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MNP Debt Blog

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Unemployment in the age of COVID-19

According to Government of Canada figures, upwards of five million Canadians have applied for COVID-19-related income loss support since measures were announced in March.

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Five Tips for Managing Your Finances During the COVID-19 Pandemic

The ongoing uncertainty and instability caused by the COVID-19 pandemic have many people concerned about how they’re going to weather the months ahead.

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While social distancing is the right thing to do to defeat COVID-19, we realize these are difficult times. If you have been impacted by the pandemic and have questions about dealing with your debts, we are here to help. Our team is listening and will...

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In the midst of a pandemic, taking care of yourself and your personal health is of the utmost importance. However, this doesn't mean you can abandon your financial health.

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COVID-19 Rule Changes Now Allow for Virtual Bankruptcies and Consumer Proposals

Canadians are facing a lot of uncertainty right now. With a sudden economic downturn and many businesses shuttered due to social distancing measures, millions have found themselves out of work and unable to pay their debts.

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The COVID-19 pandemic has shut down businesses, ravaged the global economy and caused significant job losses across the country.

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Unprecedented drop in insolvencies likely not a sign of financial stability

MNP released its most recent Consumer Debt Index just as the COVID-19 pandemic started gaining a foothold in Canada. The data — which Ipsos collected over the two weeks preceding the indefinite shutdown of non-essential businesses and millions of...

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Nearly Half (46%) of Canadians’ Work Situations Still Affected by Pandemic

As the Canadian economy begins to re-open after being shuttered for months due to COVID-19, nearly half of Canadians’ (46%) work situations are still affected by the pandemic.

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As British Columbia’s economy begins to re-open after months of being shuttered, half (51%) of British Columbians’ work situation is still affected by the COVID-19 pandemic.

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As the Albertan economy begins to re-open after months of being shuttered, half (55%) of Albertans’ work situation is still affected by the COVID-19 pandemic – more than any other province.

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