Canadian Insolvencies Accelerate, Hit Highest Level Since 2009

[CdnFox]

Canadian Insolvencies Accelerate, Hit Highest Level Since 2009 - Better Dwelling

 

Insolvency Appears to be set to climb continuously for quite some time. It will soon reach the levels of the great recession.

Carney is taking this country in the wrong direction. He's going to be hard to hide that for people for very much longer before even the more die hard liberals will have to start admitting things aren't going well under their new leader

 

[ExFlyer]

Oh? Since 2009 when Harper was the PM? LOL

[Goddess]

2 hours ago, ExFlyer said:

Oh? Since 2009 when Harper was the PM? LOL

No.  Since 2008-2009, the world financial crisis.

[ExFlyer]

1 hour ago, Goddess said:

No.  Since 2008-2009, the world financial crisis.

And Harper was PM. 

[Legato]

34 minutes ago, ExFlyer said:

And Harper was PM. 

and where was the Carney?

[paxamericana]

Best bailout deal on the table Canucks. 

Edited November 14, 2025 by paxamericana

[CdnFox]

6 hours ago, ExFlyer said:

Oh? Since 2009 when Harper was the PM? LOL

Sure, we had the world wide recession, worst in 80 years.  You don't remember? Well.... you were still in elementary school at the time i guess so fair enough 

But  as you can see one of the fastest recoveries in the world. We were lucky to have harper. It could have been much much worse. 

Justin on the other hand...  what a disaster.  2015  to 2019  was a hugely positive time around the world and he still managed to bring more people down, then as soon as the covid payments and borrowing ended it's shot up again to be just about the worst, and everyone else is doing just fine. 

This is what happens when you elect liberals. You'll understand when you're older.    

[ExFlyer]

1 hour ago, CdnFox said:

Sure, we had the world wide recession, worst in 80 years.  You don't remember? Well.... you were still in elementary school at the time i guess so fair enough 

But  as you can see one of the fastest recoveries in the world. We were lucky to have harper. It could have been much much worse. 

Justin on the other hand...  what a disaster.  2015  to 2019  was a hugely positive time around the world and he still managed to bring more people down, then as soon as the covid payments and borrowing ended it's shot up again to be just about the worst, and everyone else is doing just fine. 

This is what happens when you elect liberals. You'll understand when you're older.    

Then COVID happened.... 

LOSER LOL

[ExFlyer]

3 hours ago, Legato said:

and where was the Carney?

In England warning the Brits they will be sorry to pull a Brexit.... and he was right

[Legato]

15 minutes ago, ExFlyer said:

In England warning the Brits they will be sorry to pull a Brexit.... and he was right

Not even close, the Carney was in England from 2013.

All my Brit friends say the Carney was a disaster in the Brexit negotiations.

[Shady]

4 hours ago, ExFlyer said:

And Harper was PM. 

So what?  Canada had nothing to do with that.

42 minutes ago, ExFlyer said:

Then COVID happened.... 

LOSER LOL

Who cares?  You're excusing the huge deficit spending and slow economic growth from 2015 - 2019 and then again from 2022 - 2025.  Your policies suck sh!t.

[ExFlyer]

32 minutes ago, Legato said:

Not even close, the Carney was in England from 2013.

All my Brit friends say the Carney was a disaster in the Brexit negotiations.

Can't help if your brit friends are fools like you LOL

"Financial stability and innovation: He managed the Bank of England during a period of economic uncertainty and introduced policies like forward guidance to provide clarity to markets.

Crisis management: His supporters credit him with helping the UK economy navigate the post-recession period and the uncertainties surrounding Brexit.

Credibility: He was chosen for the role because of his credibility and ability to remain calm under pressure, coming from a successful tenure as Governor of the Bank of Canada.

Support from some quarters: Some commentators from the UK, such as those at The Guardian, found him competent and not a government mouthpiece. 

His public warnings about the economic consequences of Brexit led some, including former Prime Minister Liz Truss, to accuse him of being too political and to blame him for economic problems.....and he was right 

[Legato]

1 minute ago, ExFlyer said:

Can't help if your brit friends are fools like you LOL

"Financial stability and innovation: He managed the Bank of England during a period of economic uncertainty and introduced policies like forward guidance to provide clarity to markets.

Crisis management: His supporters credit him with helping the UK economy navigate the post-recession period and the uncertainties surrounding Brexit.

Credibility: He was chosen for the role because of his credibility and ability to remain calm under pressure, coming from a successful tenure as Governor of the Bank of Canada.

Support from some quarters: Some commentators from the UK, such as those at The Guardian, found him competent and not a government mouthpiece. 

His public warnings about the economic consequences of Brexit led some, including former Prime Minister Liz Truss, to accuse him of being too political and to blame him for economic problems.....and he was right 

[CdnFox]

1 hour ago, ExFlyer said:

Then COVID happened.... 

 

And the government paid for everybody and paid businesses to keep them afloat. And put us into insane deficits wh9ich were comfortably the highest in history and in the end doubled the entire debt from the previous 150 years.   

Harper didn't do that. He used other methods to stimulate the economy but obviously that couldn't be done under covid.

But we recovered from covid and yet the liberal economy is so bad that despite the fact that the world has moved on our bankruptcies are still going up through the roof to record highs

That's the liberal economy for you

1 hour ago, ExFlyer said:

In England warning the Brits they will be sorry to pull a Brexit.... and he was right

No he was the governor of the Bank of Canada   

17 minutes ago, ExFlyer said:

Can't help if your brit friends are fools like you LOL

"Financial stability and innovation: He managed the Bank of England during a period of economic uncertainty and introduced policies like forward guidance to provide clarity to markets.

Crisis management: His supporters credit him with helping the UK economy navigate the post-recession period and the uncertainties surrounding Brexit.

Credibility: He was chosen for the role because of his credibility and ability to remain calm under pressure, coming from a successful tenure as Governor of the Bank of Canada.

Support from some quarters: Some commentators from the UK, such as those at The Guardian, found him competent and not a government mouthpiece. 

His public warnings about the economic consequences of Brexit led some, including former Prime Minister Liz Truss, to accuse him of being too political and to blame him for economic problems.....and he was right 

 

15 minutes ago, Legato said:

Yeah, it's universally agreed by those who aren't actively trying to promote him that he did a bad job