Canadians taking steps to avoid credit card debt, despite economic pressure

BURLINGTON, Ont. — TransUnion Canada says data show Canadians have not taken on additional credit card debt during the COVID-19 pandemic. The credit reporting agency says in a quarterly report that credit card balances fell 12.3 per cent in the second quarter compared with the same period a year ago. TransUnion’s Matt Fabian says reduced opportunities for spending during […]