Issue 20-3: Bankruptcies

January 17, 2020

There were 339 bankruptcies filed by consumers in British Columbia in November 2019, a slight (+4.0%) increase from the same month of 2018. Meanwhile, the number of business bankruptcies was notably higher (+40.0% to seven).

Nationally, the total amount of bankruptcies filed was down 3.8%, as both consumer (-3.6%) and business (-8.0%) numbers declined.

Data Source: Industry Canada