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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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Futures Stall as Wall Street Catches Its Breath After Dow’s Record Run



US stock futures were mostly unchanged on Tuesday as markets paused following the Dow Jones Industrial Average’s powerful rally the day before. After notching a new record high, the Dow’s momentum eased, with futures slipping slightly in early trading. The S&P 500 and Nasdaq futures hovered near flat, signaling a quieter start as investors reassessed the week ahead.

Monday’s surge was driven largely by strength in energy and financial stocks, boosted by geopolitical developments that lifted oil prices and renewed interest in the sector. Tech shares, meanwhile, continued to draw attention as major chipmakers unveiled new AI‑focused hardware, helping stabilize sentiment in the Nasdaq.

With a series of economic reports expected later in the week, traders appear content to wait for fresh signals on the health of the US economy and the potential direction of interest rates. For now, the market’s tone suggests a moment of calm after a burst of enthusiasm.



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