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Category: Managing Debt

Understanding and Managing Debt

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Household debt is climbing: What Canadians can do about it

Household debt is reaching new heights in Canada. According to the Q4 2024 TransUnion industry report, consumer debt in Canada grew to $2.5 trillion, an increase of 4.5% year-over-year. Many Canadians are trying to juggle paying bills, credit cards, and loans— all while trying to make ends meet. Find out how much debt the average Canadian…

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