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.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s