Equifax Canada sees Canadian consumer debt rise to $2.68 trillion in Q2 2026

Reuters2026/08/24 09:45

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Equifax Canada Q2 2026 market pulse showed total Canadian consumer debt at $2.68 trillion, up 4.18% year over year.
Non-mortgage debt rose to $712.2 billion, up 4.8% year over year; 90+ day non-mortgage delinquency eased to 1.76%.
Ontario mortgage holders remained a key stress point; 90+ day missed mortgage payments rose for 16 straight quarters.
Ontario mortgage holders’ 90+ day non-mortgage delinquency climbed to 0.86%, up 27% year over year, diverging from the rest of Canada.
Credit card debt increased to $134.2 billion; 90+ day credit card delinquency improved to 4.19% but stayed up 6.8% year over year.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Equifax Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608240545PRIMZONEFULLFEED9814707) on August 24, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Equifax Canada sees Canadian consumer debt rise to $2.68 trillion in Q2 2026

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