MNP Consumer Debt Index: Low Interest Rates and Rising Costs Leading Many Canadians Down Ever-Riskier Path to Borrow More
October 04, 2021 06:25 ET
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MNP Ltd.
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...
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
July 19, 2021 06:39 ET
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MNP Ltd.
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...
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
April 08, 2021 07:16 ET
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MNP Ltd.
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...
MNP Consumer Debt Index Reaches Lowest Point Ever Recorded as COVID Lockdown Measures Continue
January 18, 2021 07:00 ET
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MNP Ltd.
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)....
MNP LTD Acquires Beth Maynard & Associates Inc in Sudbury
January 04, 2021 07:00 ET
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MNP Ltd.
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...
MNP Consumer Debt Index Highlights Inequality in K-Shaped Recovery Pushing Canadians to Financial Distress
October 13, 2020 06:21 ET
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MNP Ltd.
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,...
COVID Consumer Debt: Nearly Half of Canadians Plan to Take on More Debt When Pandemic Financial Support Ends (+10 pts)
September 16, 2020 08:08 ET
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MNP Ltd.
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...
MNP Consumer Debt Index Highlights Financial Upside of Pandemic Among Canadians
July 20, 2020 06:00 ET
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MNP Ltd.
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...
Nearly Half (46%) of Canadians’ Work Situation Affected By Pandemic
June 22, 2020 06:15 ET
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MNP Ltd.
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...
MNP Consumer Debt Index Drops to Lowest Point Since Tracking Began in 2017
March 30, 2020 06:15 ET
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MNP Ltd.
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...