Canada/British Columbia Business Services Society (Small Business BC), Bankruptcy

Canada/British Columbia Business Services Society (“Small Business BC”), a non-profit resource hub for small business owners and entrepreneurs that operated from premises located in Vancouver, assigned itself into bankruptcy on December 5.

Small Business BC was established as a non-profit in 2002 with funding from both the provincial and federal governments and has reportedly served over 880,000 clients, providing resources and services such as consultations.

The company lists approximately $5.7 million in liabilities, including approximately $1.8 million to Innovation Science and Economic Development Canada and $1.7 million to the BC Ministry of Social Development and Poverty Reduction.

MNP is the bankruptcy trustee.