2025-06-18
How to budget for inflation
The cost of daily goods has been rising over the past few years — increasing the price of food, gas, clothing, and many other essential items that Canadians need in their day-to-day lives.
Canadian Household Debt
2015-10-02
According to Statistics Canada, households in Canada had the highest debt level ever when measured as a portion of disposable income in 2015’s second quarter. The ratio of household credit market debt to disposable income rose from 163% in Q1 to 164.6% in Q2. This means that for every dollar of disposable income households brought in, they owed almost $1.65. As interest rates have fallen in the country, more Canadians have gone further and further into debt. MNP LTD TrusteeLana Gilbertson talks to Business Vancouver in an article about the amount of debt many Canadian families are dealing with and how they are looking for feasible debt solutions. The original articlehttps://www.biv.com/article/2015/9/canadian-household-debt-ratio-hits-highest-level-r/ was originally posted online on Business Vancouver on September 11, 2015.
Latest Blog Posts
2025-06-16
What are the pros and cons of a Consumer Proposal?
Bankruptcy Alternatives to Bankruptcy
Let’s review what a Consumer Proposal is, as well as the pros and cons of filing a Proposal, to help you determine if it’s the right solution for your unique situation.
2025-06-16
How to budget when you’re unemployed
Bankruptcy Consumer Proposal
Losing your job can be frustrating and, even more so, managing your financial wellbeing while you’re unemployed. However, you can successfully navigate the situation with the right budgeting tips.
- First steps to take when you become unemployed
- Managing your expenses
- Seeking professional help
