MNP Debt Blog
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Low interest rates and rising costs leading many British Columbians down ever-riskier path to borrow more
04/10/2021
Linda Paul
MNP Consumer Debt Index
More than half are 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.
Read More arrow_forwardMNP Consumer Debt Index - July 2021 Update (MNP 3 Minute Debt Break)
04/08/2021
MNP Consumer Debt Index
The latest debt index finds almost half of households are not confident they’ll be able to cover all living and family expenses in the next 12 months without taking on more debt. In fact, the proportion of Canadians who report being insolvent and...
Read More arrow_forwardNearly half of Canadians doubtful they can cover living expenses this year without going into further debt, highest level in three years
19/07/2021
Grant Bazian
MNP Consumer Debt Index
The quarterly poll conducted by Ipsos on behalf of MNP LTD, finds almost half of households (45%, +6) are not confident they’ll be able to cover all living and family expenses in the next 12 months without taking on more debt.
Read More arrow_forwardNearly half of Quebecers doubtful they can cover living expenses this year without going further into debt (46%, up 9 points)
19/07/2021
Frederic Lachance
MNP Consumer Debt Index
The quarterly poll conducted by Ipsos on behalf of MNP LTD finds almost half (46%) of households in the province are not confident they’ll be able to cover all living and family expenses in the next 12 months without spending on credit.
Read More arrow_forwardNearly half of Ontarians doubtful they can cover living expenses this year without going further into debt, highest since December 2019
19/07/2021
Caryl Newbery-Mitchell
MNP Consumer Debt Index
The quarterly poll conducted by Ipsos on behalf of MNP LTD finds almost half (46%, +6pts since March) are not confident they’ll be able to cover all living and family expenses in the next 12 months without spending on credit.
Read More arrow_forwardFour in 10 Manitoba and Saskatchewan residents doubtful they can cover living expenses this year without going further into debt, most since December 2019
19/07/2021
Tanya Reynolds
MNP Consumer Debt Index
The quarterly poll conducted by Ipsos on behalf of MNP LTD finds four in 10 (43%, unchanged since March) households are not confident they’ll be able to cover all living and family expenses in the next 12 months without spending on credit.
Read More arrow_forwardFour in 10 Saskatchewan and Manitoba residents doubtful they can cover living expenses this year without going further into debt, most since December 2019
19/07/2021
Pamela Meger
MNP Consumer Debt Index
The quarterly poll conducted by Ipsos on behalf of MNP LTD finds four in 10 (43%, unchanged since March) households are not confident they’ll be able to cover all living and family expenses in the next 12 months without spending on credit.
Read More arrow_forwardNearly half of British Columbians doubtful they can cover living expenses this year without going further into debt (47%, + 9 points)
19/07/2021
Linda Paul
MNP Consumer Debt Index
The quarterly poll conducted by Ipsos on behalf of MNP LTD finds British Columbians are the most likely (47%, +9pts since March) to say they are not confident they’ll be able to cover all living and family expenses in the next 12 months without...
Read More arrow_forwardNearly half of Albertans doubtful they can cover living expenses this year without going into further debt, highest level in three years
19/07/2021
Donna Carson
MNP Consumer Debt Index
The quarterly poll conducted by Ipsos on behalf of MNP LTD finds almost half (45%, +5pts since March) are not confident they’ll be able to cover all living and family expenses in the next 12 months without spending on credit.
Read More arrow_forwardNew Brunswick residents feeling flush and ready to spend as concern about debt and personal finances eases post-pandemic
19/07/2021
Tara Silliker
MNP Consumer Debt Index
The MNP Consumer Debt Index finds a third (32%) say they plan to spend more than normal on things such as travel, dining, and entertainment as they re-engage with the economy.
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