Global Growthslowing
2.7%
−0.2 pp
Executive intelligence
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Consumer credit stress moved higher as savings buffers weakened.
July 7, 2026 · 8:30 AM ET
Market & Economic Pulse
View all indicators →Canada Inflationstable
2.4%
+0.1 pp
Credit Stressworsening
72
+8
Policy Rateeasing
2.75%
−25 bps
Housing Riskelevated
64
+3
CRE Refinancingrising
78
+5
Featured intelligence story
Connected evidence · changing conditions · forward outlook
High risk
Canadian households enter a new phase of credit stress
72risk
Delinquencies are accelerating as savings buffers weaken and refinancing costs remain elevated.
Confidence87%
OutlookElevated through Q2 2027
Primary objectRisk
Forecast revisions
View all revisions →| Indicator | Horizon | Prior | Current | Change |
|---|---|---|---|---|
| Canadian 90+ Day Delinquency Rate | 12M | 1.78% | 2.42% | ↑ 0.64 |
| Mortgage Renewal Rate | 12M | 18.60% | 22.50% | ↑ 3.90 |
| Bank of Canada Policy Rate | 12M | 2.75% | 2.25% | ↓ 0.50 |
| Canada CPI Inflation | 12M | 2.40% | 2.10% | ↓ 0.30 |
| Canada Unemployment Rate | 12M | 6.80% | 7.20% | ↑ 0.40 |
Risk heat map
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