Does Canada have a personal bankruptcy problem? | About That

In the first three months of the year, Canadian consumer insolvencies shot up to levels seen during the 2009 recession. Andrew Chang puts this data into perspective and examines what may be driving the trend. CORRECTION (May 15, 2026): An earlier version of this video included an incorrect title for Doug Hoyes. It has been replaced. (Photo credits: The Canadian Press, Reuters, Adobe Stock and Getty Images)