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Four in 10 (42%) Quebecers’ Work Situation Affected by Pandemic

As the Quebec economy begins to re-open after months of being shuttered, four in 10 (42%) Quebecers’ work situations are still affected by the COVID-19 pandemic.

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

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.

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How to recognize the emotional and physical side effects of debt

The effects of debt can vary from person to person. You might worry over a $1,000 credit card debt, while your friend might not give a second thought until it’s in the tens of thousands.

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

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.

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Should I be using my credit card for big purchases?

Like many of the topics we tackle at MNP, the unfortunate answer here is it depends on why you want to use your credit card and what your plan is to pay it off.

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

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.

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

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.

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

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.

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

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.

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

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.

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