MNP Debt Blog

The Bank of Canada has raised interest rates five times since July 2017 after going nearly a decade without an increase.

​Of course, this is a trick question… Everyone needs an emergency fund.

According to a recent Ipsos survey commissioned by MNP LTD., a large majority of Ontarians agree there is a lack of financial literacy amongst the public which is fueling the national consumer debt problem.

According to a recent Ipsos survey commissioned by MNP LTD., a large majority of Albertans agree there is a lack of financial literacy amongst the public which is fueling the national consumer debt problem.

According to a recent Ipsos survey commissioned by MNP LTD., a large majority of Atlantic Canadians agree there is a lack of financial literacy amongst the public which is fueling the national consumer debt problem.

According to a recent Ipsos survey commissioned by MNP LTD., a large majority of British Columbians agree there is a lack of financial literacy amongst the public which is fueling the national consumer debt problem.

According to a recent Ipsos survey commissioned by MNP LTD., a large majority of Manitoba and Saskatchewan residents agree there is a lack of financial literacy amongst the public which is fueling the national consumer debt problem.

According to a recent Ipsos survey commissioned by MNP LTD., a large majority of Saskatchewan and Manitoba residents agree there is a lack of financial literacy amongst the public which is fueling the national consumer debt problem.

We’ve all been there – we swipe our credit card or sign on the dotted line to complete a long-coveted (or impulse) purchase only to realize a minute, a day or a week later that we’ve made a mistake.

Every purchase we make is an attempt to solve a problem. When we’re hungry, we buy food. When our car breaks down, we look for a new one.