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GTA, Ontario, Canada
A New Sales Record Has Been Achieved By The Jackie Goodlet Team Who Work Out Of The Whitby Office And Specializes In High End Resale And New Home Sales. According To Broker Dave Pearce The Jackie Goodlet Team Wrote More Transactions Than Anyone Else In The 30 Year History Of Our Firm. Their 255 Transactions Had A Total Volume Of More Than $185,000,000 (185 Million). With Over 25 Years Experience In The Business The Jackie Goodlet Team Has Acquired A Wealth Of Knowledge In All Areas Of Real Estate Including Resale, New Builds, Cottages, Lease, Condos, Vacant Land, Investment And Commercial Properties. With Exceptional Negotiating Skills We Are Confident We Can Save You Time And Money On All Your Real Estate Endeavours. We Look Forward To Hearing From You And Your Referrals Are Always Welcome And Rewarded!

Saturday, October 7, 2017

Canadian insolvency rate continues to fall

The total number of insolvencies (which cover bankruptcies and proposals) in Canada decreased by 12.2% on a month-over-month basis in July, according to the latest data from the Office of the Superintendent of Bankruptcy.

The total number of insolvencies in July 2017 fell by 2.4% compared to the same month last year. Consumer insolvencies decreased by 2.4%, while business insolvencies decreased by 2.3%.

Breaking down by type, bankruptcies as of July decreased by 14.5% from June, and proposals shrunk by 10.0% in the same time frame. For the 12-month period ending July 31, 2017, the total number of insolvencies decreased by 1.4% compared with the 12-month period ending July 31, 2016.

Overall consumer insolvencies were down year-over-year most notably in British Columbia, and Ontario, as well as Newfoundland & Labrador, Prince Edward Island, Quebec, and Alberta. Meanwhile, there were increases in the Yukon, Manitoba and Saskatchewan; and no change in Nunavut and the Northwest Territories.

MBN

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Please feel free to contact me via Direct/Text or e-mail at any time and my team will be pleased to assist you, family members and friends with all your real estate needs. Referrals are always welcome!

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