An increase in corporate bankruptcies could signal a wave of non-performing loans: the expert

The number of bankruptcies filed by Canadian companies is growing. According to the Canadian Association of Insolvency and Restructuring Experts (CAIRP), there were 807 bankruptcies and corporate proposals in the first quarter of 2022. This is compared to 603 insolvencies filed at the same time last year. It represents a year-on-year increase of 34 percent, …

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