The recent Business Outlook Survey conducted by the Bank of Canada confirmed what many Canadians already know – our economy is still struggling, unemployment is increasing, businesses are struggling and the cost of living is not making financial health easy for anyone.
For many residents of Prince George, the weight of financial hardship has become all too familiar of a burden as many struggle from one payment to the next. Notably, those who worked in the oil and gas industry in northeast B.C. and Alberta, have been hit particularly hard. LTD Trustee Leah Drewcock recently spoke with the Prince George Citizen about the increase in insolvencies within Prince George. The original article was originally posted online at the Prince George Citizen on June 30, 2016.
CIRP, LIT
Senior Vice-President
Servicing: Prince George, Terrace, Quesnel, Vanderhoof
2026-07-13
MNP Consumer Debt Index
Atlantic Canadians (68%) are more likely than those in other provinces to say at least half of their income is already committed to bills, debt payments, and regular expenses before it arrives.
2026-07-13
MNP Consumer Debt Index
According to the latest MNP Consumer Debt Index, three in five Canadians (61%) say at least half of their income is already committed to bills, debt payments, and regular expenses before it arrives.
2026-07-13
MNP Consumer Debt Index
According to the latest MNP Consumer Debt Index, nearly three in five British Columbians (58%) say at least half of their income is already committed to bills, debt payments, and regular expenses before it arrives.
