MNP Consumer Debt Index: July 2018 Results Summary
According to a recent Ipsos poll conducted by MNP LTD., Canadians are forecasting sunnier skies ahead when it comes to their debt. Bolstered by three in five Canadians (61%) feeling their debt situation has improved over the past four months, the MNP Consumer Debt Index jumped 10 points in July to reach its highest recorded score. With one quarter (25%) of Canadians saying their debt is better now than one year ago — and more than half (57%) saying it’s the best it’s been in five years — there seems to be a renewed sense of confidence that the worst is finally behind them.
If this doesn't sound like you or if you’re worried your debt may be spiralling out of control, MNP has created an easy to use tool to get a check-up on your debt health. Click below to access the MNP Debt Scale and get your free assessment today.
MNP Press Releases
- National: Increasing Optimism Among Indebted Canadians Drives MNP Consumer Debt Index to Record High
- B.C.: British Columbians Feel Increasingly Optimistic About Debt
- Ontario: Ontarians Feel Increasingly Optimistic About Debt
- Saskatchewan: Saskatchewan Residents Show Optimism Despite Persistent Debt Struggles
- Alberta: Albertans Pessimistic, Concerned About Worsening Debt Situation
- Atlantic: Improved Debt, Increasing Confidence for Atlantic Canadians
- Manitoba: Manitoba Residents Show Optimism Despite Persistent Debt Struggles
