Alberta Debt Load

2015-07-17

Author: Zaki Alam

Glasses on a pad of paper with calculations. A pen sits on the pad of paper and there is a calculator on the side

MNP LTD Trustee Zaki Alam was interviewed by CTV News Edmonton to discuss debt loads. Throughout the interview, Zaki discussed the significant amount of consumer debt across Canada, with Alberta having the highest average at approximately $27,000 in consumer debt. He also addresses how increased interest rates will affect Canadians and offered some tips to help Canadians create budgets that promote financial health. 

The original article was originally posted online at CTV News Regina on June 29, 2015.

Zaki Alam

Zaki Alam

CIRP, LIT, CPA, CA

Senior Vice President

Servicing: Edmonton (Downtown), Edmonton (North East), Edmonton (South), Edmonton (West), Grande Prairie, Leduc, Sherwood Park, Spruce Grove, St. Albert, Yellowknife

Latest Blog Posts

2025-03-05

Two in five Newfoundland and Labradorians fear they may never be debt-free, acknowledge needing help, but are too embarrassed to seek it out

Greg Gosse

MNP Consumer Debt Index Lifestyle Debt Debt Solutions

According to a new survey conducted by Ipsos on behalf of MNP LTD, two in five Atlantic Canadians acknowledge they need help to get out of debt (43%).

Read More

2025-03-05

Two in five New Brunswickers fear they may never be debt-free, acknowledge needing help, but are too embarrassed to seek it out

Tara Silliker

MNP Consumer Debt Index Lifestyle Debt Debt Solutions

According to a new survey conducted by Ipsos on behalf of MNP LTD, two in five Atlantic Canadians acknowledge they need help to get out of debt (43%).

Read More

2025-03-05

About one-third of Saskatchewan and Manitoba residents fear they may never be debt-free; acknowledge needing help, but two in five are too embarrassed to seek it

Pamela Meger

MNP Consumer Debt Index Lifestyle Debt Debt Solutions

According to a new survey conducted by Ipsos on behalf of MNP LTD, three in 10 (29%) Saskatchewan and Manitoba residents acknowledge they need help to get out of debt. 

Read More

Consultation icon