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...
MNPdebt logo (1).jpg
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 | 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...
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...
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...
Latest MNP Consumer Debt Index foreshadows trouble ahead for indebted Canadians
April 16, 2018 05:30 ET | MNP Ltd.
CALGARY, Alberta, April 16, 2018 (GLOBE NEWSWIRE) -- The latest MNP Consumer Debt Index research foreshadows trouble ahead for indebted Canadians underlining widespread concern over rising interest...
Canadians increasingly pessimistic about their ability to absorb higher interest rates and cover their monthly bills
January 15, 2018 05:30 ET | 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 | 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 | 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...