Windsor Star
Canadian consumer debt hit a record $2.56 trillion by the end of the fourth quarter of 2024 with Ontario residents struggling more than anywhere else to meet their payments. Equifax Canada’s fourth quarter Consumer Credit Trends Report found Ontario experienced a 90.2 per cent surge in the those who are now delinquent for 90 days [……
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Ontarians awash in red tide of consumer debt; Windsor faring a little better
Canadian consumer debt hit a record $2.56 trillion by the end of the fourth quarter of 2024 with Ontario residents struggling more than anywhere else to meet their payments. Equifax Canada’s fourth quarter Consumer Credit Trends Report found Ontario experienced a 90.2 per cent surge in the those who are now delinquent for 90 days