Drowning in debt? Here’s what 90% of Canadian companies don’t know.
| If your business is behind on HST, payroll source deductions, supplier payments, or CRA obligations, you’re not alone and you’re not out of options. In 2024, corporate insolvencies in Canada surged by over 35%, with the construction, manufacturing, and retail sectors leading the statistics. The Bank of Canada’s ongoing high interest rate policy has squeezed already fragile cash flows. But here’s the part most companies don’t know: “Roughly 90% of Canadian corporations qualify for government-backed debt reduction programs—yet most never apply,” says Alex Hunsen, a debt mediator with 30 years of experience and 7,000 cases behind him. Debt Relief & Cash Flow Management Service is for businesses facing financial stress. Through our partnership with a leading debt law firm, we help corporate clients: Avoid bankruptcy or consumer proposals Protect assets from seizure or CRA liens Reduce tax and supplier debt legally Recover operational stability and rebuild cash flow Most importantly, you don’t need to provide documents, tax returns, or even your last name to start the conversation. If you’ve received CRA brown envelopes, supplier threats, or bank account freezes—talk to a lawyer first, not a bankruptcy trustee. “Bankruptcy trustees are not on your side. They work for your creditors and cannot offer you legal protection or confidentiality.” says Alex Hunsen. |
| Featured Video:Watch our interview with Alex Hunsen, Sr. Debt Mediator at Perdentia Law. Introduction to Corporate Debt Remediation (6 minutes) Questions & Answers: Corporate Debt Remediation (21 minutes) |
| Ready to Find Out if You Qualify? There’s no cost to assess your eligibility. In a 15-minute confidential call, we’ll outline whether your business can access a legal strategy to reduce debt, protect your assets, and reclaim peace of mind. |