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Kate Fenske - COVID-19: Downtown Winnipeg businesses still quiet — for now - globalnews.ca - city Downtown

12.04.2021 / 23:31

COVID-19: Downtown Winnipeg businesses still quiet — for now

New Downtown BIZ grant program to pair Winnipeg businesses for pandemic support Fenske said she still believes the area is positioned to rebound nicely at the end of the pandemic, with over a billion dollars in capital projects currently underway.With a focus on residential properties like 300 Main Street, the area will be able to come roaring back if Winnipeggers view it for more than a place to work.“How can we make sure that we have a vibrant downtown that really is that destination?” Fenske said.“So when our events, arts, culture, all come back, that we’re ready for it — but maybe some people don’t want to do the commute anymore, so maybe it’s downsizing, maybe it’s moving into a larger apartment downtown.”Meyers Norris Penney

Kate Fenske city Downtown Coronavirus MNP

COVID-19 pandemic affecting financial confidence, debt in Saskatchewan: report - globalnews.ca

02.02.2021 / 05:31

COVID-19 pandemic affecting financial confidence, debt in Saskatchewan: report

COVID-19 pandemic has affected many aspects of our daily lives in Saskatchewan, including personal finances.A recent report conducted by MNP found people’s economic pain has carried over from last year.Financial experts say much of the anxiety people are feeling is a result of the pandemic, including lowered interest rates and government-aided funding.According to the quarterly MNP consumer debt index completed by Ipsos, 42 per cent of Saskatchewan residents feel they won’t be able to cover their living expenses for the next year without gaining more debt.Roughly the same number feel concerned about their levels of debt or regret debt obtained.The report adds that roughly 30 per cent of people have taken on more debt because of the

business MNP

Over half in Saskatchewan close to insolvency: report - globalnews.ca

19.10.2020 / 03:45

Over half in Saskatchewan close to insolvency: report

financial struggles facing Saskatchewanians seven months into the coronavirus pandemic, and one suggests more than half are close to being insolvent.Fifty-three per cent of respondents in MNP’s recent Consumer Debt Index, which surveyed Saskatchewan and Manitoba residents, said they were $200 or less from being insolvent at end-of-month.Pamela Meger, a Licensed Insolvency Trustee (LIT) with MNP in Regina, says that the response wasn’t unexpected. She said that surveys in March, before pandemic lockdown measures were implemented, indicated 44 per cent of people were already in that situation.

covid-19 Coronavirus Debt MNP

Majority of Gen Z Canadians close to insolvency amid coronavirus pandemic, poll finds - globalnews.ca

13.10.2020 / 16:59

Majority of Gen Z Canadians close to insolvency amid coronavirus pandemic, poll finds

COVID-19 very differently — and it largely depends on how vulnerable they were prior to the pandemic, a new poll suggests.The youngest people in the workforce — those in Generation Z — appear to be struggling the most, according to the poll, which was commissioned by insolvency firm MNP.Nearly 70 per cent are $200 or less away from insolvency, which includes 39 per cent who are already insolvent, meaning their financial resources aren’t enough to cover their current obligations.Other groups among the hardest hit in the pandemic include renters — 57 per cent who are in that same position — about half of women, and 67 per cent of households earning under $40,000.“The younger generation, those still with student loans, Z generation … renters,

covid-19 Coronavirus Debt MNP

Many Canadians will turn to debt when government benefits run out, survey suggests - globalnews.ca - Canada

16.09.2020 / 13:22

Many Canadians will turn to debt when government benefits run out, survey suggests

Household debt ratio drops to 158% of disposable income, down from 175% The survey, which was commissioned by insolvency firm MNP Ltd. earlier this month, found that among respondents currently receiving benefits due to the coronavirus pandemic, 45 per cent will take on more debt in the event that financial support ends.“That’s a pretty startling figure,” MNP President Grant Bazian said in an interview.Twenty-one per cent said they would use credit cards, and eight per cent said they would rely on payday lenders.

Canada credit cards Coronavirus Debt MNP

Expert offers a COVID-19 action plan for small Edmonton businesses - globalnews.ca - region Edmonton

08.05.2020 / 22:35

Expert offers a COVID-19 action plan for small Edmonton businesses

The COVID-19 pandemic has shattered everyday business practices, with new challenges to come as the economy reopens.

region Edmonton covid-19 Small businesses Coronavirus MNP

COVID-19

United States	Cases: 46 252 513 Deaths: 750 423 Recovered: 0
India	Cases: 34 321 025 Deaths: 459 652 Recovered: 0
Brazil	Cases: 21 835 785 Deaths: 608 235 Recovered: 0
United Kingdom	Cases: 9 215 683 Deaths: 141 607 Recovered: 0
Russia	Cases: 8 494 589 Deaths: 237 619 Recovered: 0

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Covid-19.rehab - the latest news concerning the spread of the SARS-CoV-2 coronavirus (formerly 2019-nCoV), as well as the infectious disease that it causes COVID-19, in separate countries and in the world as a whole. Current news on the topic of coronavirus SARS-CoV-2. Quarantine, pandemic 2020, epidemic: what is it, when will it come to end, precautions and how to protect yourself from this disease. The most honest news, no fakes! To keep up with the latest news, stay tuned for updates on the site! Every day we will collect news and statistics on coronavirus from around the world for you to be aware of this topic.

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