A new survey released by MNP LTD finds that Ontarians are concerned about the uncertainty of a potential housing bubble and impending interest rate hikes, adding financial stress to households already carrying a record level of debt.

​​​​There’s no better time to consider your financial future as 2016 comes to a close and the New Year approaches. Many may be asking themselves how they can start to make some steps towards becoming debt free. Let’s break it into a few action steps to work on during 2017 and start planning for a debt-free 2018.

Saskatchewan residents are increasingly reliant on debt and struggling to pay off their outstanding balances.

Ontarians are increasingly reliant on debt and struggling to pay off their outstanding balances.

Owing, in large part, to nearly seven years of ultra-low interest rates, low-barrier borrowing and the relative affordability of credit, Canadians are further in debt than ever before.

A recent Ipsos poll conducted by MNP LTD., has found that Quebec residents are fearful of increased financial turbulence in the wake of future interest rate hikes.

A recent Ipsos poll conducted by MNP LTD., has found that Atlantic Canadians are fearful of increased financial turbulence in the wake of future interest rate hikes.

I understand that you cannot file for personal bankruptcy if you are a Director of an Incorporated company. How does a person go about resigning as the Director??? Thanks, Kelly

According to recent reports, auto sales in Canada are on track to reach a new record for 2014, with optimistic consumers tempted by low interest rates, longer loan amortization periods, dealer incentives and more recently, lower fuel prices. It seems like a great time to buy or lease a new car.

Posted by Sharlene: If you owe taxes to the government, are they exempt from bankruptcy? After bankruptcy, do you still owe back taxes?