MNP Debt Blog

From near zero to the highest interest rates in over two decades, the latest MNP Consumer Debt Index reveals that significantly more Quebecers anticipate struggling with further rate hikes.

More Canadians report their current and expected debt situation is deteriorating.

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.

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.

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.

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.

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.

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.

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.