09/14/2011 01:51 EDT | Updated 11/14/2011 05:12 EST

Most Canadians comfortable with their debt

Canadians may be taking on more debt, but they are apparently comfortable with that situation, according to the results of a new survey.

In a poll done by Ipsos Reid and release Wednesday by Royal Bank, 58 per cent of respondents said they are happy with their current total debt situation.

Some of the surveys other findings include:

- 22 per cent of respondents said they had no non-mortgage debt.

- 45 per cent said they were comfortable with their personal debt level.

- 93 per cent believed paying down debt is more or just as important as saving for the future.

Additionally, three-quarters of respondents believed they were in better shape with their non-mortgage debt than their friends and neighbours.

"The majority of Canadians feel confident that they are in a better debt position than everyone else, but the reality is that effectively managing credit takes discipline and proper planning," RBC vice-president of personal lending Richard Goyder said.

The results are based on an online poll of 2,000 Canadians conducted from August 18 to 23. The results are considered accurate to within plus or minus two percentage points 95 per cent of the time.

The release of the poll results came a day after Statistics Canada said Canadians continued to take on more debt.

The ratio of credit market debt to personal disposable income crept to 148.7 per cent in the July-September period, topping the old record of 147.3 set in the previous quarter. Credit market debt includes mortgages and consumer loans.

Statistics Canada also reported that household net worth per capita fell from $185,500 in the first quarter of the year to $184,300 in the second quarter as a drop in equities offset rising real estate values. The drop was the first since the second quarter of 2010.