Episode Details
Back to EpisodesInside Canada’s Bankruptcy Crisis: Why More Creditors and Higher Balances?
Published 6 months, 1 week ago
Description
Doug Hoyes breaks down what the latest bankruptcy study shows: higher balances, more creditors, and growing strain that is increasingly structural rather than tied to one crisis event. They unpack the impact of inflation, housing costs, and why people should reach out for help early, before high-interest borrowing makes the math impossible.