Insolvencies rose 12.1 per cent in 2024, led by business filings

OTTAWA — Insolvencies rose 12.1 per cent last year compared with 2023, with business insolvencies leading the way, up 28.6 per cent.
Construction, transportation and warehousing, and accommodation and food services were the sectors that saw the biggest increases in insolvencies

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Business, Labour, Retail

March 28, 2025

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Insolvencies rose 12.1 per cent in 2024, led by business filings

Insolvencies rose 12.1 per cent in 2024, led by business filings

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