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MNP Debt Blog

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Ontarians’ anxiety about their debt situation is building amid rising interest rates, persistent inflation, and heightened affordability concerns.

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

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Two-thirds of Saskatchewan and Manitoba residents (65%, +5 pts) say they desperately need interest rates to go down following two consecutive interest rate pauses, according to the latest MNP Consumer Debt Index.

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Nearly two-thirds of Quebecers say they desperately need interest rates to go down (63%, -2 pts), according to the latest MNP Consumer Debt Index.

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Two-thirds of Manitoba and Saskatchewan residents (65%, +5 pts) say they desperately need interest rates to go down following two consecutive interest rate pauses, according to the latest MNP Consumer Debt Index.

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