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Business bankruptcies shot up by more than 41% last year, as pandemic debts mount

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Business bankruptcies shot up by more than 41% last year, as pandemic debts mount


Business insolvencies jumped by more than 41 per cent in 2023, according to data released Friday by Canada's top financial regulator. The report from the Office of the Superintendent of Bankruptcy showed that the total number of insolvencies — meaning those filed by both businesses and consumers —…

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