A recent article published on CTV News in Montreal suggest that many Canadians are still struggling with debt.
"As many as three-quarters of Canadians recently polled say they are in debt and owe an average amount of nearly $16,000, according to a new survey."
With the average Canadian with a personal debt load has soared from $2,779 to almost $15,920 this year compared with last year, says RBC's annual debt poll released on Tuesday.
The report suggest, young Canadians between the ages of 18 and 34 who were surveyed were quite worried about how much money they owed, but that could also because they're not earning as much money as someone older, and may have student debt and other expenses.
Albertans experienced the one of the biggest jump in debt load, with the average more than $24,000 -- up from $14,881 in 2012.
If you are experiencing a debt hardship, you are encouraged to see if you qualify for a Debt Relief Plan online before you consider bankruptcy.
See If You Qualify