Total consumer debt climbed to $2.65 trillion in Q4 2025, a 3.13 per cent increase year-over-year, driven by a $50.26 billion rise in mortgage balances and a 4.50 per cent jump year-over-year in non-mortgage debt.
A new Affirm survey shows most Canadians find credit card terms confusing, with hidden fees derailing budgets for 59% of users and growing calls for clearer payment options.
A new survey highlights Canada's most popular credit cards, with PC® Mastercard® and Canadian Tire Triangle Mastercard leading in consumer preference.