MNP Debt Blog

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.

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.

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.

A huge portion of residents of Saskatchewan and Manitoba are concerned about their level of debt and their ability to meet their payment obligations.

Recent studies indicate that Canadian debt levels are rising across the country. In fact, research has shown that at one point or other, up to half of all workers experience stress associated with financial problems and that stress can affect their health,...

Atlantic Canadians are growing more concerned about their amount of debt and their ability to meet their payment obligations.

According to a Consumer Debt Sentiment Survey conducted by Ipsos on behalf of MNP, over 50 per cent of Canadians are very close to being unable to keep up with financial obligations. Details behind the survey can be found below.

With a weakened economy, a struggling loonie and in some provinces, many facing the reality of under or unemployment, many Canadians are so financially stretched they aren’t sure how they will keep up with the day-to-day cost-of-living, let alone...

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.

MNP’s Consumer Debt Sentiment survey shows more than half of Albertans are barely making ends meet, with many having to rely on credit to make it from one payment to the next.