MNP Consumer Debt Index
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Canadians face ‘lifestyle shrinkflation’ as paycheques pinched: MNP dataThe MNP Consumer Debt Index considers all kinds of credit-related consumer debt, from credit cards and lines of credit to payday loans and ‘Buy Now Pay Later’ services.MoneyJul 13
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B.C. residents turn to bill-splitting strategies the most: Consumer Debt IndexMore than half of British Columbians polled said they have tried to save money by grocery shopping more strategically and avoiding impulse purchases.EconomyOct 16, 2024
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Albertans feeling the pinch as Bank of Canada hikes key interest rateAccording to the latest MNP Consumer Debt Index, nearly seven in ten people in Alberta say they are already feeling the effects of interest rate increases.EconomyJul 13, 2022
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More than half of B.C. residents feel the squeeze of interest rate hikes, survey findsSince the last financial quarter, the debt index found British Columbians had the largest decrease in disposable income across the country.EconomyApr 18, 2022
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Roughly half of Canadians financially insecure as debt confidence hits record low: reportThe latest MNP Consumer Debt Index found the twin stressors of holiday spending bills coming due and the resurgent COVID-19 pandemic has Canadians feeling squeezed.MoneyJan 17, 2022
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Albertans increasingly concerned with covering next year’s expenses without going into debt: surveyA so-called return to normal in Alberta as provincial health restrictions are lifted is bringing the reality of debt back into focus.ConsumerJul 19, 2021
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More than 50% of British Columbians are $200 per month away from financial insolvency: surveyApril's survey also found 27 per cent of British Columbians reported that they were already insolvent, with no money left at the end of each month to cover their payments.ConsumerApr 8, 2021
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New survey points to debt trouble in Alberta as COVID-19 pandemic drags onAlbertans are bracing for more debt and insolvency as the COVID-19 pandemic continues.MoneyOct 13, 2020
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Majority of Gen Z Canadians close to insolvency amid coronavirus pandemic, poll findsThe youngest people in the workforce — Generation Z — appear to be struggling the most in the pandemic, according to a poll commissioned by insolvency firm MNP.CanadaOct 13, 2020
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