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MNP Debt Blog

Atlantic Canadians are feeling pessimistic about their personal finances, despite the recent interest rate cut by the Bank of Canada.

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Manitoba and Saskatchewan residents are feeling more pessimistic about their personal finances this quarter, despite the recent interest rate cut by the Bank of Canada.

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According to the latest MNP Consumer Debt Index, conducted quarterly by Ipsos, nearly a third (32%) of Atlantic Canadians report turning to bill-splitting strategies such as carpooling, buying in bulk, sharing subscriptions and childcare, and living with...

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According to the latest MNP Consumer Debt Index, conducted quarterly by Ipsos, nearly a third (30%) of Quebecers say they’ve turned to bill-splitting strategies such as carpooling, buying in bulk, sharing subscriptions and childcare.

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Nearly three-quarters say rising food and gas prices are straining their finances.

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The impact of this year’s persistent inflation and consecutive interest rate hikes is becoming clear as Atlantic Canadians’ concerns about the effect on their wallets skyrocket.

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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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The impact of this year’s persistent inflation and consecutive interest rate hikes is becoming clear as Atlantic Canadians’ concerns about the effect on their wallets skyrocket.

Read More

The impact of this year’s persistent inflation and consecutive interest rate hikes is becoming clear as Atlantic Canadians’ concerns about the effect on their wallets skyrocket.

Read More

The impact of this year’s persistent inflation and consecutive interest rate hikes is becoming clear as Atlantic Canadians’ concerns about the effect on their wallets skyrocket.

Read More
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