Archive for April, 2008

February, 2008 Insolvencies up 10.5%

Wednesday, April 2nd, 2008

2007 Bankruptcy Statistics

NEWS FLASH! April 2, 2008:
Canadian Insolvencies Rose by 10.5 % for the Month of February, 2008 compared with the Same Month in 2007.

Consumer Bankruptcies were up 12.0% compared with the previous year.

Business Bankruptcies were down by 5.0% compared with the previous year.

Proposals rose by 10.2% compared with the previous year.

YTD insolvencies are up by 6.8%; (2008:18,751 - 2007:17,483)

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