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Three-quarters of Prince Edward Islanders have cut spending or postponed major purchases
14/04/2025
Tara Silliker
MNP Consumer Debt Index
Three-quarters (76%) say they have cut back on spending due to economic uncertainty — more than those in any other province.
Nearly two-thirds of Manitoba and Saskatchewan residents have cut spending or postponed major purchases as they take steps to safeguard their finances amid economic uncertainty
14/04/2025
Tanya Reynolds
MNP Consumer Debt Index
Nearly two-thirds say they have cut back on spending due to economic uncertainty (63%) and are delaying major purchases or investments (66%), according to the latest MNP Consumer Debt Index.
Nearly three-quarters of Quebecers have cut spending or postponed major purchases as they take steps to safeguard their finances amid economic uncertainty
14/04/2025
Frederic Lachance
MNP Consumer Debt Index
Nearly three-quarters (73%) say they have cut back on spending due to economic uncertainty, and nearly as many (70%) say they are delaying major purchases or investments, according to the latest MNP Consumer Debt Index.
More than half of Newfoundland and Labradorians say interest rates will need to drop much further before their financial situation significantly improves
22/07/2024
Karen Aylward
MNP Consumer Debt Index
Atlantic Canadians are feeling pessimistic about their personal finances, despite the recent interest rate cut by the Bank of Canada.
More than half of Prince Edward Islanders say interest rates will need to drop much further before their financial situation significantly improves
22/07/2024
Tara Silliker
MNP Consumer Debt Index
Atlantic Canadians are feeling pessimistic about their personal finances, despite the recent interest rate cut by the Bank of Canada.
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
22/07/2024
Tanya Reynolds
MNP Consumer Debt Index
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.
Three in five Quebecers concerned interest rates may not fall quickly enough to provide the financial relief they need — more than any other province
22/07/2024
Frederic Lachance
MNP Consumer Debt Index
Quebecers are feeling more pessimistic about their personal finances this quarter, despite the recent interest rate cut by the Bank of Canada.
Low interest rates and rising costs leading many Quebecers down an ever-riskier path to borrow more
04/10/2021
Frederic Lachance
MNP Consumer Debt Index
Six in 10 Quebecers likely to pile on more consumer debt before the end of the year, including one in five who will use buy now, pay later options.
Low interest rates and rising costs leading many Canadians down ever-riskier path to borrow more
04/10/2021
Grant Bazian
MNP Consumer Debt Index
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.
More than half (53%) of British Columbians within $200 of insolvency; up 14 points since December, reaching a five-year high
08/04/2021
Linda Paul
MNP Consumer Debt Index
