MNP Debt Blog

The number of consumer insolvencies per thousand residents in Winnipeg, aged 18 years or above, hit 3.1 in 2018 – rising to the highest level since 2010, when it also sat at 3.1.

For some people, quitting credit cards cold turkey is more than just great alliteration.

Often, people are uncomfortable speaking openly about their debt and its impact on their personal well-being.

Rich, poor or somewhere in between, financial wellbeing is an integral part of everyone’s mental health.

According to legend, Saint Valentine of Rome restored sight to his jailer’s blind daughter on the evening before his execution. The following morning, he wrote her a farewell letter and signed it ‘Your Valentine’ – kicking off a centuries-long tradition...

Unsurprisingly, a recent poll conducted by Ipsos on behalf of MNP LTD reveals 45% of Canadians say their financial situation is the worst around the holidays.

According to a recent Ipsos survey commissioned by MNP LTD., a large majority of Saskatchewan and Manitoba residents agree there is a lack of financial literacy amongst the public which is fueling the national consumer debt problem.

According to a recent Ipsos survey commissioned by MNP LTD., a large majority of Manitoba and Saskatchewan residents agree there is a lack of financial literacy amongst the public which is fueling the national consumer debt problem.

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.

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.