Canadians Forced to Make Tough Budget Decisions to Make Ends Meet, Amid Rising Interest Rates and Inflation
July 11, 2022 07:31 ET | MNP LTD
Over a Quarter Cutting Back on Essentials Such as Food, Utilities and Housing; Nearly Half Cutting Back on Non-Essentials Such as Travelling, Dining Out and Entertainment Six in ten say they are...
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: Low Interest Rates and Rising Costs Leading Many Canadians Down Ever-Riskier Path to Borrow More
October 04, 2021 06:25 ET | 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...
MNP Consumer Debt Index: Nearly half of Canadians doubtful they can cover living expenses this year without going into further debt, highest level in three years
July 19, 2021 06:39 ET | MNP Ltd.
Three in ten (30%) say the pandemic worsened their debt or created more debt burden for either themselves or their family (35%).One-third (32%) of Canadian homeowners report being ‘house poor.’Number...
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...
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,...
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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...
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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...