MNP Debt Blog
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Three in five Quebecers concerned about repaying debts amid high interest rates and inflation, revealing financial strain and mental health impact
08/01/2024
Frederic Lachance
MNP Consumer Debt Index
The impact of inflation and higher interest rates is leaving Quebecers feeling pessimistic about their current debt situation, according to the latest MNP Consumer Debt Index.
Read More arrow_forwardThree in five Ontarians concerned about repaying debts amid high interest rates and inflation, revealing financial strain and mental health impact
08/01/2024
Caryl Newbery-Mitchell
MNP Consumer Debt Index
The impact of inflation and higher interest rates is leaving Ontarians feeling pessimistic about their current debt situation, according to the latest MNP Consumer Debt Index.
Read More arrow_forwardCanadians’ concern about debt, ability to pay bills reach all-time high
10/07/2023
Grant Bazian
MNP Consumer Debt Index
As interest rates move upwards and the cost of living remains a challenge for households, the proportion of Canadians who report being insolvent has reached an all-time high, according to the latest MNP Consumer Debt Index.
Read More arrow_forwardNearly half of Canadians doubtful they can cover living expenses this year without going into further debt, highest level in three years
19/07/2021
Grant Bazian
MNP Consumer Debt Index
The quarterly poll conducted by Ipsos on behalf of MNP LTD, finds almost half of households (45%, +6) are not confident they’ll be able to cover all living and family expenses in the next 12 months without taking on more debt.
Read More arrow_forwardNew Brunswickers are among the most concerned about their ability to pay debts as interest rates rise, jumping six points since December to 68 percent
18/04/2022
Tara Silliker
MNP Consumer Debt Index
COVID-19’s enduring financial impact along with the pressures of rising interest rates and the increased cost of living are weighing down Atlantic Canadians’ confidence in their personal finances, according to the MNP Consumer Debt Index which...
Read More arrow_forwardNewfoundlanders are among the most concerned about their ability to pay debts as interest rates rise, jumping six points since December to 68 percent
18/04/2022
Greg Gosse
MNP Consumer Debt Index
COVID-19’s enduring financial impact along with the pressures of rising interest rates and the increased cost of living are weighing down Atlantic Canadians’ confidence in their personal finances, according to the MNP Consumer Debt Index which...
Read More arrow_forwardRising cost of living forces Canadians to make tough sacrifices: Three in 10 are eating less to save, sharing expenses from housing to carpooling, childcare and groceries
16/10/2024
Grant Bazian
MNP Consumer Debt Index
According to the latest MNP Consumer Debt Index, conducted quarterly by Ipsos, nearly a third (30%) of Canadians say they have turned to bill-splitting strategies — such as carpooling, buying in bulk, sharing subscriptions, and childcare.
Read More arrow_forwardRising cost of living forces British Columbians to make tough sacrifices: more than one-third are eating less to save money
16/10/2024
Linda Paul
MNP Consumer Debt Index
According to the latest MNP Consumer Debt Index, conducted quarterly by Ipsos, British Columbians are more likely than any other province (38%) to report turning to bill-splitting strategies such as carpooling, buying in bulk, sharing subscriptions and...
Read More arrow_forwardRising cost of living forces Ontarians to make tough sacrifices
16/10/2024
Caryl Newbery-Mitchell
MNP Consumer Debt Index
According to the latest MNP Consumer Debt Index, conducted quarterly by Ipsos, a quarter (26%) of Ontarians have turned to bill-splitting strategies such as carpooling, buying in bulk, sharing subscriptions and childcare, and living with others.
Read More arrow_forwardMNP Consumer Debt Index rebounds as Canadians take steps to safeguard their finances amid economic uncertainty
14/04/2025
Grant Bazian
MNP Consumer Debt Index
The latest MNP Consumer Debt Index has rebounded to 88 points, a nine-point increase from the previous quarter, signaling a more optimistic outlook on Canadians’ personal finances.
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