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The latest MNP Consumer Debt Index, conducted quarterly by Ipsos, dropped a staggering 10 points to 79 points, marking the second-lowest level on record.

Commercial Chapter 11 Filings Increase 20 Percent in Calendar Year 2024

Individual chapter 7 filings in November 2024 were 22,886, a 14 percent increase over the 20,149 filings recorded in November 2023.

Total bankruptcy filings were 47,104 in October 2024, a 16 percent increase from the October 2023 total of 40,674, according to Epiq AACER.

CALGARY, Alberta, Oct. 16, 2024 (GLOBE NEWSWIRE) -- Under the burden of high living costs, Canadians are making difficult sacrifices and finding ways to share expenses to make ends meet and save...

"As we close out the third quarter in 2024, we continue to see a steady increase in both individual and commercial filings this year to date," Hunter said.

– L’incertitude économique et les récentes catastrophes naturelles pourraient avoir d’autres répercussions sur le rendement du crédit chez les entreprises – Pouls du marché d’Equifax Canada – Rapport...

- Economic Uncertainty and Recent Natural Disasters Could Further Impact Credit Performance for Businesses - Equifax Canada Market Pulse — Q2 2024 Quarterly Business Credit Trends Report TORONTO,...

Overall commercial bankruptcy filings increased 8 percent in August 2024 to 2,562 from 2,358 in August 2023, according to data provided by Epiq AACER.

NEW YORK, Sept. 03, 2024 (GLOBE NEWSWIRE) -- Solomon Partners, a leading financial advisory firm and independent affiliate of Natixis, announced that Vinod Chandiramani has joined as a Partner and...