Canadian business insolvencies surged almost 42% from year earlier in third quarter

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 92%

Portugal Notícia Notícia

Portugal Últimas Notícias,Portugal Manchetes

Businesses are being hit by the withdrawal of COVID-19 support, higher interest rates and softening consumer spending, according to CAIRP

Canadian business insolvencies were up 41.8 per cent from a year earlier in the third quarter, surpassing pre-pandemic levels.

“Many companies emerged out of the pandemic already over-leveraged and now they have the added pressures of higher borrowing costs, less access to capital, and high inflation leading to increased costs. It is inevitable that some will be significantly challenged, especially those in consumer-facing sectors,” said CAIRP chair Andre Bolduc in a press release.

Meanwhile, many Canadians are seeking help with mounting personal debt amid a higher interest rate environment, CAIRP said.

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 5. in PT
 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Canadian business insolvencies surge almost 42 per cent from last yearOTTAWA — Canadian business insolvencies were up 41.8 per cent from a year earlier in the third quarter, surpassing pre-pandemic levels.
Fonte: SooToday - 🏆 8. / 85 Consulte Mais informação »

Canadian business insolvencies surge almost 42 per cent from last yearOTTAWA — Canadian business insolvencies were up 41.8 per cent from a year earlier in the third quarter, surpassing pre-pandemic levels.
Fonte: PGCitizen - 🏆 65. / 51 Consulte Mais informação »

Canadian business insolvencies rise almost 42 per cent from last yearOTTAWA — Canadian business insolvencies were up 41.8 per cent from a year earlier in the third quarter, surpassing pre-pandemic levels. The Office of the...
Fonte: YahooFinanceCA - 🏆 47. / 63 Consulte Mais informação »

Canadian business insolvencies rise almost 42 per cent from last yearCanadian business insolvencies were up 41.8 per cent from a year earlier in the third quarter, surpassing pre-pandemic levels.
Fonte: BNNBloomberg - 🏆 83. / 50 Consulte Mais informação »

Canadian business insolvencies rise almost 42 per cent from last yearOTTAWA — Canadian business insolvencies were up 41.8 per cent from a year earlier in the third quarter, surpassing pre-pandemic levels.
Fonte: SooToday - 🏆 8. / 85 Consulte Mais informação »

Canadian business insolvencies rise almost 42 per cent from last yearOTTAWA — Canadian business insolvencies were up 41.8 per cent from a year earlier in the third quarter, surpassing pre-pandemic levels.
Fonte: BurnabyNOW_News - 🏆 14. / 77 Consulte Mais informação »