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More than half of Ontarians concerned about impact of rising interest rates
22/02/2022
Caryl Newbery-Mitchell
MNP Consumer Debt Index
As the country inches closer to the Bank of Canada’s next interest rate announcement on March 2, 2022, many Ontarian households stretched thin by rising costs of living over the COVID-19 pandemic will be bracing for a potentially challenging year ahead. More than half of Ontarians (53%, unchanged from September) are concerned about the impact of rising interest rates on their financial situation, according to a recent poll conducted by Ipsos...
Six in 10 Nova Scotians concerned about impact of rising interest rates, up four points since September
22/02/2022
Tina Powell
MNP Consumer Debt Index
As the country inches closer to the Bank of Canada’s next interest rate announcement on March 2, 2022, many Atlantic Canadian households stretched thin by rising costs of living over the COVID-19 pandemic will be bracing for a potentially challenging year ahead. Nearly six in 10 (57%) Atlantic Canadians are concerned about the impact of rising interest rates on their financial situation, a four-point increase from September, according to a recent...
Half of Quebecers concerned about impact of rising interest rates
22/02/2022
Frederic Lachance
MNP Consumer Debt Index
As the country inches closer to the Bank of Canada’s next interest rate announcement on March 2, 2022, many Quebec households stretched thin by rising costs of living over the COVID-19 pandemic will be bracing for a potentially challenging year ahead. Half (51%) of Quebecers are concerned about the impact of rising interest rates on their financial situation, a four-point increase from September, according to a recent poll conducted by Ipsos...
Loved ones and debt: how to broach the subject
17/02/2022
Nicole Polak
Debt Solutions
Lifestyle Debt
According to separate surveys conducted in Canada and the United States, discussing the topic of personal debt was ranked by some participants as a bigger taboo than topics like politics, religion, and marital problems.
Six in 10 PEI residents concerned about impact of rising interest rates, up four points since September
22/02/2022
MNP Consumer Debt Index
As the country inches closer to the Bank of Canada’s next interest rate announcement on March 2, 2022, many Atlantic Canadian households stretched thin by rising costs of living over the COVID-19 pandemic will be bracing for a potentially challenging year ahead. Nearly six in 10 (57%) Atlantic Canadians are concerned about the impact of rising interest rates on their financial situation, a four-point increase from September, according to a recent...
More than half of Canadians concerned about impact of rising interest rates, up three points since September
22/02/2022
Grant Bazian
MNP Consumer Debt Index
As the country inches closer to the Bank of Canada’s next interest rate announcement on March 2, 2022, many Canadian households stretched thin by the rising costs of living over the COVID-19 pandemic will be bracing for a potentially challenging year ahead. More than half (55%) of Canadians are concerned about the impact of rising interest rates on their financial situation, a three-point increase from September, according to a recent poll conducted...
More than half of Saskatchewan and Manitoba residents concerned about impact of rising interest rates, jumping a staggering 9 points since September
22/02/2022
Pamela Meger
MNP Consumer Debt Index
As the country inches closer to the Bank of Canada’s next interest rate announcement on March 2, 2022, many households in Saskatchewan and Manitoba stretched thin by rising costs of living over the COVID-19 pandemic will be bracing for a potentially challenging year ahead. According to a recent poll conducted by Ipsos on behalf of MNP LTD, more than half (55%) of Saskatchewan and Manitoba residents are concerned about the impact of rising interest...
More than half of Manitoba and Saskatchewan residents concerned about impact of rising interest rates, jumping a staggering 9 points since September
22/02/2022
Tanya Reynolds
MNP Consumer Debt Index
As the country inches closer to the Bank of Canada’s next interest rate announcement on March 2, 2022, many households in Manitoba and Saskatchewan stretched thin by rising costs of living over the COVID-19 pandemic will be bracing for a potentially challenging year ahead. According to a recent poll conducted by Ipsos on behalf of MNP LTD, more than half (55%) of Manitoba and Saskatchewan residents are concerned about the impact of rising interest...
What will British Columbians’ costs of living look like in 2022?
01/02/2022
Leah Drewcock
Lifestyle Debt
Debt Solutions
The COVID-19 pandemic has introduced a seemingly endless list of one in a generation and once in a lifetime challenges. First came the worst virus in more than a century, followed quickly by mass layoffs and business closures. Now we’re facing a global supply chain crisis and the largest spike in inflation rates in nearly 20 years.
My spouse wants to declare bankruptcy and I don't, what are our options?
02/02/2022
Bradley Milne
Lifestyle Debt
Debt Solutions
Bankruptcy
Alternatives to Bankruptcy
Debt problems can strain relationships and cause stress for the entire family. If your spouse has met with a Licensed Insolvency Trustee and is (or is considering) filing a Bankruptcy, the impact on you will depend on the extent of your joint debt.
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