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Manitoba and Saskatchewan residents’ confidence in personal finances, debt repayment abilities plummets amid pandemic fatigue and uncertainty
17/01/2022
Tanya Reynolds
MNP Consumer Debt Index
Manitoba and Saskatchewan residents’ confidence in their personal finances has plummeted as uncertainty and pandemic fatigue continue to build amid the spread of the COVID-19.
More than half (52%) of Albertans within $200 of financial insolvency; up 10 points since December
08/04/2021
MNP Consumer Debt Index
More than half (52%) say they are $200 or less away from not being able to meet all of their bills and debt obligations each month, a whopping 10-point jump from December. This includes three in 10 (31%, +6pts) who report they are already insolvent with no money left to cover their payments at month-end.
Nearly half of Albertans doubtful they can cover living expenses this year without going into further debt, highest level in three years
19/07/2021
MNP Consumer Debt Index
The quarterly poll conducted by Ipsos on behalf of MNP LTD finds almost half (45%, +5pts since March) are not confident they’ll be able to cover all living and family expenses in the next 12 months without spending on credit.
Quebecers’ confidence in personal finances, debt repayment abilities waning amid pandemic fatigue and uncertainty
17/01/2022
Frederic Lachance
MNP Consumer Debt Index
Quebecers report waning confidence in their personal finances as uncertainty and pandemic fatigue continue to build amid the spread of the Omicron COVID-19 variant, according to the MNP Consumer Debt Index.
Nova Scotians among six in 10 (58%) Atlantic Canadians within $200 of financial insolvency; up three points since December, reaching a five-year high
08/04/2021
Tina Powell
MNP Consumer Debt Index
Nova Scotians feeling flush and ready to spend as concern about debt and personal finances eases post-pandemic
19/07/2021
Tina Powell
MNP Consumer Debt Index
The MNP Consumer Debt Index finds a third (32%) say they plan to spend more than normal on things such as travel, dining, and entertainment as they re-engage with the economy.
New Brunswickers among six in 10 (58%) Atlantic Canadians within $200 of financial insolvency; up three points since December, reaching a five-year high
08/04/2021
Tara Silliker
MNP Consumer Debt Index
MNP Consumer Debt Index hits record low amid growing concern about debt and rising interest rates among Canadians
18/04/2022
Grant Bazian
MNP Consumer Debt Index
The enduring financial impacts of COVID-19 coupled with the pressures of rising interest rates and a higher cost of living are weighing down Canadians’ confidence in their personal finances, according to the MNP Consumer Debt Index which is conducted quarterly by Ipsos on behalf of MNP LTD.
Newfoundlanders among six in 10 (58%) Atlantic Canadians within $200 of financial insolvency; up three points since December, reaching a five-year high
08/04/2021
Greg Gosse
MNP Consumer Debt Index
Over half of Newfoundlanders are $200 or less away from insolvency, cannot pay their bills each month
13/10/2020
Greg Gosse
MNP Consumer Debt Index
COVID-19
The latest MNP Consumer Debt Index points to debt trouble in Atlantic Canada, particularly as payment deferrals and government emergency aid programs change or wind down.
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