Vancouver Bankruptcies Are SOARING As Interest Rates Are Hiked!

Josh Sigurdson talks with author and economic analyst John Sneisen about the soaring bankruptcies in Vancouver which are up 17.94% since last year. According to Business Insider, “The OSB received 184 bankruptcy filings in June 2017, a 17.94% increase from the same month last last year. Total assets in these filings add up to $5.09 million, vs $17.32 million in outstanding liabilities.” Total insolvencies are up 2.43% as well.

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