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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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U.S. Captures Venezuela’s Maduro After Overnight Strikes, Trump Announces

                                       US President Donald Trump said Venezuela's Nicolas Maduro had been captured.

The United States launched a series of coordinated overnight strikes in Venezuela, resulting in the capture of President Nicolás Maduro, according to an announcement from U.S. President Donald Trump. The operation targeted military and strategic sites across Caracas, with residents reporting explosions and low‑flying aircraft during the assault.

Trump stated that Maduro and his wife were detained and removed from the country as part of a joint military and law‑enforcement mission. U.S. officials indicated that Maduro is expected to face long‑standing criminal charges in the United States.

Venezuelan authorities condemned the strikes as an attack on national sovereignty and called for public mobilization. The international community is closely watching the rapidly evolving situation as Venezuela confronts the sudden removal of its leader.


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