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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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Tense Hours on Parliament Hill: East Block Lockdown Ends Peacefully

A lockdown on Parliament Hill in Ottawa concluded late Saturday evening after a man barricaded himself inside the East Block building. Ottawa police confirmed that the situation ended without incident, and the individual was taken into custody.

The lockdown began in the afternoon when the man gained unauthorized access to the East Block, which houses parliamentary offices. Authorities evacuated the building and cordoned off a significant stretch of Wellington Street, extending the exclusion zone to Sparks Street as the situation unfolded. Specialized units, including bomb disposal robots, were deployed to ensure public safety.

Ottawa police described the circumstances as "suspicious" but did not disclose whether the man was armed or had made threats. No injuries were reported during the incident. The East Block, known for its historical significance, was quiet due to Parliament being dissolved for the ongoing federal election.

The investigation remains active, and further updates are expected as authorities piece together the details of the incident.

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