Businesses filed 160 insolvencies in July — a 28.3% decline compared to June
Finance, insurance, real estate and leasing businesses were least likely to have taken on debt
Overall consumer debt now stands at $2.15 trillion
The drop in the deficit came as spending dropped compared with a year ago
Credit card performance continues to outpace pre-pandemic levels
Outlook for credit demand looks positive despite virus threat, TransUnion says
Research examines where physical risk and financial risk meet in Canada
Mortgage debt, however, rose by a record $99.6 billion
Expected credit losses look low, but tail risks are lurking
Higher borrowing, overheated housing markets are vulnerabilities