Insolvency Rates In Alberta Climb As The Economic Downturn Wears On

Few will be surprised to hear that when it comes to finances, Albertans are struggling. With a continual downturn in the price of oil, a barrage of layoffs and a weakened Canadian dollar, making it from one debt payment to the next has become a significant challenge.

MNP LTD Trustee Zaki Alam was interviewed by News Talk 770 to discuss the increase in insolvencies in Alberta. The original article was originally posted online at News Talk 770 on March 6, 2016.

Latest Blog Posts

2024-07-22

More than half of Nova Scotians say interest rates will need to drop much further before their financial situation significantly improves

Tina Powell

MNP Consumer Debt Index

Atlantic Canadians are feeling pessimistic about their personal finances, despite the recent interest rate cut by the Bank of Canada.

Read More

2024-07-22

More than half of Newfoundland and Labradorians say interest rates will need to drop much further before their financial situation significantly improves

Karen Aylward

MNP Consumer Debt Index

Atlantic Canadians are feeling pessimistic about their personal finances, despite the recent interest rate cut by the Bank of Canada.

Read More

2024-07-22

More than half of Prince Edward Islanders say interest rates will need to drop much further before their financial situation significantly improves

Tara Silliker

MNP Consumer Debt Index

Atlantic Canadians are feeling pessimistic about their personal finances, despite the recent interest rate cut by the Bank of Canada.

Read More

Consultation icon