Corporate team reviewing their restructuring plan

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There are many reasons a business may become insolvent, many of which are apparent long before it is rendered bankrupt or placed in receivership.

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Business people using touchpad at meeting

A business review, also referred to as a look see or viability assessment, is a comprehensive review of a company’s current financial position.

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The partners and team members would like to congratulate Derek Cramm, FCPA, FCMA, FCIRP, LIT, Partner and Senior Vice-President, MNP LTD, on his retirement at the end of May 2021.

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Confidence in a continued economic recovery is growing shakier by the day as more provinces declare a second wave of COVID-19. While legislators would prefer to avoid another lockdown, they are urging consumers to limit social gatherings and non-essential...

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Strategies For Creating Your Recovery Plan

As the economy reopens and we get back to work, we need to be proactive in protecting our businesses.

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The COVID-19 crisis has had significant impacts on businesses across Canada: From storefronts having to temporarily close due to physical distancing to public corporations who have seen a decline in share prices due to the economic fallout.

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Status of Agriculture Industry in Canada

All industries have threats that will affect the success or failure of a business. The Agriculture (“Ag”) industry is no different and some would suggest it has more threats that could affect farmers than a typical manufacturing business....

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Your Corporate Financial Health and the COVID-19 Crisis

The COVID-19 pandemic and catastrophic collapse in oil prices have devastated organizations across the country and around the world. Businesses that have never experienced financial difficulties before are suddenly facing all sorts of new and frightening...

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WEPPA Changes on the Way

In an article written for Rebuilding Success, MNP LTD’s Sheldon Title, CIRP, LIT, CPA, CA and John Haralovich, CIRP, LIT, CPA, CA, CMA, CFE, recently discussed federal changes to the Wage Earners Protection Program Act (WEPPA) and what increased...

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The question of who pays for the environmen­tal clean-up of a bankrupt company is one that has dogged Canadian insolvency prac­titioners for years.

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