MNP Debt Blog
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Over half of Newfoundlanders are $200 or less away from insolvency, cannot pay their bills each month
13/10/2020
Greg Gosse
MNP Consumer Debt Index
COVID-19
The latest MNP Consumer Debt Index points to debt trouble in Atlantic Canada, particularly as payment deferrals and government emergency aid programs change or wind down.
Read More arrow_forwardPrince Edward Islanders among six in 10 (58%) Atlantic Canadians within $200 of financial insolvency; up three points since December, reaching a five-year high
07/04/2021
Walter MacKinnon
MNP Consumer Debt Index
MNP Consumer Debt Index hits record low amid growing concern about debt and rising interest rates among Canadians
18/04/2022
Grant Bazian
MNP Consumer Debt Index
The enduring financial impacts of COVID-19 coupled with the pressures of rising interest rates and a higher cost of living are weighing down Canadians’ confidence in their personal finances, according to the MNP Consumer Debt Index which is conducted...
Read More arrow_forwardFour in 10 Manitoba and Saskatchewan residents doubtful they can cover living expenses this year without going further into debt, most since December 2019
19/07/2021
Tanya Reynolds
MNP Consumer Debt Index
The quarterly poll conducted by Ipsos on behalf of MNP LTD finds four in 10 (43%, unchanged since March) households are not confident they’ll be able to cover all living and family expenses in the next 12 months without spending on credit.
Read More arrow_forwardSix in 10 (59%) Manitoba and Saskatchewan residents within $200 of financial insolvency; up 16 points since December, reaching a five-year high
08/04/2021
Tanya Reynolds
MNP Consumer Debt Index
Six in 10 (59%) say they are $200 or less from not being able to pay all their bills and debt obligations each month — a whopping 16-point jump from December and the highest compared to the other provinces. This includes three in 10 (31%, +10pts)...
Read More arrow_forwardMore than half of British Columbians say they are already feeling the effects of interest rate increases, a six-point jump since December
18/04/2022
Linda Paul
MNP Consumer Debt Index
British Columbians are feeling the enduring financial impacts of COVID-19 as well as the pressure of increased interest rates and a rising cost of living, according to the latest MNP Consumer Debt Index, which is conducted quarterly by Ipsos on behalf...
Read More arrow_forwardNearly half of Quebecers doubtful they can cover living expenses this year without going further into debt (46%, up 9 points)
19/07/2021
Frederic Lachance
MNP Consumer Debt Index
The quarterly poll conducted by Ipsos on behalf of MNP LTD finds almost half (46%) of households in the province are not confident they’ll be able to cover all living and family expenses in the next 12 months without spending on credit.
Read More arrow_forwardMore than half of Ontarians say they’re already feeling the effects of interest rate increases, up six points since December
18/04/2022
Caryl Newbery-Mitchell
MNP Consumer Debt Index
COVID-19’s enduring financial impacts along with the pressures of increased interest rates and a rising cost of living are weighing down Ontarians’ confidence in their personal finances, according to the MNP Consumer Debt Index, which is conducted...
Read More arrow_forwardMore than half of Saskatchewan and Manitoba residents say they’re already feeling the effects of interest rate increases, a seven-point jump since December
18/04/2022
Pamela Meger
MNP Consumer Debt Index
Saskatchewan and Manitoba residents are feeling the enduring financial impacts of COVID-19 along with the pressure of increased interest rates and a rising cost of living, according to the latest MNP Consumer Debt Index which is conducted quarterly by...
Read More arrow_forwardAlbertans feeling the effects of rising interest rates more than any other province, half say increases could drive them closer to Bankruptcy
18/04/2022
Donna Carson
MNP Consumer Debt Index
Albertans are feeling the enduring financial impacts of COVID-19 along with the pressures of increased interest rates and a rising cost of living more than any other province, according to the latest MNP Consumer Debt Index, which is conducted quarterly...
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