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Keyword: Bankruptcy

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Consumer confused

Financial pressure likely to intensify as mortgages reprice in years ahead

Forlorn businessman

There were 31,224 consumer insolvencies in the April to June period, up 23.5% compared with the same period last year


Tribunal rules Sharpes failed to make the case for a stay, hearing starts June 26

Courts receive papers

Chief justice finds motion is premature, directs receiver to address distribution issues

banking expenses, credit cards on bank invoice

Credit card performance deteriorating, insolvencies rising, as higher rates and inflation bite

Growing Graph

The increase came as Canadians faced higher interest rates

Courts receive papers

Investors argue it would be unfair for them to subsidize other victims

Bag of money

Institutional investors seek distribution from failed fund manager

Newspaper headline "Bankruptcy"

SVB Financial Group evaluates “strategic alternatives” for SVB Capital and SVB Securities

pencil erasing credit card debt

Rate hikes make it harder to pay off debt