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Rebecca Oakes

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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

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
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.
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