Canadians have been on a debt binge, and some cracks are starting to appear. The Office of the Superintendent of Bankruptcy Canada (OSB) saw an increased number of filings in October. Insolvency filings have been moving higher for the past year, especially in the consumer segment. Canadians Filed Over 139,000 Insolvencies Canadian insolvencies are rising […]
Mild rate hikes in Canada, mean big consumer debt problems. Insolvency filings are on the rise, and consumer proposals just printed their biggest January for growth in over 5 years.