New data reveals an alarming trend in Canada: a growing number of citizens are filing for insolvency, indicating that many are reaching their financial breaking point. This increase in insolvency cases highlights the mounting economic pressure facing Canadians, exacerbated by high inflation and rising interest rates. Economic experts suggest that these financial stressors are pushing more individuals and families into dire economic straits, triggering a surge in personal bankruptcies and consumer proposals. As these figures climb, concerns about the overall financial health of the country are intensifying, prompting discussions on potential policy interventions. The rise in insolvency filings underscores the urgent need for solutions to address the economic challenges impacting Canadian households.
Radio-CanadaNew data shows cash making a surprising comeback in Australia
May 17, 2026
In an unexpected turn of events, new data reveals that cash is experiencing a resurgence in Australia, defying the global trend towards digital payments. This