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Reading: Canadian Household Debt Reaches $2.6 Trillion in 2025, Credit Reporting Agency Says
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canadian-household-debt-reaches-$2.6-trillion-in-2025,-credit-reporting-agency-says
Canadian Household Debt Reaches $2.6 Trillion in 2025, Credit Reporting Agency Says

Canadian Household Debt Reaches $2.6 Trillion in 2025, Credit Reporting Agency Says

Last updated: February 28, 2026 11:47 pm
By Isaac Teo
1 Min Read
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Canadian Household Debt Reaches $2.6 Trillion in 2025, Credit Reporting Agency Says

Credit cards are displayed in Montreal, on Dec. 12, 2012. The Canadian Press/Ryan Remiorz

Canadians’ household debt, ranging from credit cards to auto loans, reached a new high in the final quarter of 2025, according to a report from a consumer credit reporting agency.

Total household debt in Canada climbed to $2.6 trillion at the end of 2025, a 4.3 percent or $107.2 billion increase over 2024, said the report released by TransUnion Canada, after summing up outstanding balances across all credit products.

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