Credit Bureaus in Canada

August 1, 2009  |  Credit Bureau

The Canadian credit industry is very similar to credit industry of our American neighbours to the south. In Canada there are 2 major credit bureaus, both of these companies also dominate in the US and report credit information in similar ways.

Check Your Credit First Canada has put together a brief lesson  to help you learn about Canada’s credit bureaus:

How Many Credit Bureaus are there in Canada?


Canada has two credit bureaus. The two Canadian credit bureaus are TransUnion Canada and Equifax Canada.

Both Canadian credit bureaus deal with most major financial institutions.

What About Experian Canada?

Experian Canada was the third and arguably smallest Canadian credit bureau. Experian closed down their Canadian operations in 2009.

Although Experian no longer operates in Canada they are still one of the “big three” credit bureaus in the world and operate in many countries.

Do Credit Bureaus Deal Directly with the Public in Canada?

Yes. Both credit bureaus in Canada sell their services directly to the Canadian public. This practice has increased in recent years because of the internet and the quick access to information it provides.

If you’d like to become a customer and check your credit report with one of Canada’s best credit bureaus, visit out Check Your Credit page.

How Do I Get a Free Credit Report in Canada?

You can write to either Equifax Canada or TransUnion Canada and request a free credit report. Free credit reports in Canada are sent by mail and may not include as much information as a paid online credit report with credit score.

Go to Free Credit Report for more information.



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