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Saskatchewan and Manitoba feeling the strain of inflation, increased cost of living
10/07/2023
Pamela Meger
MNP Consumer Debt Index
Amid rising interest rates and a challenging cost of living households, the proportion of Saskatchewan and Manitoba residents who report being close to insolvency has crept up since last quarter.
Read More arrow_forwardNewfoundlanders regret about debt soars amidst rising rates and affordability struggles
10/07/2023
Greg Gosse
MNP Consumer Debt Index
With rising interest rates and high borrowing costs remaining a challenge for households, Atlantic Canadians are feeling more pessimistic about their debt than any other province, according to the latest MNP Consumer Debt Index.
Read More arrow_forwardNova Scotians regret about debt soars amidst rising rates and affordability struggles
10/07/2023
Tina Powell
MNP Consumer Debt Index
With rising interest rates and high borrowing costs remaining a challenge for households, Atlantic Canadians are feeling more pessimistic about their debt than any other province, according to the latest MNP Consumer Debt Index.
Read More arrow_forwardMNP Consumer Debt Index reveals declining financial confidence and increasing debt concerns among Nova Scotians as a result of the pandemic
18/01/2021
Tina Powell
MNP Consumer Debt Index
Now in its fifteenth wave, the MNP Consumer Debt Index, which is conducted quarterly by Ipsos on behalf of MNP LTD, finds nearly half (47%) of Atlantic Canadians are not confident they can cover their living expenses for the next year without going further...
Read More arrow_forwardMay 2021 Debt Index Update (MNP 3 Minute Debt Break Podcast)
19/05/2021
MNP Consumer Debt Index
As pandemic-related government aid and loan deferral programs begin to wind down, the latest MNP Consumer Debt Index finds the number of Canadians hovering close to financial insolvency has reached a five-year high.
Read More arrow_forwardLow interest rates and rising costs leading many Canadians down ever-riskier path to borrow more
04/10/2021
Grant Bazian
MNP Consumer Debt Index
Six in 10 (58%) are at least somewhat likely to borrow more before the end of this year, including nearly four in 10 (37%) who say they’re inclined to use a credit card that already carries a balance.
Read More arrow_forwardJanuary Debt Index Update (MNP 3 Minute Debt Break)
04/02/2021
MNP Consumer Debt Index
Nearly half of Canadians doubtful they can cover living expenses this year without going into further debt, highest level in three years
19/07/2021
Grant Bazian
MNP Consumer Debt Index
The quarterly poll conducted by Ipsos on behalf of MNP LTD, finds almost half of households (45%, +6) are not confident they’ll be able to cover all living and family expenses in the next 12 months without taking on more debt.
Read More arrow_forwardNearly half of Quebecers doubtful they can cover living expenses this year without going further into debt (46%, up 9 points)
19/07/2021
Frederic Lachance
MNP Consumer Debt Index
The quarterly poll conducted by Ipsos on behalf of MNP LTD finds almost half (46%) of households in the province are not confident they’ll be able to cover all living and family expenses in the next 12 months without spending on credit.
Read More arrow_forwardNearly half of Ontarians doubtful they can cover living expenses this year without going further into debt, highest since December 2019
19/07/2021
Caryl Newbery-Mitchell
MNP Consumer Debt Index
The quarterly poll conducted by Ipsos on behalf of MNP LTD finds almost half (46%, +6pts since March) are not confident they’ll be able to cover all living and family expenses in the next 12 months without spending on credit.
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