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MNP Debt Blog

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Ontarians on the economy: Half say the worst is yet to come

Personal finances continue to be a major source of stress for Ontarians. Half anticipate that the situation will continue to deteriorate, according to the latest MNP Consumer Debt Index conducted quarterly by Ipsos.

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Living beyond our means can lead to financial disaster. The increasing accessibility of credit cards and online banking makes it easier than ever to overspend. Rising costs of goods and social media pressures to keep up appearances can make it worse....

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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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Nova Scotians 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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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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Debt and Divorce (3 Minute Debt Break)

Debt by itself can be a scary thing. Coupled with divorce, it can seem over whelming. Financial issues are a leading contributor to marital breakdown, and it can often be difficult to be on the same page when it comes to settling loans, credit cards and...

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The MNP Consumer Debt Index for January 2023 is in… and the Index has plunged 15 points from last quarter and is now at an all-time low. The unprecedented quarterly decline underscores the anxiety Canadians feel about their debt situation amid...

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