Unmanageable debt is stressful enough without the persistent half-truths and complete inaccuracies that prevent people from getting the relief they need and deserve. Bankruptcy, more than any other debt solution, often seems to be the target of these myths and misconceptions. Yet it is often the most cost effective, affordable, and fastest path to relief for many Canadians.

Financial jargon can be murky at the best of times. Downright frustrating when you’re sinking in the depths of unmanageable debt.

New research conducted by Ipsos on behalf of MNP LTD. finds six in 10 (63%) Ontarians feel the current low-interest environment is a good time to buy things they otherwise might not be able to afford.

Now in its fifteenth wave, the MNP Consumer Debt Index has dropped to 89 points, the lowest point since it was introduced in June 2017.

Now in its fifteenth wave, the MNP Consumer Debt Index finds four in 10 (42%) Manitoba and Saskatchewan residents are not confident they can cover their living expenses for the next year without going further into debt, a one-point drop from September.

The quarterly MNP Consumer Debt Index, which is now in its fifteenth wave, finds nearly half (45%) of Quebecers are not confident they can cover their living expenses for the next year without going further into debt — a 12-point increase from September.

Over the past few months, various financial relief measures from government, banks, and businesses have helped cushion the financial blow of the pandemic for many Canadian households. As these measures evolve or come to an end, the pandemic is still impacting household income for many. A new poll by Ipsos carried out on behalf of MNP LTD has found that four in ten (43%) Canadians are still experiencing disruption to either their own work situation...

A new poll by Ipsos carried out on behalf of MNP LTD has found that more than half (53%) of Albertans are still experiencing disruption to either their own work situation or that of someone else in their household in the form of lay-offs, reduced pay, or fewer working hours – a decrease of two points since June.

A new poll by Ipsos carried out on behalf of MNP LTD has found that one in three (36%) Atlantic Canadians are still experiencing disruption to either their own work situation or that of someone else in their household in the form of lay-offs, reduced pay, or fewer working hours – a decrease of 16 points since June.

A new poll by Ipsos carried out on behalf of MNP LTD has found that three in ten (30%) Quebecers are still experiencing disruption to either their own work situation or that of someone else in their household in the form of lay-offs, reduced pay, or fewer working hours.