Consumer Debt Index Highlights Impact of Affordability Crisis: More Canadians Say Necessities Such as Food, Housing and Transportation are Less Affordable
October 03, 2022 10:26 ET | MNP LTD
Younger Canadians hit hardest with the largest decrease in finances available at month-end, dropping $273 since last quarter to $606. Over half of Canadians now say it is less affordable to feed...
L’Indice des dettes à la consommation met en lumière la crise d’abordabilité : les Canadiens sont plus nombreux à affirmer que les dépenses essentielles comme l’épicerie, le logement et le transport deviennent moins abordables
October 03, 2022 10:26 ET | MNP LTD
Les jeunes Canadiens sont les plus touchés ayant subi la plus importante baisse de revenu disponible à la fin du mois, une chute saisissante de 273 $ depuis le dernier trimestre, pour s’établir...
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Half of older Canadians have delayed retirement because of mounting inflation
June 16, 2022 09:06 ET | Bromwich+Smith
TORONTO, June 16, 2022 (GLOBE NEWSWIRE) -- A new survey commissioned by Bromwich+Smith and Advisorsavvy finds half of older Canadians (54%) have delayed retirement because of mounting inflation and...
Canadians in debt caught with pants down, seek loans from family, friends, banks – shy away from spouses
March 03, 2022 10:57 ET | Bromwich+Smith
TORONTO, March 03, 2022 (GLOBE NEWSWIRE) -- As the country grapples with economic recovery two years into the pandemic, a financial priorities study of 1,519 Canadians, shows people are more likely...
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Costs of Living, Credit Cards & COVID-19 – Latest BC Consumer Debt Study Highlights Consumer Debt Problems, Debt Impacts on Mental Health and More
January 17, 2022 07:30 ET | Sands & Associates
Credit card debt cited five times more than other types of problem debt; using credit for essential costs of living the main cause of debt reported by 18% of insolvent consumers, and more than 3 in 4...
Half of country now more stressed than during 2020 lockdowns: survey
January 11, 2022 06:30 ET | Bromwich+Smith
TORONTO, Jan. 11, 2022 (GLOBE NEWSWIRE) -- As we enter year three of the pandemic, Canadians are most worried about cost-of-living, Inflation, their health (both physical and mental) and COVID...
Pandemic sets back Canada’s socioeconomic progress but lowers stigma around debt: Survey
October 05, 2021 08:00 ET | Bromwich+Smith
TORONTO, Oct. 05, 2021 (GLOBE NEWSWIRE) -- After decades of social progress, a new poll finds that Canadians fear the Covid-19 pandemic has set back socioeconomic advances for a number of groups,...
MNP Consumer Debt Index: Low Interest Rates and Rising Costs Leading Many Canadians Down Ever-Riskier Path to Borrow More
October 04, 2021 06:25 ET | MNP Ltd.
CALGARY, Alberta, Oct. 04, 2021 (GLOBE NEWSWIRE) -- The latest MNP Consumer Debt Index raises red flags about Canadians’ plans to borrow more – and in potentially riskier ways – to make ends meet or...
MNP Consumer Debt Index: Nearly half of Canadians doubtful they can cover living expenses this year without going into further debt, highest level in three years
July 19, 2021 06:39 ET | MNP Ltd.
Three in ten (30%) say the pandemic worsened their debt or created more debt burden for either themselves or their family (35%).One-third (32%) of Canadian homeowners report being ‘house poor.’Number...
Over Half (53%) of Canadians Within $200 of Not Being Able to Cover Their Bills and Debt Payments, Up 10 Points Since December Reaching a Five-Year High
April 08, 2021 07:16 ET | MNP Ltd.
CALGARY, Alberta, April 08, 2021 (GLOBE NEWSWIRE) -- As pandemic-related financial support and loan deferral programs begin to unwind, the latest MNP Consumer Debt Index finds the number of...