Posthaste: Insolvencies jump sharply as Canadians struggle with debt more than ever

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9 per cent from the same time last year on an adjusted basis, according to data from Innovation, Science and Economic Development Canada. They are now at their highest level since the start of the pandemic, with proposal numbers cresting above the pre-COVID era, said Charles St-Arnaud, chief economist at Alberta Central, in an analysis of the latest figures.

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Posthaste: Insolvencies jump sharply as Canadians struggle with debt more than everA \u0022sharp\u0022 increase in insolvencies in May suggests that households are struggling more than ever with debt. Read more
Source: financialpost - 🏆 7. / 85 Read more »

Posthaste: Insolvencies jump sharply as Canadians struggle with debt more than everA \u0022sharp\u0022 increase in insolvencies in May suggests that households are struggling more than ever with debt. Read more
Source: nationalpost - 🏆 10. / 80 Read more »