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.
MNP Consumer Debt Index April 2019 Results Summary
2019-07-18
MNP Consumer Debt Index drops 4 points underscoring Canadians’ deteriorating financial situation
Canadians are feeling worse about their consumer debt and personal finances than was the case just three months ago. The MNP Consumer Debt Index has fallen four points since December, signalling growing concern and deteriorating financial stability for many.
The quarterly survey, conducted by Ipsos on behalf of MNP LTD, shows more Canadians are hovering close to financial insolvency at the end of the month; nearly half (48%) of Canadians say they are $200 or less each month away from financial insolvency, an increase of two points. This includes one in four (26%) who say they have no wiggle room at month-end, as they already don’t make enough to cover their bills and debt payments.
Debt Index Results April 2019
Press Releases
- National: MNP Consumer Debt Index drops 4 points underscoring Canadians’ deteriorating financial situation
- B.C.: British Columbians are significantly less optimistic about their financial future, more concerned about interest rates and their current debt
- Ontario: Ontarians feeling better about their debt situation yet many still struggling
- Saskatchewan: Significantly fewer Saskatchewan residents hovering close to financial insolvency
- Alberta: Albertans are the most concerned about debt and personal finances compared to other provinces
- Atlantic: Number of Atlantic Canadians on the brink of financial insolvency jumps 10 points since December
- Manitoba: Significantly fewer Manitoba residents hovering close to financial insolvency
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.
