2025-01-16
What happens to my savings account during a Consumer Proposal?
MNP Consumer Debt Index
What happens to your savings account during a Consumer Proposal? Learn about the factors impacting what happens to the funds in your savings account.
Consumer Debt Weighs On Prince George
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.
Leah Drewcock
CIRP, LIT
Senior Vice-President
Servicing: Prince George, Terrace, Quesnel, Vanderhoof
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MNP Consumer Debt Index
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2025-01-13
MNP Consumer Debt Index plunges to 79 points, the second-lowest level ever recorded
MNP Consumer Debt Index
The latest MNP Consumer Debt Index has dropped to 79 points, a staggering 10-point decline from last quarter.
