Many Ontarians in 2026 are working hard, budgeting carefully, and making regular payments, yet still finding it difficult to get ahead financially. Rising living costs, high interest rates, and unexpected expenses have made debt harder to manage, even for responsible households. This guide explains why debt can persist despite good financial habits and explores realistic relief options available in Ontario.

Recessions are hard times for all of us. During an economic recession, people face financial distress and need to find ways to survive.