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.
Saskatchewan And Manitoba Side By Side In Debt Crisis
As the energy sector continue to spur unemployment across the country, millions of Canadians find themselves turning to credit to keep up with the cost of living.
In fact, in western Canada, debt reliance has become so significant, households throughout the Prairie provinces, 64 per cent of people living in Saskatchewan and Manitoba would be unable to keep up with financial obligations and debt payments if their monthly finances were depleted by just $200.
These statistics come from MNP’s Consumer Debt Sentiment Survey, which was conducted by Ipsos Reid on MNP’s behalf. The Saskatoon Star Phoenix published an original article on September 28, 2016.
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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.
