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.
Manitobans Enjoy Credit Sprees But What Happens When Rates Go Up
2017-05-02
With interest rates parked at record lows, many Canadians have taken full advantage – splurging on low cost credit despite a stagnant economy. However, with financial analysts posturing that a rate increase could quite possibly occur before the end of year, the time has come to curb the spending and start putting more emphasis on decreasing or, if possible, eliminating debt. With three in ten residents in Manitoba and Saskatchewan saying that an increase in interest rates could put them on the brink of financial ruin, the time to put a halt on debt accumulation – is now. MNP’s Gord Neudorf spoke with the Winnipeg Free Press about the Ipsos survey conducted on behalf of MNP and the impact interest rates could have on Manitobans. An original article was postedonline on April 11, 2017. Gord Neudorf is a Licensed Insolvency Trustee serving Winnipeg and the Eastern Manitoba region. To learn more about how MNP Debt can help you, contact our local office at 204.336.6167.
Latest Blog Posts
2025-04-14
Nearly three-quarters of Quebecers have cut spending or postponed major purchases as they take steps to safeguard their finances amid economic uncertainty
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
Nearly three-quarters of British Columbians have cut spending or postponed major purchases as they take steps to safeguard their finances amid economic uncertainty
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.
