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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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Senate ethics office ‘not keeping up with demand,’ calls for more resources in annual report

Employment and Social Development Canada forecasts thousands of job losses ahead of Carney’s spending review

As Ontario Liberal Leader Crombie faces review, Liberal MP Erskine-Smith opens door for ‘renewal’ in provincial leadership: email

As Ontario Liberal Leader Crombie faces review, Liberal MP Erskine-Smith opens door for ‘renewal’ in provincial leadership: email

NDP shapes leadership race as cracks form between HQ and grassroots members

Feds should appoint ‘eminent person’ to head Leaders’ Debates Commission, says Green Leader May

New U.K. trade strategy IDs Canada as ‘key partner’ to boost economy, procurement opportunities

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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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