MNP Debt Blog

If you’re struggling to control your debt, you know the vicious cycle it can become.

Despite the Bank of Canada stating it will keep interest rates stable until next year, more than half (54%) of Canadians say they are more concerned about their ability to repay their debts than they used to be.

Sometimes life doesn’t turn out the way we expected and we find ourselves overwhelmed with debt.

Home equity lines of credit (HELOCs) have emerged as one of the biggest contributors to the growth of household debt in Canada, particularly in markets where real estate values have surged over the last decade. The latest data from the Office of Superintendent...

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....

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.

Almost everyone looks forward to retiring some day.

The money relationship is often a turbulent one. When things are going well, money represents opportunity, freedom and comfort. When they’re not, it’s a massive source of stress, worry and frustration.

As humans, we’re pretty good at ignoring problems we can’t or don’t want to deal with, hoping they’ll eventually go away.

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...