Canadian households went from swimming in debt, to drowning in it last year. Office of the Superintendent of Bankruptcy Canada (OSB) data shows a substantial climb for insolvencies in December. Every province in the country showed large growth, with half printing double digits. The swelling insolvencies led the national number of filings, to the highest […]
Canadian insolvencies made a big jump, and they might be accelerating. Office of the Superintendent of Bankruptcy Canada (OSB) data show total insolvencies made a double digit climb in October. The increase in filings is much faster than the already strong growth seen over the past year. Canadian Insolvencies Rise Over 13% In October Total […]
Having trouble keeping up with your bills? So are a lot of people in Greater Vancouver these days. Office of the Superintendent of Bankruptcy Canada (OSB) filings show more people are becoming insolvent in Q3 2019. Greater Vancouver has seen a trend of growth for insolvencies over the past year, but the most recent quarter […]
