MNP Debt Blog

According to a recent Ipsos poll conducted by MNP LTD., Manitoba and Saskatchewan residents are the most likely (56%) to be within $200 of insolvency at month-end compared to other provinces – jumping 14 points since September.

According to a recent Ipsos poll conducted by MNP LTD., Saskatchewan and Manitoba residents are the most likely (56%) to be within $200 of insolvency at month-end compared to other provinces – jumping 14 points since September.

According to a recent Ipsos poll conducted by MNP LTD., a growing number of Quebec residents don’t earn enough to cover their bills and debt payments, with one third (33%) – a five percent increase since September – now mirroring that sentiment.

According to a recent Ipsos poll conducted by MNP LTD., a growing number of Ontarians are noticing the effects of recent interest rate increases.

According to a recent Ipsos poll conducted by MNP LTD., Canadians continue to fear increasing financial turbulence as the prospect of another interest rate hike looms.

According to a recent Ipsos poll conducted by MNP LTD., British Columbians are particularly worried that rising interest rates will impact their ability to repay debts, with 58 percent expressing concern.

According to a recent Ipsos poll conducted by MNP LTD., a growing number of Canadians are inching closer to insolvency – with the proportion who are $200 or less from being able to pay their bills each month (46%) rising six points since September.

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.

Some would believe that bankruptcy is an unappealing way to resolve their ongoing debt problems.

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