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Tag Archives: Bankruptcy

OSB: National insolvency levels plunge to 23-year low

Amid sustained federal fiscal support during the COVID-19 pandemic, Canada’s insolvency incidence fell to the lowest level since 1997. In August, this reading fell by 2.4% monthly and 42% annually to end up at 6,464 insolvency filings, according to latest figures from the Office of the Superintendent of Bankruptcy Canada. Average filings were at 6,442 per month from [&hellip…

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