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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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New Barrier on the Plains: U.S. to Shut Down Historic Border Road

 

            A road sign alongside the United States border road near Coutts, Alta., Thursday, March 19, 2026. 

The United States is moving ahead with plans to close a long‑shared gravel road along the Alberta–Montana border, ending decades of easy cross‑border access for local residents. The 14‑kilometre stretch, known simply as Border Road, has been a symbol of neighbourly cooperation for generations, but will soon be off‑limits to Canadian drivers as U.S. officials cite concerns over illegal crossings and drug trafficking. 

A Road With History — and Deep Personal Ties

For families living on both sides of the border, the road has never been just a road. Residents Ross Ford of Alberta and Roger Horgus of Montana, friends since childhood and once profiled by National Geographic for their cross‑border camaraderie, say the closure marks the end of an era. Both recall freely biking, riding horses, and visiting each other without obstruction. 

U.S. Security Concerns Drive the Decision

U.S. border officials argue the move is necessary due to a reported rise in illegal activity, though locals say they’ve seen no such increase. Historically, patrol officers would wave neighbours through; now, the road will be physically divided, with each country maintaining its own parallel route. 

Alberta Plans a Replacement

To preserve local access, Alberta’s government has committed $8 million to build a new Canadian‑side road, with construction expected to begin in April and finish by summer. Officials emphasize that while the border line may harden, the relationships between families and farmers on both sides will endure. 


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