MNP Debt Blog

When the economy is going well and your business is humming, all seems good. But what happens, if there is a downturn? Is your business ready? Are you?

As Canadians are struggling with a weakened economy and a consistently increasing cost of living, it's no surprise to learn that many are relying on credit in efforts of trying to stay ahead of monthly financial obligations. Taking it one step further,...

There is no denying the facts: We are living in a tough economy. As more and more Canadians are buckling under the financial pressure of keeping up with living expenses, many are turning to companies who offer quick fixes to what are (more often than...

As the price of living continues to increase across the country, along with an inflated housing market, many Canadians find themselves relying on credit to carry them through major events, expenses and sometimes even day-to-day costs. While credit can...

It’s 8:00 am on Monday morning and you arrive at work ready to start the week, only to find that all staff have been summoned immediately to an emergency meeting in the staff room. Amid whispers of what could possibly be going on, you head into the meeting...

Living in financial uncertainty, with harassing phone calls from creditors, while trying to maneuver through unmanageable debt, can be completely overwhelming. The good news is, you have options, though it can be difficult to fully understand which route...

In today's business environment, many Canadian businesses are having to work twice as hard to keep up with a competitive landscape in a weakened economy. If you really want to stay ahead of the curve and leave the doors open for as much opportunity as...

As of May 20, 2016, Saskatchewan had the highest delinquency rate in the country. Given how significantly Saskatchewan and Alberta have been hit by the oil slump, this doesn’t necessarily come as a surprise to financial strategists and advisors throughout...

As the price of post-secondary education continues to rise, along with cost of living, many students find themselves struggling financially both during the course of their studies and upon entering a very competitive job market upon graduation.

The insolvency statistics for March have just been released and they are consistent with the trends for the previous few months. Generally filings are flat across the country except for those provinces affected by the decline in oil prices. Total filings...