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Ccaa

What is CCAA in Canada?

The Parliament of Canada allows insolvent companies to restructure their finances through the Companies’ Creditors Arrangement Act (CCAA). The act allows a troubled corporation to potentially avoid the consequences of bankruptcy. Not only is it in the best interest of…

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Is Bankruptcy The Only Option

Is Ontario Bankruptcy the Only Option?

Did you know that an Ontario bankruptcy is not your only option when you have too much debt? It’s true...you actually have three main options. And...did you know that the only person to help you with all three options is…

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Financial Fraud And Covid

Learn How to Avoid Financial Fraud During Covid

The fight against the COVID pandemic has involved massive government support programs around the world. In Canada, CERB and CESB payments are being dispersed to mitigate the economic impact of the pandemic. According to the Government of Canada, more than…

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Credit Counselling Process

Your Guide To The Credit Counselling Process

If you’re experiencing financial difficulties, you may wish that, with just a snap of the fingers, you could eliminate your debt. The truth is, while debt is easy to accumulate, it’s harder to get rid of. There is, however, a…

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Keep Track Of Your Money During Challenging Times

Keep Track of Your Money During Challenging Times

According to Statistics Canada, the average net savings for Canadian households was $852 in 2018. For the lowest income earners, consumption still exceeds income. Unsurprisingly, debt and empty savings accounts are the norms for many Canadians. Now is as good…

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