Issue 18-135 Bankruptcies
July 31, 2018
There were 396 bankruptcies filed by consumers in British Columbia in May, a slight (-4.8%) decrease from the same month of 2017. Meanwhile, the number of business bankruptcies was notably lower, falling 50.0% to six.
Nationally, the total amount of bankruptcies filed was down 7.1%, as both consumer (-6.3%) and business (-22.2%) numbers declined.
Data Source: Industry Canada