Thunder Bay Bankruptcy Statistics
How Many People Go Bankrupt in Thunder Bay Ontario?
Presented below is a chart showing the number of consumer bankruptcies and proposals filed in Thunder Bay, Ontario in 2009 and 2010 as compiled by the Office of the Superintendent of Bankruptcy; full details are available on their web site.
|
2009
|
|||
| Bankruptcies | Proposals | Total | |
| Thunder Bay | 493 | 107 | 600 |
| Ontario | 46,521 | 20,414 | 66,935 |
| Canada | 116,381 | 35,331 | 151,712 |
|
2010
|
|||
| Bankruptcies | Proposals | Total | |
| Thunder Bay | 356 | 96 | 452 |
| Ontario | 33,000 | 23,619 | 56,619 |
| Canada | 92,694 | 42,314 | 135,008 |
|
Change
|
|||
| Bankruptcies | Proposals | Total | |
| Thunder Bay | -27.8% | -10.3% | -24.7% |
| Ontario | -29.1% | 15.7% | -15.4% |
| Canada | -20.4% | 19.8% | -11.0% |
As the above chart indicates, the bankruptcy rate in Thunder Bay dropped significantly in 2010. However the drop in proposals was much smaller, indicating that more residents of Thunder Bay are choosing a consumer proposal as an alternative to bankruptcy.
Chart assembled from sources believed to be accurate; please review the source noted above for complete results. For further information, please contact us.
Comments on this entry are closed.