SA_Logo_URL_Vertical.png
Credit Card Debt Driving Insolvencies – Even for Consumers with Full-Time Employment and Good Credit Scores
February 10, 2020 06:00 ET | 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 | 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 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 | 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...
Canadian consumers catch their collective breath - Some concerning signals from Q1 dissipate -
September 17, 2019 05:00 ET | Equifax Canada
TORONTO, Sept. 17, 2019 (GLOBE NEWSWIRE) -- Equifax® Canada’s report on Canadian consumer credit in Q2 shows some cooling after a very active Q1 performance. Total debt per consumer rose by 1.9 per...
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...
MNP Consumer Debt Index Update: Canadians more worried about debt, interest rates and personal finances compared to September 
January 21, 2019 04:55 ET | MNP Ltd.
Number of Canadians who say they don’t make enough to cover their bills and debt obligations increased by 7 points to 31%Number of Canadians within $200 of insolvency increased by 6 points to...
MNPdebt logo (1).jpg
Financial Literacy in Canada:  Lack of skills and education contributing to surging consumer debt
October 30, 2018 07:15 ET | MNP Ltd.
Need to break the stigma of asking for help, says debt expert CALGARY, Alberta, Oct. 30, 2018 (GLOBE NEWSWIRE) -- Most (85%) Canadians agree that financial literacy in Canada is lacking, and...
CPA_BC_En_rgb.png
B.C. households struggling with increasing debt
September 25, 2018 11:08 ET | Chartered Professional Accountants of British Columbia
VANCOUVER, British Columbia, Sept. 25, 2018 (GLOBE NEWSWIRE) -- According to the BC Check-Up, an annual economic report released by the Chartered Professional Accountants of British Columbia...
MNPdebt logo (1).jpg
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...