TSX:GSYConsumer Finance
Why goeasy (TSX:GSY) Is Down 63.1% After LendCare Charge-Off, Payout Halt And Forecast Withdrawal
In March 2026, goeasy Ltd. disclosed a very large incremental charge-off of about C$178 million and a related C$55 million write-down at its LendCare unit, withdrew its fourth-quarter 2025 outlook and three-year forecast, suspended dividends and share repurchases, and confirmed Felix Wu as its permanent Chief Financial Officer.
These developments, along with planned corrections to past LendCare delinquency reporting and multiple law-firm investigations, have intensified scrutiny of goeasy’s...