Saskatchewan Had The Highest Loan Delinquency Rate In The Country At 304 Per Cent In The First Quarter

2016-06-06   minute read

Grant Bazian

MNP Consumer Debt Index

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?

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