Canadian insolvencies jump 9.4% to highest level in nearly a year
Proposals accounted for roughly three-quarters of filings, while insolvency volumes in several provinces remained above 2019 levels.
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Proposals accounted for roughly three-quarters of filings, while insolvency volumes in several provinces remained above 2019 levels.
Debt-laden households filed 37,523 insolvencies in Q2 2026 as persistent cost pressures outpace income recovery for many Canadians
Canadian credit problems continue to emerge, conflicting with the narrative of improvement. Office of the Superintendent of Bankruptcy Canada (OSB) data shows insolvency filings cl...
And two other provinces aren't far behind
Canadian insolvency filings have been surging, but it doesn’t really matter. That was the take from BMO Capital Markets, which dismissed the issue due to population growth. In a no...
By Naveen Athrappully A total of 52,007 bankruptcy filings were made by individuals and businesses in August, up 8 percent from a year ago amid cost pressures and geopolitical unce...
Covering reported business bankruptcy filings in Massachusetts, Maine, New Hampshire, and Rhode Island, and Chapter 11 bankruptcy filings in New York and Delaware listing assets of...
The number of Americans who file for bankruptcy is growing. More than 500,000 people took this step in 2025, nearly 50% more than in 2022. And the … Source
Covering reported business bankruptcy filings in Massachusetts, Maine, New Hampshire, and Rhode Island, and Chapter 11 bankruptcy filings in New York and Delaware listing assets of...
As bankruptcy rates rise, a primer on the process and some strategies that might hold the creditor wolves at bay.
Canada’s banks just saw the first improvement in missed mortgage payments in nearly a year and a half. Canadian Bankers Association (CBA) data shows the mortgage arrears rate fell...
Mortgage arrears continued to climb in the third quarter, particularly in Toronto and Vancouver, though CIBC says strong borrower equity is keeping actual losses contained.
A rocky CCAA restructuring wasn't enough to unmask the insolvency monitor's records
Shares of National Bank of Canada slumped the most in more than a year after the company reported higher credit provisions at its international subsidiaries.
A total of 243 bankruptcy proceedings were instigated in July 2026, which is 8 bankruptcies fewer than in the corresponding period one year before, according to Statistics Finland....
A total of 332 bankruptcy proceedings were instigated in Finland June 2026, which is 27 bankruptcies more than in the corresponding period one year before, according to Statistics...
Impaired loans have climbed to $37.5 billion as consumer and commercial credit pressures grow, although mortgage delinquencies remain relatively low.
The bill for Canada’s housing bubble is finally landing, and many can’t afford to pay it. TransUnion credit data shows consumer credit is expanding aggressively in Q2 2026. The gro...
If the phones stopped ringing and the vendors started calling, you have probably already Googled the one question every operator asks at 2 a.m.: can we just file Chapter 11 and res...
Laurentian Bank locks in November 1 close after CIRO clears final hurdle
New data from Equifax Canada reveals drag of mortgage holders in Ontario facing deepening credit stress
While rising delinquency levels have started to slow, pockets of stress are still evident in some areas
By Naveen Athrappully There were 666 commercial Chapter 11 bankruptcy filings made in the United States in July, a 27 percent drop from a year ago, according to the American Bankru...
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