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Posted AT 4:01 PM EST on 20/11/09

Bankruptcies to remain high? Roubini calls for ‘U' recovery

Globe and Mail Update

Top stories Report on Business is following today : Bankruptcies expected to rise Rising unemployment continues to drive more Canadians under. The Office of the Superintendent of Bankruptcy Canada said today that consumer and business insolvencies rose to 16,044 in September, up more than 43 per cent from a year earlier. Far and away, most of those are consumer filings.

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