2025-09-26
Is some debt good for my company?
Lifestyle Debt Debt Solutions
Whether operating a small business, or large enterprise, there is a lot at stake for Canadian entrepreneurs.
In 2022, we took our time to understand the debt challenges that Canadians face, and as part of providing solutions, we disseminated well-researched expert knowledge on our blog and other channels. From bankruptcy to financial health, dealing with creditors to finding a Licensed Insolvency Trustee (LIT), we touched on some of the most crucial debt-related topics.
These articles have helped hundreds of people through the year, but we’ve compiled 10 of the most read ones to ease you into a debt-free life in the new year.
Eric Findlay, CIRP, LIT, CPA | October 20, 2020
Take a critical look at your lifestyle and you might find some daily or monthly expenses you can cut back on. You can save between $1,000 to $10,000 every year by identifying and cutting off these inefficiencies.
Kiu Lau, CIRP | December 2, 2021
Knowing the state of your financial health is a good thing. You know what’s better? Knowing that your financial health is flourishing. Here are some pointers.
Shelly Wolf Breakey | April 13, 2021
You’re an indebted pensioner who’s worried about the security of your Canada Pension Benefits (CPP) and Old Age Security Benefits (OAS). The good news is they are usually protected — however, there are circumstances where protections don’t apply.
Donna Carson, CIRP, LIT, CPA, CGA | October 2, 2009
You will be affected if you’re personally liable for the company’s debts. But what makes you personally liable?
John Athanasiou, CIRP, LIT, CPA, CMA | November 1, 2022
Your debt to the Canadian Revenue Agency (CRA) may be so high you’re worried you might lose your income or access to government benefits. The CRA has more powers than the average creditors, but you can protect your income.
Olivier Boyd, CPA, CIRP, LIT | July 20, 2021
While there is no precise answer to the ‘how much debt is too much debt?’ question, there are specific warning signs of unsustainable debt and here are six of them.
Donna Carson, CIRP, LIT, CPA, CGA | December 8, 2014
The province of Alberta has a two-year statute of limitations for creditors to secure a court judgment to collect your debt. However, that doesn’t necessarily prevent them from contacting you or trying to collect in other ways.
Leah Drewcock, CIRP, LIT | March 27, 2018
You’ve missed payments, dodged collection calls, and now your creditors have decided to pursue legal action against you. However, there are certain government-mandated exemptions that can make you judgement-proof.
Kiu Lau, CIRP | September 2, 2022
Debt hardly ever shows up overnight. If you pay attention, there are telltale signs pointing to challenges in your finances; and these are seven of them.
Grant Bazian, CIRP, LIT | July 18, 2022
Choosing the right Licensed Insolvency Trustee does not have to be confusing. A top criterion for choosing one should be their proximity and accessibility. Here’s why.
2025-09-26
Lifestyle Debt Debt Solutions
Whether operating a small business, or large enterprise, there is a lot at stake for Canadian entrepreneurs.
2025-09-02
Lifestyle Debt Debt Solutions
You already know the many benefits of skilled money management. The fact you’re reading this blog post says at least that much. Your challenge, like for most households, is how to navigate the seemingly infinite demands on your frustratingly finite income.
2025-09-02
Debt Solutions Lifestyle Debt 3 Minute Debt Break podcast
With rising inflation, increasing housing costs, and mounting daily expenses, many Canadians are finding that their paychecks no longer allow them to live as comfortably as they once did. Whether you're trying to pay off debt, save for a rainy day, or enjoy greater financial freedom, one option to consider is a side hustle.