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BC Cost of Living Increasingly Driving Consumers to Insolvency, with Mental Health Suffering the Impacts of Debt-Stress – 11th Annual BC Consumer Debt Study
January 15, 2024 08:00 ET | Sands & Associates
New BC Consumer Debt Study Findings Say Mental Health Suffering the Impacts of Debt-Stress, BC Cost of Living Increasingly Driving Consumer Insolvencies
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MNP Consumer Debt Index Dips To Second-Lowest Level in Last 5 Years, Canadians’ Current Debt Perception Reaches All-Time Low
January 08, 2024 08:16 ET | MNP LTD
Growing concern and regret about debt: 63% (+1pt) are concerned about their ability to repay their debts, 47% (+2pts) regret the amount of debt they’ve taken on, 47% (+1pt) are concerned about their...
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Bromwich+Smith names Calgary native, Shelley Vandenberg, as new President and CEO
February 06, 2023 10:00 ET | Bromwich+Smith
Bromwich+Smith names Calgary native, Shelley Vandenberg, as new President and CEO CALGARY, Alberta, Feb. 06, 2023 (GLOBE NEWSWIRE) -- Licensed Insolvency Trustees, Bromwich+Smith, today...
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Consumers Turning to Credit Cards and Payday Loans to Cover Costs of Living, with Debt-Stress Impacting Mental Health, Self-Esteem & More – 10th Annual BC Consumer Debt Study
January 16, 2023 08:00 ET | Sands & Associates
Credit card debt a problem for nearly 3 in 5 individuals polled in the 2022 BC Consumer Debt Study, and worrying high-cost payday loan use is on the rise. Most troubling - almost 4 in 5 people said...
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Report: Six in Ten Canadians are Concerned About the Impact of Interest Rates on Their Financial Situation, Reaching the Highest Level on Record
October 24, 2022 11:21 ET | MNP LTD
CALGARY, Alberta, Oct. 24, 2022 (GLOBE NEWSWIRE) -- As another Bank of Canada interest rate announcement looms, a recent poll conducted by Ipsos on behalf of MNP LTD finds that six in ten Canadians...
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Selon un rapport : Six Canadiens sur dix sont préoccupés par l’incidence des taux d’intérêt élevés sur leur situation financière, le plus haut niveau jamais enregistré
October 24, 2022 11:21 ET | MNP LTD
CALGARY, Alberta, 24 oct. 2022 (GLOBE NEWSWIRE) -- Alors que la Banque du Canada fera sous peu une nouvelle annonce relative au taux directeur, un sondage réalisé récemment par Ipsos pour le compte...
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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...
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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...
Tracking the causes of Debt
Survey shows generational gap in Canadians’ understanding of debt causes
March 03, 2021 08:30 ET | Bromwich+Smith
TORONTO, March 03, 2021 (GLOBE NEWSWIRE) -- As COVID-19 continues to heighten financial hardships for many Canadians, a new national survey by Licenced Insolvency Trustees, Bromwich+Smith examines...
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Critical illness, death and job loss: Canadians strongly support debt forgiveness
February 02, 2021 08:30 ET | Bromwich+Smith
TORONTO, Feb. 02, 2021 (GLOBE NEWSWIRE) -- As much of the country has faced financial hardships throughout the pandemic, the conversation around debt forgiveness has become heightened. A new...