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Canadian business insolvencies rise almost 42 per cent from last year – Ottawa Business Journal - Vimarsana News

Canadian business insolvencies rise almost 42 per cent from last year – Ottawa Business Journal

Canadian business insolvencies were up 41.8 per cent from a year earlier in the third quarter, surpassing pre-pandemic levels.

Source: obj.ca
Canadian business insolvencies surge almost 42% from last year - Vimarsana News

Canadian business insolvencies surge almost 42% from last year

Withdrawal of Covid-19 support, higher interest rates and softening consumer spending are challenges

Source: advisor.ca
Canadian business insolvencies surge almost 42 per cent from last year - Vimarsana News

Canadian business insolvencies surge almost 42 per cent from last year

OTTAWA — Canadian business insolvencies were up 41.8 per cent from a year earlier in the third quarter, surpassing pre-pandemic levels.

Canadian business insolvencies surge almost 42% from last year - Vimarsana News

Canadian business insolvencies surge almost 42% from last year

Withdrawal of Covid-19 support, higher interest rates and softening consumer spending are challenges

As 'perfect storm' pushes more to the brink, here's what to know about bankruptcy - Vimarsana News

As 'perfect storm' pushes more to the brink, here's what to know about bankruptcy

Experts say many people are in the dark about the insolvency process, even though it could help those in dire straits get a clean slate