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Newfoundlanders are among the most concerned about their ability to pay debts as interest rates rise, jumping six points since December to 68 percent
18/04/2022
Greg Gosse
MNP Consumer Debt Index
COVID-19’s enduring financial impact along with the pressures of rising interest rates and the increased cost of living are weighing down Atlantic Canadians’ confidence in their personal finances, according to the MNP Consumer Debt Index which...
Read More arrow_forwardCOVID-19’s enduring financial impact along with the pressures of rising interest rates and the increased cost of living are weighing down Atlantic Canadians’ confidence in their personal finances, according to the MNP Consumer Debt Index which...
Read More arrow_forwardMore than half of Manitoba and Saskatchewan residents say they’re already feeling the effects of interest rate increases, a seven-point jump since December
18/04/2022
Tanya Reynolds
MNP Consumer Debt Index
Manitoba and Saskatchewan residents are feeling the enduring financial impacts of COVID-19 along with the pressure of increased interest rates and a rising cost of living, according to the latest MNP Consumer Debt Index which is conducted quarterly by...
Read More arrow_forwardMore than half of Quebecers are concerned about ability to pay their debts as interest rates rise, jumping six points since December
18/04/2022
Frederic Lachance
MNP Consumer Debt Index
Enduring financial impacts of COVID-19, coupled with the pressures of rising interest rates and increases in the cost of living are weighing down Quebecers’ confidence in their personal finances, according to the MNP Consumer Debt Index, which is conducted...
Read More arrow_forwardJanuary MNP Consumer Debt Index Recap (3 Minute Debt Break)
23/02/2022
MNP Consumer Debt Index
The latest debt index finds Canadians are showing record-low confidence levels when it comes to their personal finances and debt repayment abilities. Now in its nineteenth wave, the MNP Consumer Debt Index has reached the lowest point since inception,...
Read More arrow_forwardSix in 10 Nova Scotians concerned about impact of rising interest rates, up four points since September
22/02/2022
Tina Powell
MNP Consumer Debt Index
As the country inches closer to the Bank of Canada’s next interest rate announcement on March 2, 2022, many Atlantic Canadian households stretched thin by rising costs of living over the COVID-19 pandemic will be bracing for a potentially challenging...
Read More arrow_forwardMore than half of Ontarians concerned about impact of rising interest rates
22/02/2022
Caryl Newbery-Mitchell
MNP Consumer Debt Index
As the country inches closer to the Bank of Canada’s next interest rate announcement on March 2, 2022, many Ontarian households stretched thin by rising costs of living over the COVID-19 pandemic will be bracing for a potentially challenging year...
Read More arrow_forwardSix in 10 PEI residents concerned about impact of rising interest rates, up four points since September
22/02/2022
MNP Consumer Debt Index
As the country inches closer to the Bank of Canada’s next interest rate announcement on March 2, 2022, many Atlantic Canadian households stretched thin by rising costs of living over the COVID-19 pandemic will be bracing for a potentially challenging...
Read More arrow_forwardHalf of Quebecers concerned about impact of rising interest rates
22/02/2022
Frederic Lachance
MNP Consumer Debt Index
As the country inches closer to the Bank of Canada’s next interest rate announcement on March 2, 2022, many Quebec households stretched thin by rising costs of living over the COVID-19 pandemic will be bracing for a potentially challenging year...
Read More arrow_forwardMore than half of Saskatchewan and Manitoba residents concerned about impact of rising interest rates, jumping a staggering 9 points since September
22/02/2022
Pamela Meger
MNP Consumer Debt Index
As the country inches closer to the Bank of Canada’s next interest rate announcement on March 2, 2022, many households in Saskatchewan and Manitoba stretched thin by rising costs of living over the COVID-19 pandemic will be bracing for a potentially...
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