Business · CA ·
Ontario mom rebuilds finances after two parental leaves
The Globe and Mail · Business
Published · Updated
- Julia, 36, returned to work after taking 18 months and 16 months for maternity leaves.
- Her family earned $107,000 annually plus $5,628 from Canada Child Benefit.
- The family carried $66,000 in home equity line of credit debt and $479,422 mortgage.
- Living expenses rose significantly between 2022 and 2025, forcing reliance on credit.
- Julia's work top-up ended in November 2025 and Employment Insurance ended in April.
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