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.
Why Are So Many Canadians In Debt
A debt survey conducted by MNP found that nearly half of Canadians are within just $200 of not being able to keep up with their monthly financial obligations. Given today’s economic climate and the state of the Canadian dollar, this comes as no surprise. For this reason, many are taking on more debt, simply to keep up with their expenses.
MNP LTD was interviewed by BNN to discuss the Canadian debt. The original article was originally posted online at BNN on February 18, 2016.
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.
