2025-08-25
Owe the CRA money? Steps to help you get back on track
Owing the government money can be very intimidating as it's assumed the government has a limitless ability to collect the debt through any means necessary.
2018-04-01
According to a recent Ipsos poll conducted by MNP LTD., Canadians’ pocketbooks are continuing to get lighter as a result of recent interest rate increases. The latest results from the quarterly survey indicate a worsening situation foreshadows more trouble ahead. Up five percent over the last six months, more than two in eight (43%) Canadians say they’ve felt the pinch of higher interest payments, and more than half (51%) are now concerned past and future hikes could impact their ability to repay their debts. Also up five percent, a full third of Canadians now believe this trend could push them towards bankruptcy.
Details behind MNP’s Consumer Debt Index, along with our provincial and national news releases can be found below.
National: Trouble Ahead: Canadians Increasingly Feeling the Impact of Higher Interest Rates
B.C.: British Columbians Increasingly Feeling the Impact of Higher Interest Rates
Alberta: Albertans Increasingly Feeling the Impact of Higher Interest Rates
Saskatchewan: Saskatchewans Increasingly Feeling the Impact of Higher Interest Rates
Manitoba: Manitobans Increasingly Feeling the Impact of Higher Interest Rates
Ontario: Ontarians Increasingly Feeling the Impact of Higher Interest Rates
Atlantic: Atlantic Canadians Increasingly Feeling the Impact of Higher Interest Rates
2025-08-25
Owing the government money can be very intimidating as it's assumed the government has a limitless ability to collect the debt through any means necessary.
2025-08-14
Vacation costs can add up quickly without proper planning. This guide can help you budget so that you can make the most of your trip without overspending.
2025-08-05
Bankruptcy Consumer Proposal
Losing your job can be frustrating and, even more so, managing your financial wellbeing while you’re unemployed. However, you can successfully navigate the situation with the right budgeting tips.