Tag: Equifax Canada report

• 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

• Ontario Sees Surge in Unpaid Bills as Debt Levels Rise

  

  A new report has shed light on the growing financial struggles of Canadians, revealing that an increasing number of people are unable to keep up with their major financial obligations. Among the hardest-hit provinces, Ontario stands out, with mortgage delinquencies soaring to unprecedented levels. According to data from Equifax Canada, consumer debt nationwide grew by…

  Kaleylangille

  February 28, 2025

  Uncategorized

  alberta, canada, Canadian housing market, economic downturn Canada, Equifax Canada report, financial hardship Ontario, financial struggles in Ontario, high unemployment Toronto, housing, mortgage defaults Canada, mortgage delinquencies Canada, non-mortgage debt Ontario, Ontario debt crisis, politics, rising consumer debt, rising debt levels Canada, Toronto cost of living, travel, unpaid bills Ontario