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‘Don’t break out the champagne’: business insolvencies dramatically down, not a sign of financial resilience, economists warn

Depressed insolvency rates are ‘encouraging’ but likely offer more reasons for concern than optimism, say economists, with businesses insolvency down by more than a third during the two quarters affected by COVID-19.

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BY SAMANTHA WRIGHT ALLEN
January 28, 2021

News | BY SAMANTHA WRIGHT ALLEN | January 28, 2021

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‘Don’t break out the champagne’: business insolvencies dramatically down, not a sign of financial resilience, economists warn

Depressed insolvency rates are ‘encouraging’ but likely offer more reasons for concern than optimism, say economists, with businesses insolvency down by more than a third during the two quarters affected by COVID-19.

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Amid growing questions over his leadership, Trudeau looks ahead as PMO, PCO vet some MPs for cabinet and PS positions

Conservative filibuster costing millions of dollars, say NDP and Green MPs

‘Extreme apprehension’: Canada holds its breath as U.S. election enters final stage

‘Each of our voices matter’: disaster survivors call for greater climate action in Ottawa advocacy push

House paralysis due to privilege debate has put Senate focus on private members’ bills, say Senators

‘New normal’ provides challenge to public sector’s ‘strategic policy review,’ say experts, as feds look to save $6-billion by 2026-27

‘Speed was of the essence’ in rollout of COVID-19 benefit programs following AG’s report of overpayments, say experts, as feds set sights on recouping billions

The appropriate federal fiscal policy? You be the judge

More ‘efficient, effective’ future pandemic spending needed to keep deficit under control: Page

Inflation pressures on economy, workforce ‘absolutely surprised’ everyone, including BoC, says top economist

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‘Don’t break out the champagne’: business insolvencies dramatically down, not a sign of financial resilience, economists warn

Depressed insolvency rates are ‘encouraging’ but likely offer more reasons for concern than optimism, say economists, with businesses insolvency down by more than a third during the two quarters affected by COVID-19.

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