gen z

Gen Z credit use up 30%, as Canada’s consumer debt hits $2.5 trillion

June 8, 2025 No Comments

Canada’s consumer debt climbed to a record $2.5 trillion in the first quarter, with Gen Z, newcomers and subprime borrowers driving the surge, according to TransUnion’s latest Credit Industry Insights Report.

Fewer young Canadians own homes but majority planning to buy within five years: poll

October 29, 2024 No Comments

A new report says that while fewer young Canadians own a home compared with three years ago, a majority of millennials and Gen Z adults still plan to purchase one in the next five years.

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gen z

Gen Z credit use up 30%, as Canada’s consumer debt hits $2.5 trillion

Fewer young Canadians own homes but majority planning to buy within five years: poll

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