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More Than Half Of Canadians On The Brink Of Insolvency
17/05/2017
Grant Bazian
MNP Consumer Debt Index
Despite the fact that the Canadian economy continues to struggle, low interest rates have encouraged many Canadians to take on more debt.
Read More arrow_forwardBritish Columbians Embrace Low Interest Rates
17/05/2017
MNP Consumer Debt Index
With the Bank of Canada holding interest rates at record lows of just 0.5 per cent, many British Columbians are on a credit spending binge, using home equity as a means for taking on more debt.
Read More arrow_forwardBritish Columbians Struggle to Keep Finances Flowing
19/05/2017
MNP Consumer Debt Index
Okanagan Edge recently covered an MNP survey surrounding financial literacy and consumer spending throughout B.C.
Read More arrow_forwardCentral Bank Says No Rate Cut Considered Among Strong Growth, But Notes Risk
30/05/2017
Grant Bazian
MNP Consumer Debt Index
Given today's struggling economy, the fact that many households are grappling with the harsh realities of unemployment due to a stagnant energy sector and numerous other factors, an increase in interest rates, could push more than 30 per cent of respondents...
Read More arrow_forwardJust $200 Could Throw 50% of Canadians into Financial Ruin
12/06/2017
MNP Consumer Debt Index
Pair soaring debt with a general lack of financial literacy throughout Canada and we’ve got ourselves a perfect storm.
Read More arrow_forward50 Of Canadians 200 Away From Broke
21/06/2017
David Gowling
MNP Consumer Debt Index
With the Bank of Canada holding interest rates at record lows, Canadians have felt confident utilizing credit freely, despite a struggling national economy.
Read More arrow_forwardSurvey Results July 2017
01/07/2017
Grant Bazian
MNP Consumer Debt Index
Consumer Debt Puts B.C. Households At Risk
04/07/2017
MNP Consumer Debt Index
The Calgary Herald recently featured MNP’s Lana Gilbertson and Judy Scott discussing the state of consumer debt in B.C.
Read More arrow_forwardCanadians Face Stress Amidst Potential Interest Rate Hike
06/07/2017
Grant Bazian
MNP Consumer Debt Index
The results are in from MNP’s recent Debt Sentiment Survey. In short? Canadians are unsure about their financial futures and rising debt loads.
Read More arrow_forwardLack Of Financial Literacy Puts Albertan Households At Risk
10/07/2017
Zaki Alam
MNP Consumer Debt Index
As Albertans struggle with mounting debt, many lack the financial literacy to integrate the changes they need to get on track – and even ahead of their debt.
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