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Two 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_forwardWhat happens to my savings account during a Consumer Proposal?
16/01/2025
John Haralovich
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.
Read More arrow_forwardNearly half of New Brunswickers are starting 2025 just $200 or less away from insolvency
13/01/2025
Tara Silliker
MNP Consumer Debt Index
Nearly half of Atlantic Canadians are teetering on the edge of financial insolvency heading into 2025, despite declining interest rates.
Read More arrow_forwardEscalating 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
13/01/2025
Lindsay Burchill
MNP Consumer Debt Index
Albertans are feeling more pessimistic about their personal finances heading into 2025, despite declining interest rates.
Read More arrow_forwardNearly half of Newfoundland and Labradorians are starting 2025 just $200 or less away from insolvency
13/01/2025
Greg Gosse
MNP Consumer Debt Index
Nearly half of Atlantic Canadians are teetering on the edge of financial insolvency heading into 2025, despite declining interest rates
Read More arrow_forwardNearly half of Prince Edward Islanders are starting 2025 just $200 or less away from insolvency
13/01/2025
Tara Silliker
MNP Consumer Debt Index
Nearly half of Atlantic Canadians are teetering on the edge of financial insolvency heading into 2025, despite declining interest rates.
Read More arrow_forwardNearly half of Nova Scotians are starting 2025 just $200 or less away from insolvency
13/01/2025
Tina Powell
MNP Consumer Debt Index
Nearly half of Atlantic Canadians are teetering on the edge of financial insolvency heading into 2025, despite declining interest rates.
Read More arrow_forwardNearly a third of Saskatchewan and Manitoba residents are starting 2025 already insolvent, unable to pay their bills and debt obligations
13/01/2025
Pamela Meger
MNP Consumer Debt Index
Nearly half of Saskatchewan and Manitoba residents are teetering on the edge of financial insolvency heading into 2025, despite declining interest rates.
Read More arrow_forwardNearly half of British Columbians are starting 2025 just $200 or less away from financial insolvency
13/01/2025
Linda Paul
MNP Consumer Debt Index
Nearly half of British Columbians are teetering on the edge of financial insolvency heading into 2025, despite declining interest rates.
Read More arrow_forwardEscalating financial concerns in Ontario: Nearly three in five fear they can't repay debts despite interest rate cuts, worries over job loss and Bankruptcy increase
13/01/2025
Caryl Newbery-Mitchell
MNP Consumer Debt Index
Ontarians are feeling more pessimistic about their personal finances heading into 2025, despite declining interest rates.
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