Canadian insolvency filings have reached their highest level since 2009, reflecting growing financial pressure across the country. Learn why Ontario is seeing faster growth, what's driving the trend, and how consumer proposals, bankruptcy, and other debt relief options may help.

Worried about losing your tax refund if you file a consumer proposal in Ontario? Learn how CRA set-off rules work and when refunds may or may not be affected.

Key Takeaways When you file a consumer proposal, you will still be responsible for filing all past and future tax returns. You can keep future tax refunds except for the year of filing the consumer proposal if your tax debts were included in your consumer proposal. Navigating financial challenges can be overwhelming, and many Canadians turn to a consumer proposal to regain control of their finances. While this legal debt-relief solution offers numerous advantages, it can also