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MNP Debt Blog

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The number of consumer insolvencies per thousand residents in the area, aged 18 years or above, decreased to 7.4 in 2018.

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The insolvency rate in the area, which had been declining since 2010, took a slight uptick to 3.4 per cent in 2018.

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The rate, which had been growing since 2013, dipped in 2017 before climbing again in 2018.

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Edmontons Insolvency Rate Reaches Highest Level In 9 Years

The number of consumer insolvencies per thousand residents in Edmonton, aged 18 years or above, hit 4.4 in 2018 – rising to the highest level since 2009 when it sat at 4.5.

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Calgary's Insolvency Rate Reaches Highest Level In 21 Years

The number of consumer insolvencies per thousand residents in Calgary, aged 18 years or above, hit 4.3 in 2018 – the highest level since 1997 when it sat at 4.8.

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Consumer Insolvency Rate On The Decline In Montréal

The number of consumer insolvencies per thousand residents in Montréal, aged 18 years or above, decreased to 4.9 in 2018, continuing the downward trend since 2016.

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Consumer Insolvency Rate On The Decline In Cariboo Region

The number of consumer insolvencies per thousand residents in the Cariboo region, aged 18 years or above, decreased to 3.7 in 2017 and then again to 3.3 in 2018.

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The number of Canadians who filed for insolvency in the first quarter of 2019 was up six percent compared to the same quarter last year, according to the latest official figures

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Ontarians seem to be feeling better about their consumer debt situation and personal finances than just a few months ago, however many are still struggling, according to the latest MNP Consumer Debt Index

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Albertans are feeling worse about their consumer debt and personal finances than other province, according to the latest MNP Consumer Debt Index, a quarterly survey conducted by Ipsos on behalf of MNP LTD.

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