One-in-four Canadians can’t afford Christmas/holiday season this year
November 17, 2020 08:00 ET
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Credit Canada
TORONTO, Nov. 17, 2020 (GLOBE NEWSWIRE) -- The Grinch will make an appearance in Canada this holiday season according to a new national survey by the non-profit credit counselling agency, Credit...
COVID Consumer Debt: Nearly Half of Canadians Plan to Take on More Debt When Pandemic Financial Support Ends (+10 pts)
September 16, 2020 08:08 ET
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MNP Ltd.
CALGARY, Alberta, Sept. 16, 2020 (GLOBE NEWSWIRE) -- Over the past few months, various financial relief measures from the government, banks, and businesses have helped cushion the financial blow of...
Collaboration with Security Service Federal Credit Union Plays Integral Role in Development of MeridianLink’s Newest Collections Solution
July 09, 2020 09:00 ET
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MeridianLink
Costa Mesa, July 09, 2020 (GLOBE NEWSWIRE) -- MeridianLink®, developer of the financial industry’s first multi-channel loan and new account origination platform, announced input from San Antonio,...
Nearly Half (46%) of Canadians’ Work Situation Affected By Pandemic
June 22, 2020 06:15 ET
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MNP Ltd.
What Canadians Plan to Do When CERB Runs Out: Nearly half say they will cut back on consumer spending (46%)One third will apply for EI benefits (32%) or take on more debt (35%) One in ten will use...
MNP Consumer Debt Index Drops to Lowest Point Since Tracking Began in 2017
March 30, 2020 06:15 ET
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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...
Survey: Risky Financial Behaviours Keeping Canadians in Debt
March 02, 2020 08:02 ET
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MNP Ltd.
CALGARY, Alberta, March 02, 2020 (GLOBE NEWSWIRE) -- A survey conducted by Ipsos on behalf of MNP Ltd. helps identify some of the costly money mistakes Canadians are making that could be...
Credit Card Debt Driving Insolvencies – Even for Consumers with Full-Time Employment and Good Credit Scores
February 10, 2020 06:00 ET
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Sands & Associates
VANCOUVER, British Columbia, Feb. 10, 2020 (GLOBE NEWSWIRE) -- Working full-time and hold a good credit score? That might not be enough to keep a debt problem from setting in. A new BC debt study...
MNP Consumer Debt Index Update: Canadians increasingly pessimistic about their consumer debt
January 20, 2020 06:00 ET
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MNP Ltd.
Index drops five points since September matching the lowest point ever recorded Nearly three in ten Canadians say they are already insolventHalf say they are $200 or less away from being insolvent...
September 2019 Canadian Insolvency Statistics
November 12, 2019 08:15 ET
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Canadian Association of Insolvency and Restructuring Professionals (CAIRP)
TORONTO, Nov. 12, 2019 (GLOBE NEWSWIRE) -- The slowing Canadian economy has resulted in the first year to year increase in business insolvencies in almost two decades, according to new data released...
MNP Consumer Debt Index Update: Canadians finding themselves with less money each month, over half concerned about their ability to repay their debts
October 28, 2019 07:00 ET
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MNP Ltd.
CALGARY, Alberta, Oct. 28, 2019 (GLOBE NEWSWIRE) -- Even though the Bank of Canada has stated that it will keep interest rates stable until next year, over half (54%) of Canadians say they are more...