12,668 Insolvencies in ONE Month… Canada’s Housing Market Just Changed

Canada just recorded 12,668 insolvencies in one month — the highest September since 2009. While politicians insist the economy is “strong,” the numbers tell a different story. Household debt is exploding, mortgage renewals are crushing families, and most new jobs are part-time. From housing pressure to shrinking savings, 2025 is shaping into a harsh new reality for Canadians trying to stay afloat.

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