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Does Canada have a personal bankruptcy problem? | About That
Posted
May 15, 2026
Views
135,975
Likes
2,063
Engagement
1.52%
May 15, 2026
135,975
2,063
1.52%
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9:01Now PlayingIn the first three months of the year, Canadian consumer insolvencies shot up to levels seen during the 2009 recession. Andrew Chang puts this data into perspective and examines what may be driving the trend.
Intro - 00:00
How to declare bankruptcy - 00:59
Things are still bad - 05:22
CORRECTION (May 15, 2026): At the 0:24 mark of this video, the title for Doug Hoyes should read 'Hoyes Michalos and Associates.'
(Photo credits: The Canadian Press, Reuters, Adobe Stock and Getty Images)
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