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

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 scores ... More

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