4 d. ago Credit card fraud rising in Canada, application fraud falling: Equifax Canada report

A new report says the second quarter of the year brought a sharp rise in credit card fraud. Equifax Canada says the rate of credit card fraud jumped to 0.75 per cent in Q2 compared with 0.44 per cent a year earlier. That means out of every 10,000 credit cards, about 75 are fraudulent compared […]

Economics

4 d. ago Credit Card Fraud Escalates As Fraud Continues to Be a Concern for Canadians

– Identity fraud fuels sharp rise in credit card cases –– Equifax Canada Market Pulse Fraud Trends and Insights Report – TORONTO, Oct. 01, 2025 (GLOBE NEWSWIRE) — Equifax Canada’s Market Pulse Fraud Trends and Insights Report for the first half of 2025 reveals a sharp rise in credit card fraud, even as overall application […]

Economics

1 week ago $12B in food and drink exports could be shifted away from U.S.: Farm Credit Canada

Farm Credit Canada has identified $12 billion in food and beverage exports that could be shifted away from the U.S. market as cross-border trade comes under continued strain. The Crown corporation, which provides financing and other services to the agriculture industry, says U.S. tariffs have introduced uncertainty to a relationship that has historically been of […]

Economics

2 w. ago Automakers could be on the hook for billions under EV mandate if sales don’t ramp up

OTTAWA — Automakers are warning they could be on the hook for billions of dollars in credit purchases if Canada’s electric vehicle mandate is enforced as written, and sales don’t ramp up. Speaking to a Parliamentary committee on Thursday, the head of the Canadian organization representing Ford, General Motors and Stellantis said automakers already have […]

Other

2 w. ago Voici les meilleures cartes de crédit pour les voyages en 2025

Vous êtes un passionné de voyages qui recherche la meilleure carte de crédit au Canada tout en assurant confort, assurances et économies?

Culture

2 w. ago Western Forest Products Enters Into New US$30 Million Bilateral Letter of Credit Facility

VANCOUVER, British Columbia, Sept. 16, 2025 (GLOBE NEWSWIRE) — Western Forest Products Inc. (TSX: WEF) (“Western” or the “Company”) announced today an amendment of its $250 million syndicated credit facility to allow for a new US$30 million bilateral letter of credit facility (the “Bilateral Credit Facility”) with Royal Bank of Canada. The Bilateral Credit Facility […]

Economics

2 w. ago Trade dispute, consumer spending slowdown hurting small businesses: Equifax

A new report shows some small businesses across Canada are facing challenges as consumers cut back on spending and navigate a complicated trade landscape. Equifax Canada’s latest business credit trends report says more than 286,000 businesses missed at least one credit payment in the second quarter, up 5.6 per cent from a year ago. Jeff […]

Economics

2 w. ago Small Businesses Face Pressure as Delinquencies Remain Elevated and Uncertainty Continues in Trade Relations

– Credit stress rising in consumer-sensitive sectors and across key provinces – Equifax Canada Market Pulse — Q2 2025 Quarterly Business Credit Trends Report TORONTO, Sept. 16, 2025 (GLOBE NEWSWIRE) — Canadian small businesses faced continued financial pressures in the second quarter of 2025, driven by a complex mix of macroeconomic factors and uncertain trade […]

Economics

2 w. ago Canadian Credit Union Association Calls for Faster, Fairer Merger Reviews in New Report

OTTAWA, Sept. 15, 2025 (GLOBE NEWSWIRE) — In a financial landscape increasingly dominated by big banks, FinTech disruptors, and global tech giants, Canada’s credit unions are working hard to remain competitive and community-focused. Today, the Canadian Credit Union Association (CCUA), with the support of MLT Aikins LLP, released a landmark report, Stronger Together, Sooner, a […]

Economics

3 w. ago Canada's best premium travel credit cards: Is now a good time to sign up?

Many come with perks and benefits that can enhance travel experiences, but what about fees?

Economics