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MNP Debt Blog

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Seven in 10 Quebecers urgently need interest rates to go down despite interest rate cuts, more than those in any other province

13/01/2025

Frederic Lachance

MNP Consumer Debt Index

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

Escalating financial concerns in Ontario: Nearly three in five fear they can't repay debts despite interest rate cuts, worries over job loss and Bankruptcy increase

13/01/2025

Caryl Newbery-Mitchell

MNP Consumer Debt Index

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

Rising 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.

Rising 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...

Rising cost of living forces Newfoundland and Labradorians to make tough sacrifices: Three in 10 are eating less to save, sharing expenses from housing to carpooling, childcare and groceries

16/10/2024

Karen Aylward

MNP Consumer Debt Index

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...

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.

Rising cost of living forces Albertans to make tough sacrifices: More than one-third are eating less to save, sharing expenses from housing to carpooling, childcare, and groceries

16/10/2024

Lindsay Burchill

MNP Consumer Debt Index

According to the latest MNP Consumer Debt Index, conducted quarterly by Ipsos, more than a third (37%) of Albertans report turning to bill-splitting strategies such as carpooling, buying in bulk, sharing subscriptions and childcare, and living with others....

Ontarians’ confidence in personal finances, debt repayment abilities waning amid pandemic fatigue and uncertainty

17/01/2022

Caryl Newbery-Mitchell

MNP Consumer Debt Index

Ontarians’ confidence in their personal finances is waning as uncertainty and pandemic fatigue continue to build amid the spread of the Omicron COVID-19 variant, according to the latest MNP Consumer Debt Index.

British Columbians’ confidence in personal finances, debt repayment abilities plummets amid pandemic fatigue and uncertainty

17/01/2022

Linda Paul

MNP Consumer Debt Index

British Columbians’ confidence in their personal finances has plummeted as uncertainty and pandemic fatigue continue to build amid the spread of the Omicron COVID-19 variant, according to the latest MNP Consumer Debt Index.

Saskatchewan and Manitoba residents’ confidence in personal finances, debt repayment abilities plummets amid pandemic fatigue and uncertainty

17/01/2022

Pamela Meger

MNP Consumer Debt Index

Personal finance confidence has plummeted in Saskatchewan and Manitoba as uncertainty and pandemic fatigue continue to build amid the spread of the COVID-19 Omicron variant.