NEWS FLASH! February 2017 Canadian Bankruptcy Statistics were released May 1, 2017

For the 12 months ended February 28, 2017 insolvencies were up by 1.9% from the prior 12 months.   (129,086 / 126,661)
(These February 2017 Canadian Bankruptcy Statistics were released on May 1, 2017 by the Office of the Superintendent of Bankruptcy)

insolvency-statistics-february-2017

insolvency-statistics-12-months-ending-february-2017


February 2017 Canadian Bankruptcy Statistics –

Insolvencies were down by 7.6% in February, 2017 compared with the same month the previous year.

Consumer Bankruptcies were down by 1.6% for the year ended February 28, 2017 compared with the previous year
(62,502/ 63,544)
Business Bankruptcies were down by 9.5% for the year ended February 28, 2017 compared the previous year.
(2,800 / 3,093).
Proposals were up by 6.3% for the year ended February 28, 2017 compared with the previous year.
(63,784/ 60,024).

Bankruptcies and Proposals: 2012-2016

2012 2013 2014 2015 2016
Cons. Bank. 71,495 69,224 64,839 63,406 63,372
 Bus. Bank. 3,236 3,187 3,116 3,089 2,884
Proposals 48,020 50,548 54,314 59,221 63,471
Total 122,751 122,959 122,269 125,716 129,727

2016 Insolvency increases (decreases), by province, over 2015.

Province % increase
(decrease)
NL 31.3
PE (0.9)
NS 13.1
NB 2.0
QC 13.1
ON (1.3)
MB 24.5
SK 32.8
AB 34.1
BC (6.8)

December 2016 Canadian Bankruptcy Statistics