Why Are So Many Canadians In Debt

2016-03-08   minute read

Grant Bazian

MNP Consumer Debt Index

A debt survey conducted by MNP found that nearly half of Canadians are within just $200 of not being able to keep up with their monthly financial obligations. Given today’s economic climate and the state of the Canadian dollar, this comes as no surprise. For this reason, many are taking on more debt, simply to keep up with their expenses.

MNP LTD was interviewed by BNN to discuss the Canadian debt. The original article was originally posted online at BNN on February 18, 2016.

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