Canadian Consumer Insolvencies Soar 28%, Biggest Monthly Jump In Over 10 Years

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The Canadian economy is picking up speed, and so is the number of consumer insolvencies. Office of the Superintendent of Bankruptcy (OSB) data shows March saw a sudden increase in filings. The unexpected monthly increase was the biggest in almost a decade. Consumer insolvencies are now at the highest level since the pandemic first began.

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Original Article Source Credits:   Better Dwelling , https://betterdwelling.com/

Article Written By:  Daniel Wong

Original Article Posted on:  

Link to Original Article:  https://betterdwelling.com/canadian-consumer-insolvencies-soar-28-biggest-monthly-jump-in-over-10-years/?

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