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MNP Debt Blog

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Saskatchewan Residents Show Optimism Despite Persistent Debt Struggles

A recent Ipsos poll conducted by MNP LTD. finds Saskatchewan residents are finding it difficult to make ends meet – especially when compared to other provinces.

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Fewer Saskatchewan residents are hovering close to financial insolvency than was the case just a few months ago, according to the latest MNP Consumer Debt Index; a quarterly survey conducted by Ipsos on behalf of MNP LTD.

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According to a recent Ipsos poll conducted by MNP LTD., British Columbians are particularly worried that rising interest rates will impact their ability to repay debts, with 58 percent expressing concern.

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Survey Results April 2017

Survey Results August 2017

Survey Results July 2017

Survey Results May 2017

Survey Results October 2017

The number of consumer insolvencies per thousand residents in Winnipeg, aged 18 years or above, hit 3.1 in 2018 – rising to the highest level since 2010, when it also sat at 3.1.

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The insolvency rate in the area, which had been declining since 2010, took a slight uptick to 3.4 per cent in 2018.

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