As the Cost of Living Continues to Rise, Household Debt Jumps to $2.34 Trillion in Canada
According to TransUnion’s Q2 2023 Credit Industry Insights Report, the average credit card balance now stands at $4,000, reflecting a
Read moreAccording to TransUnion’s Q2 2023 Credit Industry Insights Report, the average credit card balance now stands at $4,000, reflecting a
Read moreAs inflation surges, an increasing number of Canadians are countering the heightened cost of living by downsizing their household expenses
Read moreThe risks to Canada’s economy remain high as household debt levels continue to grow. In the latest analysis from the
Read moreThe Bank of Canada is sounding the alarm on the impact of rising interest rates on Canadian households, and the
Read moreEquity markets continue to rally on the hopes of some combination of peak inflation, a coming slowing in the rate
Read moreConsumers across America embarked on unprecedented shopping sprees last year, causing total household debt to jump by $1 trillion— the
Read moreThe Covid-19 pandemic has sent some households’ net worth soaring by more than $2 trillion since the beginning of 2020,
Read moreUS Household incomes soared by the most on records dating back to 1946, as an unprecedented amount of government stimulus
Read moreThe coronavirus pandemic has created significant financial uncertainty for many Canadians, pushing them to forego current spending and instead save
Read moreWhile the coronavirus pandemic forced businesses across the US to shut their doors and millions of Americans to stay at
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