The latest MNP Consumer Debt Index remains stable at 88 points and reveals that nearly two-thirds of Canadians (64%) say they desperately need interest rates to come down.

With interest rates still higher than years past, many Canadians are facing tough decisions at renewal time. Our latest blog shares practical steps to help you stay in control, avoid added debt, and protect your financial future.

The cost of living is high, but your debt stress doesn’t have to be. Take the first step toward relief with a FREE confidential consultation from MNP Debt.

RT @RetailInsider_: MNP Consumer Debt Index holds steady following 2 interest rate pauses as Canadians brace for ongoing economic uncertain….

RT @MNPdebt: “Canadians are feeling the pressure.” Grant Bazian President of MNP LTD breaks down the latest Consumer Debt Index and the num….

RT @MNPdebt: The latest MNP Consumer Debt Index remains stable at 88 points and reveals that nearly two-thirds of Canadians (64%) say they….

“Canadians are feeling the pressure.” Grant Bazian President of MNP LTD breaks down the latest Consumer Debt Index and the numbers are eye-opening. 42% are just $200 away from being insolvent. Nearly half of low-income earners live paycheck to paycheck. #MNPDebt

More than half of British Columbians (53%) now say they regret the amount of debt they have taken on, according to the latest MNP Consumer Debt Index.

Two in five Albertans (44%) say they are feeling more cautious with how they manage their money due to current financial pressures according to the latest MNP Consumer Debt Index.

Two-thirds of Saskatchewan and Manitoba residents (65%, +5 pts) say they desperately need interest rates to go down following two consecutive interest rate pauses, according to the latest MNP Consumer Debt Index.

Two-thirds of Manitoba residents (65%, +5 pts) say they desperately need interest rates to go down following two consecutive interest rate pauses, according to the latest MNP Consumer Debt Index.

More than a third of Ontarians report feeling anxious or stressed about their financial situation (36%) according to the latest MNP Consumer Debt Index.

More than a third (36%) of New Brunswickers say they are feeling more cautious with how they manage their money due to current financial pressures, according to the latest MNP Consumer Debt Index.

Nearly half of Nova Scotians say they fear rising interest rates could drive them toward Bankruptcy (49%, +15 pts) according to the latest MNP Consumer Debt Index.

More than half of Atlantic Canadians (54%) say they are concerned about their current debt level according to the latest MNP Consumer Debt Index.

Atlantic Canadians are the most likely (32%) to be putting off important life goals, such as buying a home, starting a family, or changing careers according to the latest MNP Consumer Debt Index.

More than two in five Quebecers (42%, -4 pts) remain concerned about their ability to repay their debts, even if interest rates decline according to the latest MNP Consumer Debt Index.

Canadians are feeling the pressure, from rising debt to interest rate anxiety. Explore the latest insights from the MNP Consumer Debt Index. #MNPCDI

The MNP Consumer Debt Index holds steady at 88, but financial stress is rising. 📈 42% of Canadians are just $200 away from insolvency. Now more than ever, debt solutions matter.

When it comes to your financial future, support should never come at a cost. Start with a free, confidential consultation from MNP Debt.