MNP Consumer Debt Index drops 4 points underscoring Canadians’ deteriorating financial situation Canadians’ perception of their debt situation has been on a gradual decline, and now sits near its lowest point since tracking began in June 2017.Confidence in ability to absorb an interest rate...

MNP Consumer Debt Index Update: Canadians more worried about debt, interest rates and personal finances compared to September  Number of Canadians who say they don’t make enough to cover their bills and debt obligations increased by 7 points to 31%Number of Canadians within $200 of insolvency increased by 6 points to...

Latest MNP Consumer Debt Index foreshadows trouble ahead for indebted Canadians CALGARY, Alberta, April 16, 2018 (GLOBE NEWSWIRE) -- The latest MNP Consumer Debt Index research foreshadows trouble ahead for indebted Canadians underlining widespread concern over rising interest...

Canadians increasingly pessimistic about their ability to absorb higher interest rates and cover their monthly bills One in three Canadians say they are unable to cover their monthly bills, up eight points since September.Half are more concerned about their ability to repay debts, up three points since September....

Debt-burdened Canadians already feeling the pinch of higher interest rates One in three Canadians say that they are already feeling the effects of increasing interest rates.Four in ten say that if interest rates go up much more, they are afraid they will be in financial...