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Escalating 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.
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_forwardNearly a third of Manitoba and Saskatchewan residents are starting 2025 already insolvent, unable to pay their bills and debt obligations
13/01/2025
Tanya Reynolds
MNP Consumer Debt Index
Nearly half of Manitoba and Saskatchewan residents are teetering on the edge of financial insolvency heading into 2025, despite declining interest rates.
Read More arrow_forwardMNP Consumer Debt Index plunges to 79 points, the second-lowest level ever recorded
13/01/2025
Grant Bazian
MNP Consumer Debt Index
The latest MNP Consumer Debt Index has dropped to 79 points, a staggering 10-point decline from last quarter.
Read More arrow_forwardSeven in 10 Quebecers urgently need interest rates to go down despite interest rate cuts, more than those in any other province
13/01/2025
Frederic Lachance
MNP Consumer Debt Index
According to the latest MNP Consumer Debt Index, more than half of Quebecers (53%) are $200 or less away from insolvency.
Read More arrow_forwardBuyers Remorse Laws (MNP 3 Minute Debt Break)
08/01/2025
Lifestyle Debt
3 Minute Debt Break podcast
Holiday Parties on a Budget (MNP 3 Minute Debt Break)
18/12/2024
Lifestyle Debt
3 Minute Debt Break podcast
What happens when you’re a shareholder or director of a company during personal Bankruptcy
17/12/2024
Alana Orrell
Consumer Proposal
Navigating personal Bankruptcy is challenging enough, but the complexity increases significantly when you’re also a shareholder or director of a corporation.
Read More arrow_forwardBad Debt (MNP 3 Minute Debt Break)
03/12/2024
Lifestyle Debt
3 Minute Debt Break podcast
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