According to MNP’s recent Consumer Debt Sentiment Survey, 56 per cent of Canadians are on the brink of financial ruin. Based on the population of people in the country over the age of 18 as of the time of this article, that statistic is the equivalent of 16,182,208 people. With numbers that significant, it’s entirely possible that you (the reader) may find yourself included in that 56 per cent. Financial insecurity can be debilitating. It’s important to know you are (clearly) not alone and there are options. Get in touch with a financial advisor and / or a debt professional to discuss your unique situation and discuss the best route towards a strong financial future.
The MNP Consumer Debt Sentiment Survey was conducted by Ipsos Reid on behalf of MNP.
iNews880AM covered the survey in an original article originally posted online 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.
