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MNP Debt Blog

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Insolvency Rate In Winnipeg Reaches Highest Level In Eight Years

The number of consumer insolvencies per thousand residents in Winnipeg, aged 18 years or above, hit 3.1 in 2018 – rising to the highest level since 2010, when it also sat at 3.1.

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Consumer Insolvency Rate In Hamilton-Niagara Peninsula Region Remains Stable

The number of consumer insolvencies per thousand residents in the area, aged 18 years or above, remained at 3.3 in 2018.

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The number of consumer insolvencies per thousand residents in the area, aged 18 years or above, decreased to 7.4 in 2018.

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The rate, which had been growing since 2013, dipped in 2017 before climbing again in 2018.

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Edmontons Insolvency Rate Reaches Highest Level In 9 Years

The number of consumer insolvencies per thousand residents in Edmonton, aged 18 years or above, hit 4.4 in 2018 – rising to the highest level since 2009 when it sat at 4.5.

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Calgary's Insolvency Rate Reaches Highest Level In 21 Years

The number of consumer insolvencies per thousand residents in Calgary, aged 18 years or above, hit 4.3 in 2018 – the highest level since 1997 when it sat at 4.8.

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Consumer Insolvency Rate On The Decline In Montréal

The number of consumer insolvencies per thousand residents in Montréal, aged 18 years or above, decreased to 4.9 in 2018, continuing the downward trend since 2016.

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Consumer Insolvency Rate On The Decline In Cariboo Region

The number of consumer insolvencies per thousand residents in the Cariboo region, aged 18 years or above, decreased to 3.7 in 2017 and then again to 3.3 in 2018.

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My Debts Are Gone – Now What?

Congratulations, you have successfully finished your Bankruptcy or Consumer Proposal! You took control of your financial life and solved your debt issues. Now what?

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The number of Canadians who filed for insolvency in the first quarter of 2019 was up six percent compared to the same quarter last year, according to the latest official figures

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