MNP Debt Blog

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.

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.

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.

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.

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.

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.

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

Canadians’ current debt perception has reached an all-time low as t he latest MNP Consumer Debt Index drop s to 83 points — a decrease of three points from the last quarter .

From near zero to the highest interest rates in more than two decades, the latest MNP Consumer Debt Index finds British Columbians are concerned about what further rate hikes could mean for their finances.

The impact of inflation and higher interest rates is leaving British Columbians feeling pessimistic about their debt situation.