2025-04-14
Three quarters of New Brunswickers have cut spending or postponed major purchases
MNP Consumer Debt Index
Three-quarters (76%) say they have cut back on spending due to economic uncertainty — more than those in any other province.
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
Latest Blog Posts
2025-04-14
Nearly three-quarters of Quebecers have cut spending or postponed major purchases as they take steps to safeguard their finances amid economic uncertainty
MNP Consumer Debt Index
Nearly three-quarters (73%) say they have cut back on spending due to economic uncertainty, and nearly as many (70%) say they are delaying major purchases or investments, according to the latest MNP Consumer Debt Index.
2025-04-14
Nearly three-quarters of British Columbians have cut spending or postponed major purchases as they take steps to safeguard their finances amid economic uncertainty
MNP Consumer Debt Index
Nearly three-quarters say they have cut back on spending (74%) and are delaying major purchases or investments (75%), according to the latest MNP Consumer Debt Index.
