MNP Debt Blog

It’s difficult these days to plan for future financial challenges. After all, who has a crystal ball to tell them what the future holds?

After a lifetime of hard work, seniors should now be at a stage in their lives where they can slow down, retire and enjoy their golden years. Unfortunately for many seniors, this is not the case.

As the Canadian economy continues to stagger and unemployment grips several provinces throughout the country, Black Friday shopping can feel like ‘smart spending.’

It can be extremely daunting and frustrating when you are trying to pay down debt. Especially as you watch your balance decrease when a payment is made, only to see it go up again with interest charges, service fees, loan insurance premiums or even as...

Struggling with debt? MNP Ltd. Trustee Derek Cramm recently discussed MNP’s Consumer Debt Sentiment Survey with CTV Halifax.

MNP's TAKE: With a struggling national economy and unemployment on the rise throughout several provinces, it's no surprise to learn that Canadians are grappling with financial insecurity.

Ultimately, the purpose of any business is to make a profit. The value of any business is largely determined as a multiple of its profit or cash flow.

For many Canadians, their retirement years are supposed to represent their golden years where they can enjoy the fruits of a lifetime of work and labour.

MNP Ltd.’s Licenced Insolvency Trustee Walter Mackinnon spoke with the Journal Pioneer regarding Aethon Aerospace Inc. and Testori Americas Corporation.

Given the country’s weakened economy and devalued dollar, paired with significant unemployment rolling through some provinces – it’s suffice to say Canadians are struggling. Low interest rates however, have kept many spending, often relying on credit...