Canadian Insolvency Stats for November 2018

The latest numbers from the office of the Superintendent of Bankruptcy Canada shows a 2.5% percent decrease in the total number of insolvencies in Canada in November 2018 compared to the previous month.

Bankruptcies decreased by 8.2% percent and proposals increased by 2.1% percent.

Compared to a year earlier, insolvencies increased by 2.0%

Other stats: For the 12 month period ending November 30, 2018, the total number of insolvencies increased 2.0 percent compared with the 12-month period ending November 30, 2017.

You can read the summary and full report here.