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MNP Debt Blog

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...

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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...

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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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The impact of inflation and higher interest rates is leaving Saskatchewan and Manitoba residents feeling the most pessimistic about their debt situation compared to the other provinces.

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The impact of inflation and higher interest rates is leaving Albertans feeling pessimistic about their debt.

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The impact of inflation and higher interest rates is leaving Atlantic Canadians feeling pessimistic about their debt.

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The impact of inflation and higher interest rates is leaving Atlantic Canadians feeling pessimistic about their debt.

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The impact of inflation and higher interest rates is leaving Atlantic Canadians feeling pessimistic about their debt.

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The impact of inflation and higher interest rates is leaving Atlantic Canadians feeling pessimistic about their debt.

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The impact of inflation and higher interest rates is leaving Manitoba and Saskatchewan residents feeling the most pessimistic about their debt situation compared to the other provinces, according to the latest MNP Consumer Debt Index.

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