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Official figures show a sharp rise in business insolvency filings while consumer filings are also increasing

COVID-19 Update: 1,195 new cases, three deaths reported Saturday | Summer camps call for clear direction from province Newsroom Staff © Provided by Calgary Herald A pedestrian walks past a mural along 4th Street S.E. in Calgary on Thursday, May 13, 2021. With news on COVID-19 happening rapidly, we’ve created this page to bring you our latest stories and information on the outbreak in and around Calgary. What’s happening now Alberta reported Saturday 1,195 new cases of C...

Article content My COVID Story: How have you been impacted by coronavirus? Postmedia is looking to speak with people who may have been impacted by COVID-19 here in Alberta. Have you had an upcoming surgery postponed? Do you have a family member in the ICU, or have you recovered after spending time in the ICU? Have you changed your life for the better because of the pandemic? Send us an email at reply@calgaryherald.com to tell us your experience, or send us a message via this form. Alberta gra...

Paul Harris Top Picks: May 12, 2021 Feds Clarida plays down significance of rising inflation Stocks slide for second day; treasury yields rise The options market may be fueling the turbulence in tech shares Bruce Campbells Top Picks: May 11, 2021 Upstart crypto exchange FTX surges toward top of trading ranks Rout lands on Nasdaq where shorts are massing, bulls getting out Tech sends stocks down with inflation angst rising Billionaire Alan Howard to return cash from secretive hedge fund Ryan Bus...

Good Morning! Canadians’ personal finances are starting to show the strain. New data show that consumer insolvencies filed in Canada jumped 22.8% in March, the biggest monthly increase in more than 10 years. That’s also the largest single month of new filing activity since the onset of the pandemic more than a year ago. Debtors have mostly managed to keep their heads above water during the job loss and economic turmoil of the pandemic, artificially buoyed by government income support and le...

  EDMONTON -- The number of Canadians on the brink of financial insolvency has reached a five-year high, with more than half of people $200 or less away from being unable able to meet their financial obligations each month, according to a recent survey. As pandemic-related financial support and loan deferral programs slow down and ongoing economic disruptions impact household incomes, 30 per cent of Canadians say they are already insolvent, with no money left at the end of the month to cove...