{"success":true,"data":{"pressRelease":{"id":"125629","rtpr_id":"nGNX5w5LM","ticker":"EFX","exchange":"NYSE","all_tickers":["EFX"],"title":"Non-Mortgage Delinquency Growth Slows in Second Quarter, but Ontario Homeowners Remain Under Pressure","author":"Globe Newswire","published_at":"2026-08-24T09:45:00.176Z","article_body":"TORONTO, Aug. 24, 2026 (GLOBE NEWSWIRE) -- Equifax(® )Canada’s Q2 2026\nMarket Pulse Quarterly Consumer Credit Trends and Insights reveals that total\nCanadian consumer debt rose to $2.68 trillion, a 4.18 per cent increase\ncompared to Q2 2025 and a 1.3 per cent rise from the previous quarter.\n\nFollowing a drop in non-mortgage debt in Q1 2026, balances saw a seasonal\nrebound in the second quarter. Non-mortgage debt reached $712.2 billion in Q2,\nmarking a 4.8 per cent jump year-over-year and a 2.09 per cent increase from\nQ1 2026. National 90+ day non-mortgage balance delinquency rates saw a\nseasonal improvement, dipping to 1.76 per cent in Q2 2026 from 1.79 per cent\nin Q1, though it remained elevated compared to the 1.70 per cent rate observed\na year ago.\n\n\"Between March and June, we typically see non-mortgage debt levels rising and\nmissed payments falling,\" said Rebecca Oakes, Vice President of Advanced\nAnalytics at Equifax Canada. \"This year has followed a similar pattern as\nconsumers remain cautious, particularly around major purchases. And while\nrising delinquency levels have started to slow, pockets of growing stress are\nstill evident in some areas.\"\n\nMortgage Holders In Ontario Continue To Show Financial Strain\nWhile the Q2 data suggests an overall stable position for the credit health of\nCanadians, mortgage holders in Ontario continue to buck this trend. 90+ day\nmissed payments on mortgages in Ontario have risen every quarter for the last\n4 years, the wider impact being seen on other types of debt these individuals\nhold.\n\nNationally, non-mortgage debt for mortgage holders grew by 1.9% compared to\nthe previous quarter, reaching $304.6 billion in Q2. Their 90+ day\nnon-mortgage delinquency rate crept up to 0.77 per cent, an increase of 0.4\nper cent compared to Q1 and 12.5 per cent rise year-on-year.\n\nIn Ontario, the 90+ day non-mortgage delinquency rate rose 2.2 per cent\ncompared to Q1, and a huge 27 per cent vs 2025, reaching 0.86 per cent.\nExcluding Ontario, the national level rose just 2.1 per cent year on year,\nhighlighting the divergence for Ontario.\n\n\"The data clearly shows that the persistent pressure of higher interest rates\nand mortgage renewal shocks have impacted many homeowners for several years,\"\nOakes noted. \"Ontario continues to stand out though, with some mortgage\nholders struggling to keep up with other credit obligations.\"\n\nFor those without a mortgage, the outlook was more favourable, their 90+ day\nnon-mortgage delinquency rate improved by 2.3 per cent (at 2.5 per cent)\ncompared to Q1 2026, remaining nearly unchanged year-over-year. However, the\noutlook was not as good in Ontario with the 90+ day non-mortgage delinquency\nrates rising 3.0 per cent compared to 12 months ago.\n\nFirst-Time Homebuyers Increasingly Rely on Co-Borrowers\nJoint mortgages among first-time homebuyers rose from 57.6 per cent in 2016 to\n70.9 per cent through Q2 2026. Among first-time homebuyers under 35, Ontario\nand British Columbia had roughly twice the proportion of joint mortgages\ninvolving borrowers 20 or more years apart than the rest of Canada, pointing\nto greater reliance on parental or family support. “For many younger\nCanadians, buying a first home seems to increasingly mean doing it with\nsomeone else,” said Oakes. “Family support appears to play a larger role\nin higher-cost markets.”\n\nCredit Card Balances Rise\nAfter a slow start to the year in consumer card usage, credit card balances\ngrew in the second quarter, supported by a seasonal rise in consumer spending.\nWhen adjusted for inflation, the average credit card spend per consumer\nclimbed steadily throughout the quarter, reaching $2,192 and sitting 1.4 per\ncent higher than 12 months ago.\n\nConsequently, national credit card debt swelled to $134.2 billion, up from\n$130.6 billion in Q1 2026. The 90+ day delinquency rate for national credit\ncards improved slightly to 4.19 per cent, down from 4.28 per cent in the\nprevious quarter, but remained higher than 2025, showing a 6.8 per cent annual\nincrease.\n\nPayment behaviour on credit cards remained flat with 65 per cent of consumers\npaying their credit card balance in full each month. Minimum payment levels\nwere stable at 4 per cent. A recent Equifax Canada Consumer Survey\n(https://www.globenewswire.com/Tracker?data=eN3PcZ1X49eFDkO83W_eS9HOtLxW30SF3zKnUCvIUzqzbtI96xZN29xKEmmQNuPItDbipoEmHaF7KdZgF90fiq7EB7NqcoF5unB4IIe1HgUl6W8GjwDx4qiMRSaR1YU4BeZOHE_7aiUxTLPIWwRmlJNwkq2xMukjfEDzUXuuYsGcgA-ijtDr6FfGf05M2uzEQN5vGdE0okCp8qQ8ZzAisxLrpDYUqrmVR8NRp_9Hk5OTINMTLhec2pcmg2uaqGTO0UnHM1llCVU-ZPMOB4gbK4tmhtVDocQUaIhg-o9xyu8=)found\nthat consumers surveyed were concerned about making their payments with 25 per\ncent of respondents noting that they expect to make only minimum payments in\ncoming months, while another 7 per cent believe they are likely to fall\nbehind.\n\n\"When we compare our recent survey to the data we are seeing today, it\nhighlights that although the numbers are currently stable, consumers may be\nworried about maintaining this position,\" explained Oakes. \"There seems to be\na significant amount of uncertainty in the current environment and we need to\nbe aware of the impact that any additional economic pressures could have on\nthis particular consumer group.\"\n\nConsumers Remain Cautious About New Vehicle Purchases\nThe automotive sector regained some seasonal momentum in Q2 2026. Auto loan\nbalances (captives and auto bank loans) grew to $179.1 billion, representing a\n2.2 per cent increase from Q1 2026 and a 4.9 per cent rise year-over-year.\nHowever, this increase was below expected levels for this time of year. The\nnumber of new auto loans opened in the second quarter was 9.2 per cent lower\nthan Q2 2025, a similar trend to what we saw in Q1. Average new loan amounts\nwere much higher compared to 12 months ago, on average rising from $34,713 to\n$36,979. The higher loan amounts contributed to the rising overall balance.\n\n\"Even with financing incentives and lower used vehicle prices, many consumers\nappear to be holding off on big purchases like new vehicles and waiting to see\nwhat the economy will bring. Economic conditions and employment uncertainty\ncontinue to influence household decisions,” added Oakes.\n\nEncouragingly, the overall 90+ day delinquency rate for auto loans improved to\n1.10 per cent, down from 1.11 per cent in the previous quarter. This\nimprovement was driven primarily by the used vehicle market, whereas new auto\nloans experienced a slight uptick in severe delinquency rates.\n\nEquifax Canada(®) Market Pulse Quarterly Consumer Credit Trends and Insights\nleverages market-leading data and analytics to deliver critical insights for\nCanada’s financial ecosystem to help consumers live their financial best.\n\nAge Group Analysis – Debt & Overall Balance Delinquency Rates (excluding\nmortgages)\n\n         Average Debt (Q2 2026)      Average Debt Change Year-over-Year (Q2 2026 vs. Q2 2025)  90+ Day Delinquency Rate ($) (Q2 2026)  Delinquency Rate ($) Change Year-over-Year (Q2 2026 vs. Q2 2025)  90+ Day Delinquency Rate (#) (Q2 2026)  Delinquency Rate (#) Change Year-over-Year (Q2 2026 vs. Q2 2025)  \n 18-25   $8,746                      3.42%                                                     2.15%                                   -5.59%                                                            2.50%                                   -2.31%                                                            \n 26-35   $17,632                     0.74%                                                     2.59%                                   4.40%                                                             2.62%                                   6.14%                                                             \n 36-45   $27,509                     1.57%                                                     2.12%                                   2.98%                                                             2.29%                                   4.80%                                                             \n 46-55   $35,379                     1.84%                                                     1.63%                                   6.46%                                                             1.88%                                   5.37%                                                             \n 56-65   $30,718                     4.69%                                                     1.27%                                   4.17%                                                             1.31%                                   7.26%                                                             \n 65+     $15,567                     4.17%                                                     1.15%                                   -0.79%                                                            0.82%                                   3.55%                                                             \n Canada  $22,699                     2.59%                                                     1.76%                                   3.09%                                                             1.83%                                   4.67%                                                             \n\nMajor City Analysis – Debt & Overall Balance Delinquency Rates (excluding\nmortgages)\n\n City           Average Debt (Q2 2026)      Average Debt Change Year-over-Year (Q2 2026 vs. Q2 2025)  90+ Day Delinquency Rate ($) (Q2 2026)  Delinquency Rate ($) Change Year-over-Year (Q2 2026 vs. Q2 2025)  90+ Day Delinquency Rate (#) (Q2 2026)  Delinquency Rate (#) Change Year-over-Year (Q2 2026 vs. Q2 2025)  \n Calgary        $24,955                     2.46%                                                     2.20%                                   2.29%                                                             1.91%                                   3.25%                                                             \n Edmonton       $24,189                     1.32%                                                     2.69%                                   -2.81%                                                            2.33%                                   -0.95%                                                            \n Halifax        $22,101                     2.84%                                                     1.54%                                   -0.82%                                                            1.82%                                   4.50%                                                             \n Montreal       $17,724                     3.00%                                                     1.59%                                   2.58%                                                             1.80%                                   4.92%                                                             \n Ottawa         $20,000                     1.39%                                                     1.62%                                   7.48%                                                             1.57%                                   9.68%                                                             \n Toronto        $21,866                     2.59%                                                     2.34%                                   5.12%                                                             2.29%                                   5.58%                                                             \n Vancouver      $24,507                     3.85%                                                     1.47%                                   4.28%                                                             1.65%                                   6.60%                                                             \n St. John's     $24,612                     1.27%                                                     1.43%                                   -5.91%                                                            1.82%                                   0.30%                                                             \n Fort McMurray  $38,074                     0.96%                                                     2.51%                                   -15.34%                                                           2.79%                                   -8.94%                                                            \n\nProvince Analysis - Debt & Overall Balance Delinquency Rates (excluding\nmortgages)\n\n Province          Average Debt (Q2 2026)      Average Debt Change Year-over-Year (Q2 2026 vs. Q2 2025)  90+ Day Delinquency Rate ($) (Q2 2026)  Delinquency Rate ($) Change Year-over-Year (Q2 2026 vs. Q2 2025)  90+ Day Delinquency Rate (#) (Q2 2026)  Delinquency Rate (#) Change Year-over-Year (Q2 2026 vs. Q2 2025)  \n Ontario           $23,289                     2.29%                                                     1.91%                                   7.89%                                                             1.95%                                   8.05%                                                             \n Quebec            $19,923                     3.32%                                                     1.13%                                   -1.04%                                                            1.41%                                   1.28%                                                             \n Nova Scotia       $22,236                     3.23%                                                     1.65%                                   -1.70%                                                            1.99%                                   3.80%                                                             \n New Brunswick     $23,509                     7.56%                                                     1.62%                                   -9.47%                                                            2.03%                                   -2.37%                                                            \n PEI               $24,827                     2.89%                                                     1.29%                                   2.96%                                                             1.78%                                   0.62%                                                             \n Newfoundland      $25,436                     1.38%                                                     1.52%                                   -5.65%                                                            1.95%                                   1.71%                                                             \n Eastern Region    $ 23,459                    4.14 %                                                    1.59 %                                  -4.85%                                                            1.98 %                                  1.15 %                                                            \n Alberta           $25,082                     1.31%                                                     2.45%                                   -0.63%                                                            2.15%                                   0.06%                                                             \n Manitoba          $18,887                     1.90%                                                     1.77%                                   -0.87%                                                            1.87%                                   4.40%                                                             \n Saskatchewan      $23,764                     1.22%                                                     1.72%                                   -4.85%                                                            1.89%                                   -0.45%                                                            \n British Columbia  $23,558                     2.86%                                                     1.57%                                   3.27%                                                             1.72%                                   5.43%                                                             \n Western Region    $ 23,670                    2.05 %                                                    1.94 %                                  0.35 %                                                            1.91 %                                  2.52 %                                                            \n Canada            $22,699                     2.59%                                                     1.76%                                   3.09%                                                             1.83%                                   4.67%                                                             \n\n* Based on Equifax data for Q2 2026\n\nAbout Equifax\nAt Equifax, we believe knowledge drives progress. As a global data, analytics,\nand technology company, we play an essential role in the global economy by\nhelping financial institutions, companies, employers, and government agencies\nmake critical decisions with greater confidence. Our unique blend of\ndifferentiated data, analytics, and cloud technology drives insights to power\ndecisions to move people forward. Headquartered in Atlanta and supported by\nnearly 15,000 employees worldwide, Equifax operates or has investments in 24\ncountries in North America, Central and South America, Europe, and the Asia\nPacific region. For more information, visit Equifax.ca\n(https://www.globenewswire.com/Tracker?data=eN3PcZ1X49eFDkO83W_eS9KXtD-gNl-YnegI7Jd4QSbBT-dhYU2s9Kp29Erc3eO7aNaui8Qa9TTNCvcus_wh7ATaPkV-KHjmb4egaFCnnkE=).\n\nContact:\nAndrew Findlater\nSELECT Public Relations\nafindlater@selectpr.ca\n(647) 444-1197\n\nAngie Andich\nEquifax Canada Media Relations\nMediaRelationsCanada@equifax.com\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/a380b7c0-916c-4f20-86be-6410960fcb18)\n\n\n\nGlobeNewswire, Inc. 2026","article_body_html":"","raw_payload":{"data":{"id":"nGNX5w5LM","title":"Non-Mortgage Delinquency Growth Slows in Second Quarter, but Ontario Homeowners Remain Under Pressure","author":"Globe Newswire","ticker":"EFX","created":"2026-08-24T09:45:00.176Z","tickers":["EFX"],"exchange":"NYSE","article_body":"TORONTO, Aug. 24, 2026 (GLOBE NEWSWIRE) -- Equifax(® )Canada’s Q2 2026\nMarket Pulse Quarterly Consumer Credit Trends and Insights reveals that total\nCanadian consumer debt rose to $2.68 trillion, a 4.18 per cent increase\ncompared to Q2 2025 and a 1.3 per cent rise from the previous quarter.\n\nFollowing a drop in non-mortgage debt in Q1 2026, balances saw a seasonal\nrebound in the second quarter. Non-mortgage debt reached $712.2 billion in Q2,\nmarking a 4.8 per cent jump year-over-year and a 2.09 per cent increase from\nQ1 2026. National 90+ day non-mortgage balance delinquency rates saw a\nseasonal improvement, dipping to 1.76 per cent in Q2 2026 from 1.79 per cent\nin Q1, though it remained elevated compared to the 1.70 per cent rate observed\na year ago.\n\n\"Between March and June, we typically see non-mortgage debt levels rising and\nmissed payments falling,\" said Rebecca Oakes, Vice President of Advanced\nAnalytics at Equifax Canada. \"This year has followed a similar pattern as\nconsumers remain cautious, particularly around major purchases. And while\nrising delinquency levels have started to slow, pockets of growing stress are\nstill evident in some areas.\"\n\nMortgage Holders In Ontario Continue To Show Financial Strain\nWhile the Q2 data suggests an overall stable position for the credit health of\nCanadians, mortgage holders in Ontario continue to buck this trend. 90+ day\nmissed payments on mortgages in Ontario have risen every quarter for the last\n4 years, the wider impact being seen on other types of debt these individuals\nhold.\n\nNationally, non-mortgage debt for mortgage holders grew by 1.9% compared to\nthe previous quarter, reaching $304.6 billion in Q2. Their 90+ day\nnon-mortgage delinquency rate crept up to 0.77 per cent, an increase of 0.4\nper cent compared to Q1 and 12.5 per cent rise year-on-year.\n\nIn Ontario, the 90+ day non-mortgage delinquency rate rose 2.2 per cent\ncompared to Q1, and a huge 27 per cent vs 2025, reaching 0.86 per cent.\nExcluding Ontario, the national level rose just 2.1 per cent year on year,\nhighlighting the divergence for Ontario.\n\n\"The data clearly shows that the persistent pressure of higher interest rates\nand mortgage renewal shocks have impacted many homeowners for several years,\"\nOakes noted. \"Ontario continues to stand out though, with some mortgage\nholders struggling to keep up with other credit obligations.\"\n\nFor those without a mortgage, the outlook was more favourable, their 90+ day\nnon-mortgage delinquency rate improved by 2.3 per cent (at 2.5 per cent)\ncompared to Q1 2026, remaining nearly unchanged year-over-year. However, the\noutlook was not as good in Ontario with the 90+ day non-mortgage delinquency\nrates rising 3.0 per cent compared to 12 months ago.\n\nFirst-Time Homebuyers Increasingly Rely on Co-Borrowers\nJoint mortgages among first-time homebuyers rose from 57.6 per cent in 2016 to\n70.9 per cent through Q2 2026. Among first-time homebuyers under 35, Ontario\nand British Columbia had roughly twice the proportion of joint mortgages\ninvolving borrowers 20 or more years apart than the rest of Canada, pointing\nto greater reliance on parental or family support. “For many younger\nCanadians, buying a first home seems to increasingly mean doing it with\nsomeone else,” said Oakes. “Family support appears to play a larger role\nin higher-cost markets.”\n\nCredit Card Balances Rise\nAfter a slow start to the year in consumer card usage, credit card balances\ngrew in the second quarter, supported by a seasonal rise in consumer spending.\nWhen adjusted for inflation, the average credit card spend per consumer\nclimbed steadily throughout the quarter, reaching $2,192 and sitting 1.4 per\ncent higher than 12 months ago.\n\nConsequently, national credit card debt swelled to $134.2 billion, up from\n$130.6 billion in Q1 2026. The 90+ day delinquency rate for national credit\ncards improved slightly to 4.19 per cent, down from 4.28 per cent in the\nprevious quarter, but remained higher than 2025, showing a 6.8 per cent annual\nincrease.\n\nPayment behaviour on credit cards remained flat with 65 per cent of consumers\npaying their credit card balance in full each month. Minimum payment levels\nwere stable at 4 per cent. A recent Equifax Canada Consumer Survey\n(https://www.globenewswire.com/Tracker?data=eN3PcZ1X49eFDkO83W_eS9HOtLxW30SF3zKnUCvIUzqzbtI96xZN29xKEmmQNuPItDbipoEmHaF7KdZgF90fiq7EB7NqcoF5unB4IIe1HgUl6W8GjwDx4qiMRSaR1YU4BeZOHE_7aiUxTLPIWwRmlJNwkq2xMukjfEDzUXuuYsGcgA-ijtDr6FfGf05M2uzEQN5vGdE0okCp8qQ8ZzAisxLrpDYUqrmVR8NRp_9Hk5OTINMTLhec2pcmg2uaqGTO0UnHM1llCVU-ZPMOB4gbK4tmhtVDocQUaIhg-o9xyu8=)found\nthat consumers surveyed were concerned about making their payments with 25 per\ncent of respondents noting that they expect to make only minimum payments in\ncoming months, while another 7 per cent believe they are likely to fall\nbehind.\n\n\"When we compare our recent survey to the data we are seeing today, it\nhighlights that although the numbers are currently stable, consumers may be\nworried about maintaining this position,\" explained Oakes. \"There seems to be\na significant amount of uncertainty in the current environment and we need to\nbe aware of the impact that any additional economic pressures could have on\nthis particular consumer group.\"\n\nConsumers Remain Cautious About New Vehicle Purchases\nThe automotive sector regained some seasonal momentum in Q2 2026. Auto loan\nbalances (captives and auto bank loans) grew to $179.1 billion, representing a\n2.2 per cent increase from Q1 2026 and a 4.9 per cent rise year-over-year.\nHowever, this increase was below expected levels for this time of year. The\nnumber of new auto loans opened in the second quarter was 9.2 per cent lower\nthan Q2 2025, a similar trend to what we saw in Q1. Average new loan amounts\nwere much higher compared to 12 months ago, on average rising from $34,713 to\n$36,979. The higher loan amounts contributed to the rising overall balance.\n\n\"Even with financing incentives and lower used vehicle prices, many consumers\nappear to be holding off on big purchases like new vehicles and waiting to see\nwhat the economy will bring. Economic conditions and employment uncertainty\ncontinue to influence household decisions,” added Oakes.\n\nEncouragingly, the overall 90+ day delinquency rate for auto loans improved to\n1.10 per cent, down from 1.11 per cent in the previous quarter. This\nimprovement was driven primarily by the used vehicle market, whereas new auto\nloans experienced a slight uptick in severe delinquency rates.\n\nEquifax Canada(®) Market Pulse Quarterly Consumer Credit Trends and Insights\nleverages market-leading data and analytics to deliver critical insights for\nCanada’s financial ecosystem to help consumers live their financial best.\n\nAge Group Analysis – Debt & Overall Balance Delinquency Rates (excluding\nmortgages)\n\n         Average Debt (Q2 2026)      Average Debt Change Year-over-Year (Q2 2026 vs. Q2 2025)  90+ Day Delinquency Rate ($) (Q2 2026)  Delinquency Rate ($) Change Year-over-Year (Q2 2026 vs. Q2 2025)  90+ Day Delinquency Rate (#) (Q2 2026)  Delinquency Rate (#) Change Year-over-Year (Q2 2026 vs. Q2 2025)  \n 18-25   $8,746                      3.42%                                                     2.15%                                   -5.59%                                                            2.50%                                   -2.31%                                                            \n 26-35   $17,632                     0.74%                                                     2.59%                                   4.40%                                                             2.62%                                   6.14%                                                             \n 36-45   $27,509                     1.57%                                                     2.12%                                   2.98%                                                             2.29%                                   4.80%                                                             \n 46-55   $35,379                     1.84%                                                     1.63%                                   6.46%                                                             1.88%                                   5.37%                                                             \n 56-65   $30,718                     4.69%                                                     1.27%                                   4.17%                                                             1.31%                                   7.26%                                                             \n 65+     $15,567                     4.17%                                                     1.15%                                   -0.79%                                                            0.82%                                   3.55%                                                             \n Canada  $22,699                     2.59%                                                     1.76%                                   3.09%                                                             1.83%                                   4.67%                                                             \n\nMajor City Analysis – Debt & Overall Balance Delinquency Rates (excluding\nmortgages)\n\n City           Average Debt (Q2 2026)      Average Debt Change Year-over-Year (Q2 2026 vs. Q2 2025)  90+ Day Delinquency Rate ($) (Q2 2026)  Delinquency Rate ($) Change Year-over-Year (Q2 2026 vs. Q2 2025)  90+ Day Delinquency Rate (#) (Q2 2026)  Delinquency Rate (#) Change Year-over-Year (Q2 2026 vs. Q2 2025)  \n Calgary        $24,955                     2.46%                                                     2.20%                                   2.29%                                                             1.91%                                   3.25%                                                             \n Edmonton       $24,189                     1.32%                                                     2.69%                                   -2.81%                                                            2.33%                                   -0.95%                                                            \n Halifax        $22,101                     2.84%                                                     1.54%                                   -0.82%                                                            1.82%                                   4.50%                                                             \n Montreal       $17,724                     3.00%                                                     1.59%                                   2.58%                                                             1.80%                                   4.92%                                                             \n Ottawa         $20,000                     1.39%                                                     1.62%                                   7.48%                                                             1.57%                                   9.68%                                                             \n Toronto        $21,866                     2.59%                                                     2.34%                                   5.12%                                                             2.29%                                   5.58%                                                             \n Vancouver      $24,507                     3.85%                                                     1.47%                                   4.28%                                                             1.65%                                   6.60%                                                             \n St. John's     $24,612                     1.27%                                                     1.43%                                   -5.91%                                                            1.82%                                   0.30%                                                             \n Fort McMurray  $38,074                     0.96%                                                     2.51%                                   -15.34%                                                           2.79%                                   -8.94%                                                            \n\nProvince Analysis - Debt & Overall Balance Delinquency Rates (excluding\nmortgages)\n\n Province          Average Debt (Q2 2026)      Average Debt Change Year-over-Year (Q2 2026 vs. Q2 2025)  90+ Day Delinquency Rate ($) (Q2 2026)  Delinquency Rate ($) Change Year-over-Year (Q2 2026 vs. Q2 2025)  90+ Day Delinquency Rate (#) (Q2 2026)  Delinquency Rate (#) Change Year-over-Year (Q2 2026 vs. Q2 2025)  \n Ontario           $23,289                     2.29%                                                     1.91%                                   7.89%                                                             1.95%                                   8.05%                                                             \n Quebec            $19,923                     3.32%                                                     1.13%                                   -1.04%                                                            1.41%                                   1.28%                                                             \n Nova Scotia       $22,236                     3.23%                                                     1.65%                                   -1.70%                                                            1.99%                                   3.80%                                                             \n New Brunswick     $23,509                     7.56%                                                     1.62%                                   -9.47%                                                            2.03%                                   -2.37%                                                            \n PEI               $24,827                     2.89%                                                     1.29%                                   2.96%                                                             1.78%                                   0.62%                                                             \n Newfoundland      $25,436                     1.38%                                                     1.52%                                   -5.65%                                                            1.95%                                   1.71%                                                             \n Eastern Region    $ 23,459                    4.14 %                                                    1.59 %                                  -4.85%                                                            1.98 %                                  1.15 %                                                            \n Alberta           $25,082                     1.31%                                                     2.45%                                   -0.63%                                                            2.15%                                   0.06%                                                             \n Manitoba          $18,887                     1.90%                                                     1.77%                                   -0.87%                                                            1.87%                                   4.40%                                                             \n Saskatchewan      $23,764                     1.22%                                                     1.72%                                   -4.85%                                                            1.89%                                   -0.45%                                                            \n British Columbia  $23,558                     2.86%                                                     1.57%                                   3.27%                                                             1.72%                                   5.43%                                                             \n Western Region    $ 23,670                    2.05 %                                                    1.94 %                                  0.35 %                                                            1.91 %                                  2.52 %                                                            \n Canada            $22,699                     2.59%                                                     1.76%                                   3.09%                                                             1.83%                                   4.67%                                                             \n\n* Based on Equifax data for Q2 2026\n\nAbout Equifax\nAt Equifax, we believe knowledge drives progress. As a global data, analytics,\nand technology company, we play an essential role in the global economy by\nhelping financial institutions, companies, employers, and government agencies\nmake critical decisions with greater confidence. Our unique blend of\ndifferentiated data, analytics, and cloud technology drives insights to power\ndecisions to move people forward. Headquartered in Atlanta and supported by\nnearly 15,000 employees worldwide, Equifax operates or has investments in 24\ncountries in North America, Central and South America, Europe, and the Asia\nPacific region. For more information, visit Equifax.ca\n(https://www.globenewswire.com/Tracker?data=eN3PcZ1X49eFDkO83W_eS9KXtD-gNl-YnegI7Jd4QSbBT-dhYU2s9Kp29Erc3eO7aNaui8Qa9TTNCvcus_wh7ATaPkV-KHjmb4egaFCnnkE=).\n\nContact:\nAndrew Findlater\nSELECT Public Relations\nafindlater@selectpr.ca\n(647) 444-1197\n\nAngie Andich\nEquifax Canada Media Relations\nMediaRelationsCanada@equifax.com\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/a380b7c0-916c-4f20-86be-6410960fcb18)\n\n\n\nGlobeNewswire, Inc. 2026"},"type":"article","timestamp":"2026-08-24T09:45:00.224734367Z","server_sent_at_ms":1787564700224},"received_at":"2026-08-24T09:45:00.376Z","source_url":null},"analysis":{"id":"114576","press_release_id":"125629","analysis_json":{"industry":{"label":"IT Services","sector":"Information Technology"},"redFlags":[],"eventType":"operations_update","narrative":"Equifax Canada reported total Canadian consumer debt rose to $2.68 trillion in Q2 2026, up 4.18% year-over-year, with non-mortgage debt increasing 4.8% to $712.2 billion.\n\nWhile national 90+ day non-mortgage delinquency rates dipped slightly to 1.76%, mortgage holders in Ontario showed significant stress with delinquency rates jumping 27% compared to the previous year.\n\nCredit card balances grew to $134.2 billion and auto loan balances reached $179.1 billion, though new auto loan originations fell 9.2% year-over-year as consumers remained cautious.","sentiment":"neutral","agentHooks":{"shouldPost":false,"suggestedAngle":"Equifax Canada data shows rising debt and distinct stress in Ontario mortgage market, but release is routine macro commentary."},"keyFigures":{"customDimensions":{"credit_card_debt":"$134.2 billion","non_mortgage_debt":"$712.2 billion","auto_loan_balances":"$179.1 billion","total_consumer_debt":"$2.68 trillion","avg_credit_card_spend":"$2,192","avg_new_auto_loan_amount":"$36,979","consumer_debt_yoy_change":"4.18%","new_auto_loans_yoy_change":"-9.2%","auto_loan_delinquency_rate":"1.10%","credit_card_delinquency_rate":"4.19%","non_mortgage_debt_yoy_change":"4.8%","auto_loan_balances_yoy_change":"4.9%","mortgage_holder_non_mortgage_debt":"$304.6 billion","national_non_mortgage_delinquency_rate":"1.76%","ontario_mortgage_holder_delinquency_yoy_change":"27%"}},"quotedText":"Ontario continues to stand out though, with some mortgage holders struggling to keep up with other credit obligations.","namedEntities":{"people":[{"name":"Rebecca Oakes","role":"Vice President of Advanced Analytics at Equifax Canada"}],"products":["Market Pulse Quarterly Consumer Credit Trends and Insights"],"companies":[{"name":"Equifax Canada"},{"name":"Equifax"}],"dollarAmounts":[{"amount":"$2.68 trillion","context":"total Canadian consumer debt"},{"amount":"$712.2 billion","context":"non-mortgage debt in Q2"},{"amount":"$304.6 billion","context":"national non-mortgage debt for mortgage holders"},{"amount":"$2,192","context":"average inflation-adjusted credit card spend per consumer"},{"amount":"$134.2 billion","context":"national credit card debt"},{"amount":"$130.6 billion","context":"national credit card debt in Q1 2026"},{"amount":"$179.1 billion","context":"auto loan balances"},{"amount":"$34,713","context":"average new auto loan amount 12 months ago"},{"amount":"$36,979","context":"average new auto loan amount in Q2 2026"}]},"materialImpact":{"score":1,"reasoning":"Routine publication of market insights data regarding Canadian consumer credit trends. Contains no company-specific financial guidance, earnings data, or strategic material events for Equifax Inc."},"tickerRelevance":{"others":[],"primary":"EFX"},"globalImportance":20,"audienceRelevance":25,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"large-cap","eventGravity":"routine-market-insights","sectorWeight":"data-analytics","geographicFocus":"Canada"}},"event_type":"operations_update","event_type_secondary":null,"sentiment":"neutral","material_impact_score":1,"narrative":"Equifax Canada reported total Canadian consumer debt rose to $2.68 trillion in Q2 2026, up 4.18% year-over-year, with non-mortgage debt increasing 4.8% to $712.2 billion.\n\nWhile national 90+ day non-mortgage delinquency rates dipped slightly to 1.76%, mortgage holders in Ontario showed significant stress with delinquency rates jumping 27% compared to the previous year.\n\nCredit card balances grew to $134.2 billion and auto loan balances reached $179.1 billion, though new auto loan originations fell 9.2% year-over-year as consumers remained cautious.","key_figures":{"customDimensions":{"credit_card_debt":"$134.2 billion","non_mortgage_debt":"$712.2 billion","auto_loan_balances":"$179.1 billion","total_consumer_debt":"$2.68 trillion","avg_credit_card_spend":"$2,192","avg_new_auto_loan_amount":"$36,979","consumer_debt_yoy_change":"4.18%","new_auto_loans_yoy_change":"-9.2%","auto_loan_delinquency_rate":"1.10%","credit_card_delinquency_rate":"4.19%","non_mortgage_debt_yoy_change":"4.8%","auto_loan_balances_yoy_change":"4.9%","mortgage_holder_non_mortgage_debt":"$304.6 billion","national_non_mortgage_delinquency_rate":"1.76%","ontario_mortgage_holder_delinquency_yoy_change":"27%"}},"named_entities":{"people":[{"name":"Rebecca Oakes","role":"Vice President of Advanced Analytics at Equifax Canada"}],"products":["Market Pulse Quarterly Consumer Credit Trends and Insights"],"companies":[{"name":"Equifax Canada"},{"name":"Equifax"}],"dollarAmounts":[{"amount":"$2.68 trillion","context":"total Canadian consumer debt"},{"amount":"$712.2 billion","context":"non-mortgage debt in Q2"},{"amount":"$304.6 billion","context":"national non-mortgage debt for mortgage holders"},{"amount":"$2,192","context":"average inflation-adjusted credit card spend per consumer"},{"amount":"$134.2 billion","context":"national credit card debt"},{"amount":"$130.6 billion","context":"national credit card debt in Q1 2026"},{"amount":"$179.1 billion","context":"auto loan balances"},{"amount":"$34,713","context":"average new auto loan amount 12 months ago"},{"amount":"$36,979","context":"average new auto loan amount in Q2 2026"}]},"model_name":"glm-4.7","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-08-24T09:47:35.236Z","global_importance":20,"audience_relevance":25,"importance_components":{"tickerTier":"large-cap","eventGravity":"routine-market-insights","sectorWeight":"data-analytics","geographicFocus":"Canada"}},"durationMs":154850,"modelName":"glm-4.7"}}