MNP Debt Blog

When individuals can no longer service their debt, it creates significant issues for both the borrower — who may find themselves in an ever-worsening cycle of debt — and their lender(s) who are having trouble recovering the money owed to them....

Moving away from home is an exciting, albeit bittersweet experience. You’ve got a world of freedom and opportunity ahead of you. But the brand-new costs and responsibilities can also feel quite daunting.

The COVID-19 pandemic has shut down businesses, shaken the global economy and caused large job losses across the country. Thousands of Canadians are taking advantage of federal support measures and many are considering additional ideas to slow all the...

It’s not something we’ve heard a lot of lately… but there is some financial optimism many Canadians are experiencing. It’s the financial “upside” to the pandemic thanks to relief measures and reduced spending.

Parenthood happens differently for everyone. You can plan it carefully or it can be a surprise. You can share the experience with a partner or you can go it alone. But it will always change your life forever.

Financial scams have been around for decades. But they have never been as common and invasive as they are today. The internet, online banking and countless other technologies have enabled fraudsters to invade people’s lives and trick them into handing...

Household debt ratios continue to break records across the country. And as more and more people are working to service that debt, many are unable to set aside savings for unexpected expenses.

When evaluating your options for how best to deal with unmanageable debt, a Bankruptcy or Consumer Proposal are always worth considering.

Given the challenges this year has presented, Canadians don’t need any more bad news. But it appears yet another crisis is about to hit home for many households.

The Canada Emergency Response Benefit (CERB) has been a welcome respite for Canadians struggling with the economic fallout of COVID-19.