Although there are many unique characteristics to the Canadian market, Canadian credit card issuers are experiencing many of the same challenges as their counterparts in the U.S. It is caught in a “perfect storm” between elevated loss rates, increased government regulation and a certain amount of hostility from both merchants and consumers.
Search within report
Searching...
Overview
Overview
This report provides in-depth analysis and insight supported by a range of data. At the same time, introductory and top-level content is provided to give you an overview of the issues covered.
Scope and Themes
Executive Summary
Insights and Opportunities
Inspire Insights
Market
Market
Mintel provides a range of market information, frequently through the category level, including market size and forecasting, complete with market drivers that illustrate the forces that shape a category or market.
Market Size and Forecast
Competitive Context
Segment Performance
Market Drivers
Consumer
Consumer
Mintel's proprietary consumer research provides our analysts with the attitudinal and behavioral data used to provide valuable insight to topical issues.
The Consumer
Cluster Analysis
Custom Consumer Groups: Asians
Brand/Company
Brand/Company
Mintel provides overviews of the top brands and manufacturers, and uses consumer research to explore attitudes and reactions to brands, as well as insight into what will resonate with consumers.
Leading Companies
Innovation and Innovators
Marketing Strategies
Data
Data
Reports provide appendices of data to support the research and insight produced. Our tables of data are easily manipulated and downloadable to support your research needs and covers factors from consumer attitudes to market forecasts.
Appendix—Trade Associations
|
Canadian consumers have continued to take on debt, even as Americans have sharply cut back on their use of credit products, credit cards in particular. The Canadian household debt-to-income ratio recently surpassed the U.S. for the first time in 12 years. Credit card delinquencies are up more than 60% since 2007, while consumer insolvencies are up 50%. The Bank of Canada believes the consumer debt situation is only going to get worse.
