Six in 10 (59%) Manitoba and Saskatchewan residents within $200 of financial insolvency; up 16 points since December, reaching a five-year high

Six in 10 (59%) say they are $200 or less from not being able to pay all their bills and debt obligations each month — a whopping 16-point jump from December and the highest compared to the other provinces. This includes three in 10 (31%, +10pts) who report they are already insolvent with no money left to cover their payments at month-end.

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Consumer Debt Index highlights impact of affordability crisis: More New Brunswickers say necessities such as food, housing and transportation are less affordable

The impact of this year’s persistent inflation and consecutive interest rate hikes is becoming clear as Atlantic Canadians’ concerns about the effect on their wallets skyrocket.

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Consumer Debt Index highlights impact of affordability crisis: More Newfoundlanders say necessities such as food, housing and transportation are less affordable

The impact of this year’s persistent inflation and consecutive interest rate hikes is becoming clear as Atlantic Canadians’ concerns about the effect on their wallets skyrocket.

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More than half of British Columbians say they are already feeling the effects of interest rate increases, a six-point jump since December

British Columbians are feeling the enduring financial impacts of COVID-19 as well as the pressure of increased interest rates and a rising cost of living, according to the latest MNP Consumer Debt Index, which is conducted quarterly by Ipsos on behalf of MNP LTD.

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Consumer Debt Index highlights impact of affordability crisis: More Prince Edward Islanders say necessities such as food, housing and transportation are less affordable

The impact of this year’s persistent inflation and consecutive interest rate hikes is becoming clear as Atlantic Canadians’ concerns about the effect on their wallets skyrocket.

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More than half of Ontarians say they’re already feeling the effects of interest rate increases, up six points since December

COVID-19’s enduring financial impacts along with the pressures of increased interest rates and a rising cost of living are weighing down Ontarians’ confidence in their personal finances, according to the MNP Consumer Debt Index, which is conducted quarterly by Ipsos on behalf of MNP LTD.

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Consumer Debt Index highlights impact of affordability crisis: More Manitoba and Saskatchewan residents say necessities such as food, transportation and clothing are less affordable

The impact of this year’s persistent inflation and consecutive interest rate hikes is becoming clear as Manitoba and Saskatchewan residents voice concerns about the effect on their wallets.

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More than half of Saskatchewan and Manitoba residents say they’re already feeling the effects of interest rate increases, a seven-point jump since December

Saskatchewan and Manitoba residents are feeling the enduring financial impacts of COVID-19 along with the pressure of increased interest rates and a rising cost of living, according to the latest MNP Consumer Debt Index which is conducted quarterly by Ipsos on behalf of MNP LTD.

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Consumer Debt Index highlights impact of affordability crisis: More Quebecers say necessities such as food and transportation are less affordable

The impacts of this year’s persistent inflation and consecutive interest rate hikes are becoming clear as Quebec residents voice concerns about the effect on their wallets.

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Albertans feeling the effects of rising interest rates more than any other province, half say increases could drive them closer to Bankruptcy

Albertans are feeling the enduring financial impacts of COVID-19 along with the pressures of increased interest rates and a rising cost of living more than any other province, according to the latest MNP Consumer Debt Index, which is conducted quarterly by Ipsos on behalf of MNP LTD.

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