MNP Debt Blog

MNP’s David Gowling recently discussed Hamilton’s growing debt issues on the Scott Radley Show.

Separation from your partner is one of the many causes of financial distress. Not all couples may be aware of the fact that when you sign a contract togeth​er, you are responsible to repay all the money borrowed.

Earth Day is an excellent opportunity to reflect on the choices you make from many different perspectives.

As unemployment continues to take its toll in Atlantic and Western Canada, the real estate market has taken a hit in many cities as thousands put their homes on the market in hopes of moving on to communities with more opportunity.

​​​With Mother’s Day fast approaching, I am reminded of some of life’s lessons my mother taught me about spending and shopping.

As Canadians settle down to embrace summer fun, what many are really doing is creating a winter of financial pain if they do not make the right choices over the coming months.

While credit can be helpful in a pinch, credit reliance can quickly become a dangerous cycle that's difficult to get out of when there's no longer a steady income coming into the household.

If you are experiencing financial difficulty, and can set aside any emotional bias preventing you from being able to make a rational decision in a timely manner, you will save both yourself and your household from significant stress and anguish.

Having a household credit card or two can come in handy for multiple reasons – which is probably why there are approximately more than 43 million credit cards currently active in Canada.

Tempering the excitement of buying with some sober expense calculations will make for a happier homeowner experience in both the short and longer term.