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MNP Debt Blog

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A new poll by Ipsos carried out on behalf of MNP LTD has found one in three (34%) Manitoba and Saskatchewan residents are still experiencing disruption to either their own work situation or that of someone else in their household in the form of lay-offs,...

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A new poll by Ipsos carried out on behalf of MNP LTD has found that more than half (53%) of Albertans are still experiencing disruption to either their own work situation or that of someone else in their household in the form of lay-offs, reduced pay,...

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Over the past few months, various financial relief measures from government, banks, and businesses have helped cushion the financial blow of the pandemic for many Canadian households. As these measures evolve or come to an end, the pandemic is still impacting...

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A new poll by Ipsos carried out on behalf of MNP LTD has found that one in three (36%) Atlantic Canadians are still experiencing disruption to either their own work situation or that of someone else in their household in the form of lay-offs, reduced...

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A new poll by Ipsos carried out on behalf of MNP LTD has found that three in ten (30%) Quebecers are still experiencing disruption to either their own work situation or that of someone else in their household in the form of lay-offs, reduced pay, or fewer...

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Should I use a line of credit to pay off my debts?

That’s a good question, and one that might produce some surprising answers. There’s no one size fits all solution to debt.

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The youth of today face a wide range of financial challenges that were mostly unheard of just a generation ago. The cost of rent, real estate, post secondary tuition and consumer products are all largely outpacing inflation. The thought of purchasing...

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When individuals can no longer service their debt, it creates significant issues for both the borrower — who may find themselves in an ever-worsening cycle of debt — and their lender(s) who are having trouble recovering the money owed to them....

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Moving away from home? Prepare for unexpected expenses

Moving away from home is an exciting, albeit bittersweet experience. You’ve got a world of freedom and opportunity ahead of you. But the brand-new costs and responsibilities can also feel quite daunting.

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It’s not something we’ve heard a lot of lately… but there is some financial optimism many Canadians are experiencing. It’s the financial “upside” to the pandemic thanks to relief measures and reduced spending.

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