Despite stabilization of macroeconomic conditions, total consumer debt and delinquency rates continue to rise; Gen Z ...
Canada’s consumer debt reached a historic high of $2.5 trillion in the fourth quarter of 2024, marking a significant 4.5% ...
Gen Z consumers were the fastest-growing segment, with a 29% increase in credit participation as they diversify their debt beyond credit card debt ... health of the Canadian retail credit market ...
But the report warns that the health of the Canadian consumer credit market, as measured by TransUnion’s Canada Consumer Credit Index, declined to its lowest level since 2021 (99.8) in the fourth ...
Driving the surge was a sharp rise in average credit card balances, which increased by 25.9% to $20,398 and accounted for 34% of total unsecured debt. Click to read.
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All five Liberal leadership candidates say they've either already paid or will submit the final $125,000 due Monday evening that's required to stay in the race. Now, ahead of English and French ...
When I was younger and just starting out in my career, I’ll admit that when the money started coming in, I was spending it – ...
8Twelve has partnered with over 65 Canadian mortgage lenders to provide ... such as student loans and credit card debt. Your TDS shouldn’t exceed 44% of your gross income. 🤓Nerdy Tip When ...
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Money Canada (English) on MSN4 tips to help optimize your student loan repayment in CanadaDespite the elimination of interest on Canada student loans in 2023, loan repayment still burdens many Canadian students, but ...
Plus: NY Gov. Kathy Hochul won't oust Mayor Eric Adams but vows oversight. | More than half a million Haitian refugees will ...
Equities researchers at National Bank Financial reduced their Q1 2025 earnings per share (EPS) estimates for Bank of Montreal ...
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