MNP Debt Blog

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.

Canadians’ current debt perception has reached an all-time low as t he latest MNP Consumer Debt Index drop s to 83 points — a decrease of three points from the last quarter .

Just when seniors should be relaxing and enjoying the fruits of their labour, many find themselves struggling financially — an unsettling contrast to the ease they’d hoped to live their golden years.

The latest MNP Consumer Debt Index finds that Atlantic Canadians are feeling increasingly confident in their personal finances this quarter as interest rate concerns ease.

The global crisis surrounding COVID-19 has delivered an unprecedented financial shock to Albertans at a time when personal finances are already a source of stress for many.

As the nation awaits the Bank of Canada’s next announcement on interest rates, Saskatchewan residents’ appetite for cheap credit is being highlighted by a new Ipsos survey conducted on behalf of MNP Debt.

As the nation awaits the Bank of Canada’s next announcement on interest rates, Ontarians’ appetite for cheap credit is being highlighted by a new Ipsos survey conducted on behalf of MNP Debt.

As the nation awaits the Bank of Canada’s next announcement on interest rates, Manitobans’ appetite for cheap credit is being highlighted by a new Ipsos survey conducted on behalf of MNP Debt.

Nearly half of Canadians are just $200 away from financial crisis; 28 per cent plan to take on more debt to cover regular household expenses in 2016.

A huge portion of residents of Saskatchewan and Manitoba are concerned about their level of debt and their ability to meet their payment obligations. Sixty-four per cent of residents now say they are $200 or less per month away from not being able to...