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Nearly three-quarters of Quebecers have cut spending or postponed major purchases as they take steps to safeguard their finances amid economic uncertainty

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.

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More than half of Newfoundland and Labradorians 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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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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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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Three in five Quebecers concerned interest rates may not fall quickly enough to provide the financial relief they need — more than any other province

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

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.

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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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Rising interest rates and inflation forcing Canadians to make tough budget decisions to make ends meet

Canadians are becoming acutely aware of how interest rates and the cost of necessities impact their household budgets, as both measures continue on a months-long upward trajectory.

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Moving away from home? Prepare for unexpected expenses

Moving away from home is an exciting, albeit bittersweet experience. You’ve got a world of freedom and opportunity ahead of you. But the brand-new costs and responsibilities can also feel quite daunting.

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