MNP Debt Blog
Rising 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_forwardLow interest rates and rising costs leading many Albertans down ever-riskier path to borrow more
04/10/2021
MNP Consumer Debt Index
Six in 10 Albertans 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_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...
Read More arrow_forwardMNP Consumer Debt Index reveals pandemic impact on personal finances and consumer debt in Manitoba and Saskatchewan
18/01/2021
MNP Consumer Debt Index
Now in its fifteenth wave, the MNP Consumer Debt Index finds four in 10 (42%) Manitoba and Saskatchewan residents are not confident they can cover their living expenses for the next year without going further into debt, a one-point drop from September....
Read More arrow_forwardMNP Consumer Debt Index Reaches Lowest Point Ever Recorded as COVID Lockdown Measures Continue
18/01/2021
Grant Bazian
MNP Consumer Debt Index
Now in its fifteenth wave, the MNP Consumer Debt Index has dropped to 89 points, the lowest point since it was introduced in June 2017.
Read More arrow_forwardMNP Consumer Debt Index finds declining financial confidence and increasing debt concerns among Quebecers as result of pandemic
18/01/2021
Frederic Lachance
MNP Consumer Debt Index
The quarterly MNP Consumer Debt Index, which is now in its fifteenth wave, finds nearly half (45%) of Quebecers are not confident they can cover their living expenses for the next year without going further into debt — a 12-point increase from September....
Read More arrow_forwardMNP Consumer Debt Index reveals pandemic impact on personal finances and consumer debt in Saskatchewan and Manitoba
18/01/2021
Pamela Meger
MNP Consumer Debt Index
Now in its fifteenth wave, the MNP Consumer Debt Index finds four in 10 (42%) Saskatchewan and Manitoba residents are not confident they can cover their living expenses for the next year without going further into debt, a one-point drop from September....
Read More arrow_forwardLow interest rates and rising costs leading many Newfoundlanders down ever-riskier path to borrow more
04/10/2021
MNP Consumer Debt Index
Six in 10 Atlantic Canadians 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 Nova Scotians down ever-riskier path to borrow more
04/10/2021
Tina Powell
MNP Consumer Debt Index
Six in 10 Atlantic Canadians 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_forward
