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MNP Debt Blog

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With interest rates rising and borrowing costs remaining a challenge for households, the proportion of Quebecers who feel anxious about debt has reached an all-time high.

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What we’ve learned over five years of the MNP Consumer Debt Index

The MNP Consumer Debt Index celebrated its fifth anniversary in July 2023. The information we’ve collected over 25 quarterly surveys paints a detailed picture of how Canadians feel about their finances and individual debt situations.

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From near zero to the highest interest rates in more than two decades, the latest MNP Consumer Debt Index finds British Columbians are concerned about what further rate hikes could mean for their finances.

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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.

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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.

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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.

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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.

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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.

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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.

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