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Bankruptcies down sharply, consumer proposals decline too

Bankruptcy numbers increased and consumer proposals went higher too

A gavel rests on its sounding block with a several law books and a justice scale out of fucus in the background. A cool blue cast dominates the scene. (A gavel rests on its sounding block with a several law books and a justice scale out of fucus in t

An Ontario court will rule shortly on motions regarding investor representation

Upset stressed young Asian business man in suit with hands on head sitting on stairs. Unemployment and layoff concept.

One-fifth of businesses are worried they may face layoffs in the next 12 months

Man and woman sitting in cafeteria discussing finance for the month. Stressed couple looking at bills sitting in restaurant wearing uniform apron. Cafe staff sitting together looking at expenses and bills. (Man and woman sitting in cafeteria discussi

Canadian companies appear mostly unscathed, but debt worries persist

Bankruptcies, particularly among smaller firms, are set to rise, the rating agency says

A court has found that penalties imposed by the BCSC should survive the bankruptcy process

A silhouetted businessman stands on top of a mountain peak and looks into the distance with a spyglass in front of a dramatic sunset in the distance

The gap between expected and actual insolvencies may shrink

stressed businessman

Survey finds concern about profits in the short-term

man working on laptop

Current crisis unusual as insolvencies dropped despite severe economic shock