NEWS FLASH! January 21, 2010:
Canadian Insolvencies Increased by 12.8% for the Month of November, 2009 compared with the Same Month in 2008.

Consumer Bankruptcies were up 3.9% compared with the same month the previous year.

Business Bankruptcies were down by 21.7% compared with the same month the previous year.

Proposals were up by 48.6% compared with the same month the previous year.

For the 12 months ended November 30, 2009 Insolvencies were up by 31.4% compared with the previous year; (2009:157,688 - 2008:119.982).

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

This entry was posted on Thursday, January 21st, 2010 at 2:32 pm and is filed under Bankruptcy Statistics. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.