The Resilient North: Equifax Canada Data Shows Consumers Leaning on Financial Discipline to Offset Macroeconomic Conditions
Equifax Canada's Q1 2026 Market Pulse report shows Canadian consumers exercising greater financial discipline with reduced non-mortgage debt and improved credit card repayments. However, insolvency levels have risen to their highest since 2009, driven by mortgage-related financial strain, especially in high-cost markets like Ontario and British Col…