Non-Linear Recovery: Tracking Nova Scotia Business Bankruptcies Through COVID-19 and Beyond

Paul Egbeyemi and Benjamin Durnford of McInnes Cooper trace Nova Scotia’s uneven post-pandemic insolvency cycle, showing how government support initially suppressed business bankruptcies before rising costs, higher interest rates and exhausted liquidity drove a sharp increase in 2022–2024, with recent declines and greater use of restructuring processes now pointing toward stabilization.

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