According to a Consumer Debt Sentiment Survey conducted by Ipsos on behalf of MNP, over 50 per cent of Canadians are very close to being unable to keep up with financial obligations. Details behind the survey can be found below.

Congratulations, you have successfully finished your Bankruptcy or Consumer Proposal! You took control of your financial life and solved your debt issues. Now what?

Summer conjures thoughts of lazy days at the lake, sunny afternoons in the garden, family barbeques and road trips you wish would never end.

With a stagnant economy and unemployment continuing to take its toll on several provinces, thousands of households or Canadian households are finding themselves struggling to keep up with an ever-increasing cost-of-living as debt continues to compound.

The rate had been growing since 2012, though it took a dip in 2017 before climbing again in 2018.

MNP Consumer Debt Sentiment Survey reveals Canadians’ feelings about their debt and their perception of their ability to meet their monthly payment obligations.

A recent Ipsos poll conducted by MNP LTD. shows Ontario residents are growing confident about their debt.

I am often asked if personal income tax and / or GST debt can be dealt with through a Consumer Proposal. The short answer is yes; however...

Despite the Bank of Canada stating it will keep interest rates stable until next year, more than half (55%) of Ontarians say they are more concerned about their ability to repay their debts than they used to be.

A new survey conducted by Ipsos on behalf of MNP LTD, shows 4 in 10 Quebecers (41%) say they would be embarrassed to get help if their financial situation was bad enough to consider Bankruptcy. Nearly 3 in 10 (28%) survey respondents say that the stigma surrounding Bankruptcy prevents them from seeking help.