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MNP Debt Blog

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MNP Consumer Debt Index: October 2019 Results Summary

Canadians who find themselves in serious financial trouble could be digging themselves into a deeper hole by not seeking help when they need it.

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According to a recent Ipsos poll conducted by MNP LTD., Atlantic Canadians are the sole exception to a Canada-wide trend of increased anxiety around debt, interest rates and personal finances.

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As the shopping rush reaches peak intensity before the holidays, a local debt expert is warning Saskatchewan and Manitoba residents to avoid taking on more debt or payday loans, as they try to cope with the pressures of last minute gifts and Christmas...

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Atlantic Canadians are growing more concerned about their amount of debt and their ability to meet their payment obligations.

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Despite the Bank of Canada stating it will keep interest rates stable until next year, more than 6 in 10 (62%) Atlantic Canadians say they are more concerned about their ability to repay debts than they used to be — the highest proportion compared to...

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

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Albertans Increasingly Feeling The Impact Of Higher Interest Rates

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

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The number of consumer insolvencies per thousand residents in the area, aged 18 years or above, remained at 2.9 in 2018.

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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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A recent Ipsos poll conducted by MNP LTD. indicates a significant improvement in Atlantic Canadians’ debt situations over the past four months.

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