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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,...
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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...
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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...
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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...
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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...
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CALGARY, Alberta, March 02, 2020 (GLOBE NEWSWIRE) -- A survey conducted by Ipsos on behalf of MNP Ltd. helps identify some of the costly money mistakes Canadians are making that could be...
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Index drops five points since September matching the lowest point ever recorded Nearly three in ten Canadians say they are already insolventHalf say they are $200 or less away from being insolvent...
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CALGARY, Alberta, Oct. 28, 2019 (GLOBE NEWSWIRE) -- Even though the Bank of Canada has stated that it will keep interest rates stable until next year, over half (54%) of Canadians say they are more...
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Three in ten Canadian homeowners with a HELOC say they have used the funds borrowed to pay down other debts.Over a third say they have used the money to do things they otherwise wouldn’t have been...
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Half say they would be too embarrassed to seek helpThree in ten say they don’t know how to get out of debt or where to turn for helpOver half say they have difficulty trusting companies to help get...