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MNP Debt Blog

More than half 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.

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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.

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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.

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The latest MNP Consumer Debt Index has dropped to 79 points, a staggering 10-point decline from last quarter.

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According to the latest MNP Consumer Debt Index, more than half of Quebecers (53%) are $200 or less away from insolvency.

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Ontarians are feeling more pessimistic about their personal finances heading into 2025, despite declining interest rates.

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Manitoba and Saskatchewan residents are bracing for rising financial challenges in 2026, with seven in 10 (72%) expecting the cost of living to worsen.

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A snowy wooden boardwalk leading through a forest beside a frozen lake with mountains in the background.

MNP Consumer Debt Index shows Quebecers are bracing for a challenging 2026

Quebecers are bracing for rising financial challenges in 2026, with the majority (67%) expecting the cost of living to worsen.

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The financial vulnerability of Manitoba and Saskatchewan residents is intensifying as their financial cushions shrink and more households edge closer to insolvency.

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Many British Columbians continue to navigate the effects of ongoing economic uncertainty as conditions continue to shift, reshaping household behaviours.

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