Business News: Canadians increasingly relying on credit cards

Business August 17, 2026 10:03 AM

According to one of Canada's major credit agencies, Equifax, middle and lower income Canadians have increasingly relied on credit cards, auto loans, and lines of credit to bridge the gap between stagnant wages and high living costs. Our financial analyst, Michael Campbell joins Global News Morning with more on this.

Business News: Canadians increasingly relying on credit cards

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