Are there any surveys or statistics to back this up besides Ipsos' survey? It's frankly hard to believe half the country is on the brink of insolvency.
I linked http://greaterfool.ca higher up, but I think it's the best source for Canadian financial info. Garth Turner does a really great service cutting through the bull with a blog article every day of the week!.
Search his site on google for "canada debt" for plenty of articles with links to real data / surveys.
I wish his writing style was a bit more serious. I personally like it, but when I share articles with friends and family - nobody can take him seriously.
Search his site on google for "canada debt" for plenty of articles with links to real data / surveys.