In Canada, bankruptcies, consumer proposals, and insolvencies are at a 5-year high.
๐ข ๐จ๐ฆ Consumer Insolvencies Just Hit A 2009-Level Surge
If this is a "strong" economy, what happens in a downturn?
Why is this a massive warning sign for ๐จ๐ฆ consumers & real estate.
๐งต pic.twitter.com/9T64MjMXLj
— Shazi (@ShaziGoalie) February 17, 2025