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    1. ZestyBeanDude on

      >Some 37,121 Canadians filed for insolvency in the first quarter of 2026 — the highest number of consumer insolvencies since 2009, when North America was reeling from the financial crisis.

      >However, the population now is higher than it was in 2009. Insolvency trustee Doug Hoyes says when that population growth is factored in, the rates of insolvency are much lower than 2009 levels.

    2. Sufficient-Tutor-922 on

      Idk bro ive been hearing this for awhile , essepiecally in bc , every year for at least 5 years theres articles saying some ridiculous amount of people are 25 bucks away from defaulting.

      Not saying it isnt bad , but I dont really beleive these doom sales every time they come out .

    3. Ok_Possession_6508 on

      Taxes are too high and cost of living is too high. Taxes NEED to be cut

    4. Your Honor, I. DECLARE. BANKRUPTCY! I am hereby raising my elbows as far high as I possibly can and bending over and grabbing my ankles and admitting defeat. What’s the next step please?

    5. The headline is bait, bordering on dishonest. The rate of bankruptcies is still lower than 2009, but the „raw number“ is higher because of population growth.

      Still bad that the number is going up obviously, but this is pretty low engagement bait from the CBC. I expect better.

    6. throwitawayorsome on

      apparently not. they voted the fucking idiots in again and they have incredibly high approval ratings despite their terrible budget and lack of change so far.

    7. friendly-techie on

      B…but affordability is the best it has been in a decade said Carney. Wages are growing twice the rate of inflation said Carney. He never lies, right?

    8. nananananay on

      For people blaming Carney and the libs, serious question here that I’m sure a lot of people are wondering:

      Honestly, what would the conservatives do differently?

    9. Yes we are. Ffs I can barely afford rent yet alone to fix my car. Its only getting worse.

    10. modsaretoddlers on

      Well, d’uh. But if we were actually at our breaking point, which is coming up fast, by the way, you wouldn’t need a news article of any kind to tell you about it.

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