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Canadian consumer debt increases to $2.6 trillion primarily on mortgages

Kuntal Khasnobish
Tuesday, November 25, 2025
Canadian consumer debt increases to $2.6 trillion primarily on mortgages

According to TransUnion Canada, total consumer debt increased to $2.6 trillion in the third quarter of 2025 driven primarily by an increase in mortgage balances.

Mortgage balances rose 4.1 per cent to $1.89 trillion year-over-year.


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