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.
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.
Zaki Alam
CIRP, LIT, CPA, CA
Senior Vice President
Servicing: Edmonton (Downtown), Edmonton (North East), Edmonton (South), Edmonton (West), Grande Prairie, Leduc, Sherwood Park, Spruce Grove, St. Albert, Yellowknife
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Escalating financial concerns in Alberta: Nearly three in five fear they can't repay debts despite interest rate cuts, worries over job loss and Bankruptcy increase
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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.
