MNP Debt Blog

According to a recent poll, a combination of high debt and low savings means BC residents would turn to debt if caught off guard by a financial emergency.

If you have several different debts and you’re starting to have trouble managing them, you’ve probably already encountered the stress of trying to figure out who’s going to get paid and who’s not going to get paid this month.

The COVID-19 pandemic has shut down businesses, shaken the global economy and caused large job losses across the country. Thousands of Canadians are taking advantage of federal support measures and many are considering additional ideas to slow all the...

It’s not something we’ve heard a lot of lately… but there is some financial optimism many Canadians are experiencing. It’s the financial “upside” to the pandemic thanks to relief measures and reduced spending.

Financial scams have been around for decades. But they have never been as common and invasive as they are today. The internet, online banking and countless other technologies have enabled fraudsters to invade people’s lives and trick them into handing...

The quarterly MNP Consumer Debt Index has taken a drastic plunge to 77 points, dropping a record 15 points from last quarter and marking an all-time low since the Index was created more than five years ago.