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Canadians And Insolvency The 200 Crisis
31/10/2016
Grant Bazian
MNP Consumer Debt Index
Huffington Post Canada recently covered MNP’s Debt Sentiment Survey. The numbers are in and they’re not looking good.
Read More arrow_forwardSaskatchewan And Manitoba Side By Side In Debt Crisis
28/10/2016
Grant Bazian
MNP Consumer Debt Index
As the energy sector continue to spur unemployment across the country, millions of Canadians find themselves turning to credit to keep up with the cost of living.
Read More arrow_forwardWhen Does Consumer Debt Become A Consumer Crisis?
25/10/2016
Grant Bazian
MNP Consumer Debt Index
As unemployment continues to grip many Canadians largely due to struggling crude oil prices, it probably doesn’t come as a surprise to learn many have found themselves relying on credit to make it from one financial obligation to next.
Read More arrow_forwardDespite Growing Concern About Debt, Canadians Are Reluctant To Get Help: Survey Alberta Insolvencies Up 25 Per Cent
18/10/2016
Donna Carson
MNP Consumer Debt Index
Even with their debt concerns growing, Canadians appear to be reluctant to get help. A survey from MNP Debt revealed that only 14 per cent of Canadians who admit to being unable to pay their bills have sought professional help to deal with their debt....
Read More arrow_forwardBritish Columbia Interest Rates And The Housing Bubble
16/10/2016
Grant Bazian
MNP Consumer Debt Index
As the real estate market in British Columbia continues to create demand and increase property value and interest rates sit at rock bottom prices, many home and investment property owners throughout the province have allowed themselves indulgent consumer...
Read More arrow_forwardSixty-four per cent of Saskatchewan and Manitoba residents say they are now living within $200 a month of being unable to pay their bills and debt payments each month
05/10/2016
Grant Bazian
MNP Consumer Debt Index
A huge portion of residents of Saskatchewan and Manitoba are concerned about their level of debt and their ability to meet their payment obligations. Sixty-four per cent of residents now say they are $200 or less per month away from not being able to...
Read More arrow_forwardFifty-eight per cent of Albertans say they are now living within $200 a month of being unable to pay their bills and debt payments each month
05/10/2016
Donna Carson
MNP Consumer Debt Index
Alberta’s consumer debt is the highest in the country and a new survey shows that Albertans are growing increasingly concerned about their ability to meet their payment obligations.
Read More arrow_forwardFifty-nine per cent of Ontarians say they are now living within $200 a month of being unable to pay their bills and debt payments each month
04/10/2016
David Gowling
MNP Consumer Debt Index
Almost sixty per cent of Ontarians now say they are $200 or less per month away from not being able to meet all of their bills or debt obligations each month, an increase of 10 points since February 2016.
Read More arrow_forwardConcern About Debt And Potential Interest Rate Hikes Rising Among British Columbians
04/10/2016
Linda Paul
MNP Consumer Debt Index
As low borrowing costs and surging real estate prices continue to prop up consumer debt levels in British Columbia, an increasing number of people in the province are feeling concerned about their debt.
Read More arrow_forwardA huge portion of residents of Saskatchewan and Manitoba are concerned about their level of debt and their ability to meet their payment obligations.
Read More arrow_forward