NEWS FLASH! November 20, 2009:
Canadian Insolvencies Increase by 43.3% for the Month of September, 2009 compared with the Same Month in 2008.

Consumer Bankruptcies were up 47.4% compared with the same month the previous year.

Business Bankruptcies were down by 0.4% compared with the same month the previous year.

Proposals were up by 37.7% compared with the same month the previous year.

For the 12 months ended September 30, 2009 Insolvencies are up by 33.6% compared with the previous year; (2009:155,370 - 2008:116,282).

Provinces with Double Digit Changes in
the Insolvency Rate in September, 2009
compared with September, 2008.
NL 12.6
PE (10.2)
NS 27.4
NB 35.1
QC 29.2
ON 44.7
MB 17.4
SK 49.4
AB 109.4
BC 63.0

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