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Fewer Canadians filing for bankruptcy...

The Office of the Superintendent of Bankruptcy says consumer insolvencies fell 12.8 per cent in July from the previous month and were down 20.8 per cent from a year ago. That is welcome news, say economists, and continues a recent trend that became established over the spring when Statistics Canada began tracking large increases in job creation.

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The Office of the Superintendent of Bankruptcy says consumer insolvencies fell 12.8 per cent in July from the previous month and were down 20.8 per cent from a year ago. That is welcome news, say economists, and continues a recent trend that became established over the spring when Statistics Canada began tracking large increases in job creation.