46 Percent of Canadians $200 Away From Financial Insolvency: Survey

Money is removed from a bank machine in a photo illustration in Montreal, on May 30, 2016. The Canadian Press/Ryan Remiorz

Nearly half of Canadians are teetering on the brink of insolvency, a new survey suggests. 

Forty-six percent of Canadians say they are $200 or less away from failing to meet all their financial obligations, according to the MNP Consumer Debt Index survey conducted by Ipsos and released July 22.