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Number 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_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_forwardNewfoundlanders 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_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.
Read More arrow_forwardManitoba and Saskatchewan feeling the strain of inflation, increased cost of living
10/07/2023
Tanya Reynolds
MNP Consumer Debt Index
Amid rising interest rates and a challenging cost of living households, the proportion of Manitoba and Saskatchewan residents who report being close to insolvency has crept up since last quarter, 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
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_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_forwardWhat happens when you’re overspending?
06/07/2023
Jeane Herman
Lifestyle Debt
Many people start a new month or year with the intention to budget and save, but not many are able to stop themselves from overspending. If you’re dealing with overspending issues, you’re not alone.
Read More arrow_forwardSigns You Are Financially Healthy (MNP 3 Minute Debt Break)
05/07/2023
Lifestyle Debt
3 Minute Debt Break podcast
A guide to life after Consumer Proposal
26/06/2023
Linda Paul
Alternatives to Bankruptcy
Consumer Proposal
You’ve made your last payment but now what? How to establish and keep good financial habits following a Consumer Proposal.
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