March 2017 Bankruptcy & Consumer Proposal Statistics

March 2017 Bankruptcy & Consumer Proposal Statistics On May 31, 2017, the Office of the Superintendent of Bankruptcy released its most current statistics on personal bankruptcy and consumer proposal filings for Canadian debtors. Canada – there were 62,333 personal bankruptcies and 63,153 consumer proposals filed in the 12-months ended March 31. Bankruptcies were down 2.0% … Continue reading “March 2017 Bankruptcy & Consumer Proposal Statistics”

The New Debtor Prison

The New Debtor Prison Even though Debtor Prison was abolished in Canada in the mid 1800’s, some consumers still fear they will be sent to jail if they can’t pay their debts. However we have found that a new form of debtor prison exists and this is due to excessive phone calls, emails, text messages … Continue reading “The New Debtor Prison”

bankruptcy stats

February 2017 Bankruptcy & Consumer Proposal Statistics

February 2017 Bankruptcy & Consumer Proposal Statistics On April 30, 2017, the Office of the Superintendent of Bankruptcy released its most current statistics on personal bankruptcy and consumer proposal filings for Canadian debtors. Canada – there were 62,502 personal bankruptcies and 62,829 consumer proposals filed in the 12-months ended February 31, 2017 for average total … Continue reading “February 2017 Bankruptcy & Consumer Proposal Statistics”

7 Ways to Get More From Your Income Tax Refund

7 Ways to Get More From Your Income Tax Refund The deadline for filing your 2016 personal income tax return passed on May 1 and hopefully you are one of the people who is fortunate enough to be getting a refund. While it may be tempting to spend your refund at the mall or splurge on some … Continue reading “7 Ways to Get More From Your Income Tax Refund”

Income Tax Deadlines

Income Tax Deadlines For Canadians, April 30 is the official deadline to file your personal income tax return with the Canada Revenue Agency.   Where April 30 falls on a Sunday, your return will be considered filed on time if it is received or postmarked on or before May 1, 2017.  If you file your return … Continue reading “Income Tax Deadlines”