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The Bank of Canada is almost done with its current series of rate hikes, but consumers should brace for higher borrowing costs before the end, according to central bank ... More

Many economists say a mild recession is on the cards as they look ahead to 2023.

Overall consumer debt hit a new record high in the second quarter and some people may be overwhelmed by inflation.

Rising unemployment and high debt is expected to boost mortgage loan delinquencies in Canada, though experts say it won’t play out like the U.S. subprime mortgage crisis ... More

The coronavirus outbreak is leading to defaults on credit cards, utilities, and telecoms.

A measure of Canada’s consumer confidence has reported its biggest drop ever amid the COVID-19 pandemic.

Canadian homeowners continue to cut back on home renovation spending in 2019: CIBC Poll

It's a worrying sign for an economy that has relied so heavily on consumer spending and the housing market to drive growth.

Canada’s economy will slow down in 2019 with consumer spending impacted by weaker employment, cooling house prices, high levels of debt, and rising interest rates.

Consumer spending is expected to slow as Canadians spend more on the interest on their debt.