Yes, we certainly expect to see bankruptcies caused by the pandemic.
In 2020, it's inconceivable that, in Canada, the interests of banks and insurance companies take precedence over the interests of retirees.
We need only look to the income tax returns retirees file every year, as compared with the huge profits Canadian banks report every single year.
I think it's high time that the government put people before Canadian banks and insurance companies. After all, we are talking about retirees who were the backbone of the country, men and women who worked hard for many years. Changing that piece of federal legislation is paramount, especially during the pandemic.