How you as a consumer can evaluate your financial situation Most adults in Canada have some amount of debt. In fact, as of 2017 the average Canadian owes over $8500 in consumer debt, which includes all debt that is not part of a mortgage. So, assuming you - like 54% of Canadians in the referenced poll - hold some amount of debt, you might be wondering just how much is too much for a mortgage. The short answer: it depends. We always recommend working with a member of the Essen