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MNP Debt Blog

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Three-quarters (76%) say they have cut back on spending due to economic uncertainty — more than those in any other province.

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Three-quarters (76%) say they have cut back on spending due to economic uncertainty — more than those in any other province.

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Autumn sunset in rural Saskatchewan.

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

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Winnipeg skyline in autumn

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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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, 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.

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Canadians’ concern about debt, ability to pay bills reach all-time high

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.

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According to the latest MNP Consumer Debt Index, conducted quarterly by Ipsos, a quarter (26%) of Manitoba and Saskatchewan residents report turning to bill-splitting strategies such as carpooling, buying in bulk, sharing subscriptions and childcare,...

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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.

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Rising cost of living forces New Brunswickers to make tough sacrifices

According to the latest MNP Consumer Debt Index, conducted quarterly by Ipsos, nearly a third (32%) of Atlantic Canadians report turning to bill-splitting strategies such as carpooling, buying in bulk, sharing subscriptions and childcare, and living with...

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