Financial Security


Nearly half (47%) of Canadian post-secondary students will live at their parent’s home while going to school, up 11 points since 2013

Canadian students are increasingly relying on their parents to manage their finances as they feel the effects of inflation and increased cost-of-living

MNP Debt Index Declines Significantly as Canadians Deal with Rising Rates and Affordability Pressures

Canadians are Regretting the Amount of Debt they Have and are Concerned about Future Finances

Opportunity Amidst Crisis: Many Canadians Responding to Financial Challenges by Practicing Good Financial Habits and Planning

Canadians who have a financial plan say it has helped them cope with the uncertain economic environment both mentally (75%) and financially (79%)

A quarter (26%, +4 pts) of Canadians Say They’ll Access Charitable Services to Meet Essential Needs in Next 6 Months

Among Those who Anticipate Using Charitable Services, Three in five (62%) Canadians are Struggling to Keep Up with the Rising Cost of Living

MNP Debt Index Rebounds From All-Time Low as Interest Rates Stabilize, but Half (50%) Feel the Worst is Yet to Come

Canadians Are Feeling More Confident About Their Debt but Interest Rates, but Concern about Inflation Lingers

Fraud is too Common in Canada: Nearly Half (43%) of Canadians Have Knowingly Been Victimized by Fraud or Scams, in their Lifetime

Breaking Stereotypes: Older Canadians (55+) are among the least likely to report being fraud victims

MNP Debt Index Falls To All-Time Low as Canadians Becoming Increasingly Concerned and Regretful about their Debt

Canadians are Taking Steps to Save Money, but Interest Rates, Inflation, and Affordability have many Concerned About their Debt

Strong Majority (77%) of Canadians Plan to Modify Their Holiday Spending This Year Due to Inflation

One third are less confident in making financial progress this year.
Holidays Survey

Nearly Half (47%) of Canadians Would Prefer a Charitable Gift Over a More Traditional Gift This Holiday Season

One in Four (24%) Prefer a Charitable Donation Chosen by the Giver; a Similar Proportion (23%) Prefers a Charity Gift Card Where the Recipient can Choose the Charity That Benefits