Canadian Consumer Debt Reaches Record $2.64 Trillion as Financial Realities Differ Across Households

Key findings from TransUnion report: Growth in new mortgages slowed significantly as affordability pressures persisted More Canadians fell seriously behind on payments year-over-year, with stress concentrated in Alberta, Saskatchewan and Ontario Consumer insolvency rates rose, driven primarily by non-mortgage holders TORONTO, Aug. 25, 2026 (GLOBE NEWSWIRE) — Canadian consumer debt hit a record $2.64 trillion […]