Office of the Superintendent of Bankruptcy

Insolvencies to stay higher in 2024 as economy normalizes from pandemic lows: experts

Business insolvencies will likely remain elevated throughout 2024, experts said, as the economy plays catch-up after historically low levels during the pandemic.

Business insolvencies leap higher in January from a year earlier, led by bankruptcies

Canada & World

Business insolvencies more than doubled in January compared with a year earlier as they also surpassed pre-pandemic levels for the month.

Business, consumer insolvencies rise in December as higher rates bite

Canada & World

Business insolvencies rose 57.2 per cent in December compared with a year earlier, according to the Office of the Superintendent of Bankruptcy.

Insolvency filings in Canada in January up 33.7% compared with a year earlier

Canada & World

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

Canadian business insolvencies up 37.2 per cent in 2022, consumer insolvencies up 11.2 per cent

Canada & World

The number of insolvencies filed by Canadian companies is up — and at least one business organization predicts that figure will keep growing.

Insolvencies up last year as business filings rise for first time since 2001

Canada & World

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

Canadian insolvencies increase 8.4% over past 12 months to September

Canada & World

The number of consumer insolvencies (bankruptcies and proposals) increased to 8.5% compared with the same period a year earlier, while business insolvencies grew by 4.1%