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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.

How can Ontario achieve net zero, with greater energy reliability and resilience? Roadmap to a clean energy future

Google ‘outplayed and outmanoeuvered Ottawa’ on Online News Act deal, ‘outsourced’ problem of how to divide funding, say observers

Tenants describe ‘dramatic erosion’ of existing affordable housing, call on feds to take action

‘Unparalleled opportunity’: Public Policy Forum report urges Canada to take greater leadership on Paris Agreement, global carbon market

‘Goodwill’ remains on both sides in pharmacare talks, despite political pressures facing Liberals and NDP, say observers

‘Penny wise, pound foolish’: interparliamentary group chairs decry decision to reject funding boost

‘Speed was of the essence’ in rollout of COVID-19 benefit programs following AG’s report of overpayments, say experts, as feds set sights on recouping billions

The appropriate federal fiscal policy? You be the judge

‘I’m concerned with the lack of rigour’: AG flags poor effort recovering billions in suspected COVID-19 overpayments, with sole focus on speed of delivery

Public accounts detail how feds’ deficit rose by more than 700 per cent during pandemic

Inflation pressures on economy, workforce ‘absolutely surprised’ everyone, including BoC, says top economist

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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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