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Latest Blog Posts

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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2024-07-22

More than half of Ontarians say interest rates will need to drop much further before their financial situation significantly improves

Caryl Newbery-Mitchell

MNP Consumer Debt Index

Ontarians are feeling pessimistic about their personal finances this quarter, despite the recent interest rate cut by the Bank of Canada.

Read More

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