A new survey says 56 per cent of Canadians are just $200 or less per month away from being unable to meet their debts, but about half seem unconcerned by the problem.
The study by MNP Debt, part of the personal insolvency business of MNP LLP, surveyed 1,502 Canadians online between Sept. 6 and Sept. 12 and found 31 per cent are already not paying their bills on time which the firm says makes them technically insolvent.
The firm says there is positive news because the percentage of Canadians actually worried about their situation is climbing. Back in February, when the firm did the survey, only 43 per cent of those participating were worried about their debt problems. That number is now up to 52 per cent.
Its actually positive to see…
Read the full article at: http://business.financialpost.com/personal-finance/debt/canadians-are-just-200-away-from-being-overwhelmed-by-debt-new-survey-finds
