2025-04-14
Three quarters of New Brunswickers have cut spending or postponed major purchases
MNP Consumer Debt Index
Three-quarters (76%) say they have cut back on spending due to economic uncertainty — more than those in any other province.
As Canadians struggle in a weakened economy, thousands are starting to bend under the weight of trying to make it from one financial obligation to the next. And what are we relying on to get us through the day-to-day expenses? Debt. In fact, one quarter after the next, we continue to hit record highs in debt-to-income rates. But what happens when we can no longer juggle one debt payment to the next? MNP LTD Trustee Grant Bazian and MNP Ltd.'s Ipsos-Reid poll was incorporated into a story by the Financial Post to discuss the increase in insolvencies. The original article was originally posted online atFinancial Post on April 5, 2016.
2025-04-14
MNP Consumer Debt Index
Three-quarters (76%) say they have cut back on spending due to economic uncertainty — more than those in any other province.
2025-04-14
MNP Consumer Debt Index
Nearly three-quarters (73%) say they have cut back on spending due to economic uncertainty, and nearly as many (70%) say they are delaying major purchases or investments, according to the latest MNP Consumer Debt Index.
2025-04-14
MNP Consumer Debt Index
Nearly three-quarters say they have cut back on spending (74%) and are delaying major purchases or investments (75%), according to the latest MNP Consumer Debt Index.