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More than half of Canadians $200 away or less from missing bill payments

A report by insolvency firm MNP Ltd. says 52 per cent of Canadians say they are $200 away or less from not being able to pay all of their bills at the end of the month as higher interest rates and a rising cost of living have stretched budgets.

The result for the July report is up six percentage points from 46 per cent in April.

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