Canada’s consumer debt climbed to a record $2.5 trillion in the first quarter, with Gen Z, newcomers and subprime borrowers driving the surge, according to TransUnion’s latest Credit Industry Insights Report. 

Canada’s consumer debt climbed to a record $2.5 trillion in the first quarter, with Gen Z, newcomers and subprime borrowers driving the surge, according to TransUnion’s latest Credit Industry Insights Report.  Mortgage Rates & Mortgage Broker News in Canada