Equifax® Canada: Insolvencies Rise Amid Mounting Financial Stress on Canadian Businesses
This section is Partnership Content suppliedThe content in this section is supplied by GlobeNewswire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by GlobeNewswire Breadcrumb Trail LinksGlobeNewswireAuthor of the article:Published Mar 19, 2024 • 3 minute read Article content– Businesses Feel the Squeeze with Loan Repayments, Insolvencies and Delinquencies –Equifax Canada Market Pulse — Q4 2023 Quarterly Business Credit Trends ReportArticle contentTORONTO, March 19, 2024 (GLOBE NEWSWIRE) — Many Canadian businesses are facing an uphill battle, as evidenced by a 41.4 per cent surge in business insolvencies in 2023 when compared to 2022. The latest data from Equifax® Canada’s Market Pulse Quarterly Business Credit Tr...