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MNP Debt Blog

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The quarterly MNP Consumer Debt Index has taken a drastic plunge to 77 points, dropping a record 15 points from last quarter and marking an all-time low since the Index was created more than five years ago.

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

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

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

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

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

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

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

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

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Higher interest rates, instability globally and uncertainty in the new year economically… many households look to 2023 as a year of struggling to make it from one financial obligation to the next. This is especially true for single income families....

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