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MNP Debt Blog

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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Two-thirds of British Columbians (67%, +2 pts) say they desperately need interest rates to go down despite two consecutive interest rate pauses, according to the latest MNP Consumer Debt Index.

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Two in five Ontarians (43%) report they are $200 or less away from financial insolvency each month, increasing five points this quarter, according to the latest MNP Consumer Debt Index.

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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 half of Albertans (47%, +2 pts) report they are $200 or less away from financial insolvency each month — more than those in any other province — according to the latest MNP Consumer Debt Index.

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view of Quebec Bridge and Pierre Laporte Bridge over St Lawrence River at sunset

Many Quebecers are feeling the effects of ongoing economic uncertainty as conditions continue to evolve, reshaping household behaviours.

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