MNP Debt Blog

After a lifetime of hard work, Canadians entering their 'golden years' deserve all of the freedom one would imagine retirement has to offer. Unfortunately, in today's economic climate, this is not always the case.

Thinking about financial freedom is like thinking about starting a diet – forcing yourself eat only healthy and unsatisfying foods when all you really want is a piece of double chocolate cake. But if you worry that finding financial stability means no...

As unemployment continues to roll through Saskatchewan and the value of Canadian oil continues to slump on the global market, households across the province are finding themselves on the bring of financial ruin.

As baby boomers continue to age, they face a growing number of questions about how they’re going to manage in the last phase of their lives.

There’s no denying the facts. Given the significant effect the downturn in the oil & gas industry has had across Alberta and Saskatchewan, many businesses are struggling to stay afloat.

With the steadily increasing record levels of consumer debt amongst Canadians, as a Licensed Insolvency Trustee, I am surprised by the number of people who contact me without having ever obtained their own credit report.

After nearly a decade of historic lows, the Bank of Canada began increasing its key overnight interest rate in July 2017 in response to improving employment figures and a growing economy.

One of the first questions I typically ask my clients is this: “When was the last time you drew up a budget?”

People often worry meeting with a Licensed Insolvency Trustee means they’ll be forced into Bankruptcy or a Consumer Proposal and not offered any other options.

Every parent knows just how busy – dare I say hectic – family life can be.