Displaying results for:
MNP Consumer Debt Index hits record low amid growing concern about debt and rising interest rates among Canadians
18/04/2022
Grant Bazian
MNP Consumer Debt Index
The enduring financial impacts of COVID-19 coupled with the pressures of rising interest rates and a higher cost of living are weighing down Canadians’ confidence in their personal finances, according to the MNP Consumer Debt Index which is conducted quarterly by Ipsos on behalf of MNP LTD.
Albertans feeling the effects of rising interest rates more than any other province, half say increases could drive them closer to Bankruptcy
18/04/2022
MNP Consumer Debt Index
Albertans are feeling the enduring financial impacts of COVID-19 along with the pressures of increased interest rates and a rising cost of living more than any other province, according to the latest MNP Consumer Debt Index, which is conducted quarterly by Ipsos on behalf of MNP LTD.
More than half of British Columbians say they are already feeling the effects of interest rate increases, a six-point jump since December
18/04/2022
Linda Paul
MNP Consumer Debt Index
British Columbians are feeling the enduring financial impacts of COVID-19 as well as the pressure of increased interest rates and a rising cost of living, according to the latest MNP Consumer Debt Index, which is conducted quarterly by Ipsos on behalf of MNP LTD.
More than half of Manitoba and Saskatchewan residents say they’re already feeling the effects of interest rate increases, a seven-point jump since December
18/04/2022
Tanya Reynolds
MNP Consumer Debt Index
Manitoba and Saskatchewan residents are feeling the enduring financial impacts of COVID-19 along with the pressure of increased interest rates and a rising cost of living, according to the latest MNP Consumer Debt Index which is conducted quarterly by Ipsos on behalf of MNP LTD.
Prince Edward Islanders are among the most concerned about their ability to pay debts as interest rates rise, jumping six points since December to 68 percent
18/04/2022
MNP Consumer Debt Index
COVID-19’s enduring financial impact along with the pressures of rising interest rates and the increased cost of living are weighing down Atlantic Canadians’ confidence in their personal finances, according to the MNP Consumer Debt Index which is conducted quarterly by Ipsos on behalf of MNP LTD.
More than half of Ontarians say they’re already feeling the effects of interest rate increases, up six points since December
18/04/2022
Caryl Newbery-Mitchell
MNP Consumer Debt Index
COVID-19’s enduring financial impacts along with the pressures of increased interest rates and a rising cost of living are weighing down Ontarians’ confidence in their personal finances, according to the MNP Consumer Debt Index, which is conducted quarterly by Ipsos on behalf of MNP LTD.
Consumer Proposal vs Bankruptcy (MNP 3 Minute Debt Break)
16/09/2022
Consumer Proposal
Bankruptcy
3 Minute Debt Break podcast
For eliminating debt all-together, two widely used options for Canadian households are Bankruptcy and Consumer Proposals. Although both filings are legislated under the Bankruptcy and Insolvency Act, also known as the BIA, and must be filed by a Licensed Insolvency Trustee, these are two separate processes.
More than half of Quebecers are concerned about ability to pay their debts as interest rates rise, jumping six points since December
18/04/2022
Frederic Lachance
MNP Consumer Debt Index
Enduring financial impacts of COVID-19, coupled with the pressures of rising interest rates and increases in the cost of living are weighing down Quebecers’ confidence in their personal finances, according to the MNP Consumer Debt Index, which is conducted quarterly by Ipsos on behalf of MNP LTD.
More than half of Saskatchewan and Manitoba residents say they’re already feeling the effects of interest rate increases, a seven-point jump since December
18/04/2022
Pamela Meger
MNP Consumer Debt Index
Saskatchewan and Manitoba residents are feeling the enduring financial impacts of COVID-19 along with the pressure of increased interest rates and a rising cost of living, according to the latest MNP Consumer Debt Index which is conducted quarterly by Ipsos on behalf of MNP LTD.
Newfoundlanders are among the most concerned about their ability to pay debts as interest rates rise, jumping six points since December to 68 percent
18/04/2022
MNP Consumer Debt Index
COVID-19’s enduring financial impact along with the pressures of rising interest rates and the increased cost of living are weighing down Atlantic Canadians’ confidence in their personal finances, according to the MNP Consumer Debt Index which is conducted quarterly by Ipsos on behalf of MNP LTD.
