MNP Debt Blog

The number of consumer insolvencies per thousand residents in the Avalon Peninsula, aged 18 years or above, hit 7.1 in 2018 – the highest level since tracking began in 1987.

According to a recent Ipsos poll conducted by MNP LTD., British Columbians’ pocketbooks are continuing to get lighter as a result of recent interest rate increases.

British Columbians are feeling significantly less optimistic about their financial future, consumer debt and personal finances than was the case just a few months ago, according to the latest MNP Consumer Debt Index; a quarterly survey conducted by Ipsos...

A recent Ipsos poll conducted by MNP LTD. shows British Columbians are growing confident about their debt. Most notably, nearly three in five (57%) B.C. residents say they’re more optimistic than they were four months ago.

Despite the Bank of Canada stating it will keep interest rates stable until next year, nearly half (48%) of British Columbians say they are more concerned about their ability to repay debts than they used to be.

According to an Ipsos survey conducted on behalf of MNP LTD., the majority of British Columbians feel they can cover next year’s living expenses without incurring more, despite concern about mounting consumer debt in Canada.

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.

Despite the Bank of Canada stating it will keep interest rates stable until next year, more than half (54%) of Canadians say they are more concerned about their ability to repay their debts than they used to be.

According to a recent Ipsos poll conducted by MNP LTD., Canadians are increasingly worried about their ability to repay their debts.

According to a recent Ipsos survey conducted on behalf of MNP LTD., the majority of Canadians feel they can cover next year’s living expenses without incurring more, despite concern about mounting consumer debt in Canada