Insolvency Statistics in Canada — 2023
Volume of Insolvency Filings In 2023, a total of 128,043 insolvencies were filed with the Office of the Superintendent of Bankruptcy (OSB), representing a 23.6% increase from 2022. The total volume of insolvencies in 2023 has risen compared to 2020, 2021 and 2022 but remains lower than the volume of insolvencies filed in the pre-pandemic…