MNP 3 Minute Debt Break MNP Debt Ltd.

Debt can be a heavy burden, and exploring a consumer proposal can feel daunting. It's natural to seek information online or talk to loved ones during this stressful time.

In today’s digital era, the convenience of obtaining anything with a tap of your finger is undeniable. However, these luxuries can quickly add up, significantly impacting your bank account.

Dans l’ère numérique d’aujourd’hui, la simplicité avec laquelle on peut obtenir tout ce que l’on veut d’un simple toucher du doigt est indéniable. Toutefois, ces luxes peuvent rapidement s’accumuler et avoir un impact significatif sur votre compte bancaire.

Canadians are facing a cost-of-living crisis. With rampant inflation, many have taken on more debt just to make ends meet. With interest rates still high, some households might be considering declaring Bankruptcy for the first, second, or even a third time.

Le coût des produits de consommation courante est en hausse depuis quelques années, ce qui entraîne une augmentation du prix de la nourriture, de l’essence, des vêtements et d’autres produits essentiels dont les Canadiens ont besoin. Selon le calculateur d’inflation de la Banque du Canada, les coûts ont augmenté de 15 % entre 2020 et 2023.

The cost of daily goods has been rising over the past few years, increasing the price of food, gas, clothing, and other essential items Canadians need. According to the Bank of Canada’s Inflation Calculator, costs have increased by 15 percent from 2020 to 2023. This means an item that used to be $1.00 now costs $1.15. If your income hasn’t increased by 15 percent in the same period, you might be feeling the pinch of inflation on your budget. Now might be a good time to revisit your budget to ensure your monthly income covers your expenses.