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'Tis The Season To Be Budgeting
06/12/2016
Donna Carson
Debt Solutions
MNP’s Donna Carson recently spoke with Money Mentors shared some money saving tips to consider as we head into another busy holiday season.
Two in Five Married or Common Law Canadians Consider Themselves To Be Struggling Financially. But Who Should They Go To For Help?
21/05/2015
Grant Bazian
Lifestyle Debt
With summer just around the corner, love is on the mind of many Canadian couples. But it can be hard to think about love when money troubles get in the way. Unfortunately, according to an online survey conducted on behalf of MNP Ltd., one in four (27%) married and common law Canadians say financial stress is affecting their relationship.
Top 10 tips we can use to teach our children how to best manage their finances
Fixed credit, means you borrow money to buy something and you pay back the amount you have borrowed, usually over equal monthly payments.
Will Unpaid Debts Simply (Poof!) Disappear?
16/06/2017
Debt Solutions
As debt levels continue to creep, what happens when consumers can’t keep up with minimal payments, let alone being able to actually pay that debt down?
Sixty-four per cent of Saskatchewan and Manitoba residents say they are now living within $200 a month of being unable to pay their bills and debt payments each month
05/10/2016
Grant Bazian
MNP Consumer Debt Index
A huge portion of residents of Saskatchewan and Manitoba are concerned about their level of debt and their ability to meet their payment obligations. Sixty-four per cent of residents now say they are $200 or less per month away from not being able to meet all of their bills or debt obligations each month.
Saskatchewan Had The Highest Loan Delinquency Rate In The Country At 304 Per Cent In The First Quarter
06/06/2016
Grant Bazian
MNP Consumer Debt Index
As of May 20, 2016, Saskatchewan had the highest delinquency rate in the country. Given how significantly Saskatchewan and Alberta have been hit by the oil slump, this doesn’t necessarily come as a surprise to financial strategists and advisors throughout the country.
Overspending on the Holidays: Unexpected Expenses Can Cost Canadians More Than They Think
06/12/2016
Lifestyle Debt
Canadians plan to spend 17 per cent more this Christmas than last, according to Accenture’s annual Canada Holiday Shopping Survey, an average of $873 compared to the $744 they expected to spend last year.
Nearly Thirty Per Cent Of Atlantic Canadians Say Low Interest Rates Have Caused Them To Take On More Debt
13/04/2017
MNP Consumer Debt Index
As the nation awaits the Bank of Canada’s next announcement on interest rates, Atlantic Canadians’ appetite for cheap credit is being highlighted by a new Ipsos survey conducted on behalf of MNP Debt.
Nearly Forty Per Cent Of British Columbians Concerned About Making Debt Payments If Interest Rates Increase
13/04/2017
MNP Consumer Debt Index
As the nation awaits the Bank of Canada’s (BOC) next announcement on interest rates, British Columbians’ debt anxieties are being highlighted by a new Ipsos survey conducted on behalf of MNP Debt.
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