Business, consumer insolvencies rise in December
Surge reflects struggle with pandemic debt, higher interest rates
Source: advisor.ca
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Canada on Edge as Businesses Brace for Potential Wave of Bankruptcies in 2024
"Profits have plummeted and we've seen the stresses of CEBA loan repayments due, and perhaps other stresses coming into play," said Pedro Antunes, Chief Economist at the Conference Board of Canada.
Source: hngn.com
Business, consumer insolvencies rise in December as higher rates bite – Winnipeg Free Press
Breaking News, Sports, Manitoba, Canada
Source: winnipegfreepress.com
Business, consumer insolvencies rise in December as higher rates bite | iNFOnews
OTTAWA - Business insolvencies rose 57.2 per cent in December compared with a year earlier, according to the Office of the Superintendent of Bankruptcy.
Source: infotel.ca
Business bankruptcies shot up by more than 41% last year, as pandemic debts mount
Business insolvencies jumped by more than 41 per cent last year, according to data released Friday by Canada's top financial regulator for bankruptcies.
Source: cbc.ca