Credit Canada

06/01/2026

Here’s what you need to know about the debt situation in Canada (Q1):

New data shows Canadian debt rose to $2.66T (+3.8% YoY), even as some categories improved. Insolvencies are also up 18.8% year-over-year, with volumes at their highest level since 2009—though adjusted for population growth, rates are closer to 2019 levels.

There’s a lot more in the full report, including shifts in credit use, lending, and repayment trends. Link in bio to read more.

https://www.equifax.ca/about-equifax/newsroom/-/intlpress/the-resilient-north-equifax-canada-data-shows-consumers-leaning-on-financial-discipline-to-offset-macroeconomic-conditions

05/28/2026

Nothing ruins summer vibes faster than spending $90 at the pump ⛽

Road trips, beach days, weekend plans… summer driving adds up fast. Watch this before your next fill-up for simple ways to spend less on gas this summer.

Sources:
🔗https://www.caaquebec.com/en/advices/mobility-on-the-roads/save-money-on-gas-15-simple-things-you-can-start-doing-today
🔗https://ca.style.yahoo.com/7-easy-ways-to-save-money-on-gas-this-summer—without-driving-your-car-less

05/27/2026

When was the last time you checked your credit score?

This week on CJAD 800 Montreal, Credit Canada CEO Bruce Sellery - Moolala breaks down what your credit score is, why you shouldn't be afraid to check it, and what you can do to improve it.

If credit scores have ever felt confusing or stressful, this conversation is a good place to start.

Listen to the full segment here: https://www.youtube.com/watch?v=Ke3jNiD1bsM

Trudie’s Takeaways with CJAD Newscaster Trudie Mason, Wassim Aboutanos, Entertainment with John Moore, Political Analyst Tom Mulcair, Emergency Room Physicia...

05/27/2026

There’s a lot of confusion out there about financial AI, so let’s clear the air. 💡

Mariposa is designed to make financial guidance more accessible, simple, and judgment-free, but we know people often have concerns about how it works.

Here’s the truth behind some common myths:
❌ It takes all your personal information
❌ It can’t provide reliable guidance
❌ It’s only for people in serious debt

The reality? Mariposa is built to support you at any stage of your financial journey; whether you’re budgeting, managing debt, or just figuring out your next step. It’s private, secure, and designed with expert-backed guidance to help you move forward with confidence.

Financial support doesn’t have to feel overwhelming or intimidating. Start with clarity, start with Mariposa.

👉 Try it here: https://na3.hubs.ly/y0rfNr0

05/26/2026

How much do you need to save each week to hit your savings goals in 1 year? 👀💰

A big savings goal feels a lot more doable when you break it down week by week.

05/25/2026

Working ‘in-person’ is costing Canadians thousands.

Do these estimates surprise you?

Sources:
-https://www.theglobeandmail.com/investing/personal-finance/retirement/article-costs-of-working-return-to-office-childcare-commuting/
-https://ca.finance.yahoo.com/news/heres-return-office-mandates-really-224000115.html

05/21/2026

Think everyone your age is making six figures?

Here’s the average Canadian salary by age group:

16–24: $17,300
25–34: $46,900
35–44: $63,700
45–54: $66,700
55–64: $54,600
65+: $22,600

Social media can distort what “normal” income looks like. Most Canadians are building steadily—not getting rich overnight.

Send this to someone who needs to hear this.

Source: https://ca.indeed.com/career-advice/pay-salary/average-canadian-salary-by-age

05/20/2026

Mariposa is already helping thousands of people take the first step toward financial clarity. 🌸

✨ 10,000+ users have engaged with Mariposa
✨ 4,000+ financial assessments completed
✨ 45% of questions answered outside of business hours

What does this mean? People are getting support when they need it most; whether it’s late at night, early in the morning, or somewhere in between.

Mariposa is designed to make financial guidance more accessible, immediate, and judgment-free. From understanding your situation to exploring your next steps, help is always just a question away.

If you’ve been unsure where to start, you’re not alone and you don’t have to figure it out alone either.

Start with Mariposa today: https://na3.hubs.ly/y0rfNl0
💡

05/20/2026

Your salary went up… so why didn’t your savings?

It's called lifestyle creep. In a recent RBC article, Credit Canada CEO Bruce Sellery - Moolala shares practical ways to avoid spending more when your income increases — and how to balance enjoying life today while still saving for the future.

From “friction-maxxing” to automating savings, there are plenty of small habits that can make a big difference over time.

Read the full article here:

As income rises, spending tends to rise, too. Here’s how to get a handle on lifestyle creep

05/20/2026

Most people assume they’d spot a scam instantly. Behavioural science says otherwise.

Join Credit Canada’s Education Lead and Credit Counsellor, Himank Bhatia, alongside Behavioural Science Specialist with Deloitte, Michelle Hilscher, for an eye-opening and supportive webinar that explores the psychological and behavioural impact of scams and how to move forward with confidence.

You’ll learn:
✅ Why scams happen to smart, capable people, and the myths that keep us from seeing our own risk
✅ How behavioural patterns and emotional responses can create cycles of vulnerability to scams
✅ Practical steps to interrupt these cycles and strengthen your awareness and decision-making
✅ Strategies to rebuild confidence, regain control, and move forward after experiencing financial fraud

📅 May 28
⏰ 7 PM ET

+ GIVEAWAY: Register and attend the live session to be automatically entered to win a $100 Amazon gift card

Register: https://www.creditcanada.com/understanding-the-psychological-and-financial-impact-of-scams-webinar