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insolvencies in Canada climb to highest in 8 years

Consumer insolvencies increased 16.1 per cent in March from prior month
Consumer bankruptcies fell 3.9 per cent on year, while consumer proposals were up 12.9 per cent
Year-over-year consumer insolvencies rose 9 per cent in Alberta, 7.3 per cent in Ontario, 5.6% in B.C., and 1.8 per cent in Quebec
For the 12-month period ending in March, Canadian consumer insolvencies rose 4.3 per cen

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