2015-10-30
Canada’s debt ratio is at the highest debt income ration we’ve ever had. For every dollar we currently make, we are spending approximately $1.65 on credit. For this reason, consumer insolvency is on the rise across the country, which is no surprise to MNP’s Trustee Donna Carson, who is answering more calls for help from Calgarians trying to manage their debt given that the province of Alberta is experiencing the highest consumer debt levels in the country.
Donna was interviewed by Global Calgary to discuss the increase in insolvencies in Alberta. The original article was originally posted online at Global Calgary on October 3, 2015.
2025-10-06
MNP Consumer Debt Index
Ontarians’ financial vulnerability is intensifying as persistent economic uncertainty, concerns about borrowing costs, and employment anxiety weigh on household confidence.
2025-10-06
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.
2025-10-06
MNP Consumer Debt Index
Albertans’ financial vulnerability is intensifying as persistent economic uncertainty, concerns about borrowing costs, and employment anxiety weigh on household confidence.
