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Canadians’ concern about debt, ability to pay bills reach all-time high
10/07/2023
Grant Bazian
MNP Consumer Debt Index
As interest rates move upwards and the cost of living remains a challenge for households, the proportion of Canadians who report being insolvent has reached an all-time high, according to the latest MNP Consumer Debt Index.
Rising cost of living forces Saskatchewan and Manitoba residents to make tough sacrifices
16/10/2024
Tanya Reynolds
MNP Consumer Debt Index
According to the latest MNP Consumer Debt Index, conducted quarterly by Ipsos, a quarter (26%) of Manitoba and Saskatchewan residents report turning to bill-splitting strategies such as carpooling, buying in bulk, sharing subscriptions and childcare, and living with others.
Prince Edward Islanders regret about debt soars amidst rising rates and affordability struggles
10/07/2023
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.
Number of British Columbians who are $200 away from being unable to pay their bills spikes amidst rising rates and affordability struggles
10/07/2023
Linda Paul
MNP Consumer Debt Index
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.
New Brunswickers regret about debt soars amidst rising rates and affordability struggles
10/07/2023
Tara Silliker
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.
Number of insolvent Ontarians who are unable to cover their bills and debt obligations reaches an all-time high
10/07/2023
Caryl Newbery-Mitchell
MNP Consumer Debt Index
Amid rising interest rates and a challenging cost of living, the proportion of Ontarians who report being insolvent has reached an all-time high, according to the latest MNP Consumer Debt Index.
Nova 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.
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.
Newfoundlanders regret about debt soars amidst rising rates and affordability struggles
10/07/2023
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.
Manitoba and Saskatchewan feeling the strain of inflation, increased cost of living
10/07/2023
Tanya Reynolds
MNP Consumer Debt Index
Amid rising interest rates and a challenging cost of living households, the proportion of Manitoba and Saskatchewan residents who report being close to insolvency has crept up since last quarter, according to the latest MNP Consumer Debt Index.
