MNP Debt Blog
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Nearly Half of Ontarians fear they may never be debt-free; acknowledge needing help, but more than half are too embarrassed to seek it
05/03/2025
Caryl Newbery-Mitchell
MNP Consumer Debt Index
Lifestyle Debt
Debt Solutions
According to a new survey conducted by Ipsos on behalf of MNP LTD, nearly half of Ontarians (49%) acknowledge they need help to get out of debt.
Read More arrow_forwardAbout one-third of Manitoba and Saskatchewan residents fear they may never be debt-free; acknowledge needing help, but two in five are too embarrassed to seek it
05/03/2025
Tanya Reynolds
MNP Consumer Debt Index
Lifestyle Debt
Debt Solutions
According to a new survey conducted by Ipsos on behalf of MNP LTD, three in 10 (29%) Manitoba and Saskatchewan residents acknowledge they need help to get out of debt.
Read More arrow_forwardNearly half of Albertans fear they may never be debt-free; more than half acknowledge needing help, but are too embarrassed to seek it — all higher than any other province.
05/03/2025
Lindsay Burchill
MNP Consumer Debt Index
Lifestyle Debt
Debt Solutions
According to a new survey conducted by Ipsos on behalf of MNP LTD, more than half of Albertans acknowledge they need help to get out of debt (51%), but that they would be embarrassed to seek it out if their financial situation was bad enough to consider...
Read More arrow_forwardTwo in five Canadians fear they may never be debt-free; acknowledge needing help, but nearly half are too embarrassed to seek it
03/03/2025
Grant Bazian
MNP Consumer Debt Index
Bankruptcy
Lifestyle Debt
Debt Solutions
March marks debt literacy month, aiming to educate, empower, and break the stigma amid rising consumer debt.
Read More arrow_forwardWhat happens if I don’t pay my taxes?
28/02/2025
Wesley Cowan
Consumer Proposal
Owing taxes can lead to penalties, garnishments, and asset seizures. Learn what happens if you don’t pay and the options available to protect yourself.
Read More arrow_forwardWho needs a debt plan, and who doesn’t?
27/02/2025
Jeane Herman
Debt Solutions
A debt plan can help you pay off your debts without going into more debt. Learn who needs a debt plan and how to develop a plan to achieve a debt-free future.
Read More arrow_forwardThe rise of small business delinquencies: What you should know
22/01/2025
Mario Mainella
What happens to my savings account during a Consumer Proposal?
16/01/2025
John Haralovich
MNP Consumer Debt Index
What happens to your savings account during a Consumer Proposal? Learn about the factors impacting what happens to the funds in your savings account.
Read More arrow_forwardNearly half of New Brunswickers are starting 2025 just $200 or less away from insolvency
13/01/2025
Tara Silliker
MNP Consumer Debt Index
Nearly half of Atlantic Canadians are teetering on the edge of financial insolvency heading into 2025, despite declining interest rates.
Read More arrow_forwardEscalating financial concerns in Alberta: Nearly three in five fear they can't repay debts despite interest rate cuts, worries over job loss and Bankruptcy increase
13/01/2025
Lindsay Burchill
MNP Consumer Debt Index
Albertans are feeling more pessimistic about their personal finances heading into 2025, despite declining interest rates.
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