Debt Crisis: Shocking Surge in Canadian Tire Credit Card Write-Offs

Canadian Tire Corporation (TSX: CTC.A) has reported a significant increase in the rate of credit card debt write-offs, raising concerns about consumer financial health and the company’s credit portfolio stability. According to Doug Hoyes, a bankruptcy trustee and financial commentator, the write-off rate for Canadian Tire credit cards has more than doubled over the past … Continue reading Debt Crisis: Shocking Surge in Canadian Tire Credit Card Write-Offs