Does Canada have a personal bankruptcy problem

What this episode covers

Data released by the Office of the Superintendent of Bankruptcy (OSB) highlights a sharp acceleration in Canadians reaching their financial breaking point. While full, asset-liquidating bankruptcies are only part of the story, total consumer insolvencies which include both bankruptcies and debt-restructuring consumer proposals have spiked dramatically. Become a supporter of this podcast: https://www.spreaker.com/podcast/today-explained--6659607/support.Don’t miss our latest episodes! follow us to stay updates with fresh news everyday. Let’s keep the support our podcast to serve update news entire the world!

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Frequently Asked Questions

How long is this episode of Today Explained?

This episode is 9 minutes long.

When was this Today Explained episode published?

This episode was published on May 17, 2026.

What is this episode about?

Data released by the Office of the Superintendent of Bankruptcy (OSB) highlights a sharp acceleration in Canadians reaching their financial breaking point. While full, asset-liquidating bankruptcies are only part of the story, total consumer...

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