MNP Debt Blog
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More than half of Quebecers are concerned about ability to pay their debts as interest rates rise, jumping six points since December
18/04/2022
Frederic Lachance
MNP Consumer Debt Index
Enduring financial impacts of COVID-19, coupled with the pressures of rising interest rates and increases in the cost of living are weighing down Quebecers’ confidence in their personal finances, according to the MNP Consumer Debt Index, which is conducted...
Read More arrow_forwardConsumer Debt Index highlights impact of affordability crisis: More Nova Scotians say necessities such as food, housing and transportation are less affordable
03/10/2022
Tina Powell
MNP Consumer Debt Index
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 arrow_forwardConsumer Debt Index highlights impact of affordability crisis: More New Brunswickers say necessities such as food, housing and transportation are less affordable
03/10/2022
Tara Silliker
MNP Consumer Debt Index
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 arrow_forwardConsumer Debt Index highlights impact of affordability crisis: More Newfoundlanders say necessities such as food, housing and transportation are less affordable
03/10/2022
Greg Gosse
MNP Consumer Debt Index
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 arrow_forwardThe 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 arrow_forwardMNP Consumer Debt Index plunges to 79 points, the second-lowest level ever recorded
13/01/2025
Grant Bazian
MNP Consumer Debt Index
The latest MNP Consumer Debt Index has dropped to 79 points, a staggering 10-point decline from last quarter.
Read More arrow_forwardSeven in 10 Quebecers urgently need interest rates to go down despite interest rate cuts, more than those in any other province
13/01/2025
Frederic Lachance
MNP Consumer Debt Index
According to the latest MNP Consumer Debt Index, more than half of Quebecers (53%) are $200 or less away from insolvency.
Read More arrow_forwardEscalating financial concerns in Ontario: Nearly three in five fear they can't repay debts despite interest rate cuts, worries over job loss and Bankruptcy increase
13/01/2025
Caryl Newbery-Mitchell
MNP Consumer Debt Index
Ontarians are feeling more pessimistic about their personal finances heading into 2025, despite declining interest rates.
Read More arrow_forwardMore than half (53%) of Canadians within $200 of financial insolvency; up 10 points since December, reaching a five-year high
08/04/2021
Grant Bazian
MNP Consumer Debt Index
More than half (53%) say they are $200 or less from not being able to meet all of their bills and debt obligations each month, a whopping 10-point jump from December. This includes three in 10 (30%, +7pts) who report they are already insolvent with no...
Read More arrow_forwardOver half (53%) of Quebecers within $200 of financial insolvency; up six points since December
07/04/2021
Frederic Lachance
MNP Consumer Debt Index
Fifty-three percent say they are $200 or less away from not being able to meet all of their monthly bills and debt obligations, a six-point jump from December. This includes three in 10 (30%, +3pts) who report already being insolvent with no money left...
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