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COVID (MNP 3 Minute Debt Break)

The COVID-19 pandemic has shut down businesses, shaken the global economy and caused large job losses across the country. Thousands of Canadians are taking advantage of federal support measures and many are considering additional ideas to slow all the financial pressures they’re under.

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Consumer Debt Index highlights impact of affordability crisis: More British Columbians 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 British Columbians worry about the effect on their wallets.

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MNP Consumer Debt Index - July 2020 Update (MNP 3 Minute Debt Break)

It’s not something we’ve heard a lot of lately… but there is some financial optimism many Canadians are experiencing. It’s the financial “upside” to the pandemic thanks to relief measures and reduced spending.

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Consumer Debt Index highlights impact of affordability crisis: More Ontarians 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 Ontarians voice concerns about the effect on their wallets.

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Financial Scams (MNP 3 Minute Debt Break)

Financial scams have been around for decades. But they have never been as common and invasive as they are today. The internet, online banking and countless other technologies have enabled fraudsters to invade people’s lives and trick them into handing over money, personal information and access to personal electronic devices.

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Consumer Debt Index highlights impact of affordability crisis: More Saskatchewan and Manitoba 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 Saskatchewan and Manitoba residents voice concerns about the effect on their wallets.

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

The impact of this year’s persistent inflation and consecutive interest rate hikes are becoming clear as Albertans grow more worried about the effect on their wallets.

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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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Get up to speed quickly with the bite-sized insights you need to better manage your debt and stay on top of your finances.

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