Survey: Risky Financial Behaviours Keeping Canadians in Debt
March 02, 2020 08:02 ET
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MNP Ltd.
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...
MNP Consumer Debt Index Update: Canadians increasingly pessimistic about their consumer debt
January 20, 2020 06:00 ET
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MNP Ltd.
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...
MNP Consumer Debt Index Update: Canadians finding themselves with less money each month, over half concerned about their ability to repay their debts
October 28, 2019 07:00 ET
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MNP Ltd.
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...
Survey: Cash-strapped Canadians may be treating homes like ATMs to pay bills
August 20, 2019 06:00 ET
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MNP Ltd.
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...
Survey: Canadians wary and embarrassed about seeking debt relief
July 29, 2019 06:00 ET
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MNP Ltd.
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...
MNP Consumer Debt Index drops 4 points underscoring Canadians’ deteriorating financial situation
April 22, 2019 06:00 ET
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MNP Ltd.
Canadians’ perception of their debt situation has been on a gradual decline, and now sits near its lowest point since tracking began in June 2017.Confidence in ability to absorb an interest rate...
MNP Consumer Debt Index Update: Canadians more worried about debt, interest rates and personal finances compared to September
January 21, 2019 04:55 ET
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MNP Ltd.
Number of Canadians who say they don’t make enough to cover their bills and debt obligations increased by 7 points to 31%Number of Canadians within $200 of insolvency increased by 6 points to...
MNP Consumer Debt Index Jumps 10 Points to Highest Level Indicating Increasing Optimism Among Indebted Canadians
July 09, 2018 05:30 ET
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MNP Ltd.
CALGARY, Alberta, July 09, 2018 (GLOBE NEWSWIRE) -- The MNP Consumer Debt Index has jumped ten points since March, signaling an overall improvement in Canadians’ feelings about their debt and...
Latest MNP Consumer Debt Index foreshadows trouble ahead for indebted Canadians
April 16, 2018 05:30 ET
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MNP Ltd.
CALGARY, Alberta, April 16, 2018 (GLOBE NEWSWIRE) -- The latest MNP Consumer Debt Index research foreshadows trouble ahead for indebted Canadians underlining widespread concern over rising interest...
Debt-burdened Canadians already feeling the pinch of higher interest rates
October 23, 2017 06:45 ET
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MNP Ltd.
One in three Canadians say that they are already feeling the effects of increasing interest rates.Four in ten say that if interest rates go up much more, they are afraid they will be in financial...