February 2018 - Personal Bankruptcy & Consumer Proposal Statistics

 February 2018 - Personal Bankruptcy & Consumer Proposal Statistics

February 2018 - Personal Bankruptcy & Consumer Proposal Statistics

On April 30, 2018, the Office of the Superintendent of Bankruptcy released its most current statistics on personal bankruptcy and consumer proposal filings for Canadian debtors.

Canada - there were 57,614 personal bankruptcies and 64,762 consumer proposals filed in the 12-months ended February 28, 2018.  Personal bankruptcies were down 7.8% and consumer proposal filings were up 3.1% as compared to the 12-months ended February 28, 2017.  There were 4,348 personal bankruptcies and 5,426 consumer proposal filed in Canada in the month of February 2018.

New Brunswick - there were 2,412 personal bankruptcies and 1,938 consumer proposals filed in the 12-months ended February 28, 2018.  Personal bankruptcies were down 14.4% and consumer proposal filings were up 23.0% as compared to the 12-months ended February 28, 2017.  There were 123 personal bankruptcies and 149 consumer proposal filed in New Brunswick in the month of February 2018.

Nova Scotia - there were 3,796 personal bankruptcies and 1,972 consumer proposals filed in the 12-months ended February 28, 2018.  Personal bankruptcies were down 8.8% and consumer proposal filings were up 8.8% as compared to the 12-months ended February 28, 2017.  There were 281 personal bankruptcies and 183 consumer proposal filed in Nova Scotia in the month of February 2018.

Prince Edward Island - there were 412 personal bankruptcies and 271 consumer proposals filed in the 12-months ended February 28, 2018.  Personal bankruptcies were down 12.2% and consumer proposal filings were down 11.7% as compared to the 12-months ended February 28, 2017.  There were 48 personal bankruptcies and 18 consumer proposal filed in Canada in the month of February 2018.

 February 2018 - Personal Bankruptcy & Consumer Proposal Statistics

February 2018 - Personal Bankruptcy & Consumer Proposal Statistics

Matt Munro