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Insolvency Rate In The Avalon Peninsula Reaches All-Time High
13/06/2019
Greg Gosse
MNP Consumer Debt Index
The number of consumer insolvencies per thousand residents in the Avalon Peninsula, aged 18 years or above, hit 7.1 in 2018 – the highest level since tracking began in 1987.
Read More arrow_forwardB.C. Residents Increasingly Feeling The Impact Of Higher Interest Rates
12/04/2018
MNP Consumer Debt Index
According to a recent Ipsos poll conducted by MNP LTD., British Columbians’ pocketbooks are continuing to get lighter as a result of recent interest rate increases.
Read More arrow_forwardBritish Columbia Consumer Insolvencies Jump 11 Per Cent In The Second Quarter
20/08/2019
Bankruptcy
Underscoring British Columbians' financial vulnerabilities when it comes to consumer debt, the latest official figures from the Office of the Superintendent of Bankruptcy (OSB) continue to reinforce the mounting strain on many households in the province....
Read More arrow_forwardBritish Columbians Are Significantly Less Optimistic About Their Financial Future More Concerned About Interest Rates and Their Current Debt
22/04/2019
MNP Consumer Debt Index
British Columbians are feeling significantly less optimistic about their financial future, consumer debt and personal finances than was the case just a few months ago, according to the latest MNP Consumer Debt Index; a quarterly survey conducted by Ipsos...
Read More arrow_forwardBritish Columbians Feel Increasingly Optimistic About Debt
09/07/2018
MNP Consumer Debt Index
A recent Ipsos poll conducted by MNP LTD. shows British Columbians are growing confident about their debt. Most notably, nearly three in five (57%) B.C. residents say they’re more optimistic than they were four months ago.
Read More arrow_forwardBritish Columbians Find Themselves With Less Money Each Month, Nearly Half Concerned About Their Ability To Repay Debts
28/10/2019
MNP Consumer Debt Index
Despite the Bank of Canada stating it will keep interest rates stable until next year, nearly half (48%) of British Columbians say they are more concerned about their ability to repay debts than they used to be.
Read More arrow_forwardBritish Columbians Optimistic About Debt Except When it Comes to Unexpected Expenses
10/08/2017
MNP Consumer Debt Index
According to an Ipsos survey conducted on behalf of MNP LTD., the majority of British Columbians feel they can cover next year’s living expenses without incurring more, despite concern about mounting consumer debt in Canada.
Read More arrow_forwardBuyer's Remorse Laws Can Help You Stay Out Of Debt
21/11/2018
Lifestyle Debt
We’ve all been there – we swipe our credit card or sign on the dotted line to complete a long-coveted (or impulse) purchase only to realize a minute, a day or a week later that we’ve made a mistake.
Read More arrow_forwardCalgary's Insolvency Rate Reaches Highest Level In 21 Years
11/06/2019
Donna Carson
MNP Consumer Debt Index
The number of consumer insolvencies per thousand residents in Calgary, aged 18 years or above, hit 4.3 in 2018 – the highest level since 1997 when it sat at 4.8.
Read More arrow_forwardCan I File A Consumer Proposal If I'm Bankrupt?
17/05/2017
Mary Plahouras
Bankruptcy
Consumer Proposal
If you are an individual who has filed a bankruptcy under the BIA and you have not been discharged from bankruptcy, you may opt to make a Consumer Proposal to your creditors.
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