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MNP Debt Blog

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Two-thirds of Saskatchewan and Manitoba residents say interest rates will need to drop much further before their financial situation significantly improves — more than any other province

22/07/2024

Pamela Meger

MNP Consumer Debt Index

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.

More than half of Prince Edward Islanders say interest rates will need to drop much further before their financial situation significantly improves

22/07/2024

Tara Silliker

MNP Consumer Debt Index

Atlantic Canadians are feeling pessimistic about their personal finances, despite the recent interest rate cut by the Bank of Canada.

Nearly three in five British Columbians say interest rates will need to drop much further before their financial situation significantly improves

22/07/2024

Linda Paul

MNP Consumer Debt Index

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

More than half of Nova Scotians say interest rates will need to drop much further before their financial situation significantly improves

22/07/2024

Tina Powell

MNP Consumer Debt Index

Atlantic Canadians are feeling pessimistic about their personal finances, despite the recent interest rate cut by the Bank of Canada.

More than half of Newfoundland and Labradorians say interest rates will need to drop much further before their financial situation significantly improves

22/07/2024

Karen Aylward

MNP Consumer Debt Index

Atlantic Canadians are feeling pessimistic about their personal finances, despite the recent interest rate cut by the Bank of Canada.

More than half of Ontarians say interest rates will need to drop much further before their financial situation significantly improves

22/07/2024

Caryl Newbery-Mitchell

MNP Consumer Debt Index

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

More than half of New Brunswickers say interest rates will need to drop much further before their financial situation significantly improves

22/07/2024

Tara Silliker

MNP Consumer Debt Index

Atlantic Canadians are feeling pessimistic about their personal finances, despite the recent interest rate cut by the Bank of Canada.

Nearly half of Albertans are $200 or less away from failing to meet all their financial obligations, a significant 13-point increase since last quarter

22/07/2024

Lindsay Burchill

MNP Consumer Debt Index

Significantly more Albertans are close to insolvency this quarter — and many are feeling pessimistic about their personal finances, despite the recent interest rate cut by the Bank of Canada.