MNP Consumer Debt Index Holds Steady Following Two Interest Rate Pauses, as Canadians Brace for Ongoing Economic Uncertainty

3 ways Canadians can take control of their finances in an age of economic uncertainty

Canadian consumers are beginning to move from short-term economic concerns to a more persistent mindset of financial precarity, and it’s starting to affect how they live. People are delaying major purchases and starting to show signs of subscription fatigue, according to recent findings. One recent survey found that 70 per cent of Canadians are deferring major life decisions, including home ownership and family planning, as a consequence of this…

3 in 5 British Columbians concerned about repaying debt, despite interest rate cuts: poll

Sixty-seven per cent of those polled by Ipsos, on behalf of MNP, said they desperately need interest rates to go down, despite two consecutive interest rate pauses.

Majority of Canadians Want Lower Interest Rates as Bankruptcy, Debt Fears Mount

Nearly two-thirds of Canadians say they “desperately” need interest rates to fall as the escalating cost of living and ongoing economic uncertainty drive some households toward increased debt or bankruptcy, a new report suggests. Even if rates were to decline, 45 percent of people polled by Ipsos as part of the latest MNP Consumer Debt Index released July 14 said they would still be concerned about their ability to repay debt, while 41 percent s…

MNP Consumer Debt Index Holds Steady Following Two Interest Rate Pauses, as Canadians Brace for Ongoing Economic Uncertainty

CALGARY, Alberta, July 14, 2025 (GLOBE NEWSWIRE) -- Following two consecutive interest rate pauses, the MNP Consumer Debt Index–conducted quarterly by Ipsos–is holding steady at 88 points this quarter. Still, nearly two-thirds of Canadians say they desperately need interest rates…

MNP Consumer Debt Index Steadies, But Nearly Two-Thirds of Canadians Still ‘Desperate’ for Rate Relief - NetNewsLedger

CALGARY – BUSINESS NEWS – July 14 2025: Are you feeling the financial heat? For many Canadians the post COVID-19 pandemic economy, coupled with threats of tariffs raised by Donald Trump in his ongoing manic efforts to make Canada the 52nd state, are generating a lot of stress. Shrinkflation coupled with rising prices have put

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 The post MNP Consumer Debt Index holds steady following 2 interest rate pauses as Canadians brace for ongoing economic uncertainty appeared first on Retail Insider.