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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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Kremlin Echoes Trump in Claim That Zelenskiy Blocked Early Peace Deal

Russia controls about a fifth of Ukraine, including the Crimean Peninsula, which it annexed in 2014.

The Kremlin has publicly backed Donald Trump’s assertion that Ukrainian President Volodymyr Zelenskiy prevented an early peace agreement in the war with Russia. The statement aligns Moscow with Trump’s recent comments suggesting that Russia was prepared to negotiate but that Kyiv was unwilling to move forward.

Kremlin spokesperson Dmitry Peskov amplified Trump’s remarks, arguing that Ukraine had repeatedly rejected opportunities for talks. The claim fits neatly into Russia’s long‑standing narrative that it is open to diplomacy while Ukraine and its Western allies are prolonging the conflict.

Ukraine has consistently countered that Russia’s actions — including continued attacks, occupation of Ukrainian territory, and demands that Kyiv considers unacceptable — make meaningful negotiations impossible. European leaders have similarly maintained that Russia has shown little genuine interest in ending the war on terms that respect Ukraine’s sovereignty.

The convergence between Trump’s comments and the Kremlin’s messaging adds a new layer of political complexity, particularly as the conflict continues to reshape global alliances and strategic calculations.


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