TransUnion says Canada credit delinquencies stabilize as Gen Z drives growth

TransUnion

TransUnion

TRU

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  • TransUnion analysis flagged signs of stabilization in Canadian credit stress in Q1 2026, with 90+ day delinquency at 1.86% vs 1.88%.
  • Gen Z drove credit expansion, adding more than 460,000 credit-active consumers year over year, up 7.8%.
  • Gen Z average non-mortgage balances rose 9.1% to $13,621, outpacing other generations.
  • Gen Z serious delinquency improved to 2.75% from 2.86%, still the highest across generations.
  • Mortgage balances climbed 3.85% to $1.91 trillion; 90+ day mortgage delinquency increased to 0.19% from 0.16%, near pre-pandemic levels.


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: 202606230600PRIMZONEFULLFEED9750581) on June 23, 2026, and is solely responsible for the information contained therein.

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