TransUnion Canada

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.

More Canadians only making minimum payment on credit cards: TransUnion

May 28, 2024 No Comments

An increasing number of Canadians are seeing their credit card balances balloon as the cost-of-living crisis and higher interest rates eat into household budgets.

Why you shouldn’t fear a credit score drop when applying for a mortgage

May 14, 2024 No Comments

In the complex world of home financing, a common concern among our clients involves the impact of credit inquiries on their credit scores.

Despite the BoC’s growth outlook, Canadians are bracing for recession: TransUnion

July 12, 2023 No Comments

While the Bank of Canada’s latest growth forecasts remain positive for the year ahead, Canadians aren’t taking any chances.

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TransUnion Canada

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

More Canadians only making minimum payment on credit cards: TransUnion

Why you shouldn’t fear a credit score drop when applying for a mortgage

Despite the BoC’s growth outlook, Canadians are bracing for recession: TransUnion

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