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MNP report says Canadians expect 2026 to be challenging for their finances

  • A report by MNP Ltd. reveals that 71% of Canadians expect higher living costs in 2026, with 59% anticipating a worsening economy.
  • 41% of Canadians reported being within $200 of paying bills monthly, showing a decrease from last quarter as reported by MNP.
  • The MNP Consumer Debt Index slightly improved to 87 points, marking an increase indicating some financial relief despite overall pessimism in attitudes toward debt.
  • Despite financial improvements for some, only 11% sought advice from a financial professional, and many Canadians are navigating financial challenges alone.
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MNP report says Canadians expect 2026 to be challenging for their finances

A new report by insolvency firm MNP Ltd. suggests Canadians are expecting their household finances will come under pressure this year

·Canada
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Globe NewswireGlobe Newswire
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MNP Consumer Debt Index: Canadians Brace for Challenging 2026

While Canadians express pessimism about personal finances heading into 2026, the MNP Consumer Debt Index edged up one point from last quarter to 87...

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Inside Ottawa Valley broke the news in Ottawa, Canada on Monday, January 12, 2026.
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