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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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Insolvencies up by almost 10 percent in Feb

May 18, 2017 by admin

The latest numbers from the office of the Superintendent of Bankruptcy Canada shows a 9,9 percent increase in the total number of insolvencies in Canada in February 2017 compared to the previous month.   Bankruptcies increased 7.2 percent and proposals increased by 12.4 percent.

Compared to a year earlier, insolvencies are down 7.6 percent.

Other stats: For the 12 month period ending February 28, 2017, the total number of insolvencies increased by 1.9 percent compared with the 12-month period ending February 28, 2016.

You can read the summary and full report.

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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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