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Burned out and stretched thin: Our survey shows the toll of financial and work stress on Canadians

6 August 2025

Joshua Harris

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Are you feeling stretched a little too thin, juggling too much, and wondering if it’s just you? We recently carried out a national survey to get a clearer picture of how Canadians are coping, and the results were eye-opening.

Out of 1,731 people across the country, more than half said they’re feeling burnt out. And that’s just the start. Financial stress, unpaid overtime, and constant pressure at work are pushing people to their limits, and it’s taking a serious toll on mental health, family life, and everyday well-being.

Key Takeaways

What the numbers told us

Here’s what stood out most:

  • 58% said they’ve felt burned out or emotionally drained in the last year
  • 36.9% have skipped meals or essentials just to make ends meet
  • 33.1% have used credit for everyday costs like groceries or rent
  • 21.4% are doing extra work with no extra pay
  • 14.7% are working unpaid overtime
  • 76.3% said job or financial stress has negatively affected their mental health

This isn’t just a few people feeling the pressure—it’s a lot of us, all at once.

The problem with “do more for less”

We also found that 52.6% of Canadians have seen their workload increase in the past year. But many aren’t being fairly compensated. Instead, they’re being asked to do more with fewer resources, less support, and no extra pay.

“We’re seeing the consequences of a ‘do more for less’ culture. Whether it’s working extra hours without pay or turning to credit just to afford the basics, people are sacrificing their well-being to keep up, and that’s simply not sustainable.” – Joshua Harris, CEO Harris & Partners

The hidden effects of financial stress

Financial and job stress doesn’t stay at the office or in your bank account. It spills into every part of life. According to our survey:

  • 34.4% have put off holidays or personal time
  • 20.3% have struggled to pay bills on time
  • 14.1% have delayed getting medical or mental health support
  • 13.7% said they’ve pulled back from seeing friends and family
  • 54.5% have thought about changing jobs because of financial stress
  • 11.4% have already made that change

A lot of people don’t know where to turn

One thing that really stood out? Nearly 1 in 3 Canadians told us they wouldn’t know where to turn if things got unmanageable financially. And fewer than 40% said they’d feel confident getting help.

That tells us there’s still a big gap in support and awareness. And that’s something we’re working hard to change.

Too many people feel like they have to figure it all out on their own, but that’s not true. Licensed Insolvency Trustees (like us) are here to help, providing clear, honest advice about what to do next.

“Too many people are suffering in silence. We need more accessible education, stronger financial safety nets, and wider awareness of the professional support that is available—especially Licensed Insolvency Trustees who can provide impartial advice.” – Joshua Harris, CEO Harris & Partners

Struggling to keep up? We’re here to help

If you’re feeling overwhelmed by bills, relying on credit to get by, or burning out from the pressure of keeping up, it’s time to get support that actually helps. Speaking with a Licensed Insolvency Trustee will help you understand your rights and options.

At Harris & Partners, we’ll walk you through what’s available—whether that’s a consumer proposal to reduce your debt, support with budgeting, or just a clearer picture of where you stand financially. The conversation is free, confidential, and tailored to your situation. No pressure, no judgement—just honest advice from a team that’s helped thousands of Canadians get back on track.

Ready to take the first step? Book a consultation with one of our Licensed Insolvency Trustees today.

Joshua Harris

Joshua Harris - BComm, MIB, CIRP, LIT

Partner, Licensed Insolvency Trustee at Harris & Partners Inc.

Joshua Harris is a Licensed Insolvency Trustee and Partner at Harris & Partners Inc. With a strong background in financial restructuring, Joshua has been instrumental...

Debt relief FAQs

Can you actually write off debt in Canada?

Yes, you can legally write off debt in Canada through a consumer proposal or bankruptcy, both governed by the Bankruptcy and Insolvency Act. With a consumer proposal, creditors agree to accept a reduced amount, often 30% to 50% of what you owe. Once approved and eliminated, the remaining balance is legally discharged. Bankruptcy offers full debt elimination for most unsecured debts, though it has more serious credit consequences and should be considered a last resort. In both cases, debt “write-off” is legally binding and can give you a fresh start.

Does Canada have a debt forgiveness program?

Canada doesn’t offer one single government-run “debt forgiveness program”, but there are legal options that reduce or eliminate unsecured debt. The two main forms of debt relief are the consumer proposal and bankruptcy, both filed through a Licensed Insolvency Trustee (LIT). A consumer proposal allows you to settle your debts for less than the full amount, while bankruptcy can eliminate most debts entirely. These processes are federally regulated and offer protection from creditors, interest charges, and collection activity. Canada doesn’t offer one single government-run “debt forgiveness program”, but there are legal options that reduce or eliminate unsecured debt. The two main forms of debt relief are the consumer proposal and bankruptcy, both filed through a Licensed Insolvency Trustee (LIT). A consumer proposal allows you to settle your debts for less than the full amount, while bankruptcy can eliminate most debts entirely. These processes are federally regulated and offer protection from creditors, interest charges, and collection activity.

Is it worth going through a debt relief program?

Yes, going through a debt relief program in Canada can be worth it if you’re struggling with unsecured debt like credit cards, payday loans, and tax bills. A structured debt relief plan can:

  • Reduce or eliminate the total amount you owe
  • Stop interest charges and collection calls
  • Help you avoid bankruptcy
  • Offer one affordable monthly payment