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MNP Debt Blog

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The number of Atlantic Canadians who say they are now $200 or less away from being insolvent at month end has dropped seven points since September to 49 percent, according to the latest MNP Consumer Debt Index conducted quarterly by Ipsos.

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Manitoba and Saskatchewan residents see blue skies on the horizon heading into the new year and beyond as more expect their debt situation to improve, according to the latest MNP Consumer Debt Index conducted quarterly by Ipsos.

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MNP Consumer Debt Index: October 2019 Results Summary

Canadians who find themselves in serious financial trouble could be digging themselves into a deeper hole by not seeking help when they need it.

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Despite the Bank of Canada stating it will keep interest rates stable until next year, nearly half (48%) of British Columbians say they are more concerned about their ability to repay debts than they used to be.

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Despite the Bank of Canada stating it will keep interest rates stable until next year, more than 6 in 10 (62%) Atlantic Canadians say they are more concerned about their ability to repay debts than they used to be — the highest proportion compared to...

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Despite the Bank of Canada stating it will keep interest rates stable until next year, more than half (54%) of Manitoba and Saskatchewan residents say they are more concerned about their ability to repay debts than they used to be.

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Despite the Bank of Canada stating it will keep interest rates stable until next year, more than half (54%) of Saskatchewan and Manitoba residents say they are more concerned about their ability to repay debts than they used to be.

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Despite the Bank of Canada stating it will keep interest rates stable until next year, more than half (55%) of Ontarians say they are more concerned about their ability to repay their debts than they used to be.

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Despite the Bank of Canada stating it will keep interest rates stable until next year, more than half (54%) of Canadians say they are more concerned about their ability to repay their debts than they used to be.

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Despite the Bank of Canada stating it will keep interest rates stable until next year, more than half (51%) of Quebec residents say they are more concerned about their ability to repay debts than they used to be.

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