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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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Celebrating Women's Day: Honoring Achievements and Promoting Equality


International Women’s Day, celebrated annually on March 8th, is a global occasion to recognize the achievements of women throughout history while also advocating for gender equality. It is a day to reflect on the progress made, celebrate courage and determination, and highlight areas where further action is needed to create an equitable society for all.

The roots of Women’s Day trace back to the early 20th century, stemming from labor movements and women’s suffrage campaigns. Since then, it has grown into a worldwide movement. The day serves as a reminder of the importance of empowering women in all sectors, including education, politics, business, science, and the arts.

Each year, International Women’s Day has a theme that guides the discourse and activities. Themes often focus on breaking biases, celebrating diversity, and fostering an inclusive environment. From grassroots movements to major global initiatives, the day inspires communities and individuals alike to champion women’s rights and opportunities.

While progress has been made in areas like education and employment, challenges persist, such as pay gaps, underrepresentation in leadership roles, and issues surrounding violence and discrimination. Women’s Day encourages collective efforts to address these inequalities and create a brighter future.

Let us use this day not only to celebrate but also to commit to action—ensuring that gender parity becomes a reality. Together, we can honor the achievements of women past and present while paving the way for generations to come.



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