Geographic Data Breakdown The next section of this issue of Insolvency Now offers a geographic breakdown of the data by highlighting the provinces that are displaying key trends in bankruptcies and receiverships, as well as providing the overall breakdown for CCAA proceedings.
BUSINESS INSOLVENCIES BY PROVINCE
Filings spiked in January in Ontario (Figure 10) and Québec (Figure 11), up 163% and 130% respectively, with both hitting their highest monthly filing number (since tracking started in 2019) at 275 in January in Ontario and 410 in February in Québec. Newfoundland and Labrador filings (Figure 12) in the first five months were 60% of what they were in the last five months of 2023. - 11 -
Figure 10: Bankruptcies and Proposals in Ontario
Figure 10: Bankruptcies and Proposals in Ontario
Bankruptcies and Proposals in Ontario
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Figure 11: Bankruptcies and Proposals in Québec
Bankruptcies and Proposals in Québec
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Davies | dwpv.com
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