MNP Debt Blog

As the holidays quickly approach, Canadians are reaching deep into their pockets to spend money on gifts for their loved ones. Unfortunately, with Canadians carrying unprecedented debt loads, many are seeking out alternative routes to funding their holiday...

As we begin the month of February and bills from the holiday season have arrived, it's probably difficult to make planning and budgeting for the future a priority.

Struggling with rising debt? MNP Bankruptcy Trustee Dean Prentice discusses increased debt loads and how consumers can manage them in our latest blog.

With the holidays just around the corner, many Canadians are starting their Christmas shopping, ready to shell out hundreds of dollars to surprise loved ones with the perfect gift.

It’s hard to believe it’s that time of the year again. Income tax time. Hopefully you were able to budget for your instalments last year in the correct amount, or your employer took the right amount of taxes from your pay. But what if we miscalculated?...

Canada Student Loan has announced new relief rules for student loan borrowers who are facing financial duress.

Birthdays tend to be a time of celebration and reflection and Canada’s 150th birthday is no exception.

According to the Office of the Superintendent of Bankruptcy Canada, bankruptcies in B.C. are in decline. While this may sound like hopeful news in a struggling economy, MNP’s Lana Gilbertson warns this could be a sign of trouble on the horizon for...

Even while many Canadian consumers are struggling under a sluggish economy and increased unemployment, many were not deterred from sloshing into the snow to hit the stores for seemingly ‘once in a lifetime’ deals.

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.