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Consumer and business insolvencies rising under weight of higher interest rates - BNN Bloomberg

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The Office of the Superintendent of Bankruptcy says both consumer and business insolvencies rose significantly in the second quarter amid heightened interest rates.

Toronto home sales and prices up from last July, down from June: TRREB​Expect interest rates to remain high until 2025: former BoC governorNew condo prices in Toronto drop for the first time in a decade: UrbanationRejected agreements show workers are fighting to catch up: expertsU.S.

stock traders refrain from big bets after rallyEconomy grew in May despite wildfire effects, looks to have slowed in June: StatCanSoftness is starting to creep into the Canadian economy: EconomistsExtreme weather can harm businesses.

 

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