insolvencies

Canadian Retailers Face Rising Financial Pressure as Bankruptcy Risks Mount: Alex Hennick

Mario Toneguzzi -
Higher costs, cautious consumers and excess inventory are putting pressure on Canadian retailers, with experts urging earlier action to protect cash flow and preserve business value.

Nearly 400 consumer insolvencies filed every day in Canada: Harris & Partners

Mario Toneguzzi -
New federal figures show consumer insolvencies increased by 2.2%, while separate research found more than one-third of respondents had skipped essentials because of financial pressure.

Canadian consumer insolvencies hit highest quarterly level since 2009: CAIRP

Mario Toneguzzi -
There were 37,523 consumer insolvencies filed during the quarter, up 6.9 per cent from the same period a year earlier and 1.1 per cent from the first quarter.

Insolvencies on the rise in Canada: report

Mario Toneguzzi -
Management of Companies and Enterprises; Accommodation and Food Services; and Mining, Quarrying, and Oil and Gas Extraction registered the largest increases in the number of insolvencies.

Q3 2025 Canadian consumer insolvencies climb 4.8% year-over-year, reaching highest level since 2009

Mario Toneguzzi -
Behind these numbers are Canadians who continue to struggle to balance daily expenses with mounting debt obligations.
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