• Canadian Bankruptcy Rates Up in October 2008

    I went on to the government of Canada website and got a graphic of the bankruptcy rates for October 2008 which were 9,468.

    october 2008 bankruptcy rates

    Octobers bankruptcies were highest in Ontario, by individual, but the highest percentage change was in Prince Edward Island at 70% increase, followed by Alberta at 50.9% increase.

    Total bankruptcies in September 2008 was 8,836.

    It says that the overall increase in bankruptcies percentage wise year over year is 21.1%. That's a huge increase when you think about it.

    Source of Information


    Questions that this article talks about:
    How many bankruptcies in Canada in October
    How many bankruptcies in each province in October
    Which provinces have the highest bankruptcy rate?


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1 Comments
On Dec 8, 2008, Barb Nardel Said:
I wasn't really aware of the bankruptcy numbers in Canada. Do those seem like alot for a population of 33 million?