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MNP Debt Blog

A recent Ipsos poll conducted on behalf of MNP LTD reveals higher costs and interest rates appear to be causing an isolation phenomenon, as two in five Quebecers say they’re staying home more often (41%) to save money.

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The quarterly poll conducted by Ipsos on behalf of MNP LTD finds almost half (46%) of households in the province are not confident they’ll be able to cover all living and family expenses in the next 12 months without spending on credit.

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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 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...

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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.

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The MNP Consumer Debt Index finds a third (32%) say they plan to spend more than normal on things such as travel, dining, and entertainment as they re-engage with the economy.

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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.

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The MNP Consumer Debt Index finds a third (32%) say they plan to spend more than normal on things such as travel, dining, and entertainment as they re-engage with the economy.

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Quebecers 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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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.

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