New data shows a divide in how Canadian small and medium sized businesses were balancing their financial obligations in Q4 2025. While some were staying on top of payments others were letting regular payments to lines of credit and credit cards slip.
The Q4 2025 Quarterly Business Credit Trends report for Canada from Equifax shows “financial trade delinquencies (to banks, credit cards and lines of credit) rose 9.02 per cent year-over-year in Q4 2025 to 3.52 per cent nationally, even as industrial trade delinquencies (to suppliers and trade partners) fell sharply by 25.52 per cent to 4.65 per cent.”
Some of the key highlights:
- Ontario Records Highest Financial Credit Stress
- Debt Loads Climb as Businesses Restructure Borrowing
- Manufacturing Health Improves as Service Sectors Strain
You can find more details here.
