Here's Evidence Canadians Are On A Debt-Fueled Spending Spree

The Huffington Post Canada | Daniel Tencer | Posted 11.02.2015 | Canada Business

Canada may have spent the first half of the year stuck in an oil-driven recession, but you’d never know it looking at Canadians' spending habits. ...

How Inaccurate Credit Reporting Can Make Your Life Hell

Dan S. Barnabic | Posted 09.25.2015 | Canada Business
Dan S. Barnabic

The last survey on inaccurate credit data by the Ottawa-based research firm Public Interest Advocacy Centre (PIAC) dates back to 2006. It showed that 18 per cent of surveyed consumers felt their credit reports contained inaccuracies, some to the point of affecting their ability to obtain credit.

Canadian Consumer Debt Nears $1.6 Trillion

CP | Posted 09.15.2015 | Canada Business

TORONTO — Canadians are still adding to household debt, but at a slower pace than earlier in the year, according to a new study from Equifax. The...

We Owe $1.4 TRILLION

CP | Linda Nguyen, The Canadian Press | Posted 04.11.2014 | Canada Business

TORONTO - The love affair Canadians have with debt is still going strong, according to a new report by credit monitoring agency Equifax Canada.Equifax...

Canadians' Debt Burden Spikes

CP | Julian Beltrame, The Canadian Press | Posted 10.26.2013 | Canada Business

OTTAWA - Canadian households have returned to their free-spending ways and seniors have joined the party lately by borrowing to finance their post-ret...

Canadians Pay For Credit Reporting Errors

CBC | Posted 01.19.2013 | Canada Business

Credit rating mistakes are costing unsuspecting consumers thousands of dollars in higher interest rates and preventing some from getting much needed l...

Consumer Debt Delinquencies Down

CP | Sunny Freeman, The Canadian Press | Posted 01.06.2013 | Canada Business

TORONTO - The number of Canadians missing or defaulting on loan payments fell to pre-recession levels during the summer even though the amount of mone...

Found: $3M

CP | Dean Beeby, The Canadian Press | Posted 11.29.2012 | Canada Politics

OTTAWA - The Canada Revenue Agency has uncovered millions of dollars worth of missing taxes by doing a simple credit check that the banks have been us...

We're Still Piling On Debt -- But More Slowly

CP | Sunny Freeman, The Canadian Press | Posted 09.18.2012 | Canada Business

TORONTO - Consumer debt growth was about 30 per cent lower in the second quarter than a year earlier — the biggest slowdown since before the recessi...

We're Getting Better At Paying Off Credit Cards

CP | Sunny Freeman, The Canadian Press | Posted 03.11.2012 | Canada Business

TORONTO - Canadians are paying off more of their credit card debt and borrowing less as they cope with a weaker economy and some restrictions on credi...