TD Economics released their report on household debt vulnerability by region yesterday.

"The focus nationally on household debt has raised questions about which regions face the most significant challenge," according to Craig Alexander, TD's Chief Economist and co-author of the report. "This new index does not predict events, but it does shed light on those provinces that are most susceptible to downside risks."

Households in British Columbia, Alberta, Ontario and Saskatchewan were found to be at greater risk with Atlantic Canada and Quebec in the middle. However, it is good news for Manitoban's who are the least vulnerable. View the detailed assessment by region.