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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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Salmon Cakes



Made from fresh salmon and dill, these salmon cakes are as elegant as crab cakes but so much more affordable to ma

Ingredients:

  • 1 lb. fresh salmon, skin removed
  • 1/2 cup mayonnaise
  • 1 tablespoon fresh lemon juice
  • 1 tablespoon Dijon mustard
  • 1-1/2 teaspoons Old Bay seasoning
  • 1/2 teaspoon salt
  • 1/4 teaspoon black pepper
  • 1-1/4 cups panko breadcrumbs, divided
  • 2 scallions, finely sliced
  • 1 celery stalk, finely diced
  • 1 tablespoon fresh dill, chopped
  • 2 tablespoons vegetable oil

Instructions:

  1. Finely dice the salmon into 1/4-inch pieces (or smaller) and set aside.
  2. In a large bowl, whisk together the mayonnaise, lemon juice, mustard, Old Bay, salt, and pepper.
  3. Add the diced salmon, 1/4 cup of the panko, the scallions, the celery, and the dill. Gently mix until uniformly combined.
  4. Place the remaining 1 cup of panko in a shallow dish or pie plate.
  5. Using a 1/3-cup measure, scoop the salmon mixture and form into a compact cake about 1 inch high.
  6. Place the salmon cake into the reserved panko and gently coat it all over in crumbs.
  7. Repeat with the remaining mixture to form about 9 cakes.
  8. Heat the oil in a medium nonstick skillet over medium-high heat until shimmering.
  9. Place the salmon cakes in the skillet and cook without moving until golden brown, about 2 minutes.
  10. Carefully flip the cakes and cook until second side is golden brown, about 2 minutes more.
  11. Transfer cakes to a paper towel–lined plate to drain.
  12. Repeat with the remaining cakes (no need to change the oil).
  13. Serve the salmon cakes warm with tartar sauce.


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