The MNP Consumer Debt Index, which measures Canadians’ attitudes towards their debt and ability to meet their financial obligations, increased by 12 points to 89, up from the “all-time low” of 77 last quarter.
“This reflects the lingering concerns many have surrounding inflation and interest rates. Many lower-income Canadians cannot find a financial comfort zone," Bazian said in a news release. “There isn’t much financial wiggle room in many household budgets, which illustrates the toll of higher interest rates — especially for those who can least afford it.”
Since Liberal jokers came in power debt bubble is keep inflating and govt wants people indebted
Why would Canadians need to worry whenever people needs money Liberal jokers will start printing money as usual which they are already doing from Pandemic to till today