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MNP Debt Blog

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Over half of Newfoundlanders are $200 or less away from insolvency, cannot pay their bills each month

13/10/2020

MNP Consumer Debt Index

The latest MNP Consumer Debt Index points to debt trouble in Atlantic Canada, particularly as payment deferrals and government emergency aid programs change or wind down.

More than half of Manitoba and Saskatchewan residents are $200 or less away from insolvency at month-end, the highest compared to other provinces

13/10/2020

MNP Consumer Debt Index

The latest MNP Consumer Debt Index points to debt trouble in the two provinces, particularly as payment deferrals and government emergency aid programs change or wind down.

Over half of Prince Edward Islanders are $200 or less away from insolvency, cannot pay their bills each month

13/10/2020

MNP Consumer Debt Index

The latest MNP Consumer Debt Index points to debt trouble in Atlantic Canada, particularly as payment deferrals and government emergency aid programs change or wind down.

Almost half of Ontarians are $200 or less away from insolvency, cannot pay their bills each month

13/10/2020

Caryl Newbery-Mitchell

MNP Consumer Debt Index

The latest MNP Consumer Debt Index points to debt trouble in Ontario, particularly as payment deferrals and government emergency aid programs change or wind down.

One quarter of Albertans technically insolvent, cannot pay their bills each month

13/10/2020

Sandra Landry

MNP Consumer Debt Index

The latest MNP Consumer Debt Index points to debt trouble in Alberta, particularly as payment deferrals and government emergency aid programs change or wind down.

Three in ten British Columbians say they cannot pay their bills each month, the most of any province

13/10/2020

Linda Paul

MNP Consumer Debt Index

The latest MNP Consumer Debt Index points to debt trouble in British Columbia, particularly as payment deferrals and government emergency aid programs change or wind down.

Half of Quebecers are $200 or less from insolvency at month-end (+10pts since June, largest jump compared to other provinces)

13/10/2020

Frederic Lachance

MNP Consumer Debt Index

The latest MNP Consumer Debt Index points to debt trouble in Quebec as payment deferrals and government emergency aid programs wind down or change.

More than half of Saskatchewan and Manitoba residents are $200 or less away from insolvency at month-end, the highest compared to other provinces

13/10/2020

Pamela Meger

MNP Consumer Debt Index

The latest MNP Consumer Debt Index points to debt trouble in the two provinces, particularly as payment deferrals and government emergency aid programs change or wind down.

MNP Consumer Debt Index Highlights Divergent Experiences of Canadians during COVID

13/10/2020

Grant Bazian

MNP Consumer Debt Index

As the country enters its seventh month of economic disruption, the pandemic recession is putting a spotlight on the divergent experiences of Canadians during COVID.

Debt addiction is a serious problem among Canadians. These are the signs to look out for and how to begin your recovery.

07/10/2020

Tanya Reynolds

Debt Solutions

Lifestyle Debt

Millions of Canadians are struggling with debt addiction — a problem that has worsened over more than a decade of historically low interest rates and a growing culture of debt normalization.