TORONTO--(BUSINESS WIRE)--New annual data from FICO, the global analytics software leader, shows that the average FICO® Score for Canadian consumers has dropped two points from April 2023 to 760. The ...

Statistics Canada says the amount Canadians owe relative to their income climbed higher for the fourth consecutive quarter.

Canadians are slipping deeper into financial trouble, and the numbers tell a sobering story. Turns out more Canadians are missing loan repayments at a much faster rate than taking on new debt — a ...

Canadian CPI data came out today, and the general trend is that it is bouncing around “normal levels” for an expansion. Grocery prices have been trending higher on a year-over-year basis (4%) since a ...

The Equifax Canada Q4 2024 Market Pulse Consumer Credit Trends Report highlights a troubling rise in mortgage delinquencies in Ontario, where missed payments have surged by over 50% compared to ...

Number of Canadians with access to credit and total outstanding consumer balances reached new records in the third quarter of 2024, mainly driven by Millennial and Gen Z consumers With an expectation ...

TORONTO--(BUSINESS WIRE)--Persistently high incidence of revolving debt and deteriorating financial health 1 have started to affect the way credit cardholders in Canada use their cards. According to ...

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