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Latest Blog Posts

2025-03-05

Nearly Half of Ontarians fear they may never be debt-free; acknowledge needing help, but more than half are too embarrassed to seek it

Caryl Newbery-Mitchell

MNP Consumer Debt Index Lifestyle Debt Debt Solutions

As financial struggles intensify, the launch of Debt Literacy Month this March aims to break down these barriers by providing Ontarians with the critical knowledge and trusted resources they urgently need to regain control of their finances.

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2025-01-13

Escalating financial concerns in Ontario: Nearly three in five fear they can't repay debts despite interest rate cuts, worries over job loss and Bankruptcy increase

Caryl Newbery-Mitchell

MNP Consumer Debt Index

Ontarians are feeling more pessimistic about their personal finances heading into 2025, despite declining interest rates.

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2024-10-16

Rising cost of living forces Ontarians to make tough sacrifices

Caryl Newbery-Mitchell

MNP Consumer Debt Index

According to the latest MNP Consumer Debt Index, conducted quarterly by Ipsos, a quarter (26%) of Ontarians have turned to bill-splitting strategies such as carpooling, buying in bulk, sharing subscriptions and childcare, and living with others.

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