Analysis of Bankrupticies in Canada

Surprise, the number of people going insolvent is up about 35,000 people (up 28.6%). At last check, according to the Office of the Superintendent of Bankruptcy Canada, there are 151,712 total insolvencies by consumers in Canada, as a percentage of the population (33,504,700) this is about 0.005%.

Lets look at the top towns:

1. Calgary +74% (to a total of 3,755 people or 0.003% of its population)
2. Kelowna +57.3% (to a total of 744 people or 0.004% of its population)
   
3. Edmonton +53.5% (to a total of 3,860 people or 0.003% of its population)
4. Thunder Bay +47.1& (to a total of 600 people or 0.005% of its population)
5. Vancouver +42.6% (to a total of 5,985 people or 0.002% of its population)

Toronto is up 34.4% (to a total of 25 653 people or 0.005% of its population).


Just in case you wondered, check out the bankruptcy numbers for the US here