β€œNew data from the Office of the Superintendent of #Bankruptcy ( #OSB) shows there were 140,457 #consumer #insolvency filings in 2025 β€” the second-highest annual total since record-keeping began in 1987, and the highest in 16 years.” www.thestar.com/business/ins... #Canada #cdnecon

Insolvencies hit 16-year high ...
Insolvencies hit 16-year high while food bank use and cost of living continue to rise

New data shows there were 140,457 consumer insolvency filings in 2025, the highest level in 16 years. 

Toronto Star