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MNP Debt Blog

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More Than Half Of Canadians In A Mortgage Balancing Act

Given the country’s weakened economy and devalued dollar, paired with significant unemployment rolling through some provinces – it’s suffice to say Canadians are struggling. Low interest rates however, have kept many spending, often relying on credit...

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Albertans Financial Woes Skyrocket

As Alberta continues to grapple with the price of crude oil on the global market and as a result, significant unemployment rolling through the energy sector – it comes as no surprise to learn tens of thousands of Albertans are struggling with financial...

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Are you Financially Fit? Take the Test

Read this blog to put your financial fitness to the test.

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Millions Of Canadians Facing Insolvency

According to MNP’s recent Consumer Debt Sentiment Survey, 56 per cent of Canadians are on the brink of financial ruin.

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Nearly half (47 per cent) of all homeowners with a mortgage agree in that they’re concerned about their ability to make their mortgage payments when interest rates rise, according to a survey conducted by MNP Debt.

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Blindness to Budget Benefits in Eyes of Credit Card Holder

As interest rates continue to sit at rock bottom, many Canadians are left feeling (far) richer than they actually are, dipping deeper and deeper into credit reliance to accommodate spending habits.

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Which Repayment Plan Wins: Debt Avalanche or Snowball?

If you're like most Canadians today, you might find you're struggling to keep up with the day-to-day cost of living. With a weakened economy and unemployment on the rise, many people across the country have found themselves relying on debt to make it...

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British Columbians Hold Tight To Their Last $200

With interest rates sitting at the bottom or the barrel, many British Columbians have felt free to spend as they please, dipping further and further into credit reliance in order to keep up spending habits.

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Alberta's Economy And The Great Debt Struggle

The Calgary Sun recently covered an MNP survey confirming just how significant the numbers are when it comes to Albertans and their debt.

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Financial Literacy Month Get Serious About Your Finances

November 1 marks the beginning of Financial Literacy Month in Canada. Each year, Canadians set out on a month long journey to become more literate, more mindful and more in control of their finances.

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