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.

National Consumer Insolvency firm expanding to provided increased service in Northern Ontario

Now in its fifteenth wave, the MNP Consumer Debt Index finds four in 10 Albertans are not confident they can cover their living expenses this year without going further into debt.

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.

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 found more than half (52%) of British Columbians regret the amount of debt they have taken on, a five-point jump since September and the largest proportion compared to the other provinces.

Beginning around the holiday season every year, many people wonder whether they should take the leap and seek professional help with their debt.

If you’re struggling with your finances and heading toward bankruptcy, you may think it makes sense to sell or transfer some of your assets.

A recent Ipsos poll conducted on behalf of MNP LTD reveals higher costs and interest rates appear to be causing an isolation phenomenon, with more than half of Atlantic Canadians saying they’re staying home more often (55%) to save money. Two in five say they’re spending less time socializing (44%) to cut spending.

A recent Ipsos poll conducted on behalf of MNP LTD reveals higher costs and interest rates appear to be causing an isolation phenomenon, as half of Canadians say they’re staying home more often (51%) to save money.