Understanding the differences between consumer proposals and bankruptcy is crucial for Canadians facing financial difficulties. As of 2023, approximately 56% of individuals...

Managing debt is a challenge that many Canadians face at some point in their lives. One common question that arises is, ‘Is...

In Canada, approximately 130,000 individuals file for personal bankruptcy each year, highlighting the increasing financial strain on many households. Understanding the top...

As of 2024, approximately 138,000 individuals are projected to file for insolvency in Canada, highlighting a significant trend in personal financial distress...

In Canada, approximately 1 in every 400 adults filed for bankruptcy in 2022, highlighting a crucial trend in the country’s financial landscape...

Navigating the world of debt can be overwhelming, particularly when faced with the challenge of paying off multiple loans. For many Canadians...

In 2023, the average Canadian carries a staggering debt of approximately CAD 73,000, encompassing various forms of borrowing from mortgages to credit...

As of 2023, approximately 1.5 million Canadians owe a collective total of $18 billion in student loan debt. This significant figure highlights...

Consumer debt vs. mortgage debt in Canada is a crucial concern for many Canadians grappling with financial planning. As of 2023, approximately...