Covid-19 Debt

• Canadian insolvencies hit lowest level in 20 years thanks to feds’ COVID-19 aid

  The Office of the Superintendent of Bankruptcy says there were 99,244 consumer bankruptcies and proposals along with business bankruptcies in 2020, down 30% from the prior year.

  Money

  Feb 5, 2021
  
• New survey points to debt trouble in Alberta as COVID-19 pandemic drags on

  Albertans are bracing for more debt and insolvency as the COVID-19 pandemic continues.

  Money

  Oct 13, 2020
  
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• World Bank chief urges G20 nations to reduce debt of poorest countries amid coronavirus

  World Bank President David Malpass told a virtual meeting of G20 finance officials that some major official creditors were not participating fully in the Debt Service Suspension Initiative (DSSI), and private creditors should stop collecting payments from the poorest countries.

  Canada

  Jul 18, 2020
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• B.C. small businesses saddled with $17B in coronavirus-related debt: survey

  "All of Main Street here looked basically like a ghost town, the only thing missing was tumbleweed coming down the centre."

  Economy

  Jul 15, 2020
• Coronavirus: Over 300 lawmakers urge IMF, World Bank to cancel poor countries’ debt

  Canceling the debt of the poorest countries was "the very least that the World Bank, IMF and other international financial institutions should do," U.S. Sen. Bernie Sanders said on behalf of the lawmakers.

  World

  May 13, 2020