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More Canadians Lean on Credit Cards for Groceries as Costs Rise

the deep dive [Unofficial] April 8, 2026
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Higher living costs are pushing more Canadians to use credit cards for groceries, utilities, and other essentials, even as a growing share still manage to pay their balances in full each month. NerdWallet Canada found that 75% of Canadians used a credit card for an essential purchase in the past year, up from 74% in […] The post More Canadians Lean on Credit Cards for Groceries as Costs Rise appeared first on the deep dive.

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