Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:

New stats from Equifax Canada reveal a 7% year-over-year increase in the total owed by consumers at $2.36 trillion.

Your business-owner clients now have the ability to reduce the cost of accepting credit card payments – but should they use it?

The cost of groceries is expected to increase by up to 7% in 2023 in Canada and food prices will continue to climb in the coming year, recent research revealed.

Is your business one of Canada’s top brokerages? Wealth Professional Canada opens its entries for its 5-Star Brokerages 2023, celebrating teams that have overcome the challenges to set themselves apart from their competitors. Enter before December 16, 2022. 

These stories in full at wealthprofessional.ca and in our newsletters, plus: Jail sentence ends a decade on the run for ‘tax protester’ scheme fugitive; Why the market is more worried about the banks than the analysts are; and for the vast majority of donors, trust in charities is important.