Business insolvencies leap higher in January from a year earlier, led by bankruptcies
Business insolvencies more than doubled in January compared with a year earlier as they also surpassed pre-pandemic levels for the month.
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Canadian Association of Insolvency and Restructuring Professionals
Business, consumer insolvencies rise in December as higher rates bite
Business insolvencies rose 57.2 per cent in December compared with a year earlier, according to the Office of the Superintendent of Bankruptcy.
Canadian business insolvencies rise almost 42 per cent from last year
Canadian business insolvencies were up 41.8 per cent from a year earlier in the third quarter, surpassing pre-pandemic levels.
Insolvency filings in Canada in January up 33.7% compared with a year earlier
The federal regulators said there were 9,066 total insolvencies filed in the first month of the year, up 33.7 per cent from 6,779 in January
Insolvencies up last year as business filings rise for first time since 2001
The number of business insolvency filings in the fourth quarter were down 4.1 per cent compared with the fourth quarter of 2018, but up 9.7
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