Number of Islanders seeking help with debt up 'dramatically,' insolvency trustees say
An increasing number of Prince Edward Islanders are looking for help with their debt problems, some P.E.I. debt advisers say.
Source: cbc.ca
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Growing number of Islanders struggling with debt
The latest numbers from the federal Office of the Superintendent of Bankruptcy show a 15 per cent increase in filings from P.E.I. consumers in 2022.
Source: cbc.ca
For 2nd straight year, inflation pushes P.E.I. property tax up to the max
For the second year in a row, residential property tax assessments in P.E.I. will increase by five per cent, the maximum allowed under provincial legislation.
Source: cbc.ca
Islanders living paycheck-to-paycheck will feel interest rate hike immediately: Financial expert
Insolvency trustee Walter MacKinnon joins CBC News: Compass to discuss how a hike in interest rates will impact Islanders.
Source: cbc.ca
'People are really struggling': Islanders face tough choices amid soaring inflation
A growing number of households on P.E.I. are struggling to make ends meet as high inflation continues to eat away at their budgets.
Source: cbc.ca