2026-04-13
MNP Consumer Debt Index: Newfoundland and Labradorians experiencing financial whiplash as economic uncertainty persists
MNP Consumer Debt Index
Nearly three-quarters say rising food and gas prices are straining their finances.
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.
2026-04-13
MNP Consumer Debt Index
Nearly three-quarters say rising food and gas prices are straining their finances.
2026-04-13
MNP Consumer Debt Index
More than half (56%) say they are experiencing financial whiplash as shifting conditions repeatedly disrupt their financial plans, according to the latest MNP Consumer Debt Index.
2026-04-13
MNP Consumer Debt Index
Nearly three-quarters say rising food and gas prices are straining their finances.