Canadian Bankruptcies up 25% in 2009

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CBC News reports that Bankruptcies in Canada were up a whopping 25% in 2009.

Read on…

Bankruptcies up 25% in 2009

Bankruptcy filings increased by more than 25 per cent in 2009, official data revealed Wednesday.

Bankruptcy filings increased by more than 25 per cent in 2009, official data revealed Wednesday. (Canadian Press)

In the 12-month period up to Dec. 31, 2009, there were 121,801 bankruptcies across the country, well above the 96,774 filed during the same period last year, the Office of the Superintendent of Bankruptcy Canada said.
Read more: http://www.cbc.ca/money/story/2010/03/03/bankruptcy-statistics-2009.html?ref=rss#ixzz0huYiXVFZ