Blog
Back-to-School Expenses Are Adding Up: How to Prepare Without Going Into Debt Help Ontario
As families across the GTA gear up for the new school year, the reality is clear: back-to-school costs are climbing, and many households are turning to credit cards to cover the gap. The growing need for debt help Ontario highlights how quickly seasonal expenses can strain...
How to Tell If Your Summer Debt Requires a Consumer Proposal GTA or Just a Better Budget
For many across the Greater Toronto Area, summer is the season to finally breathe, travel, and make memories. But between patio season in downtown Toronto, cottage trips up north, kids’ day camps, and back-to-school shopping, the financial costs add up quickly. By September...
How the Cost of Living in Canada Is Reshaping Family Finances — and Paths to Debt Relief
For many Canadian families, financial stability is becoming harder to maintain. The challenge is no longer just managing occasional unexpected expenses—it is finding ways to keep up with the steady increase in the cost of everyday life. The cost of living in Canada has...
Debt Repayment vs Vacation: How to Balance Fun and Financial Freedom
As a Licensed Insolvency Trustee, I often speak with Canadians trying to make sense of debt repayment vs vacation decisions as summer approaches. Summer in Canada brings a familiar tension for many households: the desire to enjoy a well-earned vacation versus the...
Job Loss & Debt in Canada: How a Licensed Insolvency Trustee Can Help You Regain Control
Losing your job is one of the most stressful financial events a person can experience. In Canada, where household debt levels are already high, even a short period of unemployment can quickly turn manageable obligations into overwhelming pressure. Mortgage payments, rent...
CRA Debt Canada: Why Waiting Until September Costs You More
For many Canadians, CRA debt feels manageable in the moment—something that can be dealt with “later.” But for thousands of households, that “later” often becomes September and by then, the problem has already grown. If you received a Notice of Assessment in the spring or...
Summer Vacation on Credit? What a Licensed Insolvency Trustee Wants You to Know About Vacation Debt in Canada
For many Canadians, summer is something to look forward to all year. It’s a time to unwind, reconnect with family, and take a well-deserved break from routine—but for some, vacation debt in Canada is becoming an increasingly common part of the experience. As travel costs...
The Canada Groceries and Essentials Benefit 2026: What It Means for Your Budget and Debt
Many Canadians are hearing about a new federal benefit launching in July 2026 designed to help with everyday costs like groceries and essentials. At first glance, the Canada Groceries and Essentials Benefit 2026 sounds like welcome relief in a period of rising living...
CRA Payment Arrangement: Can You Still Set One Up in Summer?
As a Licensed Insolvency Trustee, I often see a predictable pattern each year: by the time June and July arrive, many Canadians—especially here in Toronto—who are considering a CRA payment arrangement have opened their Notice of Assessment and felt that sinking realization...
Toronto Mortgage Renewal 2026: What Happens When Your Payments Jump by $1,000?
For many homeowners, the Toronto mortgage renewal 2026 wave isn’t just a routine milestone—it’s a financial shock. If you bought your home in 2021, you likely secured a historically low interest rate. Now, five years later, you could be renewing at a rate that dramatically...
Contact Richard Killen
FREE No Commitment Consultation
Contact us now for a fresh start!
“Serving Toronto & the GTA for over 25 years.”
Recent Blog Posts
- Why More Canadians Are Choosing Consumer Proposals for Debt Relief and Financial Recovery
- Consumer Proposal vs. Bankruptcy in Ontario: How Income and Assets Decide Your Best Route
- Are You Managing Debt or Just Surviving It? 10 Warning Signs It’s Time to Seek Debt Relief Solutions in the GTA
- Borrowing for Home Renovations in the GTA: Questions to Ask Before Taking on More Debt and How an LIT Can Help
- Back-to-School Expenses Are Adding Up: How to Prepare Without Going Into Debt Help Ontario