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The Difference between Bankruptcy and Insolvency (3 Minute Debt Break)
18/09/2023
Bankruptcy
Consumer Proposal
Quebecers’ concern and regret about debt soars amidst rising rates and affordability struggles
10/07/2023
Frederic Lachance
MNP Consumer Debt Index
With interest rates rising and borrowing costs remaining a challenge for households, the proportion of Quebecers who feel anxious about debt has reached an all-time high.
Read More arrow_forwardCanadians’ concern about debt, ability to pay bills reach all-time high
10/07/2023
Grant Bazian
MNP Consumer Debt Index
As interest rates move upwards and the cost of living remains a challenge for households, the proportion of Canadians who report being insolvent has reached an all-time high, according to the latest MNP Consumer Debt Index.
Read More arrow_forwardAlbertans’ concern about ability to pay debt reaches all-time high amidst rising rates and affordability struggles
10/07/2023
Donna Carson
MNP Consumer Debt Index
Amid rising interest rates moving upwards and a challenging cost of living for households, the proportion of Albertans who are concerned about their ability to pay their debts has reached an all-time high.
Read More arrow_forwardNumber of British Columbians who are $200 away from being unable to pay their bills spikes amidst rising rates and affordability struggles
10/07/2023
Linda Paul
MNP Consumer Debt Index
With rising interest rates and the cost of living remaining a challenge for B.C. households, the proportion who report being close to insolvency has spiked.
Read More arrow_forwardNumber of insolvent Ontarians who are unable to cover their bills and debt obligations reaches an all-time high
10/07/2023
Caryl Newbery-Mitchell
MNP Consumer Debt Index
Amid rising interest rates and a challenging cost of living, the proportion of Ontarians who report being insolvent has reached an all-time high, according to the latest MNP Consumer Debt Index.
Read More arrow_forwardPrince Edward Islanders regret about debt soars amidst rising rates and affordability struggles
10/07/2023
MNP Consumer Debt Index
With rising interest rates and high borrowing costs remaining a challenge for households, Atlantic Canadians are feeling more pessimistic about their debt than any other province, according to the latest MNP Consumer Debt Index.
Read More arrow_forwardNew Brunswickers regret about debt soars amidst rising rates and affordability struggles
10/07/2023
Tara Silliker
MNP Consumer Debt Index
With rising interest rates and high borrowing costs remaining a challenge for households, Atlantic Canadians are feeling more pessimistic about their debt than any other province, according to the latest MNP Consumer Debt Index.
Read More arrow_forwardNova Scotians regret about debt soars amidst rising rates and affordability struggles
10/07/2023
Tina Powell
MNP Consumer Debt Index
With rising interest rates and high borrowing costs remaining a challenge for households, Atlantic Canadians are feeling more pessimistic about their debt than any other province, according to the latest MNP Consumer Debt Index.
Read More arrow_forwardSaskatchewan and Manitoba feeling the strain of inflation, increased cost of living
10/07/2023
Pamela Meger
MNP Consumer Debt Index
Amid rising interest rates and a challenging cost of living households, the proportion of Saskatchewan and Manitoba residents who report being close to insolvency has crept up since last quarter.
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