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.
There’s no denying the facts. Given the significant effect the downturn in the oil & gas industry has had across Alberta and Saskatchewan, many businesses are struggling to stay afloat. That’s not to say consumers have it easy either. While personal bankruptcies may have gone down since last year, Consumer Proposals have seen quite the spike. With the New Year approaching, this is a good time to evaluate what is coming in, vs. what is going out and establish a plan to build towards a stronger financial future.
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.