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            Many Canadians are stuck in payday loan cycles. Learn how debt traps form, why they’re harmful, and what you can do to escape and regain control.
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            A client thought bankruptcy was their only way out. See how a consumer proposal helped them keep their home and repay debt with confidence.
Read More arrow_forwardSeniors and Debt
20/10/2025
Pamela Meger
Alternatives to Bankruptcy
Bankruptcy
Consumer Proposal
Lifestyle Debt
MNP Consumer Debt Index
Just when seniors should be relaxing and enjoying the fruits of their labour, many find themselves struggling financially — an unsettling contrast to the ease they’d hoped to live their golden years.
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            This is called buyer’s remorse. In some cases, Canadian law provides protections that can help you reverse these costly decisions and avoid sinking further into debt.
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            When relationships end, shared debt can become a lasting burden. Here’s what to know about your responsibilities, risks, and financial options.
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            Prince Edward Islanders face ‘heat or eat’ decisions as financial strain deepens
06/10/2025
Tina Powell
MNP Consumer Debt Index
Atlantic Canadians’ financial vulnerability is intensifying as persistent economic uncertainty, concerns about borrowing costs, and employment anxiety weigh on household confidence.
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            MNP Consumer Debt Index drops two points as more Canadians struggle to make ends meet
06/10/2025
Grant Bazian
MNP Consumer Debt Index
According to the latest MNP Consumer Debt data, Canadians’ financial vulnerability is intensifying as persistent economic uncertainty, concerns about borrowing costs, and employment anxiety weigh on household confidence.
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            Nova Scotians face ‘heat or eat’ decisions as financial strain deepens
06/10/2025
Tina Powell
MNP Consumer Debt Index
Atlantic Canadians’ financial vulnerability is intensifying as persistent economic uncertainty, concerns about borrowing costs, and employment anxiety weigh on household confidence.
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            Newfoundlanders and Labradorians face ‘heat or eat’ decisions as financial strain deepens
06/10/2025
Tina Powell
MNP Consumer Debt Index
Atlantic Canadians’ financial vulnerability is intensifying as persistent economic uncertainty, concerns about borrowing costs, and employment anxiety weigh on household confidence.
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            Report: Saskatchewan and Manitoba residents’ financial cushion shrinks as more edge closer to insolvency
06/10/2025
Pamela Meger
MNP Consumer Debt Index
The financial vulnerability of Saskatchewan and Manitoba residents is intensifying as their financial cushions shrink and more households edge closer to insolvency.
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