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Insolvency proceedings can be stressful for companies, but the impact on employees is often dire. When a company files for bankruptcy, employees may face disruptions in job security, wages, and benefits. This article explores how insolvency affects employees and...
Understanding Debt Consolidation Saskatoon, like many other Canadian cities, is home to a diverse population with varying financial needs. With rising living costs and economic pressures, many people in the city find themselves burdened with mounting debts. For...
January 16, 2025 The Office of the Superintendent of Bankruptcy (OSB) is continuing its efforts to help Canadians experiencing serious financial difficulties find the right debt solution. A multi-channel consumer advertising campaign is launching this week and will...
Running a small business is challenging—especially when facing financial struggles. If your business is overwhelmed by debt, debt restructuring can help restore liquidity, or favourable cash flow. This article explores key strategies for small business owners to...
Bankruptcy often carries a stigma that can lead people to have feelings of dread, shame, and failure. Many individuals view it as a personal failure rather than a legitimate financial solution. And the truth is, a bankruptcy filing shouldn't be seen as a shameful...
WINNIPEG, MANITOBA: C. Buhler & Associates Ltd., a licensed insolvency trustee firm serving Winnipeg, wants Canadians to know that the Canada Revenue Agency (CRA) has increased its debt recovery efforts. In May 2020, the CRA paused debt recovery in response...
Filing for bankruptcy is a last resort—Canadians should only file for bankruptcy if there is no other way to repay their creditors. Often, other approaches are preferable; consumer proposals, debt consolidation, and shrewd financial planning can all help you protect...
Canadians looking to fund their post-secondary education often rely on student loans. Most people see a student loan, even though a hefty sum, as an investment in their future. With rising tuition fees and all associated costs, students can land in overwhelming...
As Canadians, our healthcare is mostly covered by Provincial programs or, in certain cases, federal benefits such as the Canadian Dental Care Plan (CDCP) . However, not all medical procedures are covered services, resulting in certain medical bills that must be...
