If you are business owner, you understand there are countless risks that can affect your business, sometimes with little or any warning.

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, social, political risks and so on. However, all investors are protected through two agencies as follows: Canadian Investor Protection Fund (CIPF) and the Mutual Fund Dealers Association (MFDA).

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.

Regardless of the types of creditors you owe, and how much you owe, you still have options available and the opportunity to maximize recovery to creditors and reduce personal financial liability.

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 years.

If you are an entrepreneur, you understand there are countless factors that can impact on the success of a business. If you have experienced the stress and pain of a failed business venture then you’ve learned that the nightmare doesn’t end the day you close the doors.

There are many reasons why a business may find itself facing financial. Contributing factors can trigger a host of underperformance issues including declining earnings, liquidity and cash flow concerns, and stakeholder pressure. To a large extent, demand for restructuring and insolvency assistance runs counter-cyclical to the economic situation; when times are hard and businesses are struggling to fulfil financial agreements made in happier times....

As the country moves towards legalization in 2018, the cannabis industry is quickly emerging as one of the most promising Canadian markets.

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.