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For whatever reason or circumstance, debt happens to many of us. Consider these articles in respect to your current and future financial plans.

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Articles posted in 2016. Clear Filter

Articles posted in April. Clear Filter

22 Apr 2016

CBC News article on impact of NL budget

I was interviewed by CBC News regarding the impact of Newfoundland and Labrador's 2016 budget.

17 Apr 2016

Navigating New-fee-land

My family and I love living in Newfoundland and Labrador and I hope you do too. Let's pull up our socks, tighten our belts and right this beautiful ship we call home. With the help of ideas from my family, I have come up with 36 ways to spend less and continue loving living in Newfoundland and Labrador.

15 Apr 2016

The NL budget is going to bankrupt people

Newfoundland and Labrador's 2016 budget includes fee and tax hikes on everything imaginable. The impact on the average household is going to be severe. Let's look at an example...

In 2017 there were 125,807 insolvencies in Canada. source
In 2017 there were 1,390 bankruptcies and 1,125 proposals in Newfoundland and Labrador. source

Many people who file for bankruptcy get to stay in their home.
In Newfoundland and Labrador, you can keep your RRSPs – even if you file for bankruptcy.

Many people who file for bankruptcy are able to keep their vehicle.
In NL in 2017 there was 36 business insolvencies and 2,479 consumer insolvencies. source

Most bankruptcies are NOT published in the newspaper.
Student loans can be included in a bankruptcy if they are more than seven (7) years old.

A consumer proposal is an alternative to bankruptcy that can only be filed with a licensed trustee in bankruptcy.
In NL, people ages 30 to 39 years old file for bankruptcy more than any other age group. [source]

CBC News article on impact of NL budget

Navigating New-fee-land

The NL budget is going to bankrupt people

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