Chart 1: The reliance of Canadians on credit card debt has risen further over the past year https://www.bankofcanada.ca/?p=239403 Share of Canadians carrying an outstanding balance on their credit cards (left scale) Among Canadians carrying an outstanding balance on their credit cards, share whose carried balance represents 80% or more of their borrowing limit (right scale) 46.8019.99 45.8621.08 46.2721.16 46.2821.09 46.3021.42 46.4121.59 46.5720.75 47.4319.89 47.1518.66 46.7121.14 46.3321.12 46.3721.27 46.4321.45 46.4221.33 46.2721.37 46.4721.66 46.3421.79 46.1221.94 46.1522.23 46.1521.59 46.2121.83 46.3821.72 46.8921.83 47.0421.64 46.8121.51 46.7821.33 46.4421.68 46.7821.69 46.8921.83 47.1222.15 46.7022.41 46.5422.77 46.7322.56 48.2022.89 48.2622.40 48.2722.21 47.8022.28 47.8322.36 47.7722.63 48.6922.89 48.6523.10 48.5223.17 48.3923.15 48.4623.75 48.7022.98 48.5822.83 48.5522.91 48.9923.10 48.0723.12 46.4222.79 46.9123.01 47.6621.18 46.0220.01 45.7018.51 46.1419.65 45.8819.64 45.6420.00 44.8920.07 45.2420.23 45.2820.22 42.5519.99 41.9919.33 44.7120.35 45.8320.29 44.8520.13 44.5119.94 44.7020.83 45.2319.59 45.2219.30 44.6720.28 45.7520.74 45.7720.41 43.1820.71 44.0120.77 45.4620.51 45.5121.30 45.2821.70 45.3422.04 44.9922.01 45.1022.36 45.1522.19 45.2221.82 45.8521.40 45.4921.89 44.8221.84 45.0721.95 45.5722.04 46.1522.09 46.2522.64 46.0523.34 45.9622.76 46.0722.78 46.2722.78 46.4222.62 46.5622.48 46.5822.61 46.1622.67 46.1322.99