New data shows that consumer insolvency rates in Canada are approaching highs not seen since the financial crisis of 2008-09. Why are so many Canadians going broke? Will falling interest rates help change that? How can you tell if you're dangerously close to the edge, and what should you do about it if you are? We speak to licensed insolvency trustee, Doug Hoyes, to help understand the rising numbers and current options.
New data shows that consumer insolvency rates in Canada are approaching highs not seen since the financial crisis of 2008-09. Why are so many Canadians going broke? Will falling interest rates help change that? How can you tell if you're dangerously close to the edge, and what should you do about it if you are? We speak to licensed insolvency trustee, Doug Hoyes, to help understand the rising numbers and current options.