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MNP Consumer Debt Index reveals declining financial confidence and increasing debt concerns among Albertans as a result of pandemic

Now in its fifteenth wave, the MNP Consumer Debt Index finds four in 10 Albertans are not confident they can cover their living expenses this year without going further into debt.

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MNP Consumer Debt Index reveals declining financial confidence and increasing debt concerns among British Columbians due to pandemic

Now in its fifteenth wave, the MNP Consumer Debt Index found more than half (52%) of British Columbians regret the amount of debt they have taken on, a five-point jump since September and the largest proportion compared to the other provinces.

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MNP Consumer Debt Index reveals declining financial confidence and increasing debt concerns among Newfoundlanders as a result of the pandemic

Now in its fifteenth wave, the MNP Consumer Debt Index, which is conducted quarterly by Ipsos on behalf of MNP LTD, finds nearly half (47%) of Atlantic Canadians are not confident they can cover their living expenses for the next year without going further into debt.

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MNP Consumer Debt Index reveals declining financial confidence and increasing debt concerns among New Brunswick residents as a result of the pandemic

Now in its fifteenth wave, the MNP Consumer Debt Index, which is conducted quarterly by Ipsos on behalf of MNP LTD, finds nearly half (47%) of Atlantic Canadians are not confident they can cover their living expenses for the next year without going further into debt.

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MNP Consumer Debt Index reveals declining financial confidence and increasing debt concerns among Prince Edward Islanders as a result of the pandemic

Now in its fifteenth wave, the MNP Consumer Debt Index, which is conducted quarterly by Ipsos on behalf of MNP LTD, finds nearly half (47%) of Atlantic Canadians are not confident they can cover their living expenses for the next year without going further into debt.

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MNP Consumer Debt Index reveals pandemic impact on personal finances and consumer debt in Saskatchewan and Manitoba

Now in its fifteenth wave, the MNP Consumer Debt Index finds four in 10 (42%) Saskatchewan and Manitoba residents are not confident they can cover their living expenses for the next year without going further into debt, a one-point drop from September.

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Three calculations to assess your debt situation

MNP’s quarterly Consumer Debt Index consistently finds between 45 and 50 percent of Canadians are $200 or less away from insolvency at month-end.

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Mortgage broker vs. banker: Who should you see about a mortgage following a Bankruptcy or Consumer Proposal?

Your financial fresh start has opened a whole new work of possibilities for you, including the opportunity to become a homeowner.

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Post retirement debt is rising in Canada. But it doesn’t have to be the end of the road.

Debt during retirement is incredibly stressful, especially if you’re caring for an ailing spouse or dealing with health issues of your own.

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What’s different about Blue Monday 2021?

A 2004 media report famously declared the third Monday in January is the most depressing day of the year: The technicolour sheen of the holiday season has worn off.

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