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MNP Debt Blog

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Debt and divorce: A financial fresh start

Divorce is a painful process for everyone involved. Add the financial stress of reconciling debt to the equation and it can quickly become overwhelming.

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CRA Collection Rights: Not Your Ordinary Creditor

The Canada Revenue Agency (CRA) is tasked with assessing and collecting income and related taxes from both businesses and individuals. So, what options are available to CRA to collect a debt?

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In recent years, Canadians have grown accustomed to low interest rates. The Bank of Canada used low interest rates to encourage spending and spur economic activity during the pandemic. However, 2022 marked a sharp and painful turn for many. To combat...

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The Bank of Canada has just announced another increase in interest rates. How does this affect you as a Southern Albertan?

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St. Patrick’s Day: Don’t Rely on Luck to Get Out of Debt

Getting out of debt requires a strategic plan and unwavering commitment. Relying on luck may not get you far.

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How to Future-Proof Finances in Your Relationship

Money can make or break your relationship. Managing your finances with your partner or spouse can guarantee a debt-free life and relationship.

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Budgeting Basics: Planning for your income and expenses in 2023

The new year has just started, and you can still regain control of your finances if you plan your income and expenses using a budget.

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Missing Payments? When to Seek Debt Help

Your debt is overwhelming, and you can no longer hide from it. But you’re still unsure as to when to seek the help of a professional. Here’s what you need to know.

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How are interest rate increases affecting mortgages?

Rising interest rates are affecting your finances in different ways and your mortgage debt is not immune.

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