The enduring financial impacts of COVID-19 coupled with the pressures of rising interest rates and a higher cost of living are weighing down Canadians’ confidence in their personal finances, according to the MNP Consumer Debt Index which is conducted quarterly by Ipsos on behalf of MNP LTD.

The following questions will help you determine whether your loans may be eligible for discharge in an insolvency proceeding. And, if they aren’t, how you can still get the financial relief you deserve.

Earth Day is a time to turn our attention to our personal consumption habits, and the impact we’re having on the environment. But consumption does not just leave an environmental footprint, it also leaves its mark on our finances. The good news is that many steps we take to improve the environment will improve our financial situation as well — a win-win!

Just like introducing the alphabet and numbers, it’s important for parents to have clear, accessible conversations around money, and healthy habits around finances.

Parenthood happens differently for everyone. But the one thing the same for everyone is the impact on your finances. You are now responsible for a whole other person who depends on you for everything. The good news is you can start planning for these financial changes from the time you find out you’re expecting — and reduce the chances of ending up with debt you can’t manage.

It’s always been difficult to plan for future financial challenges. But these days, the unforeseen seems to be a regular occurrence. No one has a crystal ball for global events let alone circumstances that are unpredictable in your personal world. Like… what if your car breaks down and needs major repairs? What if you’ve been laid off or lost your job? What if you’ve become ill and are now unable to work? What it you’ve...

COVID-19’s enduring financial impact along with the pressures of rising interest rates and the increased cost of living are weighing down Atlantic Canadians’ confidence in their personal finances, according to the MNP Consumer Debt Index which is conducted quarterly by Ipsos on behalf of MNP LTD.

COVID-19’s enduring financial impact along with the pressures of rising interest rates and the increased cost of living are weighing down Atlantic Canadians’ confidence in their personal finances, according to the MNP Consumer Debt Index which is conducted quarterly by Ipsos on behalf of MNP LTD.

We’ve all heard the phrase “don’t put your all your eggs in one basket.” But what does it really mean? In the context of finances, and debt in particular, it means don’t rely on only one type of debt just the same as it means don’t put all your RRSP into crypto currency.