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MNP Debt Blog

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Canadian Numbers Show Insolvency Is Around The Corner For Many

The numbers are in and they’re telling a story that feels a little too close to home for Canadians. Given today’s struggling economy and unemployment hitting tens of thousands of households across the country, many consumers have found themselves...

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Canadians And Insolvency The 200 Crisis

Huffington Post Canada recently covered MNP’s Debt Sentiment Survey. The numbers are in and they’re not looking good.

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Trustee’s Aren’t Scary, They’re Here to Help!

As Halloween approaches and the kids are back in school, parents can now refocus on the bills that were put off during the hectic days of summer such as vacations, back to school supplies and fall clothing.

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Saskatchewan And Manitoba Side By Side In Debt Crisis

As the energy sector continue to spur unemployment across the country, millions of Canadians find themselves turning to credit to keep up with the cost of living.

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How Financially Liable Are You As The Director Of A Small Business?

Companies devote resources to protect their business but often overlook the details necessary to also protect key stakeholders and directors.

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When Does Consumer Debt Become A Consumer Crisis?

As unemployment continues to grip many Canadians largely due to struggling crude oil prices, it probably doesn’t come as a surprise to learn many have found themselves relying on credit to make it from one financial obligation to next.

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One of the goals of the Bankruptcy Assistance Program (BAP), is to ensure low income consumer debtors who need a reduction in the typical fees of a Licensed Insolvency Trustee (“Trustee”) in order to file a bankruptcy can access the BAP, which is administered...

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As the oil and gas industry continues to drag, thousands of Albertans are struggling through a period of significantly high unemployment. The province’s recession is not showing any signs of letting up as it leads thousands of consumers into financial...

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Consumer Debt And The Canadian Struggle

MarketWired recently covered MNP’s recent Consumer Debt Sentiment Survey which shows millions of Canadians are struggling to stay afloat.

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If we told you that many Canadians are struggling with overwhelming debt, would you be surprised?

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