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Canada's business debt rises 19.6% YoY to $30,855 in Q3.
ByAinvest
Tuesday, Dec 2, 2025 9:17 am ET1min read
• Canada's economy shows signs of stabilization with easing inflation and interest rate cuts. • Business confidence and investment increase, with a rebound in new credit activity. • Average business debt rises 19.6% YoY to $30,855, driven by an 83% surge in new firms. • Newly established firms see an 83% surge in balances, with industrial trade originations up 26%. • The Canadian Small Business Health Index improves, indicating better business prospects.
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