MNP Consumer Debt Index

Canadians significantly more worried about debt, interest rates and personal finances compared to September

Index Tracking

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.

Three in ten now say they don’t earn enough to cover their bills and debt payments – a seven percent increase over the same period – and nearly half (45%) say they will need to go further into debt over the next year just to pay for their living and family expenses. Fewer than four in 10 say they’re confident they could cope financially with an unexpected or life-changing event.

Debt Scale Tool

Details behind MNP’s Consumer Debt Index, along with media coverage and our provincial and national news releases can be found below.

To view data from previous releases of the MNP Consumer Debt Index, visit our Historical Data page.


Debt Index Results January 2019

Press Releases


Debt Index Results October 2018

Debt Index Results July 2018

Debt Index Results May 2018

Debt Index Results April 2018

Debt Index Results January 2018

Debt Index Results November 2017

Debt Index Results October 2017

Survey Results August 2017

Survey Results July 2017

Survey Results May 2017

Survey Results April 2017

Survey Results September 2016


About the MNP Consumer Debt Index

The latest Index data was compiled by Ipsos on behalf of MNP LTD between September 10 and September 17, 2018. For this survey, a sample of 2,003 Canadians from the Ipsos I-Say panel was interviewed online. The precision of online polls is measured using a credibility interval. In this case, the results are accurate to within +/- 2.5 percentage points, 19 times out of 20, of what the results would have been had all Canadian adults been polled. Credibility intervals are wider among subsets of the population. This represents the sixth wave of the MNP Consumer Debt Index.



About MNP Debt

MNP LTD, a division of MNP LLP, is one of the largest personal insolvency practices in Canada. For more than 50 years, our experienced team of Licensed Insolvency Trustees and advisors have been working collaboratively with individuals to help them recover from times of financial distress and regain control of their finances. With more than 200 Canadian offices from coast-to-coast, MNP helps thousands of Canadians each year who are struggling with an overwhelming amount of debt.

Grant Bazian is a Licenced Insolvency Trustees, President of MNP Ltd. To learn more about how MNP Debt can help you, contact Grant at 778.374.2108 or [email protected]

Our team of Licensed Insolvency Trustees will help you explore the debt relief options available to you and together we will find the solution that best fits your situation. Set up your FREE, no obligation consultation today.


MNP is committed to protecting your privacy. We promise to keep all of the information you share with us confidential.

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