TransUnion (TRU) benefits from Verisk Financial's buyout and its treasure trove of data amid high competition.
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Key findings from TransUnion report: Credit participation in Canada continued to rise, led by new-to-country and Generation Z consumers, driving total debt to $2.38 trillion Continued higher cost of living and interest rate pressures led to rising consumer-level delinquencies Alberta experienced the highest rate of delinquencies (2.21%), Quebec saw the lowest rate (1.29%), and Ontario displayed the most significant increase (+26 basis points, year-over-year) TORONTO, May 28, 2024 (GLOBE NEWSWIRE