With groceries, gas, and rent to pay for, Simran Singh is working two jobs to provide for himself.
“I haven’t slept for like two days, yeah, I haven’t slept for two days, and I’ve been having coffee, coffee, coffee.”
Despite the double income, Singh said he’s still having trouble getting by.
“I can’t meet my ends at the end of the month,” said Singh. “I’m still in debt, still borrowing money from people.”
He’s not the only one feeling the pinch.
A new MNP consumer debt report done by Ipsos said in Manitoba and Saskatchewan, nearly half, 49 per cent of people, say they are $200 or less away from not being able to pay their bills or their debt payments at the end of the month. That’s a four-point increase from last quarter. Thirty per cent say they are already insolvent, an 11-point jump.
Tanya Reynolds from MNP LTD in Winnipeg said almost half of Manitobans are …