Mortgage debt growth remains sluggish alongside weaker housing markets, StatsCan finds
Mortgage growth slowed but household credit card use is surging
Card metrics remain improved from last year, and ahead of pre-pandemic levels
Both mortgage and non-mortgage debt rose in April
For some households, rising interest rates and inflation may require a budget overhaul
Credit card debt rises for second straight month, outpacing mortgage growth
Credit card performance improves for third straight quarter in Q4
The rating agency sees conditions deteriorating as life, and spending habits, return to normal
Credit card performance continues to outpace pre-pandemic levels
The largest increases in consumer debt were in British Columbia and Ontario