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Bankruptcies in Alberta dropped dramatically during the first 12 months of the COVID-19 pandemic, but this spring’s recent uptick in insolvencies could be a sign of things to come, experts say.
Across Canada, business and consumer bankruptcies both dropped to record lows during COVID-19, with Alberta being no exception. Despite the province being hit by the double whammy of a pandemic-induced recession and slumping oil and gas prices, consumer insolvency filings in Alberta were 27 per cent lower in the 12-month period ending March 2021 than they were the year before.
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Bankruptcies in Alberta dropped dramatically during the first 12 months of the COVID-19 pandemic, but this spring s recent uptick in insolvencies could be a…
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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 grants rural rodeo COVID-19 exemption as cases hit month-plus low
A central Alberta rodeo went forward Saturday after Alberta Health granted organizers an exemption from ongoing public health restrictions.