Blog

If you are the owner of a small business that has fallen on tough financial times, given the current economic downturn, you are certainly not alone. This doesn’t make it any easier.

Most Canadian corporations have well-documented policies and procedures regarding governance, strategy and risk management. That being said, financial distress can still occur and the corporation’s Directors play an essential role in detection and...

MNP’s Take: As we enter a recession, Canadians are struggling now more than ever to maintain control of financial responsibilities and increased debt loads. With the Canadian dollar experiencing a significant downturn and a global struggle for economic...

Whether you are looking for services as a business struggling with debt or a creditor working to minimize risk and protect your investment, it’s important to develop solution orientated frameworks and customized strategies that meet the expectations...

Suffice to know, there is no investor protection mechanism against investment losses in a financial market decline. Risk is associated in everything we do in the investment world. These risks can range from stock market risk, interest risk, currency risk,...

Many business owners reach out to me for restructuring advice. On every consultation my first question is “is your business incorporated?”

I am often asked by professionals and self-employed individuals about the status of their business if they were to file for personal bankruptcy and whether they could keep their business alive.

Current state of the Canadian agriculture industry

Many individuals who run small- to medium-sized businesses, do so either as proprietors or corporations. We often see individuals who have started a company, taken steps to incorporate and then run into financial road blocks.

There are many benefits to operating your own business when the business is successful, but what happens when it’s struggling. According to Industry Canada, only 51% of new small-to-medium size businesses are still operating after their first 5...