Canadians’ Confidence in Personal Finances, Debt Repayment Abilities Reaches Lowest Level Ever Recorded
January 17, 2022 06:03 ET | MNP LTD
MNP Consumer Debt Index plummets 7 points to record low amid pandemic fatigue and uncertainty Forty-five per cent are not confident they can cover their living expenses this year (+5pts).Four in ten...
MNP Consumer Debt Index Drops to Lowest Point Since Tracking Began in 2017
March 30, 2020 06:15 ET | MNP Ltd.
CALGARY, Alberta, March 30, 2020 (GLOBE NEWSWIRE) -- The global crisis surrounding COVID-19 has presented an unprecedented financial shock for Canadians at a time when personal finances are already...
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Survey: Cash-strapped Canadians may be treating homes like ATMs to pay bills
August 20, 2019 06:00 ET | MNP Ltd.
Three in ten Canadian homeowners with a HELOC say they have used the funds borrowed to pay down other debts.Over a third say they have used the money to do things they otherwise wouldn’t have been...
Survey: Canadians wary and embarrassed about seeking debt relief
July 29, 2019 06:00 ET | MNP Ltd.
Half say they would be too embarrassed to seek helpThree in ten say they don’t know how to get out of debt or where to turn for helpOver half say they have difficulty trusting companies to help get...
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MNP Consumer Debt Index Jumps 10 Points to Highest Level Indicating Increasing Optimism Among Indebted Canadians
July 09, 2018 05:30 ET | MNP Ltd.
CALGARY, Alberta, July 09, 2018 (GLOBE NEWSWIRE) -- The MNP Consumer Debt Index has jumped ten points since March, signaling an overall improvement in Canadians’ feelings about their debt and...
Canadians increasingly pessimistic about their ability to absorb higher interest rates and cover their monthly bills
January 15, 2018 05:30 ET | MNP LTD
One in three Canadians say they are unable to cover their monthly bills, up eight points since September.Half are more concerned about their ability to repay debts, up three points since September....