Credit cards around the world: Canada
Our ongoing series moves to Canada, where the average adult Canadian has two or more credit cards.
Location: North of the conterminous United States, bordering the North Atlantic Ocean on the east and North Pacific Ocean on the west (map)
Population: 33 million (July 2008)
Internet users: 28 million (June 2008)
Area: 3,855,102 sq. miles (slightly larger than the United States)
GDP: US$1.2 trillion (2007 estimate)
Currency: Canadian dollar (CAD)
Key exports: US$431 billion of motor vehicles and parts, industrial machinery, aircraft, telecommunications equipment; chemicals, plastics, fertilizers; wood pulp
Key imports: US$386 billion of motor vehicles and parts, crude oil, chemicals
- Fed: Card balances jumped by $2.5 billion in January – Credit card balances were up in January, according to the Federal Reserve?s latest report on consumer credit. ...
- Poll: Many consumers stick with a favorite credit card at their own expense – A new CreditCards.com poll finds only 15 percent of Americans have swapped out their go-to credit card in the past year. Meanwhile, 30 percent have never changed the card that sits atop their wallet ...
- Credit inquiries fell to historic low in Q4, NY Fed says – A report by the New York Fed shows credit inquiries in the past six months fell to a historic low in the fourth quarter of 2018 ...