insolvencies

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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