Insolvencies up again according to March 2016 stats

The office of the Superintendent of Bankruptcy Canada has released the latest insolvency stats for Canada in March 2016

Insolvencies in Canada increased by 8.8 percent from the previous month, and up 1.8 percent compared to a year ago.  Bankruptcies increased by 10.4 percent, consumer proposals up by 7.2 percent.

For the 12 month period ending March 31, 2016, total insolvencies increased 2.8 percent compared to the same 12 month period a year ago.

You can read the summary and full report here.