Financial Literacy Resource Website

Borrowing Money

Approximately 41 per cent of Canadians have borrowed money to assist with the purchase of a big ticket item, while 12 per cent have done so for their day-to-day spending. For each dollar of income, Canadians have nearly a dollar and a half of debt. 

While Manitobans have one of the lowest debt rates in Canada, it is clear that many need help or tools to make sound borrowing decisions.

The information contained in this section will link Manitobans with resources that will help them make sound decisions about borrowing.