Drop in Oil Prices

2015-08-17

""

There is no doubt about it. The drop in oil prices has affected nearly everyone in Alberta. Central Alberta especially, is experiencing a significant hike in the amount of people seeking to restructure their debt or attain manageable debt relief solutions.

MNP Trustee Donna Carson recently spoke on the matter, addressing the average Albertans debt load in contrast to the rest of Canada.

Latest Blog Posts

2026-07-13

MNP Consumer Debt Index: Nova Scotians caught in pre-spent paycheque cycle amid sustained cost pressures

Tina Powell

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.

Read More

2026-07-13

MNP Consumer Debt Index: Canadians caught in pre-spent paycheque cycle amid sustained cost pressures

Grant Bazian

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.

Read More

2026-07-13

MNP Consumer Debt Index: British Columbians caught in pre-spent paycheque cycle amid sustained cost pressures

Linda Paul

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.

Read More

Consultation icon