Equifax: business insolvencies, delinquencies rise as businesses face loan repayments, high costs

By Karunjit Singh ( March 19, 2024, 3:03 PM EDT) -- Canadian businesses face increasing financial pressure with interest payments on outstanding Canada Emergency Business Account (CEBA) loans, high interest rates and a slowdown in consumer spending contributing to a surge in business insolvencies, according to a release by Equifax Canada....