TransUnion Canada reported that delinquency rates are moving higher as the cost of living increases and servicing debt takes a bigger share of disposable income, Bloomberg News reported. The credit reporting firm said on Monday 5.54 percent of consumers were 90 or more days past due on at least one non-mortgage credit product in the third quarter, compared with 5.25 percent in the same period in 2018. The 29 basis point increase is the largest since 2012, and comes after several years of declining or little changed delinquency rates. Price inflation for everyday consumer items such as food and clothing are accelerating, and costs for servicing debt are higher. The report is in line with other indicators showing Canadian consumers are increasingly under strain. The Office of the Superintendent of Bankruptcy said last month that insolvency filings are rising at the fastest pace since 2009. Earlier Tuesday, the country’s banking regulator ordered the largest lenders to set aside more capital to guard against vulnerabilities. Read more.