Too Much Debt?

Do you have too much debt?  Not sure what your options are? If you are wondering if you have too much debt or are feeling anxious about it, you likely do, and you are not alone.  Statistics Canada reports that there is $1.79 in debt for every dollar of disposable…

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CAIRP: Increase in Bankruptcies Predicted

Mounting Pressure on Debtors, as ‘Insolvency Time Lag’, Ease of Credit and Stigma of Bankruptcy Keep Consumer Insolvency Rates Stable An increase in bankruptcies and insolvencies is predicted within the next year: Canadian Association of Insolvency and Restructuring Professionals TORONTO – (November 16, 2018) – Low interest rates and access…

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Tax Debt and the CRA

As they say, the only things we can truly count on are death and taxes. So, it’s not uncommon to come across clients who, for one reason or another, haven’t been able to meet their obligations to the CRA. • Employees who have not been taxed at source or who…

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