Canadian Consumer Debt Hits Record $2.66 Trillion

5/26/2026 | Posted in Financial Health by Jessi Sandhu

Canadian households are showing a growing divide between those successfully managing debt and those reaching a financial breaking point. ... More

Tags: Canada Living, Canadian Debt, Canadian Seniors, Homeowner Insolvency, Household Debt, Mortgage Arrears, Mortgage Debt, Mortgage Delinquency, NonMortgage Debt, Personal Finance

Ontario delinquencies reach alarming highs amid mortgage renewal surge

5/28/2025 | Posted in Financial Health by Jessi Sandhu

Ontario’s mortgage delinquency rate soared to record highs in the first quarter of 2025, marking the most severe year-over-year spike in the country and raising red flags ... More

Tags: Household Debt, Mortgage Consumers, Mortgage Debt, Mortgage Delinquency, NonMortgage Debt, Personal Finance

Retiring mortgage free? Not the reality for many Canadians

5/27/2025 | Posted in Financial Health by Jessi Sandhu

Millions of Canadians are facing retirement with a tough housing choice: downsize or continue to make monthly mortgage payments. ... More

Tags: Canadian Seniors, Mortgage Consumers, Mortgage Debt, Personal Finance, Retirement

Canada just announced a tax cut and you could see more on your paycheque starting this summer

5/16/2025 | Posted in Financial Health by Jessi Sandhu

Canadians are about to see a little more money in their pockets, thanks to a new federal tax cut aimed at the middle class. ... More

Tags: Canada Living, Personal Finance