The Changing Landscapes of Credit and Insolvency in Canada – Insolvency/Bankruptcy

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In this issue of Davies insolvency now, amid rising inflation and rising interest rates, we look at the legislation that regulates interest rates in Canada, drawing on recent court decisions to help parties avoid common pitfalls in the structuring of agreements. We then look at Canadian data for the first quarter of 2022, which shows a 33.8% increase in the total number of business insolvencies compared to the same period in 2021. We conclude by discussing a potential model for future emergency measures related to insolvency in Canada.

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Davies insolvency now is a quarterly publication that analyzes major trends and developments in the insolvency and restructuring industry.

The content of this article is intended to provide a general guide on the subject. Specialist advice should be sought regarding your particular situation.

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