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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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Washington Pressures Caracas as Legal Threats Mount Against Interim Leader

 

                                Venezuela's interim President Delcy Rodriguez speaks at Miraflores Palace, in Caracas


The United States has intensified its pressure on Venezuela by preparing a potential criminal indictment against interim president Delcy Rodríguez, signaling a sharp escalation in Washington’s strategy toward Caracas. According to multiple reports, U.S. federal prosecutors have assembled possible corruption and money‑laundering charges and have communicated to Rodríguez that she could face prosecution if she fails to align with U.S. demands following the removal of former president Nicolás Maduro. 

This move forms part of a broader effort by the U.S. administration to strengthen its leverage over Venezuela’s transitional government. Sources indicate that the draft indictment is one of several tools being readied to influence political developments in the country. 

Rodríguez, who assumed office after Maduro’s ouster, has been navigating a turbulent political landscape marked by international scrutiny and domestic reforms. Her recent actions—including signing an amnesty law aimed at freeing political prisoners—underscore the delicate balance she faces as both internal and external pressures intensify. 


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