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Family finance: The emotional cost of financially supporting family

With rising costs, increased debt loads, and tighter budgets, many Canadians turn to family for support. Whether it’s helping an adult child get back on their feet, lending money to a sibling, or opening your home to a relative, financial support within families is common across the country. In fact, over half (53%) of Canadians gave money to relatives last year. But money can also strain relationships, create pressure, and sometimes lead to debt on both sides of the conversation.
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Understanding the bankruptcy and consumer proposal processes

If you've just filed your bankruptcy or consumer proposal, these documents will help you better understand the process and what is expected of you throughout your filing.
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What Canada’s 2025 federal budget could mean for your taxes—and your wallet

If you’re one of the many Canadians juggling bills, debt, and rising costs, the 2025 federal budget (Budget 2025) brings changes that could help ease the pressure. From tax cuts to automatic benefit filing, these measures could put more money in your pocket and make it easier to access the support you’re entitled to—without extra paperwork or stress.

Should I get a store credit card?

Store credit cards—like those from grocery stores or even coffee shops—can seem like a smart way to save money while shopping. Signing up may earn you bonus points, cash back, or exclusive discounts. But these cards are more than just loyalty programs; they are real credit cards that come with real consequences if they’re not paid.
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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.

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Caught in the odds: Understanding gambling debt and how to get help

With the rapid expansion of online casinos and sports betting, gambling has become more accessible—and more tempting—than ever. What used to require a trip to the casino now lives in your pocket. It’s no surprise that gambling related financial problems have climbed.
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How much debt is normal in your province?

Having debt is a reality for most Canadians—whether it’s student loans, credit cards, or car payments. But can the province you live in impact the amount of debt you have, and how does it compare to the rest of Canada?
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How can a Licensed Insolvency Trustee help with my debt?

Personal debt has a way of popping up like weeds—one minute everything’s fine, and the next you’re wondering how things got so out of control. The good news is you don’t have to tackle the cleanup on your own. Licensed Insolvency Trustees are federally regulated, highly trained, and genuinely committed to helping people step out of debt and into a fresh financial start.
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Every person's debt situation is different. Our debt repayment calculator can help you understand your debt management options and estimated monthly payments.

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