A credit report is a snapshot of your financial history. It lists credit that you’ve obtained from companies that report to a credit-reporting agency during the past 20 years. In Canada, there are two credit-reporting agencies: Equifax and TransUnion. Your relationship with companies that do not report to Equifax or TransUnion will not affect your credit history.
It is important to review your credit report at least annually to ensure that it is correct as errors can be more difficult to fix as time passes. In addition, incorrect information may unfairly prevent you from obtaining new credit.