Canadian Consumer Debt Hits Record $2.66 Trillion

5/26/2026 | Posted in Financial Health by Jessi Sandhu

Canadian households are showing a growing divide between those successfully managing debt and those reaching a financial breaking point.

Tags: Canada Living, Canadian Debt, Canadian Seniors, Homeowner Insolvency, Household Debt, Mortgage Arrears, Mortgage Debt, Mortgage Delinquency, NonMortgage Debt, Personal Finance

How Your Loans and Spending Habits Impact Your Credit Score

4/6/2026 | Posted in Financial Health by Jessi Sandhu

A mix of loans can either strengthen or weaken your credit score, depending on how you manage spending and payments. Because credit cards, car loans, and mortgages affect ... More

Tags: Canada Living, Credit Score, Household Debt, Mortgage Debt, NonMortgage Debt

Canadian household net worth jumps to highest for over a year

12/12/2025 | Posted in Financial Health by Jessi Sandhu

Canadian households’ net worth rose at the fastest pace since the start of 2024 as the value of their financial assets jumped by the most on record.

Tags: Canadian Households, Household Debt

Ontario delinquencies reach alarming highs amid mortgage renewal surge

5/28/2025 | Posted in Financial Health by Jessi Sandhu

Ontario’s mortgage delinquency rate soared to record highs in the first quarter of 2025, marking the most severe year-over-year spike in the country and raising red flags ... More

Tags: Household Debt, Mortgage Consumers, Mortgage Debt, Mortgage Delinquency, NonMortgage Debt, Personal Finance

Retiring mortgage free? Not the reality for many Canadians

5/27/2025 | Posted in Financial Health by Jessi Sandhu

Millions of Canadians are facing retirement with a tough housing choice: downsize or continue to make monthly mortgage payments.

Tags: Canadian Seniors, Mortgage Consumers, Mortgage Debt, Personal Finance, Retirement

Canada just announced a tax cut and you could see more on your paycheque starting this summer

5/16/2025 | Posted in Financial Health by Jessi Sandhu

Canadians are about to see a little more money in their pockets, thanks to a new federal tax cut aimed at the middle class.

Tags: Canada Living, Personal Finance

Canada's mortgage arrears creep back to record pandemic levels

4/1/2025 | Posted in Financial Health by Jessi Sandhu

Despite affordability gains, missed payments hit highest rate since early 2021

Tags: Mortgage Consumers, Mortgage Debt, Mortgage Delinquency, Mortgage Trends

New year, better mortgage rates: Credit tips to get you there

1/5/2025 | Posted in Financial Health by Jessi Sandhu

As we step into a new year, it’s a great time to reassess your financial habits and ensure your credit profile is in top shape.

Tags: Credit Score, First Time Home Buyers, Home Buyers, Household Debt