MNP Debt Blog

Currently, household debt levels, inflation, and key interest rates in Canada are among the highest in the world. Personal finances have become a hot topic as individuals and families cope with the effects of an economic downturn.

Saskatchewan is seeing a hike in the number of residents filing for insolvency. With the steady rise in inflation figures and aggressive increase in interest rates in the country, Saskatchewan households are feeling the pinch.

Knowing your credit profile before you meet with your financial provider can do a lot to help you address any risks or gaps you may want to attend to, and increase your chances of success in the application process.

The terminology surrounding debt problems and solutions can be confusing. How much debt is “overwhelming” debt? What does it mean to be insolvent — does it simply mean owing too much money to too many credit accounts? And what is the...

More than half of Atlantic Canadians have difficulties trusting companies that assist with managing debt or are embarrassed to seek financial advice.

More than half of Atlantic Canadians have difficulties trusting companies that assist with managing debt or are embarrassed to seek financial advice.

More than half of Atlantic Canadians have difficulties trusting companies that assist with managing debt or are embarrassed to seek financial advice.

Half of Canadians have difficulties trusting companies that assist with managing debt or are embarrassed to seek financial advice.

Half of Albertans have difficulties trusting companies that assist with managing debt or are embarrassed to seek financial advice.

Half of Saskatchewan and Manitoba residents have difficulties trusting companies that assist with managing debt or are embarrassed to seek financial advice.