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Bankruptcy Statistics for Scarborough

Presented below is a chart showing the number of consumer bankruptcies and proposals filed in Scarborough, Ontario in 2003 and 2004. as compiled by the Office of the Superintendent of Bankruptcy; full details availabe on their web site.

2004
Bankruptcies Proposals Total
Toronto 10,691 3,554 14,245
Ontario 30,742 8,143 38,885
Canada 84,426 15,551 99,977
2003
Bankruptcies Proposals Total
Toronto 10,321 3,278 13,599
Ontario 30,223 7,926 38,149
Canada 84,251 15,400 99,651
Change
Bankruptcies Proposals Total
Toronto 3.6% 8.4% 4.8%
Ontario 1.7% 2.7% 1.9%
Canada 0.2% 1.0% 0.3%

As the above chart indicates, the bankruptcy rate in Canada in 2004 was relatively unchanged.

Chart assembled from sources believed to be accurate; please review the source noted above for complete results. For further information, please contact us.

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