In today’s economic climate, there simply is no denying the facts. Canadians are struggling and the near future isn’t looking too bright. In fact, in a recent MNP Consumer Debt Sentiment Survey, 56 percent of Canadians said they would be financially devastated if their monthly income was depleted by just $200. With a weakened loonie, an ever-increasing cost-of-living and unemployment rolling through several Canadian provinces, that $200 shift isn’t too far away for many.
The MNP Consumer Debt Sentiment Survey was conducted by Ipsos Reid on behalf of MNP. Huffington Post Canada recently covered the survey in an article originally posted online at The Huffington Post Canada on September 28, 2016.
2026-07-13
MNP Consumer Debt Index
Atlantic Canadians (68%) are more likely than those in other provinces to say at least half of their income is already committed to bills, debt payments, and regular expenses before it arrives.
2026-07-13
MNP Consumer Debt Index
According to the latest MNP Consumer Debt Index, three in five Canadians (61%) say at least half of their income is already committed to bills, debt payments, and regular expenses before it arrives.
2026-07-13
MNP Consumer Debt Index
According to the latest MNP Consumer Debt Index, nearly three in five British Columbians (58%) say at least half of their income is already committed to bills, debt payments, and regular expenses before it arrives.
