🤯🇨🇦 Insolvency Crisis In Canada #economy #canadianeconomy #insolvency #realestateagents #realtor

Added: 2026-06-01

[00:00:00]We are now filing insolvencies at rates we haven't seen since the worst recession in our lifetimes. Now, let's look at the rising Canadian insolvencies. Now, this is a topic that not many people are talking about, but it should be the front page of every single newspaper. So, the Canadian insolvency filings in Q1 of 2026 was 37,121.

[00:00:28]That's up 8.5% year over year.

[00:00:32]And to give that even more context, that's the highest quarterly volume of insolvencies since 2009.

[00:00:40]And to put that into even more context, 2009 was the global financial crisis.