Bankruptcy Edmonton: Statistics for 2005 and 2004

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According to bankruptcy Edmonton statistics released by the Office of the Superintendent of Bankruptcy, the personal bankruptcy rate in Edmonton and Alberta in general fell in 2005, as noted in the chart below. The booming resource sector was largely responsible for the decrease in personal bankruptcies in Alberta. According to bankruptcy statistics for 2005 and 2004, Alberta had the largest decrease in the rate of personal bankruptcies in 2005 of any province in Canada.

 

 
2005
Bankruptcies Proposals Total
Edmonton

3,095

550

3,645

Alberta

7,542

1,136

8,678

Canada

84,638

16,554

101,192


 
2004
Bankruptcies Proposals Total
Edmonton

3,534

590

4,124

Alberta

8,714

1,188

9,902

Canada

84,426

15,551

99,977


Change
  Bankruptcies Proposals Total
Edmonton

-12%%

-7%

-12%

Alberta

-13%

-4%

-12%

Canada

0%

6%

1%

The above charts are assembled from sources believed to be accurate.

For further information in regards to bankruptcy statistics, and specifically bankruptcy Edmonton statistics, please contact our Edmonton bankruptcy trustees.