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BusinessCanadaPress release

Canadian Consumer Debt Reaches Record $2.64 Trillion as Financial Realities Differ Across Households

Key findings from TransUnion report: Growth in new mortgages slowed significantly as affordability pressures persisted More Canadians fell seriously behind on payments year-over-year, with stress concentrated in Alberta, Saskatchewan and Ontario Consumer insolvency rates rose, driven primarily by non-mortgage holders TORONTO, Aug. 25, 2026 (GLOBE NEWSWIRE) — Canadian consumer debt hit a record $2.64 trillion […]

Financial Post1 hr ago

Published by CurrentWire Aug 25, 2026 at 6:40 AM ET · First coverage Aug 25, 2026 at 6:03 AM ET

Compiled by CurrentWire News Desk

Summary based on reporting from Financial Post.

Read the full report at Financial Post

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Financial PostTier B
Canadian Consumer Debt Reaches Record $2.64 Trillion as Financial Realities Differ Across Households(opens original report in a new tab)1 hr ago

How CurrentWire compiled this story

Financial Post (financialpost.com), a Tier B publisher, filed this report on Aug 25, 2026 at 6:03 AM ET. CurrentWire published this page 36 minutes later, on Aug 25, 2026 at 6:40 AM ET.

Filed under Business · Canada · Press release. Topics extracted from this report, with other live CurrentWire stories mentioning each: Toronto (9), Ontario (10), Alberta (3), Consumer Debt Reaches Record (none), Financial Realities Differ Across Households (none).

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