Fraud Concerns Determine who Canadians choose to do Business with, Reveals New TransUnion Survey
March 22, 2023 06:00 ET | TransUnion
Consumers abandon online shopping carts (40%), financial product applications (38%) and websites (69%) if they lack confidence in data or fraud security protection 46% consider security of personal...
Canadian Credit Industry Indicator(i)
Credit Health in Canada Remains Steady Despite High Interest Rate and Inflation Environment
March 01, 2023 06:00 ET | TransUnion
Amidst an economic environment of rising interest rates and high inflation, consumers continued to look to credit as a means to help stave off financial pressures during the fourth quarter of...
New TransUnion Study Finds Canada’s New-to-Credit Consumers Prove to be Similar, if Not Better, Risks Than Established Credit Users
January 25, 2023 08:15 ET | TransUnion
TORONTO, Jan. 25, 2023 (GLOBE NEWSWIRE) -- New-to-credit consumers – those early in their credit journeys – in Canada and across the globe generally perform as well or better than borrowers with...
More than Half (55%) of Canadians Surveyed Say Their Incomes Aren’t Keeping Up With Inflation
October 12, 2022 06:00 ET | TransUnion
Q3 2022 TransUnion Canada Consumer Pulse study key findings:   54% reported reducing discretionary spending over the last three months.  61% said their household income remained unchanged over the...
Canadian Digital Fraudsters Increasingly Target Insurance Industry in First Half of 2022
September 22, 2022 06:00 ET | TransUnion
TORONTO, Ontario, Sept. 22, 2022 (GLOBE NEWSWIRE) -- According to a TransUnion Canada TruValidate study, for the second consecutive quarter, the rate of suspected global digital fraud attempts in...
Canadian Consumer Credit Market Finishes 2018 Strong, Though Some Areas of Softness Emerge
February 20, 2019 06:00 ET | TransUnion
TORONTO, Feb. 20, 2019 (GLOBE NEWSWIRE) -- TransUnion’s (NYSE: TRU) latest Canada Industry Insights Report found that, while the consumer credit market ended 2018 on generally solid ground, some...
BOC Rate Reduction Puts Smart Money on 'Staying Variable' Mortgage Broker Educates Canadians on Unexpected Opportunity
January 21, 2015 13:14 ET | MorCan Direct
TORONTO, ONTARIO--(Marketwired - Jan. 21, 2015) - MorCan Direct, Canada's independent consumer advocate for better mortgages through better financing, is quickly educating Canadians on...
TransUnion: Canadian Total Debt Stabilizes After 6 1/2 Years of Increases
December 01, 2011 06:00 ET | TransUnion
TORONTO--(Marketwire - Dec 1, 2011) - TransUnion's quarterly analysis of Canadian credit trends found that the average consumer's total debt (excluding mortgage) dropped to $25,594 in the third...