Equifax® Canada Report Reveals Increased Financial Strain as Credit Delinquencies Continue to Rise

Ontario & British Columbia Lead Rise in Missed Mortgage Payments Equifax Canada Market Pulse — Q4 2023 Quarterly Consumer Credit Trends Report TORONTO, March 05, 2024 (GLOBE NEWSWIRE) -- According to Equifax® Canada's latest Market Pulse Consumer Credit Trends and Insights report, economic pressure is more visible as many consumers struggle to make monthly credit payments. Delinquency rates for non-mortgage balances that are 90+ days overdue went up from one per cent in Q4 2022 to 1.3 per cent in Q4 2023, r ...