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Why are Canadian insolvencies close to record highs?

The Big Story

CHAPTER

The Financial Precipice: Understanding the Risk of Insolvency

This chapter examines the financial insecurity faced by many individuals living paycheck to paycheck, revealing how minor disruptions can lead to significant strain. It contrasts the experiences of those benefiting from rising asset values with those burdened by increasing debt, illustrating the growing crisis of financial instability.

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