Canadian consumers catch their collective breath - Some concerning signals from Q1 dissipate -
September 17, 2019 05:00 ET
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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
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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
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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...
Financial Literacy in Canada: Lack of skills and education contributing to surging consumer debt
October 30, 2018 07:15 ET
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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...
B.C. households struggling with increasing debt
September 25, 2018 11:08 ET
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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...
MNP Consumer Debt Index Jumps 10 Points to Highest Level Indicating Increasing Optimism Among Indebted Canadians
July 09, 2018 05:30 ET
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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...
Consumer Education Services Inc. Launches Unique Financial Wellness Program to Benefit Area Employers and Their Workers
May 23, 2018 13:55 ET
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Consumer Education Services Inc.
Raleigh, N.C., May 23, 2018 (GLOBE NEWSWIRE) -- More than half of Americans do not have enough money in savings to cover $500 in unexpected expenses, such as car repairs or medical bills. This...
Canadians increasingly pessimistic about their ability to absorb higher interest rates and cover their monthly bills
January 15, 2018 05:30 ET
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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....
Canada’s largest insolvency practice unveils its ‘Top Gifts for the Holidays’ ahead of the Black Friday shopping frenzy
November 23, 2017 14:43 ET
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MNP LTD
CALGARY, Alberta, Nov. 23, 2017 (GLOBE NEWSWIRE) -- Canada’s largest insolvency practice, MNP LTD, has unveiled its ‘Top Gifts for the Holidays’ to give both bargain hunters and big spenders the...
Debt-burdened Canadians already feeling the pinch of higher interest rates
October 23, 2017 06:45 ET
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MNP Ltd.
One in three Canadians say that they are already feeling the effects of increasing interest rates.Four in ten say that if interest rates go up much more, they are afraid they will be in financial...