Stable versus struggling: canada's financial divide widens

- mortgage delinquencies rising in ontario amidst rising consumer debt - equifax canada market pulse quarterly consumer credit trends report toronto, feb. 25, 2025 (globe newswire) -- a growing financial divide is emerging across canada, with some borrowers benefiting from lower interest rates while others struggle under mounting debt. according to equifax canada's q4 2024 market pulse consumer credit trends report, some ontario mortgage holders are experiencing severe financial distress, with delinquencies more than 50 per cent higher than pre-pandemic levels.
EFX Ratings Summary
EFX Quant Ranking