Economic newsEconomic news

May

Bankruptcies decline in the Quebec City census metropolitan area

Economic News - Consumers and businesses started off 2011 on the right foot in the Quebec City census metropolitan area. The data made public by the Office of the Superintendent of Bankruptcies reveal that 500 consumers and businesses filed for bankruptcy in the first quarter, down 15 compared with the same period last year. The region had not recorded so few bankruptcies since 2005. In addition, this was a significant improvement over the 697 bankruptcies recorded in the first quarter of 2009.

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