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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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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.

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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.

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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.

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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.

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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.

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

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Manitoba and Saskatchewan residents’ confidence in their personal finances has plummeted as uncertainty and pandemic fatigue continue to build amid the spread of the COVID-19.

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Canadians are showing record-low confidence levels when it comes to their personal finances and debt repayment abilities.

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