A-Z List | Accessible Info | Careers | Contact Us

 
--
Images from Peel Region
Peel Data Centre Logo

Dashboard of Economic Indicators

Bankruptcies


  • In the period April – June 2018, the total number of business bankruptcies recorded in Peel Region was 24 cases, up from a total of 16 cases registered in April – June 2017.
enlarge [+]
Data source – Toronto Real Estate Board
  • The 24 cases of business bankruptcies recorded in Peel in the April – June quarter of 2018 reflected higher bankruptcies in all three municipalities.
  • Cumulatively, the total number of business bankruptcies declared in Peel for the first half of 2018 increased to 39 cases, from 30 cases recorded in January – June 2017.
  • This was the highest number of business bankruptcies in Peel in a January – June period in three years.
  • However, at 39 cases, the number of cases remained within a relatively low range of 30 – 48 cases recorded over the past six years, maintaining the generally downward trend in business bankruptcies in Peel.
  • Alongside the increase in the number of bankruptcy cases in Peel, the total net liability associated with these bankruptcies totaled to $47.9 million during the period January – June 2018, up from $39.0 million recorded in January – June 2017.
  • The net-value per bankruptcy case in Peel Region amounted to $1,229,000 in January – June 2018, up from $833,000 recorded in January – June 2017.
enlarge [+]
Data source – Toronto Real Estate Board