Understanding Consumer Proposals & Debt Trends in 2025 with Sandra Landry

In this insightful episode of Real Life Mortgage Solutions, Len Lane is joined again by Sandra Landry of MNP to discuss the ever-evolving landscape of consumer debt and insolvency in Canada. They explore how economic pressures have led to a noticeable uptick in larger and more complex consumer proposals, often involving higher incomes and assets (such as home equity or investment accounts).

Sandra breaks down the differences between bankruptcies and proposals, highlighting how proposals are often the more secure and predictable option for debt resolution—particularly for those with real estate holdings or rising incomes. The conversation also touches on rental market trends, vehicle financing issues, and the growing number of young Canadians struggling to enter the housing market due to inflated costs and increased credit dependency.

From mortgage portability to third-time bankruptcies and the rise of leasing in the auto industry, this conversation is packed with real-world insight and practical takeaways for anyone navigating debt in today’s high-cost environment.

About Sandra Landry

Sandra Landry is a Senior Vice President at MNP Ltd., one of Canada’s leading firms for consumer insolvency services. With over a decade of experience in the insolvency field, Sandra brings a deep understanding of how proposals and bankruptcies affect Canadians on both personal and financial levels. A strong advocate for financial literacy, she works closely with individuals and families to help them find sustainable solutions to complex debt challenges.

MNP is a member of Praxity, a global alliance of independent accounting and consulting firms, which allows Sandra and her team to access a wide breadth of resources while offering localized, client-focused service.

Resources discussed in this episode:

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