Canada Consumer Insolvencies 2010-2011

Canada Consumer Insolvencies 2010/2011 Despite an uncertain global economy, levels of bankruptcy are still relatively low. Overall, Canada has seen a 19.1% decrease in personal bankruptcy filings nationally, while proposals have risen CONSUMER INSOLVENCIES Per each thousand people 10.7%. It's clear that more Canadians are looking to consumer proposals for debt relief as an alternative solution CONSUMER INSOLVENCIES 2010-2011 12 month period ending June 30th, 2011 +% to bankruptcy. GROWTH I - 0 DECREASE - 10% -20% 2010 DATA 2011 CONSUMER INSOLVENCIES (Per thousand people) 2,612 2,254 560 CONSUMERS S INSOLVENCIES BY PROVINCE 2010 2011 -8,3% -11.1% 5,359 -8.4% 4,913 12,133 9.7% 3,889 -7% -16.3% -14.4% 13,103 OVERVIEW OF CANADA CONSUMERS INSOLVENCIES 2010 2011 145,233 129,392 |PERSONAL Source: Office of the Superintendent of Bankruptcy BANKRUPTCY CANADA 10,486 - BRITISH COLUMBIA 11,793 ALBERTA E - SASKATCHEWAN 2,205 MANITOBA ONTARIO 2,434 QUEBEC 606'2 NEW BRUNSWICK NOVA SCOTIA PRINCE EDWARD ISLAND 53,718 AND LABRADOR 1,562 62,729 36,965 39,739