Rising interest rates and inflation could push insolvencies even higher in the coming months, warns the Canadian Association of Insolvency and Restructuring Professionals
Consumer proposals and bankruptcies rose
Insolvencies declined, led by a drop in bankruptcy declarations and a dip in consumer proposals
Amid last minute "chaos," liquidation hearing pushed to March
An end to interest relief on pandemic benefits could lead to more insolvencies
Both bankruptcies and consumer proposals dropped from the previous year
PwC to make recommendation to court by mid-February
On a year-over-year basis, bankruptcy numbers still down
Alberta appeal court finds ASC sanction doesn't survive bankruptcy
Both business and consumer insolvency figures were lower