MNP Debt Blog
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PEI residents feeling flush and ready to spend as concern about debt and personal finances eases post-pandemic
19/07/2021
Walter MacKinnon
MNP Consumer Debt Index
The MNP Consumer Debt Index finds a third (32%) say they plan to spend more than normal on things such as travel, dining, and entertainment as they re-engage with the economy.
Read More arrow_forwardNearly half of British Columbians doubtful they can cover living expenses this year without going further into debt (47%, + 9 points)
19/07/2021
Linda Paul
MNP Consumer Debt Index
The quarterly poll conducted by Ipsos on behalf of MNP LTD finds British Columbians are the most likely (47%, +9pts since March) to say they are not confident they’ll be able to cover all living and family expenses in the next 12 months without...
Read More arrow_forwardNewfoundlanders feeling flush and ready to spend as concern about debt and personal finances eases post-pandemic
19/07/2021
Greg Gosse
MNP Consumer Debt Index
The MNP Consumer Debt Index finds a third (32%) say they plan to spend more than normal on things such as travel, dining, and entertainment as they re-engage with the economy.
Read More arrow_forwardFour in 10 Saskatchewan and Manitoba residents doubtful they can cover living expenses this year without going further into debt, most since December 2019
19/07/2021
Pamela Meger
MNP Consumer Debt Index
The quarterly poll conducted by Ipsos on behalf of MNP LTD finds four in 10 (43%, unchanged since March) households are not confident they’ll be able to cover all living and family expenses in the next 12 months without spending on credit.
Read More arrow_forwardNearly half of Albertans doubtful they can cover living expenses this year without going into further debt, highest level in three years
19/07/2021
Donna Carson
MNP Consumer Debt Index
The quarterly poll conducted by Ipsos on behalf of MNP LTD finds almost half (45%, +5pts since March) are not confident they’ll be able to cover all living and family expenses in the next 12 months without spending on credit.
Read More arrow_forwardFour in 10 Manitoba and Saskatchewan residents doubtful they can cover living expenses this year without going further into debt, most since December 2019
19/07/2021
Tanya Reynolds
MNP Consumer Debt Index
The quarterly poll conducted by Ipsos on behalf of MNP LTD finds four in 10 (43%, unchanged since March) households are not confident they’ll be able to cover all living and family expenses in the next 12 months without spending on credit.
Read More arrow_forwardNearly half of Quebecers doubtful they can cover living expenses this year without going further into debt (46%, up 9 points)
19/07/2021
Frederic Lachance
MNP Consumer Debt Index
The quarterly poll conducted by Ipsos on behalf of MNP LTD finds almost half (46%) of households in the province are not confident they’ll be able to cover all living and family expenses in the next 12 months without spending on credit.
Read More arrow_forwardDoes Bankruptcy mean losing everything?
20/07/2021
Tanya Reynolds
Lifestyle Debt
Debt Solutions
Bankruptcy
The most common concern for debtors contemplating a Bankruptcy is what they’ll have to give up to achieve a financial fresh start.
Read More arrow_forwardHow do I know if I have too much debt? Six signs that don’t lie
20/07/2021
Olivier Boyd
Bankruptcy
Alternatives to Bankruptcy
This question comes up a lot, but it’s a difficult one to answer. While everyone loves a good benchmark, there’s never a clear-cut answer for how much debt is too much for any individual.
Read More arrow_forwardHow Do I Know I Am In Financial Trouble (MNP 3 Minute Debt Break)
21/07/2021
Lifestyle Debt
Bankruptcy
Alternatives to Bankruptcy
The warning signs of personal financial trouble are everywhere. Knowing what they are and how to recognize them can be the difference between quickly recovering from one or two bad months and being trapped in a months or years-long battle with debt. ...
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