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$2.6 Trillion in Debt and $19 Billion in Bank Profits: The Two Numbers Defining Canada’s Financial Reality

Eric Hawn

Published on: 11/03/2026

Canadian consumer debt has reached $2.6 trillion while the Big 6 banks earned $19 billion in quarterly profits. This article explores the connection — and how changing the way you finance life can shift control and redirect wealth back to you.

Banking Basics

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