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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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Consumer Debt Index highlights impact of affordability crisis: More Prince Edward Islanders 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 Newfoundlanders 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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Three reasons you should start planning for retirement in your 20s

When you are in your 20s, retirement can feel like a lifetime away — something to think about later, once your career is established or you’ve when hit other financial milestones.

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

Nearly three-quarters say they have cut back on spending (74%) and are delaying major purchases or investments (75%), according to the latest MNP Consumer Debt Index.

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Three-quarters of Newfoundland and Labradorians have cut spending or postponed major purchases

Three-quarters (76%) say they have cut back on spending due to economic uncertainty — more than those in any other province.

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Three-quarters of Prince Edward Islanders have cut spending or postponed major purchases

Three-quarters (76%) say they have cut back on spending due to economic uncertainty — more than those in any other province.

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MNP Consumer Debt Index rebounds as Canadians take steps to safeguard their finances amid economic uncertainty

The latest MNP Consumer Debt Index has rebounded to 88 points, a nine-point increase from the previous quarter, signaling a more optimistic outlook on Canadians’ personal finances.

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Three-quarters of Nova Scotians have cut spending or postponed major purchases

Three-quarters (76%) say they have cut back on spending due to economic uncertainty — more than those in any other province.

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Three-quarters of New Brunswickers have cut spending or postponed major purchases

Three-quarters (76%) say they have cut back on spending due to economic uncertainty — more than those in any other province.

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