Current crisis unusual as insolvencies dropped despite severe economic shock
The SRO suspended the firm in 2015
Bankruptcy levels rose in September but remain lower than 2019
Bankruptcies and consumer proposals were both still down in August
PACE Credit Union will propose a settlement for investors
Year-over-year insolvencies have dropped sharply
Companies have limited time in current operating conditions before taking drastic measures
Bankruptcies and consumer proposals drop in May, but are seen rising as supports end
Consumer and business insolvency filings drop sharply
An Ontario court eased consumer proposal obligations