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MNP Debt Blog

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Manitoba and Saskatchewan residents are feeling more pessimistic about their personal finances this quarter, despite the recent interest rate cut by the Bank of Canada.

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Saskatchewan and Manitoba residents are feeling more pessimistic about their personal finances this quarter, despite the recent interest rate cut by the Bank of Canada.

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Quebecers are feeling more pessimistic about their personal finances this quarter, despite the recent interest rate cut by the Bank of Canada.

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The MNP Consumer Debt Index has dropped to 85 points, down six points from the previous quarter.

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Canadians’ debt outlook reaches lowest point in five years

More Canadians report their current and expected debt situation is deteriorating.

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Ontarians have less left in their wallets this quarter as the surging cost of living has chipped away at household budgets, according to the latest MNP Consumer Debt Index.

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From near zero to the highest interest rates in over two decades, the latest MNP Consumer Debt Index reveals that significantly more Quebecers anticipate struggling with further rate hikes.

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