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.

There can be confusion on what debts can be included in a consumer proposal and bankruptcy. In general, all debts are included in a...