“We may be seeing the beginning of the consumer rebound in the oil producing regions out west.” So says Matt Fabian, director of research and analysis for TransUnion Canada. The company’s latest Canadian Industry Insights Report says spurred by improved economic conditions and the continued recovery in oil prices, oil producing regions like Saskatchewan are beginning to experience improvements in consumer credit markets. This comes nearly four years after the start of the rapid oil price declines at the end of 2014. In 2015, TransUnion projected credit product delinquencies to deteriorate faster in oil regions than in the rest of the country. Those delinquencies did, in fact, rise. But TransUnion says the first quarter of this year may have been a turning point. The first significant annual decline was observed since 2015.