• TransUnion flagged Canadian consumer debt at a record $2.64 trillion in Q2 2026, up $116.7 billion year over year.
• Borrowing growth outpaced credit access, with 32.5 million Canadians holding credit, up 1.1%.
• Mortgage market cooled as affordability pressures persisted; new originations rose 7.8%, below prior double-digit gains.
• Serious mortgage delinquency stayed low but rose to 0.29% at the consumer level; Ontario, British Columbia posted the largest increases.
• Consumer insolvency rate climbed to 1.10%, driven mainly by non-mortgage holders despite a decline in 30+ days past due to 4.27%.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. TransUnion published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608250600PRIMZONEFULLFEED9815022) on August 25, 2026, and is solely responsible for the information contained therein.