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MNP Debt Blog

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The impact of this year’s consecutive interest rate hikes and persistent inflation is becoming clear, as Canadians are seeing the effect on their wallets.

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More than half of Atlantic Canadians (54%) say they are concerned about their current debt level according to the latest MNP Consumer Debt Index.

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More than half of Atlantic Canadians (54%) say they are concerned about their current debt level according to the latest MNP Consumer Debt Index.

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More than half of Atlantic Canadians (54%) say they are concerned about their current debt level according to the latest MNP Consumer Debt Index.

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Younger adults and lower-income households are most likely to report stress, stalled life plans, and living paycheque to paycheque.

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More than half of Atlantic Canadians (54%) say they are concerned about their current debt level according to the latest MNP Consumer Debt Index.

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The enduring financial impacts of COVID-19 coupled with the pressures of rising interest rates and a higher cost of living are weighing down Canadians’ confidence in their personal finances, according to the MNP Consumer Debt Index which is conducted...

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