- Canadians’ personal debt rating hit a record low this quarter, dropping 12 points.
- Two in five worried someone in their household could lose their job, an all-time high (41%, +9pts).
- Despite interest rate cuts, half of Canadians remain concerned about their ability to repay debts (50%, +2pts), while two-thirds (65%, +2pts) say they urgently need rates to go down.
- Half of Canadians are $200 or less away each month from not being able to pay their bills and debt payments (50%, +8pts).
CALGARY, Alberta, Jan. 13, 2025 (GLOBE NEWSWIRE) — Canadians are heading into the New Year feeling more pessimistic about their personal finances, despite declining interest rates. The latest MNP Consumer Debt Index, conducted quarterly by Ipsos, dropped a…
