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