Another look at Canadians and debt from latest survey

There is definitely some good as well as challenging news that came to light from the recent survey from Ipsos for debt consultancy MNP. It shows that most respondents had more money left over at the end of the month than in a previous poll in Q1 of this year – to the tune of $100+ – but it also showed that 30% of polled consumers reported that they were insolvent. That was the highest share since 2017. It’s clear that Canadians are still working through the difficult pandemic period.