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Equifax Finds 49% of Young Canadians Worry Financial Health Could Affect Major Milestones

By Public Technologies
  • Equifax's November 3, 2026, survey found 49% of Canadians aged 18–34 worry financial health could affect major financial milestones within 12 months.
  • Nationally, 27% reported such concerns, rising to 41% among households with children under 18.
  • Credit or borrowing covers essential expenses for 15% of Canadians, rising to 24% in Atlantic Canada.
  • Despite strong credit scores, 19% struggle to cover expenses; that share reaches 25% among households with children under 18.


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: 202611030600PRIMZONEFULLFEED9868742) on November 03, 2026, and is solely responsible for the information contained therein.

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