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Canadian Insolvencies Hit a 16-Year High — What the New Data Means for You

  More than 37,000 Canadians filed for insolvency in just three months — the highest quarterly total since the 2009 financial crisis. New data paints a sobering picture of where household finances stand heading into summer 2026. Fresh data from the Office of the Superintendent of Bankruptcy (OSB) and a new Equifax Canada report released this week confirm what many Canadians have been feeling: the financial pressure is real, it is growing, and it is reaching households that once seemed insulated from serious debt trouble. 📊 Q1 2026 — Key Numbers at a Glance 37,121 Consumer insolvencies filed in Q1 2026 +8.5% Year-over-year increase 17/hr Canadians filing every single hour $2.66T Total Canadian consumer debt The Highest Volume Since the 2009 Financial Crisis The Canadian Association of Insolvency and Restructuring Professionals (CAIRP) confirmed that Q1 2026's tally of 37,121 consumer insolvency filings is the largest quarterly figure since 2009 — the year North America was still re...
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Attempted Coup in Bolivia (June 2024)

 

On June 26, 2024, an attempted coup took place in Bolivia. President Luis Arce reported an “irregular deployment of troops” in the capital city, La Paz, expressing concerns about a presidential coup. 

Troops stormed the presidential palace, Casa Grande del Pueblo. Arce confronted the general commander of the army, Juan José Zúñiga, who appeared to be leading the rebellion. While Zúñiga did not explicitly say he was leading a coup, he mentioned that the army aimed to “restore democracy and free political prisoners.” Arce called for democracy to be respected and announced new heads of the army, navy, and air force. He vowed that democracy would prevail and urged mobilized troops to return to their units. Former President Evo Morales also denounced the military movement as a "coup in the making". Let’s hope for a peaceful resolution to this situation. 

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