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.
2025-07-14
MNP Consumer Debt Index
Nearly half of Albertans (47%, +2 pts) report they are $200 or less away from financial insolvency each month — more than those in any other province — according to the latest MNP Consumer Debt Index.
2025-07-14
MNP Consumer Debt Index
Nearly two-thirds of Quebecers say they desperately need interest rates to go down (63%, -2 pts), according to the latest MNP Consumer Debt Index.
2025-07-14
MNP Consumer Debt Index
Younger adults and lower-income households are most likely to report stress, stalled life plans, and living paycheque to paycheque.
