MNP Debt Blog

Looking to build a financial buffer? Summer is the perfect season to pick up a second job and save up a contingency nest egg!

Given today’s economy and an increased cost of living, many Albertans are feeling the pressure and are ready to ‘round up their debt’.

Young professionals today are struggling to navigate through multiple financial challenges. Many are carrying significant student loans, dealing with an inflated housing market, trying to keep up with an ever increasing cost of living and for some, also...

With a continually increasing cost of living, it’s not always easy to convince yourself to part with the few extra dollars you do have on hand, in order to pay off looming debt. In the long run however, reducing (or even eliminating) your debt load –...

As the price of living continues to increase across the country, along with an inflated housing market, many Canadians find themselves relying on credit to carry them through major events, expenses and sometimes even day-to-day costs. While credit can...

Sometimes a financial institution or other form of lender will not grant credit to an individual or company (the “borrower”) unless someone else provides a guarantee. This can be potentially dangerous because if the borrower defaults on the loan, the...

Haven’t filed taxes in a while? Do you owe back taxes or need help with CRA income tax debt? Most people don’t know that income tax debt can be forgiven in a bankruptcy or proposal. To learn about the options available to you, watch the recording of MNP’s...

Canada is a welcoming place. People from around the world have been choosing to immigrate here for generations and have, in return for new opportunities, given back more than could have been expected. Our society is richer for their presence.

If you have several different debts and you’re starting to have trouble managing them, you’ve probably already encountered the stress of trying to figure out who’s going to get paid and who’s not going to get paid this month.

Here is a small checklist of things to look at and what to pay special attention to. It will involve looking at a few documents and may involve a few phone calls and, if required, a meeting with your financial advisor, lawyer or notary.