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MNP Consumer Debt Index: January 2020 Results Summary

Now in its eleventh wave, the MNP Consumer Debt Index has dropped five points since September (96 points), matching the lowest ever recorded back in March 2018.

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Low interest rates and rising costs leading many Albertans down ever-riskier path to borrow more

Six in 10 Albertans are likely to pile on more consumer debt before the end of the year, including one in five who will use buy now, pay later options.

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Low interest rates and rising costs leading many Ontarians down ever-riskier path to borrow more

Six in 10 Ontarians are likely to pile on more consumer debt before the end of the year, including one in five who will use buy now, pay later options.

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Holiday cheers or tears?

Cost of living trends in Southern Alberta

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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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Consumer Proposal vs Bankruptcy (MNP 3 Minute Debt Break)

For eliminating debt all-together, two widely used options for Canadian households are Bankruptcy and Consumer Proposals. Although both filings are legislated under the Bankruptcy and Insolvency Act, also known as the BIA, and must be filed by a Licensed Insolvency Trustee, these are two separate processes.

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April MNP Consumer Debt Index (3 Minute Debt Break)

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Credit crunch in Newfoundland: Seven in 10 Atlantic Canadians are concerned about the impact of interest rates on their financial situation, jumping a staggering 15 points since last quarter

As another Bank of Canada interest rate announcement looms, a recent poll conducted by Ipsos on behalf of MNP LTD finds seven in 10 Atlantic Canadians (71%) are concerned about the impact of rising interest rates on their financial situation.

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Credit crunch in Nova Scotia: Seven in 10 Atlantic Canadians are concerned about the impact of interest rates on their financial situation, jumping a staggering 15 points since last quarter

As another Bank of Canada interest rate announcement looms, a recent poll conducted by Ipsos on behalf of MNP LTD finds seven in 10 Atlantic Canadians (71%) are concerned about the impact of rising interest rates on their financial situation.

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