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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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“One Battle” and “Hamnet” Shine Bright at the Golden Globes

Noah Jupe, Nicolas Gonda, Maggie O'Farrell, Pippa Harris, Joe Alwyn, Chloe Zhao, Steven Spielberg, Max Richter, Liza Marshall, Jessie Buckley, Paul Mescal and Jacobi Jupe pose with the Best Motion Picture - Drama Award for "Hamnet"

The Golden Globes delivered a lively start to Hollywood’s awards season as One Battle and Hamnet emerged as the night’s standout winners. The ceremony, held at the Beverly Hilton, mixed expected victories with a few headline‑making surprises that reshaped early awards‑season momentum.

One Battle dominated the comedy categories, taking home Best Motion Picture – Musical or Comedy along with key wins for directing, writing, and supporting performance. Its sharp tone and confident storytelling helped it convert its strong nomination count into major trophies.

In the drama field, Hamnet pulled off the evening’s biggest upset by winning Best Motion Picture – Drama, surpassing several heavily favored contenders. The film also earned recognition for its lead performance, solidifying its place as a rising force in the awards race.

With both films now positioned as frontrunners, the Golden Globes have set the stage for an exciting and unpredictable path toward the Oscars.


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