% increase compared to the same period in 2024. This surge is attributed to homeowners facing…

  Kaleylangille

  May 30, 2025

  alberta, ontario, Uncategorized

  consumer debt Canada, Equifax Canada report, financial strain, housing market challenges, interest rate impact, mortgage renewals, non-mortgage delinquencies, Ontario mortgage delinquencies, rising debt levels