More Canadians only making minimum payment on credit cards: TransUnion

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Some Canadians are seeing their credit card balances grow as the cost-of-living crisis and higher interest rates eat into household budgets, a new report shows.

Amid mounting outrage over high grocery prices, a retail expert says there's a solution to fostering more competition in the country.A new report commissioned by an industry lobby group on the federal government's proposed emissions cap stirred up strong reactions from both oil and gas supporters and environmental groups on Monday.Friday's preholiday travel breaks the record for the most airline travellers screened at U.S.

IAMGOLD’s Cote Gold open pit mine, located off Highway 144 between Timmins and Sudbury, had its official ribbon-cutting ceremony this week as production ramps up.When one is extended an invitation to the Royal Garden Party in London, England, there's undoubtedly no shortage of pomp and circumstance. Barrie, Ont. natives Megan Kirk Chang and her husband Brandon experienced just that as they entered the prestigious event hosted at Buckingham Palace on Tuesday.

'An increase that we've noticed': Collisions between vehicles and pedestrians on the rise in Winnipeg Three northern Ont. police officers who shot and killed an Indigenous man four years ago were cleared of wrongdoing and now a coroner's inquest is underway to prevent similar incidents in the future.A commercial driver is facing a list of charges after video surfaces of a scary near miss involving an off-duty officer and a truck full of cattle in northern Ontario last month, police say.

 

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More Canadians only making minimum payment on credit cards: TransUnionTORONTO — Some Canadians are seeing their credit card balances grow as the cost-of-living crisis and higher interest rates eat into household budgets, a new report shows.
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Average credit card debt per borrower tops $6,000: TransUnionThe average credit card debt per borrower has increased by 8.5% year over year to $6,218, TransUnion finds. With consumers under pressure, it can be...
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