MNP Debt

Financial uncertainty is reshaping how Canadians plan, spend, and cope. 💸
Swipe through to see what’s driving financial stress and why it matters.

The average amount Albertans have left at the end of the month fell to $1,053, down from $1,119 last quarter, according to the latest MNP Consumer Debt Index.

MNP Consumer Debt Index: Albertans experiencing financial whiplash as economic uncertainty persists Three in five (59%) say they are experiencing financial whiplash as shifting conditions repeatedly disrupt their financial plans, according to the latest MNP Consumer Debt Index.

The latest MNP Consumer Debt Index has remained stable at 88 points this quarter. However, nearly two-thirds of Canadians say they desperately need interest rates to go down.

MNP Consumer Debt Index holds steady following two interest rate pauses as Canadians brace for ongoing economic uncertainty Younger adults and lower-income households are most likely to report stress, stalled life plans, and living paycheque to paycheque.

47% of Canadians regret their debt, but it doesn’t have to stay that way.
Learn how debt literacy can change your financial future, during MNP's Debt Literacy Month.
➡️ Visit our Debt Literacy Month page

MNP Debt Literacy Month MNP Debt Literacy Month is an annual initiative focused on helping Canadians better understand their personal finances, identify common debt blind spots, and build the knowledge needed to navigate borrowing costs with confidence.