The average Canadian credit card debt for Q3 2025 is $22,321, with the average debt per customer at $4,652. Debt levels vary significantly by age, with the 46-55 age group having the highest average debt at $34,987 and the 18-25 age group at $8,635.
Overall Average (Q3 2025): The average credit card balance per Canadian is reported as $4,652. Another source gives a figure of $22,321 for the average debt across all Canadians in Q3 2025.
Average by Age Group (Q3 2025):
18-25: $8,635
26-35: $17,603
36-45: $27,263
46-55: $34,987
56-65: $29,772
65+: $15,121
Looks like a LOT of people could use that first $30k to slap down on the good old Visa
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