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Interest Rate Increase Strains Canadian Households
09/08/2017
Grant Bazian
MNP Consumer Debt Index
Early in July, the Bank of Canada’s first interest-rate hike in seven years set in motion a complex unwinding of a near-decade-long era of easy money via consumer debt.
Read More arrow_forwardEconomic Uncertainty Troublesome For Canadian Debtholders
09/08/2017
Grant Bazian
MNP Consumer Debt Index
For thousands of Canadians across the country, it’s no secret to hear that our national economy is facing an uncertain future.
Read More arrow_forwardHigher Interest Rates Force Albertans To Rethink Debt
02/08/2017
Donna Carson
MNP Consumer Debt Index
With economists predicting another increase before the year is out, Canadians should begin bracing themselves for some significant changes now before it’s too late.
Read More arrow_forwardIncreased Interest Rates Could Spell Disaster For Canadians In Debt
01/08/2017
Grant Bazian
MNP Consumer Debt Index
With banks offering consumers a record amount of credit in recent years, Canadian households will face tough times ahead if they aren’t able to reduce their debt loads.
Read More arrow_forwardRecord Debt And Rising Interest Rates Fuel Worry Among Canadians
01/08/2017
Grant Bazian
MNP Consumer Debt Index
After a near decade long streak of low borrowing costs and easy credit from banks, Canadians are carrying record levels of debt.
Read More arrow_forwardSurvey Results August 2017
01/08/2017
Grant Bazian
MNP Consumer Debt Index
Higher Interest Rates Raise Anxiety Among Canadian Debtholders
28/07/2017
Grant Bazian
MNP Consumer Debt Index
Increased interest rates are supposed to signal an improving economy.
Read More arrow_forwardMNP Survey: Ontarians Concerned about Impact of Interest Rate Hikes and Potential Housing Bubble
26/07/2017
Wesley Cowan
MNP Consumer Debt Index
A new survey released by MNP LTD finds that Ontarians are concerned about the uncertainty of a potential housing bubble and impending interest rate hikes, adding financial stress to households already carrying a record level of debt.
Read More arrow_forwardMNP Survey: Atlantic Canadians Concerned about Impact of Interest Rate Hikes and Potential Housing Bubble
25/07/2017
MNP Consumer Debt Index
A new survey released by MNP LTD finds that Atlantic Canadians are concerned about the uncertainty of a potential housing bubble and impending interest rate hikes, adding financial stress to households already carrying a record level of debt.
Read More arrow_forwardMNP Survey: Albertans Concerned About Impact of Interest Rate Hikes and Potential Housing Bubble
19/07/2017
Donna Carson
MNP Consumer Debt Index
A new survey released by MNP LTD finds that Albertans are concerned about the uncertainty of a potential housing bubble and impending interest rate hikes, adding financial stress to households already carrying a record level of debt.
Read More arrow_forward