2012-01-04
**Please note: As of May 28th, 2012, there has been a change in the exempt assets for non-farmers in Saskatchewan** Pleaseclick here to view these changesHousehold furniture and personal effects to a value of $4,500 per person;Tools of the trade to a value of $4,500;A motor vehicle, if required for employment;Equity in personal residence to a value of $32,000 ($64,000 if jointly owned) to a maximum of $128,000 if held by four parties;Certain life insurance policies;RRSPs, RRIFs and DPSPs are exempt from seizure.Additional ResourcesFor more information, pleasecontact me directly or consult ourBankruptcy FAQ. For farmers in Saskatchewanclick here and see below for details on exempt assets in other Provinces:British ColumbiaAlbertaManitobaOntarioQuebec
2026-07-13
MNP Consumer Debt Index
Atlantic Canadians (68%) are more likely than those in other provinces to say at least half of their income is already committed to bills, debt payments, and regular expenses before it arrives.
2026-07-13
MNP Consumer Debt Index
According to the latest MNP Consumer Debt Index, three in five Canadians (61%) say at least half of their income is already committed to bills, debt payments, and regular expenses before it arrives.
2026-07-13
MNP Consumer Debt Index
According to the latest MNP Consumer Debt Index, nearly three in five British Columbians (58%) say at least half of their income is already committed to bills, debt payments, and regular expenses before it arrives.
