Jeff Brown

Canadian businesses face rising debt, payment stress: Equifax

Mario Toneguzzi -
Average commercial debt per business rose 7.3 per cent year-over-year to $30,581, while the 60-plus-day delinquency rate on financial credit products reached 4.0 per cent, its highest level since 2019 and a 19.7 per cent increase from a year earlier.

Despite rate cuts and business optimism, credit challenges persist for small business: Equifax

Mario Toneguzzi -
"Strong holiday demand can give businesses the momentum they need to start 2026 on firmer ground, but elevated debt levels mean the margin for error remains thin."

Rising costs, tight credit challenge Canadian businesses: Equifax report

Mario Toneguzzi -
An Equifax Canada survey finds small business owners facing rising costs and credit concerns as wages, demand and debt weigh on profitability.

Small businesses struggle as delinquencies stay high, trade uncertainty adds to pressures: Equifax

Mario Toneguzzi -
Pullback in consumer spending is impacting businesses that rely on discretionary spending, says Equifax.

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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