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Consumer debt continues to grow, reaching record $2.5T, credit bureaus say

TORONTO — Consumer debt rose to a record $2.5 trillion in the third quarter as many Canadians continue to struggle with high living costs and rising unemployment, new surveys from two credit bureaus say. Newcomers and consumers who borrowed mon


  • Nov 26 2024
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Consumer debt continues to grow, reaching record $2.5T, credit bureaus say
Consumer debt continues to grow, reaching record $2.5T, credit bureaus say
TORONTO -- Consumer debt rose to a record $2.5 trillion in the third quarter as many Canadians continue to struggle with high living costs and rising unemployment, new surveys from two credit bureaus say. Read More

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