MNP Debt Blog
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Nearly Half of Ontarians fear they may never be debt-free; acknowledge needing help, but more than half are too embarrassed to seek it
05/03/2025
Caryl Newbery-Mitchell
MNP Consumer Debt Index
Lifestyle Debt
Debt Solutions
According to a new survey conducted by Ipsos on behalf of MNP LTD, nearly half of Ontarians (49%) acknowledge they need help to get out of debt.
Read More arrow_forwardAbout one-third of Manitoba and Saskatchewan residents fear they may never be debt-free; acknowledge needing help, but two in five are too embarrassed to seek it
05/03/2025
Tanya Reynolds
MNP Consumer Debt Index
Lifestyle Debt
Debt Solutions
According to a new survey conducted by Ipsos on behalf of MNP LTD, three in 10 (29%) Manitoba and Saskatchewan residents acknowledge they need help to get out of debt.
Read More arrow_forwardNearly half of Albertans fear they may never be debt-free; more than half acknowledge needing help, but are too embarrassed to seek it — all higher than any other province.
05/03/2025
Lindsay Burchill
MNP Consumer Debt Index
Lifestyle Debt
Debt Solutions
According to a new survey conducted by Ipsos on behalf of MNP LTD, more than half of Albertans acknowledge they need help to get out of debt (51%), but that they would be embarrassed to seek it out if their financial situation was bad enough to consider...
Read More arrow_forwardNearly two in five British Columbians fear they may never be debt-free; acknowledge needing help, but almost half are too embarrassed to seek it
05/03/2025
Linda Paul
MNP Consumer Debt Index
Lifestyle Debt
Debt Solutions
According to a new survey conducted by Ipsos on behalf of MNP LTD, while most British Columbians agree there is no shame in seeking help with debt (74%, -11pts from 2019), a significant gap remains between belief and action.
Read More arrow_forwardTwo in five Nova Scotians fear they may never be debt-free, acknowledge needing help, but are too embarrassed to seek it out
05/03/2025
Tina Powell
MNP Consumer Debt Index
Lifestyle Debt
Debt Solutions
Mounting financial pressures are driving some Atlantic Canadians into a cycle of overwhelming debt as stigma and confusion prevent many from seeking help.
Read More arrow_forwardTwo in five Canadians fear they may never be debt-free; acknowledge needing help, but nearly half are too embarrassed to seek it
03/03/2025
Grant Bazian
MNP Consumer Debt Index
Bankruptcy
Lifestyle Debt
Debt Solutions
March marks debt literacy month, aiming to educate, empower, and break the stigma amid rising consumer debt.
Read More arrow_forwardWho needs a debt plan, and who doesn’t?
27/02/2025
Jeane Herman
Debt Solutions
A debt plan can help you pay off your debts without going into more debt. Learn who needs a debt plan and how to develop a plan to achieve a debt-free future.
Read More arrow_forwardUnderstanding financial literacy in Canada
13/11/2024
Linda Paul
Debt Solutions
These days, financial literacy is a crucial life skill.
Read More arrow_forwardDoes a Consumer Proposal Affect My Job?
26/09/2024
Caryl Newbery-Mitchell
Debt Solutions
Many Canadians considering this debt relief option wonder if it may jeopardize their employment.
Read More arrow_forwardUnlock the power of compound interest
23/09/2024
Debt Solutions
Lifestyle Debt
Explore what compound interest is, provide examples of how it can impact both investments and loans, and discuss the pros and cons to help you make informed financial decisions.
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