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October 04, 2021 06:25 ET | Source: MNP Ltd.

MNP Consumer Debt Index: Low Interest Rates and Rising Costs Leading Many Canadians Down Ever-Riskier Path to Borrow More

CALGARY, Alberta, Oct. 04, 2021 (GLOBE NEWSWIRE) -- The latest MNP Consumer Debt Index raises red flags about Canadians’ plans to borrow more – and in potentially riskier ways – to make ends meet or...
July 19, 2021 06:39 ET | Source: MNP Ltd.

MNP Consumer Debt Index: Nearly half of Canadians doubtful they can cover living expenses this year without going into further debt, highest level in three years

Three in ten (30%) say the pandemic worsened their debt or created more debt burden for either themselves or their family (35%).One-third (32%) of Canadian homeowners report being ‘house poor.’Number...
April 08, 2021 07:16 ET | Source: MNP Ltd.

Over Half (53%) of Canadians Within $200 of Not Being Able to Cover Their Bills and Debt Payments, Up 10 Points Since December Reaching a Five-Year High

CALGARY, Alberta, April 08, 2021 (GLOBE NEWSWIRE) -- As pandemic-related financial support and loan deferral programs begin to unwind, the latest MNP Consumer Debt Index finds the number of...
January 18, 2021 07:00 ET | Source: MNP Ltd.

MNP Consumer Debt Index Reaches Lowest Point Ever Recorded as COVID Lockdown Measures Continue

Pandemic Impact: Declining financial confidence and increasing debt concerns among Canadians Four in ten not confident they can cover living expenses this year without going further into debt (+4)....
January 04, 2021 07:00 ET | Source: MNP Ltd.

MNP LTD Acquires Beth Maynard & Associates Inc in Sudbury

CALGARY, Alberta, Jan. 04, 2021 (GLOBE NEWSWIRE) -- MNP LTD. acquires Beth Maynard & Associates Inc, a consumer insolvency practice based in Sudbury, Ontario, effective January 1, 2021. “This...
October 13, 2020 06:21 ET | Source: MNP Ltd.

MNP Consumer Debt Index Highlights Inequality in K-Shaped Recovery Pushing Canadians to Financial Distress

Lower-income earners, young Canadians, women and renters most at risk of debt burden or insolvency MNP Consumer Debt Index Sinks to Second-Lowest Reading Since Inception (94pts) CALGARY,...
September 16, 2020 08:08 ET | Source: MNP Ltd.

COVID Consumer Debt: Nearly Half of Canadians Plan to Take on More Debt When Pandemic Financial Support Ends (+10 pts)

CALGARY, Alberta, Sept. 16, 2020 (GLOBE NEWSWIRE) -- Over the past few months, various financial relief measures from the government, banks, and businesses have helped cushion the financial blow of...
July 20, 2020 06:00 ET | Source: MNP Ltd.

MNP Consumer Debt Index Highlights Financial Upside of Pandemic Among Canadians

CALGARY, Alberta, July 20, 2020 (GLOBE NEWSWIRE) -- While the financial picture for many Canadian households looked bleak last quarter, many have been kept afloat thanks to the current raft of...
June 22, 2020 06:15 ET | Source: MNP Ltd.

Nearly Half (46%) of Canadians’ Work Situation Affected By Pandemic

What Canadians Plan to Do When CERB Runs Out: Nearly half say they will cut back on consumer spending (46%)One third will apply for EI benefits (32%) or take on more debt (35%) One in ten will use...
March 30, 2020 06:15 ET | Source: MNP Ltd.

MNP Consumer Debt Index Drops to Lowest Point Since Tracking Began in 2017

CALGARY, Alberta, March 30, 2020 (GLOBE NEWSWIRE) -- The global crisis surrounding COVID-19 has presented an unprecedented financial shock for Canadians at a time when personal finances are already...