MNP Debt Blog
Three-quarters of Prince Edward Islanders have cut spending or postponed major purchases
14/04/2025
Tara Silliker
MNP Consumer Debt Index
Three-quarters (76%) say they have cut back on spending due to economic uncertainty — more than those in any other province.
Read More arrow_forwardThree 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_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.
Read More arrow_forwardNearly three-quarters of British Columbians have cut spending or postponed major purchases as they take steps to safeguard their finances amid economic uncertainty
14/04/2025
Linda Paul
MNP Consumer Debt Index
Nearly three-quarters say they have cut back on spending (74%) and are delaying major purchases or investments (75%), according to the latest MNP Consumer Debt Index.
Read More arrow_forwardMore than half (53%) of British Columbians within $200 of insolvency; up 14 points since December, reaching a five-year high
08/04/2021
Linda Paul
MNP Consumer Debt Index
MNP Consumer Debt Index reveals declining financial confidence and increasing debt concerns among British Columbians due to pandemic
18/01/2021
Linda Paul
MNP Consumer Debt Index
Now in its fifteenth wave, the MNP Consumer Debt Index found more than half (52%) of British Columbians regret the amount of debt they have taken on, a five-point jump since September and the largest proportion compared to the other provinces.
Read More arrow_forwardMore than half (54%) of Ontarians within $200 of financial insolvency; up 13 points since December, reaching a five-year high
08/04/2021
Caryl Newbery-Mitchell
MNP Consumer Debt Index
More than half (54%) say they are $200 or less from not being able to cover their monthly bills and debt obligations, a whopping 13-point jump from December. Compared to the other provinces, Ontarians are the most likely (32%, +10pts) to report they are...
Read More arrow_forwardMore than half (52%) of Albertans within $200 of financial insolvency; up 10 points since December
08/04/2021
MNP Consumer Debt Index
More than half (52%) say they are $200 or less away 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 (31%, +6pts) who report they are already insolvent with...
Read More arrow_forwardNova Scotians among six in 10 (58%) Atlantic Canadians within $200 of financial insolvency; up three points since December, reaching a five-year high
08/04/2021
Tina Powell
MNP Consumer Debt Index
Nearly 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.
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