As of 2023, the mortgage default rate in Canada stands at approximately0.25%, highlighting a continued trend of low defaults despite rising interest...
In 2025, the average credit card interest rate in Canada is projected to be approximately 19.5%, reflecting a gradual increase due to...
Debt can be overwhelming for many Canadians, leading to financial stress and uncertainty. As you seek ways to regain control over your...
As of 2025, approximately 56% of Canadian youth aged 18 to 29 are projected to carry some form of debt, revealing significant...
As of 2023, approximately 38% of Canadian seniors are reported to be in debt, a stark increase from previous years. This statistic...
As of 2023, the average monthly debt payments in Canada total approximately CAD 1,000 per household, reflecting the ongoing financial strain many...
In today’s dynamic financial landscape, many Canadians find themselves navigating the complexities of borrowing money. With various options available, understanding the nuances...
In Canada, it is estimated that approximately $ 1.1 billion in student debt is forgiven annually through various debt relief programs. This...
As of 2023, approximately3.4% of Canadians are reported to be in collections, highlighting a significant aspect of the country’s financial landscape. Understanding...
