At MNP, we’re seeing a growing number of people working well-past retirement age simply to afford their monthly debt obligations.

Canadians who find themselves in serious financial trouble could be digging themselves into a deeper hole by not seeking help when they need it. A new survey conducted by Ipsos on behalf of MNP LTD, shows almost half of Canadians (46%) say they would be embarrassed to get help if their financial situation was bad enough to consider bankruptcy. One-third (31%) of survey respondents say the stigma surrounding bankruptcy prevents them from seeking help....

The number of consumer insolvencies per thousand residents in the Avalon Peninsula, aged 18 years or above, hit 7.1 in 2018 – the highest level since tracking began in 1987.

As a consumer finance professional, I field a lot of questions about money. But few do I experience more often than the age old — “Should I invest in my retirement or pay off my debt?”

It’s a week before payday and your car just broke down. Your mechanic tells you it’s going to cost $750 to fix the problem, but you only have $500 to get you through the next seven days.

This is the second in a two-part series about responsible credit management after an insolvency.

MNP Ltd.’s Licenced Insolvency Trustee Walter Mackinnon spoke with the Journal Pioneer regarding Aethon Aerospace Inc. and Testori Americas Corporation.

British Columbians are feeling significantly less optimistic about their financial future, consumer debt and personal finances than was the case just a few months ago, according to the latest MNP Consumer Debt Index; a quarterly survey conducted by Ipsos on behalf of MNP LTD.

According to an Ipsos survey conducted on behalf of MNP LTD., the majority of British Columbians feel they can cover next year’s living expenses without incurring more, despite concern about mounting consumer debt in Canada.

According to a recent Ipsos survey commissioned by MNP LTD., a large majority of Ontarians agree there is a lack of financial literacy amongst the public which is fueling the national consumer debt problem.