News

Financial Literacy Month: Canadians Urged to “Flip the Switch on Their Money” as rising debt hits new highs

Credit Canada — Mon, 03 Nov 2025 19:53:12 GMT

Toronto, ON, November 3, 2025 — Canadians are carrying more debt, missing payments at rising rates, and increasingly struggling to stay afloat as costs outpace paycheques. Recent studies* show growing financial strain nationwide.

Credit Canada Unveils Mariposa, Canada’s First AI-Powered Debt Management Agent

Credit Canada — Wed, 11 Jun 2025 19:19:48 GMT

Toronto, ON, June 11, 2025 — Credit Canada has launched Mariposa, the country’s first AI-powered debt management agent, offering Canadians free, confidential, 24/7 support to take control of their finances. With the average Canadian non-mortgage debt soaring to $21,859 and 1.4 million consumers missing at least one credit card payment in Q1 2025 (source: Equifax), providing accessible debt management options has never been more critical.

Credit Canada and Capital One Canada Expand Access to Life-Changing Financial Coaching Program As Canadians Struggle with Debt

Credit Canada — Mon, 05 May 2025 15:48:29 GMT

Toronto, ON, May 5, 2025 - More and more Canadians are falling behind financially. The cost of living remains high, and economic uncertainty is on the rise, squeezing household budgets and leaving many searching for solutions. One powerful partnership is helping them take control and find a way forward.

Empowering Financial Progress for Newcomers

Credit Canada — Wed, 05 Feb 2025 14:24:53 GMT

BMO and Credit Canada Partner to Drive Financial Literacy and Success.

What consumers need to know about the new rules for alternative lending

Credit Canada — Wed, 22 Jan 2025 13:00:00 GMT

Credit Canada CEO Bruce Sellery talks about the recent changes in the criminal rate of interest and the new rules for alternative lending on CTV News.

One in five Canadians plan to take on more debt this year: survey

Credit Canada — Tue, 07 Jan 2025 13:15:00 GMT

A recent TransUnion survey reveals some eye-opening statistics about the financial health of Canadians. Credit Canada CEO Bruce Sellery joined CTV to break down the findings.

New year brings Canadian crackdown on high-interest loans

Credit Canada — Thu, 02 Jan 2025 15:00:00 GMT

What does changing Canada's criminal rate of interest mean, and how could it impact you? Credit Canada CEO Bruce Sellery gives his take on this.

The financial case for taking holidays - CBC Radio

Credit Canada — Wed, 19 Jun 2024 14:15:00 GMT

Credit Canada CEO and Money Columnist Bruce Sellery discusses strategies to help people fully disconnect during their time off on CBC Radio.

Rate relief - CBC Radio

Credit Canada — Wed, 05 Jun 2024 13:45:00 GMT

Credit Canada CEO and Money Columnist Bruce Sellery comments on the Bank of Canada's decision to cut interest rates.

Travel tips - CBC Radio

Credit Canada — Wed, 29 May 2024 14:00:00 GMT

Credit Canada CEO and Money Columnist Bruce Sellery says there are a few things you need to be aware of if you're travelling outside Canada this summer, on his CBC Radio segment.