Blog

November 26, 2020

The ongoing COVID-19 financial crisis has affected Canadians of all ages and income levels, in all parts of the country. And one of the most serious ramifications of the pandemic has been the im...

November 24, 2020

Having more than one debt is common in Canadian households. Many people manage multiple debts from credit cards, lines of credit, student loans, vehicle loans and even payday loans. Sometimes the comp...

November 20, 2020

When it comes to debt forgiveness, the consumer proposal is a leading alternative to bankruptcy, but consumer proposals are largely unfamiliar to many. Most people only get to learn about how a consum...

November 19, 2020

2020 has challenged Canadians in all sorts of ways, and proved we’re capable of more than we thought. Many people have faced financial challenges because of the uncertainty brought on by the pandemi...

November 11, 2020

Monthly student loan payments are a fact of life once again in Canada, now that the six-month deferral period has come and gone. Last month, hundreds of thousands of Canadians resumed paying down thei...

November 6, 2020

Bankruptcy filings in Alberta are now officially on the rise. Over the course of the pandemic, the province’s economic headwinds have been the strongest in the country, leaving many Albertan househo...

November 4, 2020

For single parents who are raising a family, running a household, working, and managing the finances, life can be hectic, to say the least. When single parents are doing it all on a low income with a ...

October 30, 2020

After housing, transportation is the second largest household expenditure in Canada. Having access to a vehicle is often a necessary part of life, but its hefty price tag means that many take on car l...

October 28, 2020

Have you ever heard of a Licensed Insolvency Trustee (LIT)? Don’t worry, most people haven’t. According to a previous poll, only 21 per cent of Canadians were familiar with what an LIT does. But w...