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1 in 4 Canadians Can Only Afford the Minimum Payment on Their Credit Card

  Published August 24, 2026 · Canadian Money Brief A new survey from Equifax Canada puts a hard number on something a lot of us have felt creeping up all year: credit cards are doing more of the heavy lifting in Canadian budgets, and fewer people are paying them off. Of more than 1,500 Canadians surveyed, a quarter said they expect to make only the minimum monthly payment on their credit card, and another 7% think they'll fall behind entirely. That leaves just over half — 56% — who expect to pay their balance in full each month. The survey also found that 40% of respondents are spending more overall than they were a year ago, more than double the 18% who say they're spending less. Nearly 3 in 10 said they're leaning more heavily on credit cards to cover essentials like groceries and utilities, and close to a quarter are dipping into savings to keep up with everyday costs. More than a third have cut back on contributions to savings, investments, or education funds to make ro...
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Peaceful Protests in London Amid Heavy Police Presence

 

London witnessed significant demonstrations from both right-wing, anti-immigrant protesters and opposing anti-racism groups. The rallies, which were closely monitored by a substantial police presence, passed off peacefully without any major incidents.

The heightened police operation was aimed at preventing clashes between the rival groups, ensuring the safety of all participants. Authorities had prepared extensively to manage the large crowds and maintain order throughout the day.

Despite the contrasting messages of the two groups, the day concluded without any significant disturbances, showcasing the effectiveness of the police strategy and the commitment of the demonstrators to peaceful protest.


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