Million Dollar Neighbourhood is set to join the OWN Canada schedule this January.

The reality competition series challenges 100 families to collectively raise $1 million in 10 weeks.

Million Dollar Neighbourhood, to debut Sunday, Jan. 22 at 8 p.m. ET, will see families in Aldergrove, British Columbia, swap, scrimp and save so that each individual household increases their net worth every week by an average $1000.

The one-hour series, co-hosted by financial expert Bruce Sellery and clinical psychologist Dr. Joti Samra, will aim to help neighbours tackle problems of ballooning debt or over-spending with tough love and uncompromising directness.

“In Million Dollar Neighbourhood viewers will undoubtedly identify with the pitfalls that these families face, from mindless spending to letting back-taxes pile up, to overspending on daily necessities in favour of convenience,” Vibika Bianchi, a VP of original programming at Corus Entertainment, explained in a statement.

Sponsorship opportunities for the series are open, according to a Corus Entertainment spokesperson.

From Playback Daily