Insolvency

If your farm operation is experiencing economic hardship or uncertainty, it can be difficult to determine the appropriate course of action on your own. As one of Canada's leading corporate recovery and restructuring firms, we are here to help you. Drawing on comprehensive experience and industry knowledge, we consider all angles to create recovery and restructuring strategies that meet the needs of all stakeholders and protect your rights. We work collaboratively with both debtors and creditors to find solutions that work in the near- and long-term.

To learn more about MNP’s Insolvency Services, please click here.

Corporate Restructuring 

If your farm business is dealing with more debt than it can manage—or your financial institution or suppliers are pressuring you to make payments you can’t afford—it may be time to seek assistance. Your local MNP LTD office is here to help every step of the way. We can help with:

  • Business Review

  • Corporate Restructuring - Informal Turnaround

  • Corporate Restructuring - Formal Proposal to Creditors

  • Bankruptcy

    Insights

    • Performance

      May 26, 2023

      What now? Taking a 360-degree approach to your business’ future

      How can you secure the long-term success of your business? A 360-degree approach will empower you to make informed decisions to increase profitability.

    • Confidence

      May 23, 2023

      Parliament passed Bill S-211: Are you ready to meet the new requirements?

      The Canadian Parliament has passed Bill S-211 to reduce the risk of child or forced labour in supply chains used by Canadian businesses. Find out what that means for your business.

    • Performance

      November 07, 2022

      Advance Payments: Federal Funding for Farmers

      Managing cash flow can be challenging for agricultural producers. The federal government’s Advance Payments Program can help.

    Contact our Agriculture Team

    Stuart Person CPA, CA

    Senior Vice President, Agriculture, Director Crop Services

    Stuart is the Senior Vice President of MNP's Agricultural Services and National Leader of Crop Services, based in Edmonton.

    With more than 25 years of experience in agriculture, specializing in the grain industry, Stuart grew up on a grain farm and continues to be actively involved in the industry as a producer. This experience allows Stuart to relate first-hand to what Canadian agriculture producers face in their operations — and gives him greater insights into how to help producers overcome challenges and achieve their goals.

    Stuart works with many agriculture producers, associations, and other industry stakeholders on a daily basis, providing advice on the complex issues affecting the industry. With extensive experience as an MNP Agriculture Business Advisor, he helps clients from coast to coast.

    As Senior Vice President, Stuart leads a national team of more than 700 Agriculture professionals who serve more than 21,000 clients. He sits on the Farm Management Canada – Gestion Agricole du Canada (FMC-GAC) board of directors, and is a member of the Canadian Association of Farm Advisors (CAFA).

    Stuart earned a Bachelor of Commerce (BComm) with Distinction from the University of Saskatchewan in 2000. He is a Chartered Professional Accountant (CPA), qualifying as a Chartered Accountant (CA) in 2003.