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Key findings from TransUnion report: Credit delinquencies showed signs of stabilizing during a period of relative economic stability Mortgage balances continued to climb, while delinquency rates...
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Key findings from TransUnion report: Total consumer debt rose to $2.6 trillion, driven by increased mortgage balances amid falling interest rates; mortgage originations jumped 18% YoY as Canadians...
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Key findings from TransUnion report: Inflation continues to be a key driver of the growth in consumer balances over the last three years, with average non-mortgage balances rising 10% since 2022Home...
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Key findings from TransUnion report: New-to-credit Canadians led to greater credit participation, accounting for $2.6 billion in new credit balances in Q1 2025Subprime consumers are almost twice as...
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Key findings from TransUnion report: Despite stabilization of macroeconomic conditions, total consumer debt and delinquency rates continue to riseGen Z consumers continue to drive credit market...
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Key findings from TransUnion report: Number of Canadians with access to credit and total outstanding consumer balances reached new records in the third quarter of 2024, mainly driven by Millennial...
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Key findings from the TransUnion® report: Canadian household debt hits a record high $2.41 trillion, with mortgage debt making up 74% of the total outstanding balances. More Canadians face payment...
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Key findings from TransUnion report: Credit participation in Canada continued to rise, led by new-to-country and Generation Z consumers, driving total debt to $2.38 trillion Continued higher cost...
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Key findings from TransUnion report: Consumer credit-active population growth is primarily driven by New-to-Credit consumers, with those being New-to-Canada driving the trend. Canada’s credit market...
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Nearly half (42%) of surveyed Canadians monitor their credit report to help obtain new credit and 45% look to better manage debt. Underserved and new-to-credit consumers benefit from greater credit...