Canadian consumers have generally been feeling the pinch and filing for more insolvencies. The OSB received 135,368 filings in the 12-month period ending in September, an increase of 15.4% compared to the same period last year. Not quite at the most recent peak observed in February 2020, but according to most economists, things are supposedly fine. What does a downturn look like if things are fine and these numbers are marching higher?
https://betterdwelling.com/canadian-consumer-insolvencies-continue-climbing-towards-new-highs/
https://betterdwelling.com/canadian-consumer-insolvencies-continue-climbing-towards-new-highs/
Canadian consumers have generally been feeling the pinch and filing for more insolvencies. The OSB received 135,368 filings in the 12-month period ending in September, an increase of 15.4% compared to the same period last year. Not quite at the most recent peak observed in February 2020, but according to most economists, things are supposedly fine. What does a downturn look like if things are fine and these numbers are marching higher?
https://betterdwelling.com/canadian-consumer-insolvencies-continue-climbing-towards-new-highs/