Canada's biggest banks have also lowered their prime lending rates for Canadians struggling due to Covid-19
Mortgage credit growth was down, but consumer credit surged
As debt grows, more women are filing for insolvency
OBSI finds seniors complain the most about mutual funds, disclosure issues
StatsCan finds debt-to-asset ratio a better indicator of distress than debt-to-income
Many indebted Canadians are thinking of taking on further leverage
A fifth of those surveyed are struggling to get by
The airline has also signed agreements with TD, CIBC and Visa that will see them stay on with the Aeroplan loyalty program until at least 2030
The group, which includes Air Canada, TD Bank, CIBC and Visa Canada, has agreed to pay $450 million in cash
The voluntary agreement will have a relatively larger effect on RBC