TORONTO – A new survey suggests as many as three-quarters of Canadians are in debt and they owe an average of nearly $16,000.
RBC’s annual debt poll shows the average personal debt load jumped almost $2,800 to $15,920 this year compared with last year.
The figures do not include a mortgage.
Albertans saw the biggest jump in personal debt, with the average owed coming in at more than $24,000 — up from $14 ,881 in 2012.
Quebecers surveyed saw the smallest rise in personal debt this year — up only $287 to $10,458.
The survey found that 24 per cent of Canadians surveyed indicated they were debt-free, down from 26 per cent in 2012.
The online poll of just over 2,100 people was conducted by Ipsos Reid between August 22nd and 27th.
Online surveys are not assigned a margin of error because they do not randomly sample the population.