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MNP Debt Blog

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Ottawa Insolvency Rate Reaches Highest Level In Five Years

The number of consumer insolvencies per thousand residents in Ottawa, aged 18 years or above, hit 3.8 in 2018 – the highest level since 2013, when it also sat at 3.8.

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The number of consumer insolvencies per thousand residents, aged 18 years or above, decreased slightly to 2.2 in 2018.

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New OSB Data Shows Red Deer Consumer Insolvency Rate On The Rise

The rate had been growing since 2012, though it took a dip in 2017 before climbing again in 2018.

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The number of consumer insolvencies per thousand residents in PEI, aged 18 years or above, climbed to 6.1 in 2018 after declining for the past three years.

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The number of consumer insolvencies per thousand residents in Winnipeg, aged 18 years or above, hit 3.1 in 2018 – rising to the highest level since 2010, when it also sat at 3.1.

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The insolvency rate in the area, which had been declining since 2010, took a slight uptick to 3.4 per cent in 2018.

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Insolvency Rate In The Avalon Peninsula Reaches All-Time High

The number of consumer insolvencies per thousand residents in the Avalon Peninsula, aged 18 years or above, hit 7.1 in 2018 – the highest level since tracking began in 1987.

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Consumer Insolvency Rate In Hamilton-Niagara Peninsula Region Remains Stable

The number of consumer insolvencies per thousand residents in the area, aged 18 years or above, remained at 3.3 in 2018.

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The number of consumer insolvencies per thousand residents in the area, aged 18 years or above, decreased to 7.4 in 2018.

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Edmontons Insolvency Rate Reaches Highest Level In 9 Years

The number of consumer insolvencies per thousand residents in Edmonton, aged 18 years or above, hit 4.4 in 2018 – rising to the highest level since 2009 when it sat at 4.5.

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