MNP’s quarterly Consumer Debt Index consistently finds between 45 and 50 percent of Canadians are $200 or less away from insolvency at month-end.

Your debt levels have risen over the holiday and you’re worried about how to get out of your debt situation this January, you can get help on Hope Tuesday and after.

Until March 2020, there was no such thing as a virtual insolvency proceeding, unless you lived in a remote area. If you wanted to file a Bankruptcy or Consumer Proposal, you had to meet with a Licensed Insolvency Trustee in person.

Perhaps the very first financial lesson many of us remember learning as children is the difference between needs and wants.

Navigating personal Bankruptcy is challenging enough, but the complexity increases significantly when you’re also a shareholder or director of a corporation.

Only you and your child can decide whether post-secondary education is the right path forward. Regardless of what direction their life ends up following, there are steps you can take to prepare for the costs of post secondary education to help ensure money isn’t the deciding factor.

With a wavering Canadian economy and unemployment continuing to roll through several Canadian provinces, thousands of households have found themselves struggling to make it from one financial obligation to the next. This is especially true for single income families. If you are one of thousands of families performing the financial balancing act of trying to get by on a single income, it can be difficult to make financial goals beyond your next payment....