Equifax Canada says average business debt rises 7.3% to $30,581 in Q2 2026

By Public Technologies
  • Equifax analysis showed Canadian average commercial debt per business rose 7.3% year over year to $30,581 in Q2 2026.
  • 60+ day delinquency rate on financial credit products hit 4%, the highest since 2019, up 19.7% year over year.
  • High-risk businesses carried $125,517 average debt, up 48.2%; highest-risk tier debt rose 103.1% to $42,986.
  • Installment loan balances increased 6.9% to $131,107; line-of-credit balances fell 14.6% to $17,570.
  • Restructuring proposals rose 30.3% year over year; bankruptcies fell 8.1% as tariff uncertainty added pressure on cash flow.


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. Equifax Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202609140600PRIMZONEFULLFEED9825885) on September 14, 2026, and is solely responsible for the information contained therein.

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