'People are hitting the wall': Insolvencies surge as Canadians pushed to the brink
Consumer proposals and insolvencies are surging, as the skyrocketing cost of living pushes more and more Canadians to the absolute financial brink. For more on how some Canadians are "hitting the wall" when it comes to debt, BNN Bloomberg spoke with Scott Terrio, manager of consumer insolvencies at Hoyes, Michalos & Associates.