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Insolvency surge in Q2, Canadians feeling the pinch

Insolvency Insider
Insolvency Insider

Aug 9, 2024

Insolvency surge in Q2, Canadians feeling the pinch

André Bolduc, chair of CAIRP, talks about the increasing rates of insolvency among Canadian individuals and expresses cautious optimism about the recent decline in business insolvencies, suggesting the latter suggests a potential stabilization in the economy due to businesses managing their finances more conservatively to meet pandemic support repayment obligations.

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