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MNP Consumer Debt Index Holds at 88 Points, But Canadians' Financial Optimism Could Waver Amidst Global Economic Uncertainty
Insolvency rates are stable, and Canadians are holding more money after all expenses.
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April 2025: Global consumer confidence down slightly for the second consecutive month
All four sub-indices show declines this month
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MNP Consumer Debt Index Rebounds to 88 Points After a Taking a Significant Dip Last Quarter
Significantly fewer Canadians are saying they already can’t pay their bills and debts (26%, -9)
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March 2025: Consumer confidence down globally as three sub-indices decline significantly
Sentiment falls sharply among Latin American countries.
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Canadians Say They Need $846K To Be Financially Independent
Half (51%) of Canadians Have a Financial Plan, Leading to Feelings of Confidence and Reassurance
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Outsmarting Digital Deceptions: Fewer Scam Encounters Among Older Canadians Compared to Younger Generations
84% of Canadians Confident in Detecting Email Scams, Yet Only 57% Can Identify Home Smart Device Intrusions
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Ipsos CSI Insurance 2024 Reveals Customer Satisfaction Growth and a Demand for Personalization
The industry's overall Net Promoter Score (NPS®) improved in 2024, indicating a heightened willingness to recommend insurers.
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Majority of Ontarians (88%) are Concerned About the Current State of Housing Affordability in the GTA
Almost half (48%) say they are at least somewhat likely to leave the GTA in the next 5 years due to affordability reasons
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Canadians’ Travel Intentions Soften for 2025 Amid Economic Uncertainty
35% Intend to Take a Winter Vacation, Down 12 Points Year over Year; 60% will Travel at Some Point in 2025, Down 10 Points
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2024 IG Financial Confidence Index: Canadians Settling into Stability But Remain Concerned About the Future
Economic stability emerges, but future anxieties linger.