MNP Debt Blog
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New Brunswickers regret about debt soars amidst rising rates and affordability struggles
10/07/2023
Tara Silliker
MNP Consumer Debt Index
With rising interest rates and high borrowing costs remaining a challenge for households, Atlantic Canadians are feeling more pessimistic about their debt than any other province, according to the latest MNP Consumer Debt Index.
Read More arrow_forwardCanadians’ concern about debt, ability to pay bills reach all-time high
10/07/2023
Grant Bazian
MNP Consumer Debt Index
As interest rates move upwards and the cost of living remains a challenge for households, the proportion of Canadians who report being insolvent has reached an all-time high, according to the latest MNP Consumer Debt Index.
Read More arrow_forwardQuebecers’ concern and regret about debt soars amidst rising rates and affordability struggles
10/07/2023
Frederic Lachance
MNP Consumer Debt Index
With interest rates rising and borrowing costs remaining a challenge for households, the proportion of Quebecers who feel anxious about debt has reached an all-time high.
Read More arrow_forwardPrince Edward Islanders regret about debt soars amidst rising rates and affordability struggles
10/07/2023
MNP Consumer Debt Index
With rising interest rates and high borrowing costs remaining a challenge for households, Atlantic Canadians are feeling more pessimistic about their debt than any other province, according to the latest MNP Consumer Debt Index.
Read More arrow_forwardNova Scotians regret about debt soars amidst rising rates and affordability struggles
10/07/2023
Tina Powell
MNP Consumer Debt Index
With rising interest rates and high borrowing costs remaining a challenge for households, Atlantic Canadians are feeling more pessimistic about their debt than any other province, according to the latest MNP Consumer Debt Index.
Read More arrow_forwardNewfoundlanders regret about debt soars amidst rising rates and affordability struggles
10/07/2023
Greg Gosse
MNP Consumer Debt Index
With rising interest rates and high borrowing costs remaining a challenge for households, Atlantic Canadians are feeling more pessimistic about their debt than any other province, according to the latest MNP Consumer Debt Index.
Read More arrow_forwardHow to include student loans in a Bankruptcy or Consumer Proposal
10/07/2023
Pamela Meger
Lifestyle Debt
Consumer Proposal
Bankruptcy
Student loan debt has become a significant cause of financial burden on many post-secondary students in Canada. As the cost of education continues to rise, many students leave university or college carrying the burden of debt and the repayment process....
Read More arrow_forwardSaskatchewan and Manitoba feeling the strain of inflation, increased cost of living
10/07/2023
Pamela Meger
MNP Consumer Debt Index
Amid rising interest rates and a challenging cost of living households, the proportion of Saskatchewan and Manitoba residents who report being close to insolvency has crept up since last quarter.
Read More arrow_forwardManitoba and Saskatchewan feeling the strain of inflation, increased cost of living
10/07/2023
Tanya Reynolds
MNP Consumer Debt Index
Amid rising interest rates and a challenging cost of living households, the proportion of Manitoba and Saskatchewan residents who report being close to insolvency has crept up since last quarter, according to the latest MNP Consumer Debt Index.
Read More arrow_forwardWhat happens when you’re overspending?
06/07/2023
Jeane Herman
Lifestyle Debt
Many people start a new month or year with the intention to budget and save, but not many are able to stop themselves from overspending. If you’re dealing with overspending issues, you’re not alone.
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