MNP Debt Blog
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MNP Consumer Debt Index Reaches Lowest Point Ever Recorded as COVID Lockdown Measures Continue
18/01/2021
Grant Bazian
MNP Consumer Debt Index
Now in its fifteenth wave, the MNP Consumer Debt Index has dropped to 89 points, the lowest point since it was introduced in June 2017.
Read More arrow_forwardLow interest rates and rising costs leading many Albertans down ever-riskier path to borrow more
04/10/2021
Donna Carson
MNP Consumer Debt Index
Six in 10 Albertans are likely to pile on more consumer debt before the end of the year, including one in five who will use buy now, pay later options.
Read More arrow_forwardPrince Edward Islanders’ concerns about debt and interest rates ease, yet repayment anxiety persists for majority
08/04/2024
MNP Consumer Debt Index
The latest MNP Consumer Debt Index finds that Atlantic Canadians are feeling increasingly confident in their personal finances this quarter as interest rate concerns ease.
Read More arrow_forwardNewfoundland and Labradorians’ concerns about debt and interest rates ease, yet repayment anxiety persists for majority
08/04/2024
Greg Gosse
MNP Consumer Debt Index
The latest MNP Consumer Debt Index finds that Atlantic Canadians are feeling increasingly confident in their personal finances this quarter as interest rate concerns ease.
Read More arrow_forwardNearly half of Ontarians doubtful they can cover living expenses this year without going further into debt, highest since December 2019
19/07/2021
Caryl Newbery-Mitchell
MNP Consumer Debt Index
The quarterly poll conducted by Ipsos on behalf of MNP LTD finds almost half (46%, +6pts since March) are not confident they’ll be able to cover all living and family expenses in the next 12 months without spending on credit.
Read More arrow_forwardMore than half (53%) of British Columbians within $200 of insolvency; up 14 points since December, reaching a five-year high
08/04/2021
Linda Paul
MNP Consumer Debt Index
MNP Consumer Debt Index reveals declining financial confidence and increasing debt concerns among British Columbians due to pandemic
18/01/2021
Linda Paul
MNP Consumer Debt Index
Now in its fifteenth wave, the MNP Consumer Debt Index found more than half (52%) of British Columbians regret the amount of debt they have taken on, a five-point jump since September and the largest proportion compared to the other provinces.
Read More arrow_forwardMore than half (54%) of Ontarians within $200 of financial insolvency; up 13 points since December, reaching a five-year high
08/04/2021
Caryl Newbery-Mitchell
MNP Consumer Debt Index
More than half (54%) say they are $200 or less from not being able to cover their monthly bills and debt obligations, a whopping 13-point jump from December. Compared to the other provinces, Ontarians are the most likely (32%, +10pts) to report they are...
Read More arrow_forwardMore than half (52%) of Albertans within $200 of financial insolvency; up 10 points since December
08/04/2021
Donna Carson
MNP Consumer Debt Index
More than half (52%) say they are $200 or less away from not being able to meet all of their bills and debt obligations each month, a whopping 10-point jump from December. This includes three in 10 (31%, +6pts) who report they are already insolvent with...
Read More arrow_forwardNova Scotians among six in 10 (58%) Atlantic Canadians within $200 of financial insolvency; up three points since December, reaching a five-year high
08/04/2021
Tina Powell
MNP Consumer Debt Index
