Companies have limited time in current operating conditions before taking drastic measures
Bankruptcies and consumer proposals drop in May, but are seen rising as supports end
Consumer and business insolvency filings drop sharply
An Ontario court eased consumer proposal obligations
Tax authority won't force households into bankruptcy
Pair owes $19 million to the BCSC over a market manipulation case
Insolvencies also rose year over year
Consumer insolvencies surge in January
Seniors have the highest share of mortgages in arrears, Scotiabank notes in a report
Insolvency activity still up from a year ago
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