I am now officially sick of all these reports telling us how indebted we are and how we spend too much money.  I am not advocating for price controls, but have any of these people telling us that we spend too much noticed how expensive it is to just meet basic day-to-day requirements?  Especially when salaries haven't increased at anything like a commensurate level?  Our household earns far above the median for Toronto, we are not doing anything extravagant and yet we are constantly tapped out.  You can't spend "less" when the cost of a week of summer camp, for instance, is fixed at several hundred dollars.  And you also want to enjoy life while you're living it, don't you?  People are indebted so heavily in Canada because it's so expensive to live here, especially in certain areas.  No great mystery in that.