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Phone: (604) 605-3335  Toll Free: (888) 850-6585

 

 

Boale, Wood and Company

Boale, Wood and Company

Licensed Insolvency Trustee

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June 2016 insolvencies down in Canada

August 31, 2016 by admin

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

Insolvencies in Canada decreased by 1.5 percent from the previous month. However, when compared to last year, insolvencies are still up:  they’ve increased 7.7 percent compared to a year ago.

Other June 2016 stats:  bankruptcies decreased by 4.8 percent, while  proposals increased by 2.1 percent.

For the 12 month period ending June 30, 2016, total insolvencies increased 4.2 percent compared to the same 12 month period a year ago.

You can read the summary and full report here.

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We have offices located in Vancouver and Surrey.  We also provide services to residents and businesses in the Yukon Territory.

 

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