EFX Equifax Canada
Price Chart
Executive Summary
Equifax Canada's Q1 2026 Market Pulse report shows total consumer debt rose 3.8% YoY to $2.46T, but non-mortgage debt fell $487M. Insolvency volumes hit a 17-year high, up 18.8% YoY, reaching levels not seen since 2009, signaling persistent consumer financial stress despite some signs of repayment discipline.
Actionable Insight
The report confirms rising consumer financial stress, particularly in Ontario and British Columbia, with mortgage delinquencies surging. This is negative for Equifax's credit reporting and analytics revenue outlook as lenders tighten credit and consumer defaults rise. Monitor Q2 2026 for further deterioration in delinquency trends and potential impact on EFX's USWU segment.
Key Facts
- Total consumer debt reached $2.46 trillion, up 3.8% year-over-year.
- Non-mortgage debt declined by more than $487 million in Q1 2026.
- Insolvency volumes increased 18.8% year-over-year to highest level since 2009.
- Homeowner insolvency volumes jumped more than 11% over Q4 2025.
- 90+ day delinquency balance rose 4.18% and volume rose 2.38% nationally.
- Mortgage delinquencies jumped 52% in Ontario and 36% in British Columbia year-over-year.
- New credit card originations hit a four-year low.
- New captive auto loans fell nearly 5% year-over-year to a three-year low.
Financial Impact
Total consumer debt $2.46T (+3.8% YoY); non-mortgage debt declined $487M; insolvency volumes +18.8% YoY; 90+ day delinquency balance +4.18%
Risk Factors
- Continued rise in consumer insolvencies could pressure Equifax's credit database revenue as lenders reduce originations.
- Regional concentration of stress in Ontario and BC may lead to higher credit losses for Equifax's clients.
- Slowing auto and credit card originations reduce transaction volumes for Equifax's verification and scoring services.
Market Snapshot
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3300854 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
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Jun 2, 2026
5d ago
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Court Ruling
| $175.49 $169.57 | ▼ −3.37% | ▼ −2.68% | $172.13 (−1.91%) |
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Jun 1, 2026
6d ago
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GOVT-CONTRACT
| — | awaiting T+1 | — | — |
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May 27, 2026
11d ago
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Court Ruling
| $163.56 $163.31 | ▼ −0.15% | ▼ −0.70% | $172.13 (+5.24%) |
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May 26, 2026
11d ago
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Press Release
| — | awaiting T+1 | — | — |
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May 1, 2026
5w ago
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Insider Cluster
| $173.76 $172.10 | ▼ −0.96% | ▼ −0.61% | $172.13 (−0.94%) |
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May 1, 2026
5w ago
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Insider Cluster
| $173.76 $172.10 | ▼ −0.96% | ▼ −0.61% | $172.13 (−0.94%) |
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Apr 21, 2026
6w ago
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S-3ASR
| $177.90 $174.07 | ▼ −2.15% | ▼ −1.76% | $172.13 (−3.24%) |
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Apr 21, 2026
6w ago
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8-K
| $192.43 $177.90 | ▼ −7.55% | ▼ −8.57% | $172.13 (−10.55%) |
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Apr 8, 2026
8w ago
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Court Ruling
| $183.47 $181.83 | ▼ −0.89% | ▼ −1.47% | $172.13 (−6.18%) |
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Mar 30, 2026
9w ago
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Court Ruling
| $177.40 $180.00 | ▲ +1.47% | ▼ −1.43% | $172.13 (−2.97%) |
US Market Status
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