Debt trouble in Saskatchewan and Manitoba. That’s the assessment of MNP in their latest Consumer Debt Index. The company says the pandemic is putting the spotlight on inequalities between the well-off and those faced with job loss, debt, eviction, and food insecurity. More than 53 per cent of residents in this province and Manitoba say they are $200 or less away from being insolvent at month-end. That’s a two point jump since the last wave in June. It’s the highest proportion of all the provinces. Three in ten in the two provinces say they are technically insolvent; unable to pay their bills and debt repayment obligations each month. Despite the situation, the number concerned about job loss has declined a significant 15 points since June.
Debt Concerns are Rising in Saskatchewan
Oct 13, 2020 | 11:28 AM















