Debt relief
you can trust

Debt can happen to anyone. We’ll help you find the right solution to get back on track.

Explore debt solutions Try our debt repayment calculator
A young female sitting in an armchair looking to find the right debt solution on her tablet device.
A smiling young male exploring debt relief solutions on his smartphone.

Consumer proposal: an alternative to bankruptcy

A consumer proposal is a great option for people struggling with debt who can repay a portion of what they owe.

Learn about consumer proposals

Timely insights, trusted perspectives.

Group of six people of all ages smiling and laughing with each other

How much debt is 'normal' for your age?

Different life stages, like being a student, buying a house, or retiring, may mean taking on debt. Knowing where you stand financially can help you decide where to go next on your financial journey. See if your debt is 'normal' for your age.
Young woman looking sad with phone notifications appearing behind her saying that she is overdue on bills and her credit limit has been exceeded.

The rising cost of friendship in Canada

Our latest survey reveals that for many Canadians, financial strain is quietly reshaping how we socialize, support, and sustain our friendships.
Person working at a desk with a laptop, calculator, and notepad.

How to build credit in Canada: A guide for beginners

Whether you’re new to Canada, new to independent living, or looking for a new financial start, understanding credit is essential to achieving a stable financial future. Credit can be confusing at first, but once you understand how it works—and how to build it—you’ll be in a much better position to rent an apartment, buy a car, or even get a mortgage.
Three people in a modern office—one presenting a document, one listening, and one with head down on the table.

What happens if your employer goes bankrupt?

Work plays a major role in our lives—after all, most full-time employees in Canada spend 40+ hours a week on the job. While your job can be fulfilling, it can also bring stress—especially when uncertainty arises. If your employer is experiencing financial trouble, it’s natural to feel concerned about what that could mean for your future.
An image of a man and woman at a cafe. The woman is sitting at a table with a cup of coffee, and the man has approached her and is standing next to her giving her a flower.

Dating and debt: the relationship between love and money

Love may not cost a thing but finding it can be pricey. Between dating apps, dinners, and dressing up, the average Canadian expects to spend between $80-100 on a first date. It’s no wonder 1 in 5 have cut back on dating to spare their bank accounts.

Debt help you can trust

Licensed debt relief experts—trusted, transparent, and dependable.

  • 70+ Locations
  • 50+ Years of experience
  • 100k+ Canadians helped
CAIRP Logo Licensed by the Government of Canada
Learn more about us
A collage of Grant Thornton employees

Debt happens more than you think

We've helped thousands of Canadians take control of their finances and live happier, debt-free lives.

I can't say enough about what a fantastic experience I had from start to finish.

I was treated with kindness and respect during a difficult situation that was hard to maneuver on my own. I couldn't have made this fresh start without them. The trustees and associates and everyone involved made the experience as seamless and painless as possible. I highly recommend this business if you are struggling financially and need some guidance. I am over the moon pleased with Grant Thornton Ltd.

— Angelique W, Vancouver, BC

One phone call changed my life! I can breathe again.

I was waiting so long dreading the call, but I put my shame aside and called. The lady that picked it up was a saint. She made it so easy, and I could tell she cared about me as a person and not a number. Thanks to the Grant Thornton team. Cheers!

— Mik, Passage, NS

Kudos to the staff at Grant Thornton who provided me with the information necessary to make the best possible decision for my circumstances.

They were always available, even during COVID-19, and responded to me with quick and concise answers to any and all of my questions. The kindness I was shown by the staff & Trustee of the Thunder Bay office was unmeasurable. They made my decision one of the best I could have made!

— Donna M, Atikokan, ON

I can’t thank you enough. 110% satisfied.

My debt has been such a huge weight on my shoulders over the last few years. Finally, I made the move to deal with it. I am so happy I chose Grant Thornton, and extremely satisfied and over the moon happy to have their help. They made the process so much easier. Very knowledgeable and always readily available. Thank you so much for all your help.

— Darlene S, Calgary, AB

"Thank you" just doesn't fully express what I want to say.

I want to express my heartfelt thanks to Carla Arellano for all of her help. She can never fully understand what a difference she has made in my life. "Thank you" just doesn't fully express what I want to say. I made a call to a different company simply to inquire about the process and found the response to be cold, impersonal and anything but reassuring. What a difference I experienced from the first phone call to Grant Thornton.

Thank you so much for your kindness, compassion, lack of judgement and reassurance. You provided me with excellent information and clearly explained my options. I am sure that many of your clients come to you feeling overwhelmed and carrying shame and guilt over the situation they have found themselves in. While that was how I was feeling about myself, I never felt any of that judgement from you, and that was a huge relief throughout this process!

— Anonymous

Two photos side by side. The larger image shows a father grocery shopping in the produce section with his school aged daughter. The smaller image show a woman smiling on the beach wrapped in a yellow towel and wearing a blue hat.

A better financial future starts now

Our Licensed Insolvency Trustees and debt solutions professionals will explore your options and help you find the right solution to become debt free.

  • Free 1-hour consultation
  • Trusted debt advice
  • No judgement
  • No obligation
Book a free consultation

Your questions answered

A consumer proposal is a legal repayment agreement negotiated with your creditors to settle your unsecured debt (credit cards, income tax, etc.). Your trustee will work with you to offer creditors a percentage of what is owed, and/or modify repayment terms based on what you can afford.

Debt consolidation and consumer proposals are both ways to simplify debt payments. Consolidation loans combine debts into one monthly payment, but they may have high interest rates and fees, and you must repay 100% of the debt.

Consumer proposals are administered by Licensed Insolvency Trustees and offer lower monthly payments with the possibility of reducing your unsecured debt by up to 80%. They also have more favourable terms with 0% interest.

If you don’t have joint debt, your family will not be affected. If your spouse has co-signed or endorsed your debt, they will be equally responsible. Children aren’t affected by a consumer proposal, and you’ll continue to receive child benefit payments (if applicable).

Explore all topics

Looking for assurance, tax, and business advisory services? Visit Doane Grant Thornton LLP.

Loading