The Greater Toronto Area Commercial Crime Section, Toronto North Site, recently charged two individuals with the following offences under the Bankruptcy and Insolvency Act (BIA):

NEWS FLASH! May 1, 2007: The bankruptcy statistics for March 2007 were released on the Internet today. The insolvency rate (consumer bankruptcies, business bankruptcies and proposals) declined by 4.6% in March, 2007 compared with the same month the prior year.