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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.

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COVID Consumer DEBT: Nearly Half of Canadians Plan to Take on More Debt When Pandemic Financial Support Ends (+10 pts)

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...

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What is the difference between a Consumer Proposal and debt management plan?

We’re asked this question often, largely because of the initial similarities many people see between these two debt solutions.

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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.

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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.

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Why earlier is always better when discussing money with your children

We may not always agree with our parents, but we are undoubtedly influenced by their habits, attitudes, and points of view. The norms and traditions of our upbringing can have lasting impacts on everything from the kind of laundry detergent we prefer to our conscious and unconscious relationship with money.

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Tax debt? You have options

This year’s tax season will more than likely be extra challenging for the nearly nine million Canadians who applied for the Canada Emergency Response Benefit in 2020.

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A guide to life after Consumer Proposal

You’ve made your last payment but now what? How to establish and keep good financial habits following a Consumer Proposal.

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More than half (53%) of Canadians within $200 of financial insolvency; up 10 points since December, reaching a five-year high

More than half (53%) say they are $200 or less from not being able to meet all of their bills and debt obligations each month, a whopping 10-point jump from December. This includes three in 10 (30%, +7pts) who report they are already insolvent with no money left at month-end to cover all their payments.

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Over half (53%) of Quebecers within $200 of financial insolvency; up six points since December

Fifty-three percent say they are $200 or less away from not being able to meet all of their monthly bills and debt obligations, a six-point jump from December. This includes three in 10 (30%, +3pts) who report already being insolvent with no money left to cover their payments at month-end.

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