Debt help resources

Adult children moving back home isn’t just a trend—it’s quickly becoming the norm. While the cost of living continues to climb across Canada, many Gen Z and millennial Canadians are packing up their apartments and returning to the nest as “boomerang kids.”

If you’re worried about unpaid electricity, heating, or water bills, you’re not alone. Last year 1 in 10 Canadians who filed with Grant Thornton were in debt to utility companies. But disconnection isn’t immediate, and you usually have options to protect your service while you get back on track.

Retirement should feel like a reward, not something to stress about. But with the cost of living rising across Canada, more people are tapping into retirement income earlier than planned. The good news? A comfortable, debt-free retirement is still possible with the right mix of planning, realistic expectations, and support when you need it.

When an unexpected bill pops up or your bank balance hits an uncomfortable low, fast‑cash lenders can seem like a lifeline—promising quick approvals, minimal requirements, and money in your account at lightning speed. But as convenient as they sound, instant loans often come with strings attached—and those strings can pull you deeper into debt. Understanding how these quick loans work, and the risks hiding behind the “instant” label, can help you make choices that protect your financial health.

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.