More than half of Prince Edward Islanders say interest rates will need to drop much further before their financial situation significantly improves

Atlantic Canadians are feeling pessimistic about their personal finances, despite the recent interest rate cut by the Bank of Canada.

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Rising cost of living forces Newfoundland and Labradorians to make tough sacrifices: Three in 10 are eating less to save, sharing expenses from housing to carpooling, childcare and groceries

According to the latest MNP Consumer Debt Index, conducted quarterly by Ipsos, nearly a third (32%) of Atlantic Canadians report turning to bill-splitting strategies such as carpooling, buying in bulk, sharing subscriptions and childcare, and living with others.

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Two-thirds of Manitoba and Saskatchewan residents say interest rates will need to drop much further before their financial situation significantly improves — more than any other province

Manitoba and Saskatchewan residents are feeling more pessimistic about their personal finances this quarter, despite the recent interest rate cut by the Bank of Canada.

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Rising cost of living forces Prince Edward Islanders to make tough sacrifices: Three in 10 are eating less to save, sharing expenses from housing to carpooling, childcare and groceries

According to the latest MNP Consumer Debt Index, conducted quarterly by Ipsos, nearly a third (32%) of Atlantic Canadians report turning to bill-splitting strategies such as carpooling, buying in bulk, sharing subscriptions and childcare, and living with others.

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Rising cost of living forces Quebecers to make tough sacrifices: One in five are eating less to save; nearly a third are sharing expenses from housing to carpooling, childcare, and groceries

According to the latest MNP Consumer Debt Index, conducted quarterly by Ipsos, nearly a third (30%) of Quebecers say they’ve turned to bill-splitting strategies such as carpooling, buying in bulk, sharing subscriptions and childcare.

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Rising cost of living forces Saskatchewan and Manitoba residents to make tough sacrifices

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.

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Low interest rates and rising costs leading many Canadians down ever-riskier path to borrow more

Six in 10 (58%) are at least somewhat likely to borrow more before the end of this year, including nearly four in 10 (37%) who say they’re inclined to use a credit card that already carries a balance.

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What is impulse spending and why is it so hard to avoid?

Everyone, except perhaps the most frugal among us, makes purchases from time to time which they hadn’t anticipated or planned for.

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