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Manitoba and Saskatchewan feeling the strain of inflation, increased cost of living

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.

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Quebecers’ concern and regret about debt soars amidst rising rates and affordability struggles

With interest rates rising and borrowing costs remaining a challenge for households, the proportion of Quebecers who feel anxious about debt has reached an all-time high.

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Number of insolvent Ontarians who are unable to cover their bills and debt obligations reaches an all-time high

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.

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Canadians’ debt outlook reaches lowest point in five years

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

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British Columbians grapple with inflation isolation: rising costs impacting mental health, increasing loneliness, isolation, stress, and anxiety

A recent Ipsos poll conducted on behalf of MNP LTD reveals that higher costs and interest rates appear to be causing an isolation phenomenon, with half of British Columbians saying they’re staying home more often (50%) to save money.

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Debt outlook bleak in Nova Scotia; significantly more Atlantic Canada households anticipate struggling with further interest rate increases

From near zero to the highest interest rates in more than two decades, the latest MNP Consumer Debt Index finds significantly more Atlantic Canadians anticipate struggling with further rate hikes.

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Three in five Saskatchewan and Manitoba residents concerned about repaying debts amid high interest rates and inflation, revealing financial strain and mental health impact

The impact of inflation and higher interest rates is leaving Saskatchewan and Manitoba residents feeling the most pessimistic about their debt situation compared to the other provinces.

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Prince Edward Islanders grapple with inflation isolation: rising costs impacting mental health, increasing loneliness, isolation, stress, and anxiety

A recent Ipsos poll conducted on behalf of MNP LTD reveals higher costs and interest rates appear to be causing an isolation phenomenon, with more than half of Atlantic Canadians saying they’re staying home more often (55%) to save money.

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Debt outlook bleak in New Brunswick; significantly more Atlantic Canada households anticipate struggling with further interest rate increases

From near zero to the highest interest rates in more than two decades, the latest MNP Consumer Debt Index finds significantly more Atlantic Canadians anticipate struggling with further rate hikes.

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Seven in 10 Albertans concerned about repaying debts amid high interest rates and inflation, revealing financial strain and mental health impact

The impact of inflation and higher interest rates is leaving Albertans feeling pessimistic about their debt.

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