Advertisement

Andre Bolduc

Consumer insolvencies on the rise; business declines but still elevated: CAIRP

Mario Toneguzzi -
The Association said that even with short-term fluctuations, consumer insolvency volumes in 2025 remain notably higher than pre-pandemic norms.

Canadian consumer insolvencies rise by 20.5% in January amid financial pressures

Mario Toneguzzi -
Ongoing financial stress, including the high cost of living and escalating household debt, continues to play in driving up consumer insolvencies.

Consumer and Business insolvencies reached 15-Year high in 2024

Mario Toneguzzi -
The rise in consumer insolvencies last year highlights the severity of the financial pressures many Canadians are experiencing, exacerbated by rising living costs and economic instability.

Rising insolvencies experienced in retail sector (Interview)

Mario Toneguzzi -
As households grapple with high debt loads, the retail sector feels the pinch as consumer spending tightens, affecting businesses across the country.
- Advertisement -
spot_img
spot_img

About

Contact

Media

Follow

© 2025 Retail Insider Media Ltd. All Rights Reserved. The content on this website is protected by the copyrights of Retail Insider Media Ltd. or the copyrights of third parties and used by agreement. No part of any of the content of this website may be reproduced, distributed, modified, framed, cached, adapted or linked to, or made available in any form by any photographic, electronic, digital, mechanical, photostat, microfilm, xerography or other means, or incorporated into or used in any information storage and retrieval system, electronic or mechanical, without the prior written permission of Retail Insider Media Ltd. or the applicable third party copyright owner.