For more than four decades, I have sat across the table from financially distressed Canadians. For most of that time, the people who came through our doors had a debt problem. Something had gone wrong. A divorce, an illness, a layoff, a stretch of poor decisions. We could usually name the event that put them in the chair.
That is changing. More and more of the people we meet cannot point to an event at all. Nothing went wrong. Their budget simply no longer works.
