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Canadian Business Bankruptcies Spike, Fueled by Ontario and Quebec

Office- and Retail-Using Businesses Most Affected
Business bankruptices are on the rise across Canada, including in Toronto. (Marcus Oleniuk/CoStar)
Business bankruptices are on the rise across Canada, including in Toronto. (Marcus Oleniuk/CoStar)
CoStar Analytics
February 22, 2024 | 9:09 P.M.

The number of Canadian businesses declaring bankruptcy is skyrocketing, reaching the highest point since at least 2011.

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