Tag: canada debt crisis

• Canada Hits Worst Insolvency Levels Since The Financial Crisis – Here’s What It Could Mean For Canadians

  

  Canada is seeing its highest insolvency levels since the 2009 financial crisis, according to new data from the Canadian Association of Insolvency and Restructuring Professionals (CAIRP) and the Office of the Superintendent of Bankruptcy (OSB). More than 37,000 Canadians reportedly filed for insolvency during the first three months of 2026 alone – averaging roughly 17…

  Kaleylangille

  May 22, 2026

  alberta, british columbia, East Coast, ontario, Uncategorized

  canada, canada bankruptcies, canada debt crisis, Canada housing affordability, canada insolvency, canada recession fears, canadian economy 2026, Canadian housing market, consumer proposal canada, cost of living Canada, debt canada, economy, finance, financial stress Canada, insolvency filings canada, mortgage renewals canada, ontario housing market, politics, real estate

• Canada’s Federal Debt Could Reach $2.9 Trillion by 2030

  

  Canada’s federal debt is projected to reach nearly $2.9 trillion by 2030, according to a new analysis highlighted by the Fraser Institute following the federal government’s latest fiscal update. The projection comes as the federal government forecasts another large deficit this year, with additional deficits expected over the coming years. Canada Is Projecting Another Major…

  Kaleylangille

  May 18, 2026

  alberta, british columbia, East Coast, ontario, Uncategorized

  Canada affordability crisis, canada debt, canada debt 2030, canada debt crisis, canada economic growth, canada economy, canada federal debt, canada finance news, canada fiscal update, canada government spending, canada housing market, Canada inflation, canada mortgage rates, canada taxes, canadian deficit, canadian economy 2026, economics, economy, federal deficit canada, finance, fraser institute, mark carney canada, news, politics