MNP Debt Blog

With a continual downturn in the price of oil, a barrage of layoffs and a weakened Canadian dollar, making it from one debt payment to the next has become a significant challenge.

With banks offering consumers a record amount of credit in recent years, Canadian households will face tough times ahead if they aren’t able to reduce their debt loads.

Even with their debt concerns growing, Canadians appear to be reluctant to get help. A survey from MNP Debt revealed that only 14 per cent of Canadians who admit to being unable to pay their bills have sought professional help to deal with their debt....

With a weakened economy, a struggling loonie and in some provinces, many facing the reality of under or unemployment, many Canadians are so financially stretched they aren’t sure how they will keep up with the day-to-day cost-of-living, let alone...

Increased interest rates are supposed to signal an improving economy.

With economists predicting another increase before the year is out, Canadians should begin bracing themselves for some significant changes now before it’s too late.

Given the current economic downturn in Alberta, it's not surprising to learn that insolvencies are at a significant upturn in the province. MNP's Donna Carson was on hand to speak with the Globe and Mail about the financial distress many in the province...

According to a recent Ipsos poll conducted by MNP LTD., Atlantic Canadians are increasingly worried about their ability to repay their debts.

According to a recent Ipsos poll conducted by MNP LTD., the increased cost of borrowing due to rising interest rates is causing many Atlantic Canadians to re-evaluate their relationship with debt.

​According to a recent Ipsos poll conducted by MNP LTD., the increased cost of borrowing due to rising interest rates is causing many British Columbians to re-evaluate their relationship with debt.