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Grant Bazian

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Canadians struggling with debt, heat or eat decisions rise: MNP

Mario Toneguzzi -
New data from MNP shows nearly half of Canadians are $200 from insolvency, cutting food and heat as financial stress deepens across households.
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MNP Consumer Debt Index holds steady following 2 interest rate pauses as Canadians brace for ongoing economic uncertainty

Mario Toneguzzi -
Nearly two-thirds of Canadians say they desperately need interest rates to go down, says MNP
News

MNP Consumer Debt Index Q2 2025: Canadians see financial relief as debt concerns ease amid lower interest rates

Mario Toneguzzi -
Reflecting Canadians’ shift toward financial caution, three-quarters (74%) say they have cut back on spending due to uncertainty, with women (77%) and those aged 35-54 (81%) being the most likely to have reduced spending, said MNP.
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