Consumer debt reaches $2.54-trillion, auto payouts spiking

by Newsroom


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A report shows Canadians with auto loans faced challenges as car-loan debt for those borrowing outside of a bank jumped 12 per cent year-over-year. Cars sit on the lot at a dealership in Bowmanville, Ont. on Jan. 22, 2022.Doug Ives/The Canadian Press

Consumer debt and delinquency in Canada continued to rise in the third quarter of the year, despite lower interest rates easing pressure on some pockets of the…



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