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2025 Insolvency Spike in U.S. a Warning Sign for Canada
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2025 Insolvency Spike in U.S. a Warning Sign for Canada
Allianz Trade’s latest economic outlook forecasts a 7% rise in global insolvencies in 2025, with the United States expected to see a more pronounced 16% increase. Given the close economic relationship between Canada and the U.S., this poses a significant risk for Canadian exporters and suppliers. Compounding the challenge is a broader global economic slowdown. Allianz Trade projects global GDP growth to slow to just 2.3% in 2025—the weakest pace…
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