Insolvency in the News
August 1, 2024
Why and how to create an emergency fund
Source: Money.ca
May 11, 2024
How to use your credit card as a powerful wealth-building tool
Source: CTV
May 2, 2025
How to get a mortgage: A guide to getting your first mortgage
Source: Money.ca
April 3, 2024
Seniors and Debt: A Troubling Trend
Source: Substack
March 21, 2024
Secured vs. unsecured credit cards: What’s the difference?
Source: Fortune
March 13, 2024
Households owed $1.79 for every dollar of disposable income in Q4: Statistics Canada
Source: The Canadian Press
March 11, 2024
Rents in Alberta growing faster than any other province in Canada
Source: Calgary Herald
February 28, 2024
Posthaste: Consumer debt balloons to $2.4 trillion as newcomers to Canada rush to borrow
Source: Financial Post
February 19, 2024
Canadian Mortgage Credit Continues To Slow, Credit Card Debt Surges
Source: Better Dwelling
February 15, 2024
When cutting expenses isn’t enough: Experts weigh in on how to increase your income
Source: CTV News
February 14, 2024
Canada Taxes: Here’s What You Need To Know About Filing Your 2023 Tax Return This Year
Source: Narcity Canada
December 20, 2023
Being naughty, nice or trying your best? The money edition
Source: Financial Post
November 14, 2023
Consumer Alert: Struggling with debt? Beware of debt-relief scams.
Source: Government of Canada
September 18, 2023
3 Signs You’re Too Casual About Debt
Source: Money Group
September 14, 2023
CEBA loan repayment deadline extension doesn’t go far enough: CFIB
Source: City News
September 14, 2023
Albertans hold most average consumer debt in Canada
Source: CTV News
September 14, 2023
Alberta’s electricity prices surged over the summer due to its deregulated market
Source: The Canadian Press
August 28, 2023
AISH recipients form grassroots group to raise awareness, dispel myths around the program
Source: CBC News
August 23, 2023
Debt among Canadian millennials at record levels, while earnings haven’t kept up: RBC report
Source: CTV News
August 22, 2023
Canadians falling victim to scammers posing as debt-relief: Better Business Bureau
Source: City News
August 11, 2023
Calgary rents increasing faster than anywhere else in Canada, report says
Source: Calgary Herald
August 10, 2023
Hundreds of thousands moving to Calgary, making city unaffordable
Source: Global News
August 4, 2023
7 Benefits, Credits & Payments From The Federal Government You Can Get As A Single Person
Source: Narcity Canada
July 27, 2023
‘I feel abandoned’ — businesses warn of bankruptcy as deadline to pay back COVID loans looms
Source: Financial Post
June 19, 2023
What is the PERMA model? Can it help Canadians to spend better?
Source: Money Sense
June 13, 2023
How to balance past debts like student loans with investments for the future
Source: BNN Bloomberg
May 11, 2023
Consumer insolvencies spike to highest level since 2019
Source: CBC News
April 27, 2023
Owe money to the CRA this tax season? Here are some repayment options
Source: Canadian press
March 30, 2023
This is how much debt is normal for your age
Source: CTV News
March 29, 2023
Canada Officially Announced A New Grocery Rebate & Millions Would Qualify For The Extra Money
Source: MTL Blog
March 26, 2023
Are you financially literate? Here are 7 signs you’re on the right track
Source: The Conversation
March 26, 2023
Millennial Canadians dealt generational losing hand, layered in debt: insolvency trustee
Source: CBC
March 10, 2023
Live your best (and cheapest) life: 11 top tips from money-saving influencers
Source: The Guardian
March 9, 2023
Credit card debt up 15 per cent in Q4, younger Canadians feel hardest pinch: Equifax
Source: BNN Bloomberg
March 4, 2023
Canada’s banks brace for possible wave of loan defaults. Why that matters
Source: Global News
February 24, 2023
Tax Season Has Begun In Canada — Here Are The 8 Biggest Scams To Avoid
Source: MSN
February 14, 2023
Posthaste: One in six Canadians say they are likely to default on a major loan as rate hikes pinch
Source: Yahoo Finance
February 13, 2023
One in four Canadians are unable to cover an unexpected expense of $500
Source: Statistics Canada
February 13, 2023
Nearly half of all insolvencies last year were filed by millennials: Study
Source: BNN Bloomberg
January 25, 2023
Latest rate hike could lead to ‘increased insolvencies’ in Alberta
Source: Calgary Herald
January 6, 2022
Personal bankruptcies up 16% year-over-year as Canadians battle inflation
Source: Daily Hive Canada
December 13, 2022
CRA should warn benefits applicants about risk of clawbacks: Taxpayers’ watchdog
Source: The Canadian Press
December 13, 2022
79 per cent of Calgarians concerned about poverty levels in city: report
Source: Global News
December 11, 2022
In search of an attainable New Year’s resolution
Source: VOX
December 6, 2022
Consumer debt climbs to highest level since early pandemic, up 7% since last year
Source: CBC News
December 6, 2022
Canadians look to side hustles to make up for inflation pressure, but at what cost?
Source: CTV News
December 6, 2022
Canadian consumer debt climbs 7.3% to $2.36 trillion in third quarter: Equifax
Source: Q107
December 1, 2022
What New Year’s resolutions are Canadians making for 2023?
Source: CTV
December 1, 2022
What I wish I knew before getting my first credit card.
Source: CapitalOne
November 22, 2022
Soaring costs are causing some families to reach a tipping point
Source: CTV News
November 16, 2022
How to avoid overspending when you’re online shopping this season and beyond.
Source: CapitalOne
November 14, 2022
Consumer Bankruptcies In Canada Rise 22.5%
Source: Baystreet
November 10, 2022
Insolvencies on the rise in Canada, new data show
Source: Yahoo Finance
October 25, 2022
“Winter is Coming” for Canadian Wallets – What will the Policy Rate Announcement mean for holiday spending?
Source: Yahoo Finance
October 24, 2022
‘We’re nervous. We’re concerned’: Uncertain Albertans brace for further interest rate hike
Source: Calgary Herald
September 30, 2022
How inflation, rate hikes and a looming recession could push a wave of cash-strapped Canadians to bankruptcy
Source: Toronto Star
September 23, 2022
Good terms: Understanding credit card interest
Source: CapitalOne
September 15, 2022
Rising household debt hurting Albertans
Source: City News
September 10, 2022
CANADA: ‘Payment shock’ looms as debt, interest rates climb
Source: Canadian Press
September 7, 2022
Canadians vulnerable to ‘payment shock’ as debt, interest rates climb, experts say
Source: Canadian Press
September 6, 2022
Average non-mortgage debt tops $21,000: Equifax Canada
Source: BNN Bloomberg
September 2, 2022
Alberta parents fear running up debts to cover rising school costs
Source: CTV News
August 25, 2022
The squeeze is on: What to do when creditors come calling
Source: Financial Post
August 23, 2022
Are grocery stores hiking prices to profit off inflation? Many think so
Source: CityNews
August 5, 2022
As financial conditions tighten, insolvencies rise
Source: Investment Executive
August 4, 2022
Half of Canadians in debt and lacking emergency funds, survey finds
Source: The Squamish Chief
August 1, 2022
Credit card balances: minimum payment increases begin in Quebec
Source: CTV News
July 29, 2022
Higher prices hit different for young people
Source: National Observer
July 27, 2022
6 tips for managing money when you’re self-employed
Source: Financial Post
July 26, 2022
What is the profile of a typical insolvent Canadian?
Source: Wealth Professional
July 23, 2022
Where have all the workers gone? Don’t blame COVID, economists say
Source: CBC
July 22, 2022
Canadians’ debt concerns surge amid rising rates
Source: Canadian Mortgage Professionals
July 13, 2022
Alberta homeowner faced with roadblock of someone else’s debt
Source: Global News
July 11, 2022
Canadian Consumer Insolvencies Are On The Rise, But Still Below Typical Levels
Source: Better Dwelling
July 6, 2022
Cracks in pandemic recovery to weigh on Canadian household finances, study says
Source: CP24
May 9, 2022
Forget Credit Score. Did You Know You Have A Bankruptcy Score?
Source: Hoyes Michalos
Apr 13, 2022
Big 5 banks swiftly pass on Bank of Canada hike to borrowers
Source: BNN Bloomberg
Apr 13, 2022
Bank of Canada delivers jumbo rate hike with more to come
Source: BNN Bloomberg
Mar 28, 2022
Better double-check your tax return if you’ve been using the CRA’s Auto-fill
Source: Financial Post
Mar 10, 2022
Here’s what you can do about the ever-increasing prices at the grocery store and gas station
Source: Financial Post
Mar 10, 2022
Opinion: Poverty, power and the skyrocketing cost of utilities
Source: Calgary Herald
Mar 8, 2022
Alberta leads country in highest average debt and delinquency rate for final quarter of 2021
Source: CBC
Mar 3, 2022
Canadians in debt caught with pants down, seek loans from family, friends, banks – shy away from spouses
Source: Financial Post
Feb 23, 2022
35% of Canadians say rising interest rates could push them to bankruptcy
Source: Daily Hive
Feb 15, 2022
Insolvent Canadians are carrying the most unsecured debt since 2016
Source: WealthProfessional
Feb 14, 2022
End to interest relief on pandemic benefits could lead to more insolvencies
Source: Advisors Edge
Feb 14, 2022
Hoyes Michalos Bankruptcy Study
Source: Hoyes Michalos
Feb 4, 2022
Insolvencies declined in 2021
Source: Advisors Edge
Jan 22, 2022
Albertans’ confidence in personal finances plummets in 2021: Surveys
Source: Edmonton Journal
Jan 21, 2022
Debt-strapped Canadians brace for a risky rate-hiking cycle
Source: BNN Bloomberg
Nov 5, 2021
Canada’s job gains shift into low gear
Source: Financial Post
Nov 5, 2021
Almost 90,000 seniors facing guaranteed income supplement cut for accepting pandemic benefits
Source: CBC News
Oct 25, 2021
Forget payday loans, this is Canada’s new generation of high-interest loans
Source: Global News
Oct 21, 2021
Feds letting aid expire, replacing with programs for hardest hit
Source: BNN Bloomberg
Oct 8, 2021
Where the CRB ends: Economists watch labour market, GDP as pandemic beenefits wind down
Source: Financial Post
Oct 7, 2021
Who’s Filing Bankruptcy in Their 30’s and Why?
Source: Hoyes Michalos
End of CRB and EI to cause major risks for consumption rates, financial outlook: Economist
Source: BNN Bloomberg
Client insolvencies delayed during the pandemic are beginning to climb
Source: Wealth Professional
July 28, 2021
Report finds nearly half of Canadians concerned about going into pandemic-related debt
Source: Lethbridge News
July 19, 2021
Nearly half of Canadians doubtful they can cover living expenses this year without going into further deb
Source: Financial Post
June 17, 2021
The CRA gives a chilling assessment on accidental TFSA overcontributions
Source: Financial Post
June 15, 2021
If a debt is outstanding, but not enforceable in court… is it really a debt?
Source: WeirFoulds LLP
June 14, 2021
53% of Canadians on the brink of insolvency: MNP survey
Source: BNN Bloomberg
May 31, 2021
New Canadian mortgage ‘stress test’ rules take effect June 1
Source: CTV News
May 15, 2021
From takeout to gas prices, how to protect yourself from rising inflation
Source: Global News
May 13, 2021
Consumer insolvencies in March spike to highest level in a year
Source: Advisor’s Edge
May 7, 2021
Canada’s economy lost 207,000 jobs last month
Source: CBC
April 18, 2021
COVID-19: Insolvency trustees signal warning about post-pandemic financial stress
Source: Vancouver Sun
Jan 30, 2021
Canadians deserve better’: Experts decry ‘outrageous’ interest rates by alternative lenders
Source: CBC