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bankruptcies

Business bankruptcies shot up by more than 41% last year, as pandemic debts mount

by Anas Siddiqui
Business bankruptcies shot up by more than 41% last year, as pandemic debts mount

Business insolvencies jumped by more than 41 per cent in 2023, according to data released Friday by Canada’s top financial regulator. The report from the Office of the Superintendent of Bankruptcy …

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Businesses need to pay CEBA loans or lose free money — because the deadline isn’t changing

by Anas Siddiqui
Businesses need to pay CEBA loans or lose free money — because the deadline isn’t changing

Some businesses in Canada who took out a CEBA loan may be hoping in vain for a last-minute reprieve and one more chance at free money from the federal government, …

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