Contributor
BComm, MIB, CIRP, LIT · CEO, Harris & Partners Inc.
Joshua Harris is a Licensed Insolvency Trustee and the CEO of Harris & Partners Inc. He writes about household debt trends, the insolvency numbers behind the headlines, and how interest-rate moves land on Canadian kitchen tables.
Joshua works atHarris & Partners Inc., a Licensed Insolvency Trustee firm.Read our disclosure.
Insolvency Data
Canada recorded 146,135 consumer insolvencies in the 12 months to August — about 400 a day. Bankruptcies are up 9.5%, and that shift matters.
Insolvency Data
The federal insolvency regulator's profile of 2024 filers shows a median monthly shortfall of $175 and income loss as the top cause. Here is what the numbers say.