Issue 17-42: Bankruptcies

March 1, 2017

There were 324 bankruptcies filed by consumers in British Columbia in December, a 19.6% decline from the same month of 2015. Conversely, the number of business bankruptcies was notably higher (+33.3% to 20).

Nationally, the total amount of bankruptcies filed was down 11.7%, as both consumer (-11.8%) and business (-10.7%) numbers declined.

Data Source: Industry Canada