MNP Consumer Debt Index: Low Interest Rates and Rising Costs Leading Many Canadians Down Ever-Riskier Path to Borrow More
October 04, 2021 06:25 ET
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MNP Ltd.
CALGARY, Alberta, Oct. 04, 2021 (GLOBE NEWSWIRE) -- The latest MNP Consumer Debt Index raises red flags about Canadians’ plans to borrow more – and in potentially riskier ways – to make ends meet or...
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
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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...
MNP Consumer Debt Index Reaches Lowest Point Ever Recorded as COVID Lockdown Measures Continue
January 18, 2021 07:00 ET
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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)....
MNP Consumer Debt Index Highlights Inequality in K-Shaped Recovery Pushing Canadians to Financial Distress
October 13, 2020 06:21 ET
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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
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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...
MNP Consumer Debt Index Update: Canadians increasingly pessimistic about their consumer debt
January 20, 2020 06:00 ET
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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
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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...
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 drops 4 points underscoring Canadians’ deteriorating financial situation
April 22, 2019 06:00 ET
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MNP Ltd.
Canadians’ perception of their debt situation has been on a gradual decline, and now sits near its lowest point since tracking began in June 2017.Confidence in ability to absorb an interest rate...
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...