Issue 18-153 Bankruptcies

August 31, 2018

There were 352 bankruptcies filed by consumers in British Columbia in June, a 9.0% decline from the same month of 2017. Meanwhile, the number of business bankruptcies was also notably lower (-66.7% to three).

Nationally, the total amount of bankruptcies filed was down 7.9%, as both consumer (-7.7%) and business (-13.3%) numbers declined.

Data Source: Industry Canada