MNP LLP
MNP LLP is a Canadian full-service accounting and business advisory firm serving organizations across all ten provinces.
Last updated October 17, 2026
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Overview
MNP LLP is a Canadian professional-services firm providing accounting, tax, consulting, corporate finance, restructuring, insolvency, and business advisory services. Its roots trace to a Brandon, Manitoba office established in 1945 by Laird, Sprague & Co. That office became independent in 1957, was acquired by Ron Meyers in 1958, and developed through successive name changes and combinations into Meyers Norris Penny & Co., the predecessor of the modern MNP brand. The firm operates from a head office in Calgary, Alberta, and has expanded through a combination of organic growth and acquisitions. Its Canadian footprint includes offices from Vancouver Island to St. John's, covering all ten provinces but not Yukon, the Northwest Territories, or Nunavut. The firm is described as having more than 8,000 employees and more than 120 offices, making it one of Canada's largest accounting and business-advisory organizations by workforce and the country's third-largest professional-services firm by headcount according to the referenced Wikipedia material. MNP's business scope extends beyond conventional audit and tax work. Its advisory platform covers strategy, consulting, technology, valuations, transaction services, corporate finance, risk management, and sector-specific business support. Through MNP Ltd., a subsidiary established to house its insolvency practice, the organization provides consumer proposals, personal bankruptcy assistance, credit counselling, corporate recovery, restructuring, receivership, liquidation, and related trustee services. MNP Corporate Finance Inc. serves the Canadian mid-market with buy-side and sell-side mergers and acquisitions, capital raising, transaction advisory, and due diligence; the referenced material places typical transaction values in a range of approximately $3 million to $300 million. MNP has used acquisitions to broaden its regional reach and capabilities. Transactions and combinations cited in the reference material include firms in Ontario, Nova Scotia, Quebec, Alberta, British Columbia, Newfoundland and Labrador, and other provinces. A major 2021 expansion involved the acquisition of 26 regional Canadian offices from Deloitte. Subsequent activity added consulting capability through Groupe Trigone in Quebec and continued expansion in several provinces through 2023 and 2024. Internationally, MNP participates in Praxity, an alliance of independent professional-services firms. This relationship gives MNP access to cross-border resources while preserving its identity as a Canadian firm. The organization primarily positions itself as a Canadian alternative to multinational accounting networks, combining national scale with local and sector-oriented service. It serves private companies, entrepreneurs, public-sector bodies, Indigenous organizations, not-for-profits, agricultural and resource businesses, and other domestic and internationally active clients, although the exact client mix and current revenue figures are not established in the supplied sources. MNP also maintains a public presence through community and sports sponsorship. In 2022 it obtained naming rights for Calgary's MNP Community & Sport Centre. In 2024, the administration of two British Columbia carbon-tax-funded grant programs became the subject of a provincial investigation after allegations that MNP had offered grant-writing services connected to programs it administered in exchange for a success fee. The British Columbia Auditor General's investigation, released in August 2024, reported no evidence of a conflict of interest.
History
MNP's institutional history begins with a Manitoba accounting practice rather than with the present MNP name. In 1945, Winnipeg-based Laird, Sprague & Co opened an office in Brandon, Manitoba. The Brandon operation became independent in 1957 when the partners associated with Laird, Sprague joined Montreal's McDonald Currie & Co., a firm that later became part of the lineage of what is now PwC. Ron Meyers acquired full ownership of the Brandon office in 1958, establishing the ownership and local-enterprise foundation from which the later firm developed. The business adopted the name Meyers Dickens Norris Penny & Co. in 1969. Over subsequent decades, the practice grew through combinations with other accounting and advisory firms and through expansion into new Canadian markets. In 1996, after combinations involving Brandon-based BDO and Edmonton-based Miller, McClelland Limited, the firm created a separate subsidiary for its insolvency operations. That business later became MNP Ltd., formally adopting that name on June 6, 2011. The firm continued to develop its national platform during the 2010s. It joined Praxity in 2010, connecting it to an international alliance of independent professional-services firms. Acquisitions and combinations cited in the reference material included Draganjac Pressman in Etobicoke in 2015; Bennett McMahon Stillar in Brockville in 2016; WBLI LLP in Halifax and JMA Group in Oakville in 2017; and Craig Keen Despatie Markell LLP in Cornwall, Ontario, in 2018. In 2020, MNP acquired Edmonton-based Next Digital Inc., adding to its technology and digital capabilities. A significant national expansion occurred in 2021, when MNP acquired 26 regional Canadian offices from Deloitte. The transaction expanded the firm's presence in markets including Gaspé, Woodstock, Sudbury, and St. John's. In 2022, MNP acquired Quebec consulting firm Groupe Trigone and continued extending its presence in Laval, Quebec City, Montreal's North Shore, Oshawa, Wallaceburg, and Kelowna. The reference material describes further additions in 2023 across Quebec, Alberta, British Columbia, Ontario, and Newfoundland and Labrador, including a St. John's office obtained from PwC Canada. In 2024, the firm continued acquiring practices in Quebec and completed its first acquisition in Prince Edward Island. Today, MNP is headquartered in Calgary and maintains a broad Canadian office network covering all ten provinces. It does not maintain offices in Canada's three territories according to the supplied reference. The firm operates as a full-service accounting and business-advisory organization, with MNP Ltd. focused on insolvency and restructuring and MNP Corporate Finance Inc. focused on mid-market investment-banking and transaction services. Its participation in Praxity provides international collaboration without changing its Canadian organizational identity. MNP's public profile has also developed through community investment. In 2022, it secured naming rights for the MNP Community & Sport Centre in Calgary. In 2024, its administration of two British Columbia carbon-tax-funded grant programs was investigated after allegations concerning grant-writing services and contingent fees. The British Columbia Auditor General subsequently reported no evidence of a conflict of interest.
- 2024
British Columbia grant-program investigation concluded
[1]The British Columbia Auditor General reported no evidence of a conflict of interest in its investigation of two MNP-administered grant programs.
- 2022
Groupe Trigone acquired
[1]MNP acquired Quebec consulting firm Groupe Trigone and expanded in several Canadian markets.
- 2022
Calgary sports-centre naming rights
[1]MNP obtained naming rights for the MNP Community & Sport Centre in Calgary.
- 2021
Deloitte regional office acquisition
[1]MNP acquired 26 regional Canadian offices from Deloitte, materially expanding its national footprint.
- 2011
Insolvency subsidiary renamed MNP Ltd.
[1]The insolvency subsidiary formally adopted the MNP Ltd. name.
- 2010
Joined Praxity
[1]MNP joined the Praxity alliance of independent professional-services firms.
- 1996
Insolvency subsidiary created
[1]The firm created a separate subsidiary to incorporate its insolvency practice.
- 1969
Meyers Dickens Norris Penny name adopted
[1]The firm adopted the name Meyers Dickens Norris Penny & Co.
- 1958
Ron Meyers acquires the Brandon office
[1]Ron Meyers took full ownership of the Brandon practice.
- 1957
Brandon practice becomes independent
[1]The Brandon office became independent after the relevant Laird, Sprague partners joined McDonald Currie & Co.
Products and positioning
A Canadian-owned, full-service professional-services firm combining national scale with locally delivered accounting, tax, consulting, corporate-finance, and restructuring expertise.
Professional accounting services
Accounting and assurance
MNP provides accounting and assurance work as part of its full-service professional-services offering. The supplied material identifies the firm as a chartered professional accountancy organization, but does not provide a detailed current catalogue of individual audit, review, or reporting products.
Tax advisory
Tax services
Tax advice is one of MNP's core service areas, delivered alongside accounting and business advisory work to Canadian businesses and other organizations. Specific tax products, pricing, and service-line leadership are not identified in the supplied sources.
Insolvency and recovery · 1996
MNP Ltd. insolvency and restructuring
MNP Ltd. provides consumer proposals, personal bankruptcy assistance, credit counselling, and other debt-management alternatives. Its corporate practice covers debtor and creditor services, business reviews, informal and formal restructuring, bankruptcy, monitoring, interim receivership, receivership, mediation, liquidation, and related trustee assignments.
Corporate finance
MNP Corporate Finance Inc.
MNP Corporate Finance Inc. advises Canadian mid-market businesses on sell-side and buy-side mergers and acquisitions, financing and capital raising, transaction advisory, and due diligence. The supplied material describes typical transaction values of approximately $3 million to $300 million.
Management consulting
Business advisory and consulting
MNP's advisory platform supports organizations with business consulting and related professional services. The reference material also points to technology, digital, valuation, risk, and sector-focused capabilities developed through national growth and acquisitions.
Controversies
2024
Investigation of British Columbia carbon-tax grant administration
British Columbia commissioned an investigation after allegations that MNP had offered grant-writing services related to two programs it administered, reportedly for a 20 percent success fee. The Auditor General's report released on August 8, 2024 found no evidence of a conflict of interest.
2019
R. Litz and Sons sues two auditing firms
R. Litz and Sons Company Ltd. sued MNP LLP and Deloitte LLP, alleging that the two auditing firms negligently failed to detect fraudulent schemes by a former employee. The allegations had not been proven in court, and no statements of defence had been filed at the time of reporting.
Marketing campaigns
- 2022MNP Community & Sport Centre naming-rights sponsorship
Calgary · Canada
MNP obtained naming rights to a Calgary community and sports facility, linking the brand with local recreation and community programming.
Outcome. The facility operates under the MNP Community & Sport Centre name.
Brand decisions
2022
Acquisition of Groupe TrigoneM&ABackground
MNP sought to strengthen its Quebec consulting and advisory presence.
Action taken
MNP acquired Quebec-based consulting firm Groupe Trigone.
Aftermath
The firm further expanded its presence in Laval, Quebec City, Montreal's North Shore, Oshawa, Wallaceburg, and Kelowna.
2021
Acquisition of 26 Deloitte regional Canadian officesM&ABackground
MNP pursued national scale and broader regional coverage in Canada's accounting and advisory market.
Action taken
MNP acquired 26 regional Canadian offices from Deloitte.
Aftermath
The transaction expanded MNP's presence in markets including Gaspé, Woodstock, Sudbury, and St. John's.
Recent events
R. Litz and Sons sues two auditing firms[2]
Reported:
R. Litz and Sons Company Ltd. sued MNP LLP and Deloitte LLP, alleging that they negligently failed to detect fraudulent schemes by a former employee. The allegations had not been proven in court, and no statements of defence had been filed.
Sources2 sources
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