Equifax® Canada: Insolvencies Rise Amid Mounting Financial Stress on Canadian Businesses
Equifax(EFX) Newsfilter·2024-03-19 09:30- Businesses Feel the Squeeze with Loan Repayments, Insolvencies and Delinquencies - Equifax Canada Market Pulse — Q4 2023 Quarterly Business Credit Trends Report TORONTO, March 19, 2024 (GLOBE NEWSWIRE) -- Many Canadian businesses are facing an uphill battle, as evidenced by a 41.4 per cent surge in business insolvencies in 2023 when compared to 2022. The latest data from Equifax® Canada's Market Pulse Quarterly Business Credit Trends Report also points to a 14.3 per cent uptick in the number of businesses ...