{"id":863772,"date":"2026-08-19T13:20:10","date_gmt":"2026-08-19T13:20:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/863772\/"},"modified":"2026-08-19T13:20:10","modified_gmt":"2026-08-19T13:20:10","slug":"roughly-17-canadians-filing-for-bankruptcy-every-hour-bdo","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/863772\/","title":{"rendered":"Roughly 17 Canadians Filing for Bankruptcy Every Hour: BDO"},"content":{"rendered":"<p>\t\t\t\t&#13;<\/p>\n<p>Bankruptcy rates in the country are now at the highest level since the 2008\/09 financial crisis.<\/p>\n<p>A recent Equifax Canada report shows more Canadians are struggling to make ends meet, and are facing mounting pressure to cover monthly bills and debt obligations.<\/p>\n<p>Nancy Snedden, host of Your Money on VOCM, and President of BDO Debt Solutions, says it\u2019s important that people reach out to find available solutions.<\/p>\n<p><a href=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2026\/08\/nancy-sneddon.jpg\"><img fetchpriority=\"high\" decoding=\"async\" aria-describedby=\"caption-attachment-249592\" class=\"size-full wp-image-249592\" src=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2026\/08\/nancy-sneddon.jpg\" alt=\"\" width=\"800\" height=\"400\"  \/><\/a><\/p>\n<p id=\"caption-attachment-249592\" class=\"wp-caption-text\">Nancy Snedden (VOCM News file photo)<\/p>\n<p>Snedden says in the second quarter, there were more than 37,000 Canadians who filed for bankruptcy. that\u2019s 6.9% higher than last year.<\/p>\n<p>\u201cThe number\u2026works out to roughly seventeen Canadians filing (for bankruptcy) every hour,\u201d says Snedden.<\/p>\n","protected":false},"excerpt":{"rendered":"&#13; Bankruptcy rates in the country are now at the highest level since the 2008\/09 financial crisis. A&hellip;\n","protected":false},"author":2,"featured_media":812672,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[45,49,48,269876,185074,269873,269875,269877,269874,269870,269871,269872],"class_list":["post-863772","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-business","tag-ca","tag-canada","tag-listen-to-vocm","tag-news-radio","tag-news-radio-st-johns","tag-st-johns-fm-radio","tag-st-johns-local-radio","tag-st-johns-radio-station","tag-vocm","tag-vocm-590","tag-vocm-radio"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/863772","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=863772"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/863772\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/812672"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=863772"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=863772"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=863772"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}