Debt pressure remains high across Ontario in 2026 as rising living costs and expensive borrowing make it harder for many Canadians to keep up financially. This guide explains why debt problems are increasing, what happens when payments are missed, and what options may be available under Canadian insolvency law.

Worried about losing your tax refund if you file a consumer proposal in Ontario? Learn how CRA set-off rules work and when refunds may or may not be affected.

It is possible to get a credit card while in a consumer proposal but you many only first qualify for a secured credit card or prepaid credit

Having a good credit score is important in Canada to qualify for debt such as a credit card or mortgage with lenders. Having a poor score...