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.
Saskatchewan Had The Highest Loan Delinquency Rate In The Country At 304 Per Cent In The First Quarter
As of May 20, 2016, Saskatchewan had the highest delinquency rate in the country. Given how significantly Saskatchewan and Alberta have been hit by the oil slump, this doesn’t necessarily come as a surprise to financial strategists and advisors throughout the country. As severance pay and EI begins to run out for unemployed oil patch workers, the question is – what happens now?
Latest Blog Posts
2025-01-13
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
MNP Consumer Debt Index
Albertans are feeling more pessimistic about their personal finances heading into 2025, despite declining interest rates.
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.
