MNP Debt Blog
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New Brunswickers among six in 10 (58%) Atlantic Canadians within $200 of financial insolvency; up three points since December, reaching a five-year high
08/04/2021
Tara Silliker
MNP Consumer Debt Index
Newfoundlanders among six in 10 (58%) Atlantic Canadians within $200 of financial insolvency; up three points since December, reaching a five-year high
08/04/2021
Greg Gosse
MNP Consumer Debt Index
Six in 10 (59%) Manitoba and Saskatchewan residents within $200 of financial insolvency; up 16 points since December, reaching a five-year high
08/04/2021
Tanya Reynolds
MNP Consumer Debt Index
Six in 10 (59%) say they are $200 or less from not being able to pay all their bills and debt obligations each month — a whopping 16-point jump from December and the highest compared to the other provinces. This includes three in 10 (31%, +10pts)...
Read More arrow_forwardMore than half (53%) of British Columbians within $200 of insolvency; up 14 points since December, reaching a five-year high
08/04/2021
Linda Paul
MNP Consumer Debt Index
More than half (54%) of Ontarians within $200 of financial insolvency; up 13 points since December, reaching a five-year high
08/04/2021
Caryl Newbery-Mitchell
MNP Consumer Debt Index
More than half (54%) say they are $200 or less from not being able to cover their monthly bills and debt obligations, a whopping 13-point jump from December. Compared to the other provinces, Ontarians are the most likely (32%, +10pts) to report they are...
Read More arrow_forwardOver half (53%) of Quebecers within $200 of financial insolvency; up six points since December
07/04/2021
Frederic Lachance
MNP Consumer Debt Index
Fifty-three percent say they are $200 or less away from not being able to meet all of their monthly bills and debt obligations, a six-point jump from December. This includes three in 10 (30%, +3pts) who report already being insolvent with no money left...
Read More arrow_forwardPrince Edward Islanders among six in 10 (58%) Atlantic Canadians within $200 of financial insolvency; up three points since December, reaching a five-year high
07/04/2021
Walter MacKinnon
MNP Consumer Debt Index
Why earlier is always better when discussing money with your children
01/04/2021
Randy Kobbert
Lifestyle Debt
We may not always agree with our parents, but we are undoubtedly influenced by their habits, attitudes, and points of view. The norms and traditions of our upbringing can have lasting impacts on everything from the kind of laundry detergent we prefer...
Read More arrow_forwardTax debt? You have options
01/04/2021
John Athanasiou
Bankruptcy
Consumer Proposal
Alternatives to Bankruptcy
This year’s tax season will more than likely be extra challenging for the nearly nine million Canadians who applied for the Canada Emergency Response Benefit in 2020.
Read More arrow_forwardThe collection agents are calling. How do I make it stop?
25/03/2021
David Gowling
Credit Counselling
Are you in a situation where you’ve fallen behind on your debts and now the account is in collections? As if the stress of your mounting bills wasn’t bad enough, now you’re worried there’s a collections agent lurking behind every...
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