1+ week, 22+ hour ago   (169+ words) Canada’s Credit Crunch: Peak Homebuyer Defaults & Renter Insolvencies Soar Canadian households are cracking under the pressure of supersized debt loads. New data from TransUnion shows household debt hit $2.64 trillion in Q2 2026, up 4.6% from last year. The credit agency warns this growth…...

2+ week, 21+ hour ago   (70+ words) Canada’s Real Estate Bubble: First-Time Buyers Need To Be Among Top Earners Canadian Real Estate Nears A Bottom? RBC Calls It For An 8th Time In 4 Years Canadian GDP Growth Rebounds In Q2, Driven By Temporary Events Canadian Bank Mortgages Near 6-Year…...

2+ week, 5+ day ago   (699+ words) Canadian household debt is throwing out more concerning data points. Equifax data shows non-mortgage credit grew in Q2 2026—both balances and delinquencies. Ontario is leading the erosion, with missed payments rising at double the average. Meanwhile, New Brunswick is leading for…...

3+ week, 22+ hour ago   (131+ words) Bank of Canada Research Warns Rate Cuts Can Worsen Housing Affordability Canada’s “Record” Housing Correction? Prices Near Highs In Most Provinces Canadians Turn To Consumer Credit As Mortgage Debt Slows Canadian Home Prices Just Made The Sharpest Monthly Drop This…...

3+ week, 2+ day ago   (416+ words) A new independent staff study from Canada’s central bank aims to help clarify the impact of low rates on housing. Bank of Canada (BoC) researchers found that supply and demand both get a boost with rate cuts. Demand responds almost…...