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Oct 22: Donna Carson, Increasing Number of Canadians Report a Decline in their Capacity to Handle an Interest Rate Increase

Roy Green Show

English - October 22, 2023 21:26 - 12 minutes - ★★★★ - 3 ratings
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The Quarterly Consumer Debt Index update from MNP LLP: Increasing number of Canadians report a decline in their capacity to handle an interest rate increase. 4 in10 say their ability to cover an additional $130 in interest payments on debt is much worse. MNP CEO: "many Canadians are stretched uncomfortably close to broke."  
Guest: Donna Carson. Licensed insolvency trustee with MNP LLP Calgary
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The Quarterly Consumer Debt Index update from MNP LLP: Increasing number of Canadians report a decline in their capacity to handle an interest rate increase. 4 in10 say their ability to cover an additional $130 in interest payments on debt is much worse. MNP CEO: "many Canadians are stretched uncomfortably close to broke."  

Guest: Donna Carson. Licensed insolvency trustee with MNP LLP Calgary

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