Cash-flow challenges and debt levels increase risk of insolvencies
Fewer Canadians filed for insolvency in the first quarter of 2020 compared to the fourth quarter last year
Bond investors take shelter in short government notes as the Fed launches a program to buy junk
An Ontario court eased consumer proposal obligations
It's the latest step to accommodate taxpayers facing fallout from the Covid-19 outbreak
The debt service ratio reached a record high in Q4, StatsCan reports
Government signals that deficit reduction will be the top priority
Plus, almost one-fifth say they'll never be out of debt
Undead firms undermine growth but aren't a systemic risk
Weaker credit quality highlights vulnerability to economic decline