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About one-third of Manitoba and Saskatchewan residents fear they may never be debt-free; acknowledge needing help, but two in five are too embarrassed to seek it

According to a new survey conducted by Ipsos on behalf of MNP LTD, three in 10 (29%) Manitoba and Saskatchewan residents acknowledge they need help to get out of debt.

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Nearly half of Albertans fear they may never be debt-free; more than half acknowledge needing help, but are too embarrassed to seek it — all higher than any other province.

According to a new survey conducted by Ipsos on behalf of MNP LTD, more than half of Albertans acknowledge they need help to get out of debt (51%), but that they would be embarrassed to seek it out if their financial situation was bad enough to consider Bankruptcy (55%, +1pt from 2019) — both of which are higher than in any other province.

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Behind the numbers: Understanding Canadian debt challenges

If you’re like many Canadians, you’ve likely been hearing about high interest rates, household net worth, and the performance of financial markets.

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Seven tips to manage your finances in 2024

Are you planning to improve your finances in the new year? These seven tips can help you get started.

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What happens when you’re a shareholder or director of a company during personal Bankruptcy

Navigating personal Bankruptcy is challenging enough, but the complexity increases significantly when you’re also a shareholder or director of a corporation.

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