MNP Debt Blog

The property exempt from seizure is set by the provinces and territories and applies to the equity in the asset, here we'll review the exemptions in Alberta.

If you have concerns about the proposal, the first thing I would:

Given all the challenges Canadians have been through so far this year, it’s safe to say everyone deserves an escape. Vacations can be a great way to escape from everyday responsibilities and reconnect with family and friends.

You likely know what Bankruptcy is and what it can do for people suffering with unmanageable debt. But you may not understand how it works or what’s required of you. Maybe you feel intimidated by the legal jargon, concerns about losing everything...

Do you ever feel like no matter how much you streamline your budget, cut back on discretionary spending, and avoid impulse purchases — you just can’t seem to get ahead? The issue may not be your budget.

This is another edition of the MNP 3 Minute Debt Break podcast. In this installment, we discuss the differences between Consumer Proposals and Bankruptcies.

Recent studies have suggested as many as half of Canadians are retiring in debt.

Millions of Canadians are struggling with debt addiction — a problem that has worsened over more than a decade of historically low interest rates and a growing culture of debt normalization.

The latest MNP Consumer Debt Index points to debt trouble in Quebec as payment deferrals and government emergency aid programs wind down or change.

The latest MNP Consumer Debt Index points to debt trouble in British Columbia, particularly as payment deferrals and government emergency aid programs change or wind down.