Consumer insolvencies on the rise, raising concerns about financial well-being of Canadian households

Consumer insolvencies rose by 9.5 per cent in 2019 to the second-highest total on record, raising concerns about the financial well-being of Canadian households and their ability to manage burdensome debt loads. Just more than 137,000 consumer insolvencies were filed in 2019, an increase of nearly 12,000 from a year earlier and the largest total…

Read More