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Five common themes we often see in faltering businesses
25/10/2021
Paul Pettigrew
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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A business review, also referred to as a look see or viability assessment, is a comprehensive review of a company’s current financial position.
Read More arrow_forwardThe 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.
Read More arrow_forwardCan you afford to increase your business debt right now?
29/10/2020
Victor Kroeger
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...
Read More arrow_forwardStrategies For Creating Your Recovery Plan
24/06/2020
Victor Kroeger
As the economy reopens and we get back to work, we need to be proactive in protecting our businesses.
Read More arrow_forwardFederal Financial Support for Businesses
27/04/2020
Grant Bazian
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.
Read More arrow_forwardStatus of Agriculture Industry in Canada
24/04/2020
John Haralovich
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....
Read More arrow_forwardYour Corporate Financial Health and the COVID-19 Crisis
17/04/2020
COVID-19
Lifestyle Debt
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...
Read More arrow_forwardWEPPA Changes on the Way
24/06/2019
Sheldon Title, John Haralovich
Bankruptcy
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...
Read More arrow_forwardSCC’s Final Word in the Redwater Energy Corp. Bankruptcy
24/04/2019
Sheldon Title
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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