MNP Debt Blog

As Alberta continues to grapple with the price of crude oil on the global market and as a result, significant unemployment rolling through the energy sector – it comes as no surprise to learn tens of thousands of Albertans are struggling with financial...

With a weakened loonie and job losses on the rise, many are struggling to keep up with monthly expenses. In fact, according to a poll conducted with MNP, nearly 50% of Canadians are within just $200 of not being able to meet their financial obligations....

MNP’s recent Consumer Debt Sentiment Survey has revealed some startling statistics for people living in Manitoba and Saskatchewan.

According to our recent MNP Consumer Debt Sentiment Survey, a whopping 56 per cent of Canadians are within just $200 away of being unable to keep up with their financial obligations at the end of each month.

As the nation awaits the Bank of Canada’s next announcement on interest rates, Albertans’ appetite for cheap credit is being highlighted by a new Ipsos survey conducted on behalf of MNP Debt.

MNP’s recent Consumer Debt Sentiment Survey has just been released and it’s painting a pretty sobering picture of just how hard Albertans have been hit by the recession.

As we await the Bank of Canada’s next announcement on interest rates, Canadians’ appetite for cheap credit is being highlighted by our latest survey.

Okanagan Edge recently covered an MNP survey surrounding financial literacy and consumer spending throughout B.C.

With the Bank of Canada holding interest rates at record lows of just 0.5 per cent, many British Columbians are on a credit spending binge, using home equity as a means for taking on more debt.

With interest rates sitting at the bottom or the barrel, many British Columbians have felt free to spend as they please, dipping further and further into credit reliance in order to keep up spending habits.