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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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Jesse Jackson: A Legacy of Courage and Conviction Ends at 84

Jesse Jackson led a lifetime of crusades in the United States and abroad, advocating for the poor and underrepresented on issues from voting rights and job opportunities to education and health care.

Reverend Jesse Jackson, one of the most influential figures of the American civil rights movement, has died at the age of 84. A protégé of Dr. Martin Luther King Jr., Jackson dedicated more than six decades to advancing racial equality, economic justice, and voting rights. His family confirmed that he passed away peacefully on Tuesday morning, surrounded by loved ones. 

Jackson’s activism began in the 1960s, where he emerged as a powerful voice for justice and later became a two-time Democratic presidential candidate, breaking barriers for future generations of Black political leaders. Over the years, he continued to champion human rights globally and remained a steadfast advocate despite significant health challenges, including a diagnosis of progressive supranuclear palsy. 

His passing marks the end of an era, but his impact endures through the countless lives he touched and the movements he helped shape.

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