MNP Debt Blog

The number of Canadians who filed for insolvency in the first quarter of 2019 was up six percent compared to the same quarter last year, according to the latest official figures

The number of consumer insolvencies per thousand residents in the area, aged 18 years or above, decreased to 7.4 in 2018.

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

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

Alberta’s consumer debt is the highest in the country and a new survey shows that Albertans are growing increasingly concerned about their ability to meet their payment obligations.

Albertans are feeling worse about their consumer debt and personal finances than other province, according to the latest MNP Consumer Debt Index, a quarterly survey conducted by Ipsos on behalf of MNP LTD.

Atlantic Canadians who find themselves in serious financial trouble could be digging themselves into a deeper hole by not seeking out help when they need it. A new survey conducted by Ipsos on behalf of MNP LTD, shows almost half of Atlantic Canadians...

Despite the Bank of Canada stating it will keep interest rates stable until next year, 6 in 10 (58%) Albertans say they are more concerned about their ability to repay their debts than they used to be.

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

While a recent Ipsos poll conducted by MNP LTD. has found Canadians are increasingly optimistic about their debt situations – that sentiment seems to have bypassed Alberta.