Consumer insolvencies spike to highest level since 2019
Consumer insolvencies have risen to their highest level since 2019, new numbers showed Wednesday, in a troubling sign that Canadians are having trouble staying on top of their debt load.
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Consumer insolvencies have risen to their highest level since 2019, new numbers showed Wednesday, in a troubling sign that Canadians are having trouble staying on top of their debt load.
The head of the Calgary Food Bank says inflation is among the issues adding up to increased wait times for food hampers for Albertans. The average wait is now around 15 days.
The population boom in Alberta has depressed wages and means the impact of inflation is being felt more acutely here than anywhere else in Canada, says a local economist. Charles St-Arnaud, chief economist with Alberta Central, said people in Alberta are paying the same increased prices for things like groceries, gas and household goods.
Federalism, climate policy and a new flavour of Canadian conservatism. Why observers nationwide are paying attention to the Smith-Notley showdown.
Federalism, climate policy and a new flavour of Canadian conservatism. Why observers nationwide are paying attention to the Smith-Notley showdown.