Bankruptcy

Consumer and business insolvencies rising under weight of higher interest rates Consumer and business insolvencies rising under weight of higher interest rates

Economic Indicators

Consumer and business insolvencies rising under weight of higher interest rates

There were 31,224 consumer insolvencies in the April to June period, up 23.5% compared with the same period last year

By The Canadian Press |August 3, 2023

1 min read

OSC’s case against Bridging execs gets the go-ahead Fallback Image Decorative pattern

Industry

OSC’s case against Bridging execs gets the go-ahead

Tribunal rules Sharpes failed to make the case for a stay, hearing starts June 26

By James Langton |June 22, 2023

3 min read

Court denies Bridging investors’ bid for money back Court denies Bridging investors’ bid for money back

Industry

Court denies Bridging investors’ bid for money back

Chief justice finds motion is premature, directs receiver to address distribution issues

By James Langton |June 7, 2023

2 min read

Household financial pressures growing: Fitch Fallback Image Decorative pattern

Economic Indicators

Household financial pressures growing: Fitch

Credit card performance deteriorating, insolvencies rising, as higher rates and inflation bite

By James Langton |May 12, 2023

2 min read