MNP Debt Blog

Amid heightened affordability concerns, the proportion of Atlantic Canadians that are worried about making debt payments jumped nine points compared to last quarter.

Ontarians have less left in their wallets this quarter as the surging cost of living has chipped away at household budgets, according to the latest MNP Consumer Debt Index.

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

With rising interest rates and the cost of living remaining a challenge for B.C. households, the proportion who report being close to insolvency has spiked.

Significantly more Saskatchewan and Manitoba residents anticipate struggling with further rate hikes as interest rates reach the highest point in over two decades, according to the latest MNP Consumer Debt Index.

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

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.

Significantly more Albertans anticipate struggling with further rate hikes as interest rates reach the highest point in over two decades, according to the latest MNP Consumer Debt Index.

Amid rising interest rates moving upwards and a challenging cost of living for households, the proportion of Albertans who are concerned about their ability to pay their debts has reached an all-time high.

From near zero to the highest interest rates in more than two decades, the latest MNP Consumer Debt Index finds significantly more Atlantic Canadians anticipate struggling with further rate hikes.