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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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Putin’s Peace Posturing Questioned After Stalled U.S. Talks


Russian President Vladimir Putin has come under renewed scrutiny following high-level discussions with U.S. officials that ended without progress toward resolving ongoing geopolitical tensions.

Diplomatic sources reported that while Putin outwardly expressed interest in peace initiatives, his actions during the talks suggested little genuine commitment to compromise. Analysts argue that the Russian leader’s approach appeared more focused on projecting an image of openness rather than engaging in substantive negotiations.

The U.S. delegation emphasized the need for concrete steps to de-escalate hostilities, but no agreements were reached. Observers note that the lack of tangible outcomes underscores the widening gap between Moscow’s rhetoric and its willingness to pursue meaningful peace efforts.

International reactions have been mixed, with some leaders calling for renewed dialogue while others warn that continued stalemates risk deepening instability.

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