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MNP Debt Blog

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Nearly half of Atlantic Canadians are teetering on the edge of financial insolvency heading into 2025, despite declining interest rates.

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Nearly half of Atlantic Canadians are teetering on the edge of financial insolvency heading into 2025, despite declining interest rates.

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Nearly half of Saskatchewan and Manitoba residents are teetering on the edge of financial insolvency heading into 2025, despite declining interest rates.

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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)...

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Nearly half of British Columbians are teetering on the edge of financial insolvency heading into 2025, despite declining interest rates.

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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)...

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