Best & Worst Performing Sectors of 2022
The Canadian Investor
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Equifax Canada Says Consumer Debt Rises to 2.36 Trillion in Q3
Equifax Canada said that there's an increase in borrowers, which has pushed total consumer debt to 2.36 trillion in Q3. Credit card spending was up 17.3% from last year in Canada to an all-time high for the period. A quick reminder here though that Visa Mastercard do not lend money. The issuing banks do.
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