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MNP Debt Blog

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Owing the government money can be very intimidating as it's assumed the government has a limitless ability to collect the debt through any means necessary.

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How do I know when to ask for help with my debt?

Most people wait far too long to seek professional help with their debt. There are several common reasons for the hesitation.

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Living on a Single Income (3 Minute Debt Break)

With a wavering Canadian economy and unemployment continuing to roll through several Canadian provinces, thousands of households have found themselves struggling to make it from one financial obligation to the next. This is especially true for single...

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The truth about tax debt

Owing Canada Revenue Agency (CRA) money can be overwhelming — especially because the government has greater powers to collect outstanding debts compared to other creditors.

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The latest debt index finds Canadians are showing record-low confidence levels when it comes to their personal finances and debt repayment abilities. Now in its nineteenth wave, the MNP Consumer Debt Index has reached the lowest point since inception,...

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Half of Quebecers concerned about impact of rising interest rates

As the country inches closer to the Bank of Canada’s next interest rate announcement on March 2, 2022, many Quebec households stretched thin by rising costs of living over the COVID-19 pandemic will be bracing for a potentially challenging year...

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More than half of Ontarians concerned about impact of rising interest rates

As the country inches closer to the Bank of Canada’s next interest rate announcement on March 2, 2022, many Ontarian households stretched thin by rising costs of living over the COVID-19 pandemic will be bracing for a potentially challenging year...

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As the country inches closer to the Bank of Canada’s next interest rate announcement on March 2, 2022, many Atlantic Canadian households stretched thin by rising costs of living over the COVID-19 pandemic will be bracing for a potentially challenging...

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As the country inches closer to the Bank of Canada’s next interest rate announcement on March 2, 2022, many Atlantic Canadian households stretched thin by rising costs of living over the COVID-19 pandemic will be bracing for a potentially challenging...

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As the country inches closer to the Bank of Canada’s next interest rate announcement on March 2, 2022, many Atlantic Canadian households stretched thin by rising costs of living over the COVID-19 pandemic will be bracing for a potentially challenging...

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