Canadian Insolvency Stats for November 2017

The latest numbers from the office of the Superintendent of Bankruptcy Canada shows a 0.9% percent increase in the total number of insolvencies in Canada in November 2017 compared to the previous month.

Bankruptcies decreased by 3.7% percent and proposals increased by 5.2% percent.

Compared to a year earlier, insolvencies decreased by 1.5%

Other stats: For the 12 month period ending November 30, 2017, the total number of insolvencies decreased by 3.4 percent compared with the 12-month period ending November 30, 2016.

You can read the summary and full report here.