The number of business bankruptcies in 2024
A company is insolvent when it can no longer pay its debts and meet its expenses, which can result in bankruptcy. The reasons for this are numerous. In particular, we will cite the lack of cash flow. There is also excessive debt. Let’s take stock of the situation in...
The impact of mortgage rates
Buying a house isn’t easy. Not everyone can afford this costly investment. To achieve this, most households turn to a mortgage. This naturally generates interest to be repaid. A rise or fall in these rates has a more or less significant impact at many levels....
Canadians’ debt ratio
Household debt includes both consumer debt and housing loans. In this article, we’ll focus on the debt ratio of Canadians in 2023. How has it evolved? What are the consequences? An increase in the first half of 2023 In Canada, debt trends were marked by an...