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. ... More

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

Mortgage stress starting to surface as Canada enters peak renewal cycle

3/17/2026 | Posted in Mortgages and Real Estate by Jessi Sandhu

Severe mortgage delinquencies jumped in late 2025 even as the overall rate stayed low, new Equifax data shows, offering an early signal of strain as Canada enters peak mortgage ... More

Tags: Bank of Canada Benchmark Rate, Home Owners, Mortgage Arrears, Mortgage Consumers, Mortgage Debt, Mortgage Delinquency, Mortgage Renewals, Mortgage Trends, Stress Test

Mortgage debt soars while starter homes get out of reach for many Canadians

2/24/2026 | Posted in Canada Living by Jessi Sandhu

Canadians took on more mortgage debt last year, with the total debt hovering close to $2 trillion in 2025, a report by Equifax Canada shows. ... More

Tags: Canada Living, Mortgage Arrears, Mortgage Consumers, Mortgage Debt, Mortgage Delinquency, Mortgage Interest Costs, Mortgage Rates Canada, Mortgage Renewals

Here's how homeowners are coping with mortgage renewals in a choppy economy

2/13/2026 | Posted in Home Sellers by Jessi Sandhu

Rising delinquencies made renewal decisions far less forgiving ... More

Tags: Home Owners, Home Ownership, Mortgage Arrears, Mortgage Consumers, Mortgage Debt, Mortgage Delinquency, Mortgage Interest Costs, Mortgage Renewals