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Amid interest rate hikes and high inflation, more Canadians are turning to credit for relief, with consumer debt hitting a new record in the first quarter of 2023.

The federal housing agency has revealed the latest industry trends

Despite a decelerating pace of borrowing, Canadian seniors still pushed the nation’s reverse mortgage debt balance towards yet another ... More

Most Canadians held back from increasing their debt burden in 2019 and 1 in 5 say debt repayment is their top financial priority for 2020.

TD economists says the cost of servicing debts should ease early in 2020

Canadians' borrowing habits are back to where they were before policymakers cooled off the housing market. Lower interest rates are convincing some to borrow more.

The average Canadian household was worth less in 2018 than in the previous year.

Household income grew slightly faster than debt in the second quarter as the amount Canadians owe relative to their income edged down for the third quarter in a row.

The Bank of Canada resisted pressure from investors by declining to signal it will soon follow global peers in easing monetary policy.

A slowing economy and growing trade tensions suggest a cut will happen more quickly than currently accounted for, Macquarie economist says.

The average Canadian household paid nearly $40,000 in taxes last year, more than the combined cost of clothing, food and shelter, according to a new report.