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MNP Debt Blog

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More Quebec residents see grey skies on the horizon heading into the new year as fewer expect their debt situation to improve within the next 12 months, according to the latest MNP Consumer Debt Index conducted quarterly by Ipsos.

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Ontarians Increasingly Pessimistic About Their Consumer Debt

The number of Ontarians who say they are $200 or less away from being insolvent at month end has jumped 10 points since September to 53 percent, according to the latest MNP Consumer Debt Index conducted quarterly by Ipsos.

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Saskatchewan and Manitoba residents see blue skies on the horizon heading into the new year and beyond as more expect their debt situation to improve, according to the latest MNP Consumer Debt Index conducted quarterly by Ipsos.

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The number of Atlantic Canadians who say they are now $200 or less away from being insolvent at month end has dropped seven points since September to 49 percent, according to the latest MNP Consumer Debt Index conducted quarterly by Ipsos.

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Manitoba and Saskatchewan residents see blue skies on the horizon heading into the new year and beyond as more expect their debt situation to improve, according to the latest MNP Consumer Debt Index conducted quarterly by Ipsos.

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MNP Consumer Debt Index: October 2019 Results Summary

Canadians who find themselves in serious financial trouble could be digging themselves into a deeper hole by not seeking help when they need it.

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According to a recent Ipsos poll conducted by MNP LTD., Atlantic Canadians are the sole exception to a Canada-wide trend of increased anxiety around debt, interest rates and personal finances.

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As the shopping rush reaches peak intensity before the holidays, a local debt expert is warning Saskatchewan and Manitoba residents to avoid taking on more debt or payday loans, as they try to cope with the pressures of last minute gifts and Christmas...

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Atlantic Canadians are growing more concerned about their amount of debt and their ability to meet their payment obligations.

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Despite the Bank of Canada stating it will keep interest rates stable until next year, more than 6 in 10 (62%) Atlantic Canadians say they are more concerned about their ability to repay debts than they used to be — the highest proportion compared to...

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