MNP Debt Blog

Quebecers report waning confidence in their personal finances as uncertainty and pandemic fatigue continue to build amid the spread of the Omicron COVID-19 variant, according to the MNP Consumer Debt Index.

Canadians are showing record-low confidence levels when it comes to their personal finances and debt repayment abilities.

British Columbians’ confidence in their personal finances has plummeted as uncertainty and pandemic fatigue continue to build amid the spread of the Omicron COVID-19 variant, according to the latest MNP Consumer Debt Index.

Ontarians’ confidence in their personal finances is waning as uncertainty and pandemic fatigue continue to build amid the spread of the Omicron COVID-19 variant, according to the latest MNP Consumer Debt Index.

The latest MNP Consumer Debt Index raises red flags about Canadians’ plans to borrow more – and in potentially riskier ways – to make ends meet or finance their purchasing habits over the next few months.

Six in 10 Albertans 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.

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.

Six in 10 Atlantic Canadians 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.

More than half are likely to pile on more consumer debt before the end of the year, including one in 10 who will use buy now, pay later options.

Six in 10 Atlantic Canadians 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.