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MNP Debt Blog

Documents meeting and business people planning on spreadsheet or tax advice

With tax season underway, many Canadians are left wondering what happens to their tax returns when they file a Bankruptcy or Consumer Proposal.

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Close up of woman hand calculating her monthly expenses with calculator

When money’s tight, quick loans feel like a solution. But for many, high‑interest debt creates bigger problems down the road.

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View of Canada Parliament building in Ottawa during tulip festival.

Three-quarters of Canadians say rising food and gas prices are straining their finances.

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person on a kayak

Many British Columbians continue to navigate the effects of ongoing economic uncertainty as conditions continue to shift, reshaping household behaviours.

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Two Adirondack chairs on a wooden dock overlook the tranquil blue waters of a Muskoka lake

Three-quarters of Ontarians say rising food and gas prices are straining their finances, the highest proportion among all provinces.

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Canola field in Saskatchewan Canada

More than half (56%) say they are experiencing financial whiplash as shifting conditions repeatedly disrupt their financial plans, according to the latest MNP Consumer Debt Index.

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Young couple relaxing by Bow Lake, Banff National Park, Alberta, Canada

Three in five (59%) say they are experiencing financial whiplash as shifting conditions repeatedly disrupt their financial plans, according to the latest MNP Consumer Debt Index.

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Red coastal cliffs meeting the ocean under a clear blue sky

Nearly three-quarters say rising food and gas prices are straining their finances.

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New Brunswick town at sunset

Nearly three-quarters say rising food and gas prices are straining their finances.

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Red Chair View of St Johns Newfoundland

Nearly three-quarters say rising food and gas prices are straining their finances.

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