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Podcast: The Big Story
Episode: Why are Canadian insolvencies close to record highs?
Description: This episode first aired on October 10, 2024 over at In This Economy?!, our sister show at the Frequency Podcast Network. The show helps Canadians understand the systems behind their money problems so they can make informed decisions about their personal finances. If you like what you hear, please consider giving us a follow!Β New data shows that consumer insolvency rates in Canada are approaching highs not seen since the financial crisis of 2008-09. Why are so many Canadians going broke? Will falling interest rates help change that? How can you tell if you're dangerously close to the edge, a...