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MNP Debt Blog

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Fewer Saskatchewan residents are hovering close to financial insolvency than was the case just a few months ago, according to the latest MNP Consumer Debt Index; a quarterly survey conducted by Ipsos on behalf of MNP LTD.

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British Columbians are feeling significantly less optimistic about their financial future, consumer debt and personal finances than was the case just a few months ago, according to the latest MNP Consumer Debt Index; a quarterly survey conducted by Ipsos...

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Canadians are feeling worse about their consumer debt and personal finances than was the case just three months ago.

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MNP Consumer Debt Index January 2019 Results Summary

According to a recent Ipsos poll conducted by MNP LTD., a growing number of Canadians are inching closer to insolvency – with the proportion who are $200 or less from being able to pay their bills each month (46%) rising six points since September....

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Fewer Manitoba residents are hovering close to financial insolvency than was the case just a few months ago, according to the latest MNP Consumer Debt Index; a quarterly survey conducted by Ipsos on behalf of MNP LTD.

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Debt Pinch Tightens Its Grip Across Canada

The collective pressures of increased interest rates, an uptick in consumer debt over the holidays, a stagnating economy and persistently high cost of living are making it difficult for Canadians to repay their debts.

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As the impact of higher interest rates continues to resonate across the country, a growing number of Prince Edward Islanders are struggling to cope.

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According to a recent Ipsos poll conducted by MNP LTD., Atlantic Canadians are the sole exception to a Canada-wide trend of increased anxiety around debt, interest rates and personal finances.

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According to a recent Ipsos poll conducted by MNP LTD., higher interest rates are a major concern among Albertans.

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According to a recent Ipsos poll conducted by MNP LTD., Manitoba and Saskatchewan residents are the most likely (56%) to be within $200 of insolvency at month-end compared to other provinces – jumping 14 points since September.

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