Credit Guru Blog

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Canadian Consumer Bankruptcies in 2008

Feb 09, 2009
Consumer Bankruptcies:
Comparing 2008 numbers to 2007
The following numbers were released on Monday by the Office of the Superintendent of Bankruptcy Canada.
 

 

Number of Bankruptcies

2008

2007

% Change

Newfoundland and Labrador

2 133

2 121

0.6

Prince Edward Island

444

297

49.5

Nova Scotia

3 970

3 487

13.9

New Brunswick

2 655

2 454

8.2

Quebec

28 317

25 072

12.9

Ontario

36 200

31 439

15.1

Manitoba

2 025

2 041

-0.8

Saskatchewan

1 451

1 463

-0.8

Alberta

6 066

4 768

27.2

British Columbia

7 293

6 651

9.7

Northwest Territories

22

31

-29

Yukon

27

20

35

Nunavut

7

3

133.3

Canada

90 610

79 847

13.5

 
Consumer bankruptcies in 2008 jumped up by 13.5% over 2007. In all of last year 90,620 Canadians filed for bankruptcy as opposed [...]

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