Archive for August, 2006

June, 2006 Bankruptcy Statistics. - Bankruptcy Canada Blog.

Thursday, August 10th, 2006

Bankruptcies Drop in June, 2006.

2005 Bankruptcy StatisticsThe latest bankruptcy statistics for June, 2006 were released on the internet by Industry Canada on August 10, 2006.

Consumer bankruptcies fell 8.2% (6,799/7,403);

Business bankruptcies fell 2.2% (611/625);

Proposals fell 2.5 % (1,713/1,757);

Overall, Insolvencies fell 6.8% (9,123/9,785).

Year to date:

Consumer bankruptcies were down 6.2%

Business bankruptcy were down 10.8%

Proposals were up 0.9%

Total insolvencies were down 5.3%

For more information and more detailed analysis please refer to this site.