HuffPost Canada closed in 2021 and this site is maintained as an online archive. If you have questions or concerns, please check our FAQ or contact support@huffpost.com.

average Canadian debt

Are our young Millennials are being conditioned to carry large debt loads and may have become desensitized to debt as a result. If such desensitization has occurred, what does that hold for our economic and social future as a society?
Consumer debt has become a major concern in Canada. The stress of dealing with unmanageable debt can be overwhelming for most consumers. Between creditor calls, collection threats and living paycheque to paycheque, "get out of debt fast" opportunities can be very appealing. But are they too good to be true?