MNP Debt Blog

Whether it’s due to a job loss, marital separation or spending beyond your means, debt and interest costs can quickly become unmanageable. If you owe money and are having difficulties paying them back in a timely manner, you can expect lenders to...

Starting a new business is a great adventure. The anticipation for what’s to come motivates you to get up and take on the next challenge each morning.

People often worry meeting with a Licensed Insolvency Trustee means they’ll be forced into Bankruptcy or a Consumer Proposal and not offered any other options.

At MNP, we’re seeing a growing number of people working well-past retirement age simply to afford their monthly debt obligations.

If you are an entrepreneur, sub-contractor or small business owner, tax season is likely one of your most challenging times of year.

Summer conjures thoughts of lazy days at the lake, sunny afternoons in the garden, family barbeques and road trips you wish would never end.

Tax debt can be a scary prospect, particularly if it comes up unexpectedly. However, given the rise of and persistence of recent scams, it is important to confirm that it is, in fact, the Canada Revenue Agency (CRA) that is calling you.

As a Licensed Insolvency Trustee, I meet a lot of people who are struggling with debt. And though their stories are all different, their experiences of searching for help often share a lot in common.

As Licensed Insolvency Trustees, we often see the worst-case scenario when it comes to personal finances. Most people are at the end of their rope by the time they reach my office – having struggled with every possible fix for their debt situations and...

After nearly a decade of historic lows, the Bank of Canada began increasing its key overnight interest rate in July 2017 in response to improving employment figures and a growing economy.