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January 20, 2025 08:00 ET | Source: Sands & Associates

Problem Debt Significantly Affecting Mental Health of British Columbians, Consumers Waiting Longer to Seek Help – 12th Annual BC Consumer Debt Study

Latest BC Consumer Debt Study shows debt is having serious impacts on consumers’ mental health and individuals are waiting longer than ever to seek help.
January 13, 2025 07:22 ET | Source: MNP LTD

MNP Consumer Debt Index Plunges to 79 Points, the Second-Lowest Level Ever Recorded (-10pts)

The latest MNP Consumer Debt Index, conducted quarterly by Ipsos, dropped a staggering 10 points to 79 points, marking the second-lowest level on record.
October 16, 2024 07:45 ET | Source: MNP LTD

Rising Cost of Living Forces Canadians to Make Tough Sacrifices: Three in Ten Are Eating Less to Save, Sharing Expenses from Cohabiting to Carpooling, Childcare and Groceries

CALGARY, Alberta, Oct. 16, 2024 (GLOBE NEWSWIRE) -- Under the burden of high living costs, Canadians are making difficult sacrifices and finding ways to share expenses to make ends meet and save...
January 15, 2024 08:00 ET | Source: Sands & Associates

BC Cost of Living Increasingly Driving Consumers to Insolvency, with Mental Health Suffering the Impacts of Debt-Stress – 11th Annual BC Consumer Debt Study

New BC Consumer Debt Study Findings Say Mental Health Suffering the Impacts of Debt-Stress, BC Cost of Living Increasingly Driving Consumer Insolvencies
January 08, 2024 08:16 ET | Source: MNP LTD

MNP Consumer Debt Index Dips To Second-Lowest Level in Last 5 Years, Canadians’ Current Debt Perception Reaches All-Time Low

Growing concern and regret about debt: 63% (+1pt) are concerned about their ability to repay their debts, 47% (+2pts) regret the amount of debt they’ve taken on, 47% (+1pt) are concerned about their...
February 06, 2023 10:00 ET | Source: Bromwich+Smith

Bromwich+Smith names Calgary native, Shelley Vandenberg, as new President and CEO

Bromwich+Smith names Calgary native, Shelley Vandenberg, as new President and CEO CALGARY, Alberta, Feb. 06, 2023 (GLOBE NEWSWIRE) -- Licensed Insolvency Trustees, Bromwich+Smith, today...
January 16, 2023 08:00 ET | Source: Sands & Associates

Consumers Turning to Credit Cards and Payday Loans to Cover Costs of Living, with Debt-Stress Impacting Mental Health, Self-Esteem & More – 10th Annual BC Consumer Debt Study

Credit card debt a problem for nearly 3 in 5 individuals polled in the 2022 BC Consumer Debt Study, and worrying high-cost payday loan use is on the rise. Most troubling - almost 4 in 5 people said...
October 24, 2022 11:21 ET | Source: MNP LTD

Selon un rapport : Six Canadiens sur dix sont préoccupés par l’incidence des taux d’intérêt élevés sur leur situation financière, le plus haut niveau jamais enregistré

CALGARY, Alberta, 24 oct. 2022 (GLOBE NEWSWIRE) -- Alors que la Banque du Canada fera sous peu une nouvelle annonce relative au taux directeur, un sondage réalisé récemment par Ipsos pour le compte...
October 24, 2022 11:21 ET | Source: MNP LTD

Report: Six in Ten Canadians are Concerned About the Impact of Interest Rates on Their Financial Situation, Reaching the Highest Level on Record

CALGARY, Alberta, Oct. 24, 2022 (GLOBE NEWSWIRE) -- As another Bank of Canada interest rate announcement looms, a recent poll conducted by Ipsos on behalf of MNP LTD finds that six in ten Canadians...
January 17, 2022 07:30 ET | Source: Sands & Associates

Costs of Living, Credit Cards & COVID-19 – Latest BC Consumer Debt Study Highlights Consumer Debt Problems, Debt Impacts on Mental Health and More

Credit card debt cited five times more than other types of problem debt; using credit for essential costs of living the main cause of debt reported by 18% of insolvent consumers, and more than 3 in 4...

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