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Canadians experiencing ‘financial whiplash’ as economic uncertainty persists: MNP

Mario Toneguzzi -
61% say they are experiencing ‘financial whiplash’ as shifting conditions repeatedly disrupt their financial plans, while 74% say rising prices for essentials like food and gas are straining their finances. 
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One in three Canadian credit card holders carry a balance as financial pressures mount: Vividata

Mario Toneguzzi -
58 per cent say they have less disposable income than before.
News

Nearly half of Canadians regret their debt as persistent ‘debt blind spots’ leave many financially vulnerable: MNP

Mario Toneguzzi -
Concern about current debt is highest among Gen Z (55%, +13 pts 2025 vs. 2020) and Millennials (55%, unchanged 2025 vs. 2020).
News

Cautious holiday spending softens typical January credit card delinquency spike: Equifax Canada

Mario Toneguzzi -
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.
News

MNP Consumer Debt Index: Canadians brace for challenging 2026 

Mario Toneguzzi -
A majority believe the economy overall will worsen (59%) this year, and as many expect housing affordability to deteriorate (59%).
News

Number of Canadians missing credit card payments soaring: Equifax

Mario Toneguzzi -
1.45 million consumers in Canada missed a credit payment in Q3, more than 46,000 higher than in Q2.
News

Money anxiety surges in Canada as households drain savings to stay afloat: Harris & Partners

Mario Toneguzzi -
78.7% of Canadians have had to dip into their savings more frequently than before, says a Harris survey.
News

Equifax Canada: Delinquency levels stabilize in Q2, but financial divide widens among Canadians

Mario Toneguzzi -
In Q2 2025, close to 1.4 million Canadians missed a credit payment — 7,000 fewer than last quarter – but still 118,000 more than a year ago, said Equifax.
News

Consumer insolvencies on the rise; business declines but still elevated: CAIRP

Mario Toneguzzi -
The Association said that even with short-term fluctuations, consumer insolvency volumes in 2025 remain notably higher than pre-pandemic norms.
News

Millions of Canadians struggling financially in silence over debt concerns

Mario Toneguzzi -
52.6% of Canadians have less than $200 left each month after covering bills and debt payments
News

1.4 Million consumers missed a credit payment while spending dips to 3-year low: Equifax

Mario Toneguzzi -
Total consumer debt was $2.55T at the end of Q1, up four per cent year-over-year, according to Equifax
News

MNP Consumer Debt Index Q2 2025: Canadians see financial relief as debt concerns ease amid lower interest rates

Mario Toneguzzi -
Reflecting Canadians’ shift toward financial caution, three-quarters (74%) say they have cut back on spending due to uncertainty, with women (77%) and those aged 35-54 (81%) being the most likely to have reduced spending, said MNP.
News

Canadian consumer insolvencies rise by 20.5% in January amid financial pressures

Mario Toneguzzi -
Ongoing financial stress, including the high cost of living and escalating household debt, continues to play in driving up consumer insolvencies.
News Briefs (Bulletin/Quick Reads)

Stable versus struggling: Canada’s financial divide widens: Equifax

Mario Toneguzzi -
Total consumer debt in Canada reached $2.56 trillion at the end of 2024, a 4.6 per cent increase over 2023, says Equifax.
News Briefs (Bulletin/Quick Reads)

Canadians struggle to manage obligations amid financial pressures

Mario Toneguzzi -
Rising debt levels contributing to increasing financial pressures for Canadians.
News Briefs (Bulletin/Quick Reads)

Canada’s total consumer debt hits record $2.5 Trillion

Mario Toneguzzi -
Although the pace of debt accumulation has slowed, the overall increase in balances remains substantial.
News Briefs (Bulletin/Quick Reads)

Credit card debt among insolvent debtors surges 26% in 2024

Mario Toneguzzi -
The average insolvent debtor now owes $60,678 in total unsecured debt, an increase of 12.2% from 2023.
News

MNP Consumer Debt Index plunges to 2nd lowest level ever recorded

Mario Toneguzzi -
Despite consecutive interest rate cuts in 2024, Canadians’ attitudes towards their finances and interest rates have worsened this quarter, says MNP.
News

Retail sector under pressure during key holiday season: Equifax

Mario Toneguzzi -
Equifax says small businesses face an uphill battle this holiday season.
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FEATURES ON RETAIL INSIDER

Läderach Unveils New Boutique on Toronto’s Bloor Street

Craig Patterson -
Läderach has opened a new boutique on Bloor Street, marking the Swiss chocolatier’s first Canadian street-front location. A national expansion will see more Vancouver locations before moving into Alberta.

King Living opens flagship Toronto showroom

Craig Patterson -
Australian brand King Living opens a 12,000-sq-ft Toronto showroom in the Castlefield Design District, offering modular furniture, design services, and a gallery-like retail experience.

The Kenrick Hotel Banff Unveils Major Luxury Renovation

Craig Patterson -
The Kenrick Hotel in Banff reopens after a multi-phase luxury renovation by BUILD IT, offering upgraded suites, spa, dining, and event spaces.

Jollibee to Open 100 Canadian Locations in 5 Years

Unique Retailer ‘Hodge Podge Toys’ Relocates for Growth

BRIEF: Old Navy Announces 3 Stores, SSENSE to Unveil 5-Storey Flagship

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