The number of insolvent Canadians skyrocketed by 33 percent on a year-over-year basis in January 2023, according to a new report, which blames rising inflation and high interest rates for the jump. The Canadian Association of Insolvency and Restructuring Professionals (CAIRP) released a report on March 1 indicating that 8,735 consumer insolvencies were filed in…
More Canadians Filing for Insolvency, More Businesses Declaring Bankruptcy: New Report
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