MNP Debt Blog
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Nearly 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_forwardNearly half of Albertans doubtful they can cover living expenses this year without going into further debt, highest level in three years
19/07/2021
MNP Consumer Debt Index
The quarterly poll conducted by Ipsos on behalf of MNP LTD finds almost half (45%, +5pts 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_forwardNearly half of British Columbians doubtful they can cover living expenses this year without going further into debt (47%, + 9 points)
19/07/2021
Linda Paul
MNP Consumer Debt Index
The quarterly poll conducted by Ipsos on behalf of MNP LTD finds British Columbians are the most likely (47%, +9pts since March) to say they are not confident they’ll be able to cover all living and family expenses in the next 12 months without...
Read More arrow_forwardLow interest rates and rising costs leading many Ontarians down ever-riskier path to borrow more
04/10/2021
Caryl Newbery-Mitchell
Six in 10 Ontarians 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_forwardLow interest rates and rising costs leading many Manitoba and Saskatchewan residents down ever-risker path to borrow more
04/10/2021
Tanya Reynolds
MNP Consumer Debt Index
More than half are likely to pile on more consumer debt before the end of the year, including one in 10 who will use buy now, pay later options.
Read More arrow_forwardLow interest rates and rising costs leading many Saskatchewan and Manitoba residents down ever-riskier path to borrow more
04/10/2021
Pamela Meger
MNP Consumer Debt Index
More than half are likely to pile on more consumer debt before the end of the year, including one in 10 who will use buy now, pay later options.
Read More arrow_forwardLow interest rates and rising costs leading many Quebecers down an ever-riskier path to borrow more
04/10/2021
Frederic Lachance
MNP Consumer Debt Index
Six in 10 Quebecers 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_forwardRising cost of living forces Quebecers to make tough sacrifices: One in five are eating less to save; nearly a third are sharing expenses from housing to carpooling, childcare, and groceries
16/10/2024
Frederic Lachance
MNP Consumer Debt Index
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.
Read More arrow_forwardAlbertans’ concern about ability to pay debt reaches all-time high amidst rising rates and affordability struggles
10/07/2023
MNP Consumer Debt Index
Amid rising interest rates moving upwards and a challenging cost of living for households, the proportion of Albertans who are concerned about their ability to pay their debts has reached an all-time high.
Read More arrow_forwardNumber of British Columbians who are $200 away from being unable to pay their bills spikes amidst rising rates and affordability struggles
10/07/2023
Linda Paul
MNP Consumer Debt Index
With rising interest rates and the cost of living remaining a challenge for B.C. households, the proportion who report being close to insolvency has spiked.
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