Canadians’ Confidence in Personal Finances, Debt Repayment Abilities Reaches Lowest Level Ever Recorded
January 17, 2022 06:03 ET | MNP LTD
MNP Consumer Debt Index plummets 7 points to record low amid pandemic fatigue and uncertainty Forty-five per cent are not confident they can cover their living expenses this year (+5pts).Four in ten...
MNP Consumer Debt Index Reaches Lowest Point Ever Recorded as COVID Lockdown Measures Continue
January 18, 2021 07:00 ET | MNP Ltd.
Pandemic Impact: Declining financial confidence and increasing debt concerns among Canadians Four in ten not confident they can cover living expenses this year without going further into debt (+4)....
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MNP LTD Acquires Beth Maynard & Associates Inc in Sudbury
January 04, 2021 07:00 ET | MNP Ltd.
CALGARY, Alberta, Jan. 04, 2021 (GLOBE NEWSWIRE) -- MNP LTD. acquires Beth Maynard & Associates Inc, a consumer insolvency practice based in Sudbury, Ontario, effective January 1, 2021. “This...
MNP Consumer Debt Index Highlights Inequality in K-Shaped Recovery Pushing Canadians to Financial Distress
October 13, 2020 06:21 ET | MNP Ltd.
Lower-income earners, young Canadians, women and renters most at risk of debt burden or insolvency MNP Consumer Debt Index Sinks to Second-Lowest Reading Since Inception (94pts) CALGARY,...
MNP Consumer Debt Index Highlights Financial Upside of Pandemic Among Canadians
July 20, 2020 06:00 ET | MNP Ltd.
CALGARY, Alberta, July 20, 2020 (GLOBE NEWSWIRE) -- While the financial picture for many Canadian households looked bleak last quarter, many have been kept afloat thanks to the current raft of...
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Nearly Half (46%) of Canadians’ Work Situation Affected By Pandemic
June 22, 2020 06:15 ET | 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 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...
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Survey: Cash-strapped Canadians may be treating homes like ATMs to pay bills
August 20, 2019 06:00 ET | MNP Ltd.
Three in ten Canadian homeowners with a HELOC say they have used the funds borrowed to pay down other debts.Over a third say they have used the money to do things they otherwise wouldn’t have been...
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...