Bankruptcies, proposals to renegotiate loan terms to rise in Q1
Signs are mounting that households and businesses are struggling to manage the rising cost of debt in Canada. Read more.
Source: financialpost.com
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Signs are mounting that households and businesses are struggling to manage the rising cost of debt
Signs are mounting that households and businesses are struggling to manage the rising cost of debt in Canada. Read more.
Source: thestarphoenix.com
Personal bankruptcies up 16% year-over-year as Canadians battle inflation
Many more Canadians are declaring bankruptcy compared to this time last year as the nation faces soaring inflation.
Source: dailyhive.com
Consumer insolvencies in November reach highest number since pandemic began | iNFOnews
Consumer insolvencies were up 16.3 per cent in November 2022 compared with the same month the year prior, and business insolvencies were up 58.3 per cent.
Source: infotel.ca
Bankruptcies rose 16 per cent year over year in November
Consumer insolvencies were up 16.3 per cent in November 2022 compared with the same month the year prior, and business insolvencies were up 58.3 per cent.
Source: ctvnews.ca