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% ...

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 ...

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 ...

Despite stabilization of macroeconomic conditions, total consumer debt and delinquency rates continue to rise Gen Z consumers continue to drive credit market activity Credit card balances hit new ...