The Canberra Islamic Centre has decided not to hold
In Equifax’s second quarter credit trends report, the average debt load among Alberta consumers was $27,313 for the quarter, down 0.1 per cent from a year ago.In Calgary, the level dropped slightly from $28,280 a year ago to $28,226 in the second quarter of this year.Nationally, the average consumer debt rose two per cent to $21,164. Total consumer debt in Canada is $1.568 trillion, said the report. The increased debt levels weredriven by the instalment loan and auto loan sectors, which increased by eight per cent and 3.9 per cent year over year, respectively, said the report.Saskatchewan has the second highest level of average consumer debt, at $23,347, which was up 1.4 per cent year over year.”The overall trend we’ve seen with debt levels going up and delinquency rates coming down is still the case, but some of the sub segments within the Canadian population are changing their behaviour,” said Regina Malina, senior director of decision insights at Equifax Canada.”We’re starting to see the impact of low oil prices in the West as these prices are forcing a new reality on Alberta and Saskatchewan in particular.Article content continued”Average debt may be decreasing due to the changes related to the oilpatch situation.
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