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MNP Debt Blog

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Canadians Increasingly Pessimistic About Their Consumer Debt

More Canadians see grey skies on the horizon heading into the new year and beyond as fewer expect their debt situation to improve, according to the latest MNP Consumer Debt Index conducted quarterly by Ipsos.

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More Albertans see grey skies on the horizon heading into the new year and beyond as fewer expect their debt situation to improve, according to the latest MNP Consumer Debt Index conducted quarterly by Ipsos.

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More Quebec residents see grey skies on the horizon heading into the new year as fewer expect their debt situation to improve within the next 12 months, according to the latest MNP Consumer Debt Index conducted quarterly by Ipsos.

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The number of Atlantic Canadians who say they are now $200 or less away from being insolvent at month end has dropped seven points since September to 49 percent, according to the latest MNP Consumer Debt Index conducted quarterly by Ipsos.

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Manitoba and Saskatchewan residents see blue skies on the horizon heading into the new year and beyond as more expect their debt situation to improve, according to the latest MNP Consumer Debt Index conducted quarterly by Ipsos.

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MNP Consumer Debt Index: October 2019 Results Summary

Canadians who find themselves in serious financial trouble could be digging themselves into a deeper hole by not seeking help when they need it.

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Whichever holiday debt you’re carrying – or may be thinking of incurring – now’s as good a time as any to change course and make it go away for good.

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Is Debt Stress Affecting Your Sleep?

When all is quiet and your body finally stops at the end of the day, your mind doesn’t always follow suit — especially if you’re struggling with financial stress.

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Congratulations! Now that your Bankruptcy or Consumer Proposal is completed, you are in the next phase of taking control of your finances.

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Retire Your Debt, So You Can Retire Too

Does this sound all too familiar? You started out with the usual plan for most Canadians — get a job, buy a home and save for retirement. As retirement approached, you expected your mortgage would be paid off and you would have a pension or nest egg....

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