Category Archives: Main Page

Why consumer insolvency rates are leaping in Canada

Posted on December 10, 2019 by Danielle Park

The latest Canadian consumer insolvency report is available here from Hoyes, Michalos, and includes a list of their top 10 debt statistics for 2019 as follows: Ontario bankruptcies and consumer proposals increased by 15.9% in the first ten months of … Continue reading →

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Bank profit compression: credit losses normalizing higher

Posted on December 10, 2019 by Danielle Park

BNN talks to Robert Colangelo, SVP Canadian financials at Dominion Bond Rating Services Morningstar about rising consumer insolvencies and bad loans at Canadian banks. Here is a direct video link.

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Recession and debt bubble risks with David Rosenberg

Posted on December 9, 2019 by Danielle Park

The overview here is worthwhile, also, in light of the latest US jobs ‘beat’ last Friday, the explanation of how the BLS estimate inflates the count is relevant.  The data discussed here are mostly American.  Canada’s is actually quite a … Continue reading →

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