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MNP Debt Blog

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

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The latest MNP Consumer Debt Index has dropped to 79 points, a staggering 10-point decline from last quarter.

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According to the latest MNP Consumer Debt Index, more than half of Quebecers (53%) are $200 or less away from insolvency.

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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 latest MNP Consumer Debt Index which...

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In recent years, Canadians have grown accustomed to low interest rates. The Bank of Canada used low interest rates to encourage spending and spur economic activity during the pandemic. However, 2022 marked a sharp and painful turn for many. To combat...

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New Brunswickers on the economy: More than half say the worst is yet to come

Personal finances continue to be a major source of stress for Atlantic Canadians. More than half anticipate the situation will continue to deteriorate, according to the latest MNP Consumer Debt Index conducted quarterly by Ipsos.

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Newfoundland

Personal finances continue to be a major source of stress for Atlantic Canadians. More than half anticipate the situation will continue to deteriorate, according to the latest MNP Consumer Debt Index conducted quarterly by Ipsos.

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Personal finances continue to be a major source of stress for Atlantic Canadians. More than half anticipate the situation will continue to deteriorate, according to the latest MNP Consumer Debt Index conducted quarterly by Ipsos.

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