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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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Holiday Turbulence: Flight Delays Hit Major Canadian Airports on Boxing Day

 

Passengers wait in a check-in line at Vancouver International Airport after a snowstorm crippled operations during the holidays in 2022. 


Travelers across Canada are facing a challenging Boxing Day as major airports report widespread delays and cancellations triggered by winter weather and heavy post‑holiday traffic. With thousands of passengers returning home or heading out for year‑end vacations, the timing couldn’t be more disruptive.

Toronto Pearson, the country’s busiest airport, is experiencing the most significant impact. A mix of snow, freezing drizzle, and strong winds has slowed de‑icing operations and reduced runway capacity. Long lines at security and check‑in counters are adding to the congestion, with some travelers reporting wait times stretching beyond an hour.

Ottawa, Montreal, and Vancouver airports are also dealing with delays, though to varying degrees. In Eastern Canada, Halifax is managing a combination of fog and residual holiday traffic, while airports in the Prairies are contending with frigid temperatures that complicate ground operations.

Airlines are urging passengers to check their flight status before leaving home and to arrive early, as staffing shortages and weather‑related slowdowns continue to ripple through the system. Many carriers are offering flexible rebooking options to help ease the strain.

Despite the frustrations, airport officials say crews are working around the clock to keep flights moving safely. For now, patience is becoming the most valuable travel accessory of the season.

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