MNP Debt Blog
MNP Consumer Debt Index shows Newfoundland and Labradorians are bracing for a challenging 2026
12/01/2026
Karen Aylward
MNP Consumer Debt Index
Atlantic Canadians are bracing for rising financial challenges in 2026, with nearly seven in 10 (68%) expecting the cost of living to worsen.
Read More arrow_forwardNew Brunswickers 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
Tara Silliker
MNP Consumer Debt Index
New 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_forwardCOVID-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_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_forwardThree-quarters of Nova Scotians have cut spending or postponed major purchases
14/04/2025
Tina Powell
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 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_forwardThree-quarters of New Brunswickers 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.
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