Albertans Have The Highest Consumer Debt In The Nation

Canada’s debt ratio is at the highest debt income ration we’ve ever had. For every dollar we currently make, we are spending approximately $1.65 on credit. For this reason, consumer insolvency is on the rise across the country, which is no surprise to MNP’s Trustee Donna Carson, who is answering more calls for help from Calgarians trying to manage their debt given that the province of Alberta is experiencing the highest consumer debt levels in the country.

Donna was interviewed by Global Calgary to discuss the increase in insolvencies in Alberta. The original article was originally posted online at Global Calgary on October 3, 2015.

Latest Blog Posts

2026-04-13

MNP Consumer Debt Index: Newfoundland and Labradorians experiencing financial whiplash as economic uncertainty persists

Karen Aylward

MNP Consumer Debt Index

Nearly three-quarters say rising food and gas prices are straining their finances.

Read More

2026-04-13

MNP Consumer Debt Index: Saskatchewan and Manitoba residents experiencing financial whiplash as economic uncertainty persists

Pamela Meger

MNP Consumer Debt Index

More than half (56%) say they are experiencing financial whiplash as shifting conditions repeatedly disrupt their financial plans, according to the latest MNP Consumer Debt Index.

Read More

2026-04-13

MNP Consumer Debt Index: New Brunswickers experiencing financial whiplash as economic uncertainty persists

Tara Silliker

MNP Consumer Debt Index

Nearly three-quarters say rising food and gas prices are straining their finances.

Read More

Consultation icon