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The Debt Trap… as interest rates rise, public concern rises

There is a growing concern about personal debt and the impact of rising interest rates in Canada. In January we reported on an earlier release that rising interest rates were increasing worry among Canadians...

Are Consumers Critical Enough of Their Financial Advisors?

Financial advisors and their clients. It is an awkward relationship because it is on-going, there is, presumably a difference in knowledge, and because we want to trust and feel like we have made the...

Breaking the bank… the January spending hangover

Canadians underestimated the amount of holiday shopping they would do in December and their overspending produced significantly more debt. In fact 42% went over budget according to one poll. While this consumer spending may...

Canadians more positive about debt situation compared to year ago [Ipsos]

It seems counterintuitive. Twenty-five per cent of Canadians think their debt situation is better today than it was a year ago (using top 3 box on 10 point scale). In comparison, only 14% are...

The Poor | Personal Responsibility and Blame are Key Themes

The Angus Reid Institute recently released polling results on poverty in Canada which provide a startling view of poverty. Despite the fact that many of Canada's poorest people are not able to complete online...

33% of Canadians have Nothing Left After They Pay Their Bills

A new poll conducted for MNP LTD by Ipsos shows that many Canadians have little financial flexibility from month to month and that rising interest rates already have many Canadians worried about their financial...