Credit demand rebounds as canada reopens

Toronto, aug. 24, 2021 (globe newswire) -- today, transunion released the findings of its q2 2021 transunion canada credit industry insights report, which showed that the credit market has begun to recover as the economy reopens. positive momentum around key consumer credit trends and performance contributed to transunion canada's credit industry indicator (cii) rising to 93.5 points, up nine points from the previous quarter and up 29 points from the lowest point in the pandemic (august 2020 at 63.6). the cii, which transunion launched in july 2021, is a country-specific measure of consumer credit health trends in four categories: demand, supply, consumer behaviour and performance.
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