Tag: #CanadaEconomy
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Insolvency volumes hit highest rates since 2009, Equifax warns
Insolvency volumes hit highest rates since 2009, Equifax warns I’m watching a clear warning sign in Canada’s consumer credit market: Equifax says insolvency volumes hit their highest level since 2009, with homeowners under the most strain. The pressure is showing up in higher homeowner insolvencies, more consumer proposals, and rising delinquent balances, especially in high-cost… Read more
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Canada’s manufacturing just saw its biggest drop since 2022
Canada’s manufacturing faced significant declines in April due to U.S. tariffs, particularly in petroleum, motor vehicles, and primary metals. Read more