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Grant Bazian

Nearly half of Canadians regret their debt as persistent ‘debt blind spots’ leave many financially vulnerable: MNP

Concern about current debt is highest among Gen Z (55%, +13 pts 2025 vs. 2020) and Millennials (55%, unchanged 2025 vs. 2020).

MNP Consumer Debt Index: Canadians brace for challenging 2026 

A majority believe the economy overall will worsen (59%) this year, and as many expect housing affordability to deteriorate (59%).

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

New data from MNP shows nearly half of Canadians are $200 from insolvency, cutting food and heat as financial stress deepens across households.

MNP Consumer Debt Index holds steady following 2 interest rate pauses as Canadians brace for ongoing economic uncertainty

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

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

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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