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COVID-19 Insights and Advice

The global pandemic has had wide-ranging economic impacts across Canada. We have been monitoring these developments closely — especially around how public and private financial support measures are affecting household debt. We have compiled these insights in short, action-oriented blog posts to help you move forward with confidence. 

From the impacts of federal support programs on insolvency proceedings to tips to help you navigate once subsidies end, these blogs will help you make the best decisions for your personal and financial situation.  

Read our latest COVID-19 Blogs

2023-07-10

Number of insolvent Ontarians who are unable to cover their bills and debt obligations reaches an all-time high

Caryl Newbery-Mitchell

MNP Consumer Debt Index

Amid rising interest rates and a challenging cost of living, the proportion of Ontarians who report being insolvent has reached an all-time high, according to the latest MNP Consumer Debt Index.

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