MNP Debt Blog

As Alberta continues to grapple with the price of crude oil on the global market and as a result, significant unemployment rolling through the energy sector – it comes as no surprise to learn tens of thousands of Albertans are struggling with financial...

Read this blog to put your financial fitness to the test.

According to MNP’s recent Consumer Debt Sentiment Survey, 56 per cent of Canadians are on the brink of financial ruin.

Nearly half (47 per cent) of all homeowners with a mortgage agree in that they’re concerned about their ability to make their mortgage payments when interest rates rise, according to a survey conducted by MNP Debt.

As interest rates continue to sit at rock bottom, many Canadians are left feeling (far) richer than they actually are, dipping deeper and deeper into credit reliance to accommodate spending habits.

If you're like most Canadians today, you might find you're struggling to keep up with the day-to-day cost of living. With a weakened economy and unemployment on the rise, many people across the country have found themselves relying on debt to make it...

With interest rates sitting at the bottom or the barrel, many British Columbians have felt free to spend as they please, dipping further and further into credit reliance in order to keep up spending habits.

The Calgary Sun recently covered an MNP survey confirming just how significant the numbers are when it comes to Albertans and their debt.

November 1 marks the beginning of Financial Literacy Month in Canada. Each year, Canadians set out on a month long journey to become more literate, more mindful and more in control of their finances.

Credit is somewhat of an enchanted thing. It allows us the flexibility to make purchases ahead of when we would otherwise be able to afford them. Unfortunately for many when it comes to credit, the ‘trick’ often follows the ‘treat’....