MNP Debt Blog
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Three in five Quebecers concerned about repaying debts amid high interest rates and inflation, revealing financial strain and mental health impact
08/01/2024
Frederic Lachance
MNP Consumer Debt Index
The impact of inflation and higher interest rates is leaving Quebecers feeling pessimistic about their current debt situation, according to the latest MNP Consumer Debt Index.
Read More arrow_forwardNewfoundlanders regret about debt soars amidst rising rates and affordability struggles
10/07/2023
Greg Gosse
MNP Consumer Debt Index
With rising interest rates and high borrowing costs remaining a challenge for households, Atlantic Canadians are feeling more pessimistic about their debt than any other province, according to the latest MNP Consumer Debt Index.
Read More arrow_forwardDebt outlook bleak in PEI; significantly more Atlantic Canada households anticipate struggling with further interest rate increases
18/10/2023
Walter MacKinnon
MNP Consumer Debt Index
From near zero to the highest interest rates in more than two decades, the latest MNP Consumer Debt Index finds significantly more Atlantic Canadians anticipate struggling with further rate hikes.
Read More arrow_forwardImpact of another interest rate increase: Seven in 10 Manitoba and Saskatchewan residents say they will be in financial trouble
18/10/2023
Tanya Reynolds
MNP Consumer Debt Index
Significantly more Manitoba and Saskatchewan residents anticipate struggling with further rate hikes as interest rates reach the highest point in over two decades, according to the latest MNP Consumer Debt Index.
Read More arrow_forwardPrince Edward Islanders regret about debt soars amidst rising rates and affordability struggles
10/07/2023
Walter MacKinnon
MNP Consumer Debt Index
With rising interest rates and high borrowing costs remaining a challenge for households, Atlantic Canadians are feeling more pessimistic about their debt than any other province, according to the latest MNP Consumer Debt Index.
Read More arrow_forwardManitoba and Saskatchewan feeling the strain of inflation, increased cost of living
10/07/2023
Tanya Reynolds
MNP Consumer Debt Index
Amid rising interest rates and a challenging cost of living households, the proportion of Manitoba and Saskatchewan residents who report being close to insolvency has crept up since last quarter, according to the latest MNP Consumer Debt Index.
Read More arrow_forwardQuebecers’ debt outlook reaches lowest point in five years; significantly more anticipate struggling with further interest rate increases
18/10/2023
Frederic Lachance
MNP Consumer Debt Index
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.
Read More arrow_forwardQuebecers’ concern and regret about debt soars amidst rising rates and affordability struggles
10/07/2023
Frederic Lachance
MNP Consumer Debt Index
With interest rates rising and borrowing costs remaining a challenge for households, the proportion of Quebecers who feel anxious about debt has reached an all-time high.
Read More arrow_forwardNumber of insolvent Ontarians who are unable to cover their bills and debt obligations reaches an all-time high
10/07/2023
Caryl Newbery-Mitchell
MNP Consumer Debt Index
Amid rising interest rates and a challenging cost of living, the proportion of Ontarians who report being insolvent has reached an all-time high, according to the latest MNP Consumer Debt Index.
Read More arrow_forwardCanadians’ debt outlook reaches lowest point in five years
18/10/2023
Grant Bazian
MNP Consumer Debt Index
More Canadians report their current and expected debt situation is deteriorating.
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