MNP Debt Blog

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.

The insolvency rate in the area, which had been declining since 2010, took a slight uptick to 3.4 per cent in 2018.

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.