Insolvency in the News

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

Oct 1, 2021

End of CRB and EI to cause major risks for consumption rates, financial outlook: Economist

Source: BNN Bloomberg

Aug 12, 2021

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

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

Jan 30, 2021

Canadians deserve better’: Experts decry ‘outrageous’ interest rates by alternative lenders

Source: CBC