MNP
MNP LTD is Canada's largest licensed insolvency trustee firm, providing consumer debt relief (consumer proposals, personal bankruptcy, debt consolidation) and corporate restructuring services through 65+ Licensed Insolvency Trustees across 240+ offices nationwide.
- Company typePrivate
- Founded1996
- HeadquartersSaint Albert, Canada
- Headcount101–250
- GTM typeB2B and B2C
- OfferingServices
What MNP does
MNP LTD is a federally licensed insolvency trustee firm operating as Canada's largest consumer insolvency practice, with over 240 offices across all provinces and territories and 65+ Licensed Insolvency Trustees. The firm provides consumer debt relief services—including consumer proposals, personal bankruptcy administration, debt consolidation, credit counselling, orderly payment of debts, and informal debt settlement—alongside a corporate recovery and restructuring practice covering CCAA monitor appointments, receiverships, and bankruptcy administration for businesses. MNP's product portfolio also includes self-service digital tools such as the MNP Debt Calculator, MNP Debt Scale, Budget Tracker, and downloadable forms, as well as content assets including a blog of over 2,160 articles and the MNP 3 Minute Debt Break podcast.
The business model is built on federally regulated professional services fees. Trustee fees for consumer proposals and personal bankruptcies are set by government tariff and deducted from proposal or estate funds rather than billed separately to clients. Initial consultations are offered free of charge, supporting a high-volume acquisition funnel into formal insolvency engagements. MNP is a wholly-owned subsidiary of MNP LLP, a diversified Canadian professional services conglomerate founded in 1958 that also operates MNP Corporate Finance and MNP Digital as sister subsidiaries. The firm was established as a separate legal entity in 1996 and relocated its national headquarters to Calgary in 2001. Beyond service delivery, MNP operates the quarterly MNP Consumer Debt Index with Ipsos and an annual Debt Literacy Month initiative, positioning the firm as the dominant voice on Canadian household financial distress.
MNP firmographics
Firmographics- Name
- MNP
- Legal name
- MNP LTD
- Website
- https://mnpdebt.ca
- Company type
- Private
- Founded year
- 1996
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- MNP LTD is Canada's largest licensed insolvency trustee firm, providing consumer debt relief (consumer proposals, personal bankruptcy, debt consolidation) and corporate restructuring services through 65+ Licensed Insolvency Trustees across 240+ offices nationwide.
- Ownership category
- akta.pro rank
MNP industry classification
Industry- Product category
- Insolvency and Debt Relief Services
- NAICS
- Legal Services (5411)
- SIC
- Services-Consumer Credit Reporting, Collection Agencies (7320), Personal Credit Institutions (6141)
- akta.pro primary industry
- Bankruptcy, Insolvency & Restructuring Servicing (Consumer) (FSAKAJAK)
- akta.pro secondary industries
- Financial Hardship & Forbearance Assistance (FSAEAFAJ), Credit Counseling & Debt Management Plans (DMP) (FSAKAJAH), Debt & Capital Advisory (Debt Raising, Refinancing, Private Credit) (BPAHAOAD)
Keywords
Where MNP is headquartered
LocationHeadquarters
- HQ city
- Saint Albert
- HQ country
- Canada
- HQ region
- North America
Offices3 records
Markets served
MNP business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel
Revenue model
- Consumer Bankruptcy Administration: Fees for administering personal bankruptcy filings, including asset liquidation, creditor distribution, and discharge processing. Costs are federally regulated and prescribed by a tariff contained in insolvency legislation. The consumer is not billed separately as fees are deducted from bankruptcy estate funds.
- Consumer Proposal Administration: Fees for administering consumer proposal filings under the Bankruptcy and Insolvency Act. Proposal fees are set out in bankruptcy law and determined by way of a tariff calculation, deducted from consumer proposal payments rather than billed separately.
- Corporate Insolvency Services: Revenue from acting as court-appointed monitor, receiver, interim receiver, liquidator, or Licensed Insolvency Trustee in corporate restructuring proceedings. Includes CCAA proceedings, receiverships, and bankruptcy administrations for businesses.
- Financial Counselling Services: Fees for mandatory financial counselling sessions required during bankruptcy and consumer proposal processes. Includes budgeting education, credit rebuilding guidance, and long-term financial goal setting.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Pay-as-you-go | Consumer Proposal - federally regulated fees |
| Other | Pay-as-you-go | Personal Bankruptcy - government prescribed tariff |
| Freemium | Pay-as-you-go | Initial Consultation |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels7 records
MNP product offering
Product offeringCore offering
MNP LTD administers federally regulated consumer and corporate insolvency solutions in Canada through Licensed Insolvency Trustees. Core offerings include Consumer Proposals (legally binding debt reduction agreements), Personal Bankruptcy (asset liquidation and discharge), Debt Consolidation, Credit Counselling, and Corporate Recovery & Restructuring (CCAA proceedings, receiverships, monitor appointments). The firm distributes services through 240+ offices across Canada and supplements offerings with proprietary digital self-assessment tools.
Product overview
MNP is a licensed insolvency firm offering a portfolio of debt relief products and services for both consumers and corporations. The consumer offering centers on three core debt solutions: Consumer Proposals (a federally regulated legal agreement to settle unsecured debt for less than the full amount), Personal Bankruptcy (a legal process of asset liquidation and creditor repayment to achieve a financial fresh start), and Debt Consolidation (a financial product combining multiple debts into a single loan). Supporting these core products are ancillary modules including Credit Counselling, Orderly Payment of Debts, and Informal Debt Settlement. MNP also serves the corporate market with Corporate Recovery & Restructuring services, encompassing debtor and creditor services, receivership, monitor appointments, and class action claims administration. Beyond service offerings, MNP provides a suite of digital tools including the MNP Debt Calculator (an online simulator for debt relief options), the MNP Debt Scale (a 14-question financial health assessment), and a downloadable Budget Tracker Spreadsheet. The firm further publishes research through its quarterly MNP Consumer Debt Index (conducted with Ipsos) and an annual MNP Debt Literacy Month campaign, alongside a blog and the MNP 3 Minute Debt Break Podcast.
Differentiator
Problem solved
Functional benefit
Brands
- MNP 3 Minute Debt Break: A podcast offering quick, practical insights to help Canadians take control of debt and make confident financial decisions.
- MNP Consumer Debt Index
- MNP Debt Literacy Month
- MNP Debt Calculator
- MNP Debt Scale
Products and services
- Consumer Proposal A federally regulated, legally binding agreement between an insolvent Canadian individual and their unsecured creditors, providing for reduction of debt or extension of repayment time, or both. Administered by a Licensed Insolvency Trustee under the Bankruptcy and Insolvency Act.
- Personal Bankruptcy A legal process that liquidates a debtor's non-exempt assets and may require wage contributions to repay creditors, providing a financial fresh start for individuals overwhelmed by debt. Administered by a Licensed Insolvency Trustee under the Bankruptcy and Insolvency Act.
- Debt Consolidation
Quantifiable outcome
- 61% of Canadians experiencing financial whiplash, 69% delaying major financial decisions, 43% are just $200 away from failing to meet monthly obligations
- +1 more outcomes
Companies that use MNP
Customer profileNamed customers5 records
Segments2 records
Ideal customer profiles2 records
MNP technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
MNP partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered minor.
- Simply Solventless Concentrates Ltd.minorMNP Ltd. appointed as Court-appointed monitor overseeing CCAA restructuring proceedings. Three wholly owned subsidiaries (Massive Hash Factory Ltd., CannMart Inc., and ANC Inc.) granted creditor protection with stay extended to Humble Grow Co. and SSC itself. Includes sale and investment solicitation process.
- British Columbia Discovery Fund Inc.minorMNP Ltd. served as fund manager for the British Columbia Discovery Fund Inc., overseeing final distribution of $0.11 per share to shareholders, concluding the fund's liquidation process. Distribution approved by Supreme Court of British Columbia.
Scale indicators7 records
Recent moves7 records
Expansion highlights5 records
MNP competitors and assessment
Company assessmentMarket position
Competitive moat3 records
Key risks5 records
Key highlights6 records
Customer concentration
MNP social profiles
Digital presenceMNP compliance and trust
Trust signalCompliance2 records
MNP financial estimates
Financial estimateRevenue estimate
Valuation estimate
MNP leadership team
Management profileNumber of profiles
Profiles6 records
MNP subsidiaries and ownership
Company hierarchySubsidiaries3 records
MNP funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
MNP M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about MNP
What does MNP do?
MNP LTD administers federally regulated consumer and corporate insolvency solutions in Canada through Licensed Insolvency Trustees. Core offerings include Consumer Proposals (legally binding debt reduction agreements), Personal Bankruptcy (asset liquidation and discharge), Debt Consolidation, Credit Counselling, and Corporate Recovery & Restructuring (CCAA proceedings, receiverships, monitor appointments). The firm distributes services through 240+ offices across Canada and supplements offerings with proprietary digital self-assessment tools.
Is MNP a public or private company?
MNP is a private company. It is classified as corporate owned and is currently operating.
When was MNP founded?
MNP was founded in 1996. It employs 101 to 250 people.
Where is MNP based?
MNP is headquartered in Saint Albert, Canada, in the North America region.
How does MNP make money?
Four revenue lines are on record. Consumer Bankruptcy Administration is the primary driver. The others are consumer Proposal Administration, corporate Insolvency Services and financial Counselling Services.
Does MNP have an API?
No public API is recorded for MNP.
What industry is MNP in?
MNP's product category is Insolvency and Debt Relief Services. Its primary akta.pro industry code is FSAKAJAK, Bankruptcy, Insolvency & Restructuring Servicing (Consumer), with a secondary code of FSAEAFAJ, Financial Hardship & Forbearance Assistance. Its NAICS code is 5411 and its SIC code is 7320.