MNP Debt Blog

Displaying results for:

Can I File A Consumer Proposal If I'm Bankrupt?

If you are an individual who has filed a bankruptcy under the BIA and you have not been discharged from bankruptcy, you may opt to make a Consumer Proposal to your creditors.

Read More

More Than Half Of Canadians On The Brink Of Insolvency

​Despite the fact that the Canadian economy continues to struggle, low interest rates have encouraged many Canadians to take on more debt.

Read More

Building A Budget For A Seasonal Worker

Seasonal Income has led to many challenges for our clients. We see it often as debt ‘filling in the gaps’ until repayment becomes unmanageable.

Read More

Could You Afford An Interest Rate Hike?

With the Bank of Canada holding interest rates steady at 0.5 per cent, Canadians are on a credit spending binge despite a continued slump in the national economy.

Read More

Debt, Taxes And Your Options

While a corporation is intended, in part, to provide an individual with separation or protection from company debts, a personal director liability can be incurred on GST, PST and source deductions.

Read More

Low Interest Rates Put Manitobans On Brink Of Financial Ruin

Despite the fact that the Canadian economy continues to struggle and unemployment takes its toll on several provinces, low interest rates have encouraged many Manitobans to take on more debt – putting thousands of households at risk should rates increase....

Read More

Carefree Summer Spending Can Lead To Early Winter Hibernation

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.

Read More

Mother May I Follow Your Advice

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

Read More

Low Interest Rates Boost Canadian Credit Spending

The numbers are in – and Canadians are on a credit spending binge.

Read More