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Debt outlook bleak in PEI; significantly more Atlantic Canada households anticipate struggling with further interest rate increases
18/10/2023
Walter MacKinnon
MNP Consumer Debt Index
From near zero to the highest interest rates in more than two decades, the latest MNP Consumer Debt Index finds significantly more Atlantic Canadians anticipate struggling with further rate hikes.
Read More arrow_forwardImpact of another interest rate increase: Seven in 10 Saskatchewan and Manitoba residents say they will be in financial trouble
18/10/2023
Pamela Meger
MNP Consumer Debt Index
Significantly more Saskatchewan and Manitoba residents anticipate struggling with further rate hikes as interest rates reach the highest point in over two decades, according to the latest MNP Consumer Debt Index.
Read More arrow_forwardImpact of another interest rate increase: Seven in 10 Manitoba and Saskatchewan residents say they will be in financial trouble
18/10/2023
Tanya Reynolds
MNP Consumer Debt Index
Significantly more Manitoba and Saskatchewan residents anticipate struggling with further rate hikes as interest rates reach the highest point in over two decades, according to the latest MNP Consumer Debt Index.
Read More arrow_forwardCanadians’ debt outlook reaches lowest point in five years
18/10/2023
Grant Bazian
MNP Consumer Debt Index
More Canadians report their current and expected debt situation is deteriorating.
Read More arrow_forwardBuyer’s remorse laws: Buyers don’t just have remorse, they also have rights
06/10/2023
Augustine Kwok
Lifestyle Debt
Buyer's remorse laws, also known as cooling-off periods or cancellation rights, are legal measures that give consumers the opportunity to reconsider purchases.
Read More arrow_forward10 tips on how to avoid a visit to your licensed insolvency trustee
06/10/2023
Jean-Francois Cliche
Debt Solutions
Sometimes insolvency is a viable option. But let’s not go there just yet.
Read More arrow_forwardHow to manage digital costs draining your bank account
10/10/2023
Leah Drewcock
Let’s look at four of the biggest digital costs draining your bank account and how you can manage their expenses.
Read More arrow_forwardOverspending and Managing Money (MNP 3 Minute Debt Break)
23/10/2023
Lifestyle Debt
Everything you need to know about financial literacy
23/10/2023
Alana Orrell
Lifestyle Debt
Whatever stage of life you’re in, making informed financial choices has never been more important and ongoing financial literacy is the key.
Read More arrow_forwardThe Bankruptcy and Insolvency Act: Safety net for debtors, assurance for lenders
08/09/2020
Debt Solutions
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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