Bankruptcies Rise Slightly in October, 2006.
The latest bankruptcy statistics for October, 2006 were released on the internet by Industry Canada on December 1, 2006.
Consumer bankruptcies fell 1.4% (6,947/7,046);
Business bankruptcies rose 1.4% (588/580);
Proposals rose 10.8% (1,895/1,711);
Overall, Insolvencies rose 1.0% (9,430/9,336).
Year to date:
Consumer bankruptcies were down 6.0%
Business bankruptcy were down 10.6%
Proposals were up 5.3%
Total insolvencies were down 4.3%.
For more information and more detailed analysis please refer to this site.
