Canadian insolvency filings reached 37,121 in Q1 2026, representing an 8.5% year-over-year increase and marking the highest quarterly volume since the 2009 global financial crisis, indicating severe economic stress across the country.
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🤯🇨🇦 Insolvency Crisis In Canada #economy #canadianeconomy #insolvency #realestateagents #realtorHinzugefügt:
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.
That's up 8.5% year over year.
And to give that even more context, that's the highest quarterly volume of insolvencies since 2009.
And to put that into even more context, 2009 was the global financial crisis.
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