Webinar

Q3 2024 Credit Industry Insights

Canadian Credit Market Set to Grow in 2025 Amid Expected Lower Cost of Living and Interest Rates

Sign up to watch our on-demand webinar covering what consumer credit trends revealed in TransUnion’s latest Credit Industry Insights Report (CIIR). Key topics included:

  • Lower interest rates and falling inflation spurred a 4.1% annual rise in Canadian debt to $2.5 trillion — largely driven by younger generations
  • Non-mortgage delinquency rates reached their highest since 2019, though overall consumer delinquency decreased slightly
  • Mixed credit trends expected through 2025, with increased mortgage activity, personal loan growth rebound and stable delinquency rates

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