Business, consumer bankruptcies reached 15-year high in 2024, says insolvency association

By John Schofield ( February 4, 2025, 4:48 PM EST) -- Last year was Canada’s worst year for business and consumer insolvencies since the recession of 2009 — and 2025 could be even worse if a trade war with the U.S. ensues, according to the chair of the Toronto-based Canadian Association of Insolvency and Restructuring Professionals (CAIRP)....