Office of the Superintendent of Bankruptcy Canada
osb.ic.gc.ca
Common menu bar links
This page does not contain Institutional links
Insolvency Statistics in Canada — July 2009
Printable Version: Insolvency Statistics in Canada — July 2009 (PDF Format 183 KB)
Note:
Monthly statistics for insolvency volumes tend to vary widely.
Quarterly and annual statistics can be more indicative of the evolution
of insolvency volumes.
Tables
- Table 1: Total Insolvencies
- Table 2: Insolvencies Filed by Consumers
- Table 3: Insolvencies Filed by Businesses
- Table 4: Insolvencies by NAICS Economic Sectors Canada
Definitions
- Consumer:
- An individual with more than 50 percent of total liabilities related to consumer goods and services.
- Business:
- Any commercial entity or organization other than an individual, or an individual who has incurred 50 percent or more of total liabilities as a result of operating a business.
- Bankruptcy:
- The state of a consumer or business that has made an assignment in bankruptcy or against whom a bankruptcy order has been made.
- Proposal:
- An offer to creditors to settle debts under conditions other than the existing terms. A proposal is a formal agreement under the Bankruptcy and Insolvency Act.
- NAICS:
- North American Industry Classification System.
| Volume | % Change | 12-Month Period Ending | ||||||
|---|---|---|---|---|---|---|---|---|
| July 2009 | June 2009 | July 2008 | June 2009 to July 2009 | July 2008 to July 2009 | 07-31-2009 | 07-31-2008 | % Change | |
| Newfoundland and Labrador | 216 | 256 | 205 | -15.6 | 5.4 | 2 550 | 2 174 | 17.3 |
| Bankruptcies | 204 | 251 | 199 | -18.7 | 2.5 | 2 461 | 2 108 | 16.7 |
| Proposals | 12 | 5 | 6 | 140.0 | 100.0 | 89 | 66 | 34.8 |
| Prince Edward Island | 43 | 65 | 33 | -33.8 | 30.3 | 555 | 387 | 43.4 |
| Bankruptcies | 42 | 63 | 31 | -33.3 | 35.5 | 529 | 357 | 48.2 |
| Proposals | 1 | 2 | 2 | -50.0 | -50.0 | 26 | 30 | -13.3 |
| Nova Scotia | 519 | 493 | 390 | 5.3 | 33.1 | 5 149 | 4 397 | 17.1 |
| Bankruptcies | 473 | 440 | 336 | 7.5 | 40.8 | 4 510 | 3 808 | 18.4 |
| Proposals | 46 | 53 | 54 | -13.2 | -14.8 | 639 | 589 | 8.5 |
| New Brunswick | 378 | 371 | 271 | 1.9 | 39.5 | 3 762 | 3 011 | 24.9 |
| Bankruptcies | 331 | 320 | 232 | 3.4 | 42.7 | 3 202 | 2 619 | 22.3 |
| Proposals | 47 | 51 | 39 | -7.8 | 20.5 | 560 | 392 | 42.9 |
| Quebec | 3 600 | 3 787 | 2 980 | -4.9 | 20.8 | 42 032 | 34 711 | 21.1 |
| Bankruptcies | 3 055 | 3 217 | 2 410 | -5.0 | 26.8 | 34 873 | 28 610 | 21.9 |
| Proposals | 545 | 570 | 570 | -4.4 | -4.4 | 7 159 | 6 101 | 17.3 |
| Ontario | 5 989 | 6 392 | 4 392 | -6.3 | 36.4 | 64 383 | 48 883 | 31.7 |
| Bankruptcies | 4 307 | 4 543 | 3 229 | -5.2 | 33.4 | 46 193 | 35 690 | 29.4 |
| Proposals | 1 682 | 1 849 | 1 163 | -9.0 | 44.6 | 18 190 | 13 193 | 37.9 |
| Manitoba | 288 | 286 | 250 | 0.7 | 15.2 | 3 060 | 2 612 | 17.2 |
| Bankruptcies | 226 | 233 | 181 | -3.0 | 24.9 | 2 434 | 2 079 | 17.1 |
| Proposals | 62 | 53 | 69 | 17.0 | -10.1 | 626 | 533 | 17.4 |
| Saskatchewan | 221 | 283 | 192 | -21.9 | 15.1 | 2 427 | 2 024 | 19.9 |
| Bankruptcies | 162 | 213 | 153 | -23.9 | 5.9 | 1 866 | 1 528 | 22.1 |
| Proposals | 59 | 70 | 39 | -15.7 | 51.3 | 561 | 496 | 13.1 |
| Alberta | 1 088 | 1 246 | 617 | -12.7 | 76.3 | 10 925 | 6 838 | 59.8 |
| Bankruptcies | 907 | 1 054 | 494 | -13.9 | 83.6 | 9 224 | 5 531 | 66.8 |
| Proposals | 181 | 192 | 123 | -5.7 | 47.2 | 1 701 | 1 307 | 30.1 |
| British Columbia | 1 268 | 1 227 | 778 | 3.3 | 63.0 | 12 458 | 8 477 | 47.0 |
| Bankruptcies | 1 013 | 994 | 639 | 1.9 | 58.5 | 10 216 | 6 960 | 46.8 |
| Proposals | 255 | 233 | 139 | 9.4 | 83.5 | 2 242 | 1 517 | 47.8 |
| Northwest Territories | 3 | 7 | 2 | -57.1 | 50.0 | 40 | 31 | 29.0 |
| Bankruptcies | 3 | 5 | 2 | -40.0 | 50.0 | 33 | 26 | 26.9 |
| Proposals | 0 | 2 | 0 | -100.0 | -- | 7 | 5 | 40.0 |
| Yukon | 3 | 2 | 3 | 50.0 | 0.0 | 35 | 29 | 20.7 |
| Bankruptcies | 3 | 2 | 2 | 50.0 | 50.0 | 32 | 27 | 18.5 |
| Proposals | 0 | 0 | 1 | -- | -100.0 | 3 | 2 | 50.0 |
| Nunavut | 1 | 3 | 0 | -66.7 | -- | 11 | 5 | 120.0 |
| Bankruptcies | 0 | 3 | 0 | -100.0 | -- | 10 | 3 | 233.3 |
| Proposals | 1 | 0 | 0 | -- | -- | 1 | 2 | -50.0 |
| Canada | 13 617 | 14 418 | 10 113 | -5.6 | 34.6 | 147 387 | 113 579 | 29.8 |
| Bankruptcies | 10 726 | 11 338 | 7 908 | -5.4 | 35.6 | 115 583 | 89 346 | 29.4 |
| Proposals | 2 891 | 3 080 | 2 205 | -6.1 | 31.1 | 31 804 | 24 233 | 31.2 |
| Volume | % Change | 12-Month Period Ending | ||||||
|---|---|---|---|---|---|---|---|---|
| July 2009 | June 2009 | July 2008 | June 2009 to July 2009 | July 2008 to July 2009 | 07-31-2009 | 07-31-2008 | % Change | |
| Newfoundland and Labrador | 216 | 250 | 203 | -13.6 | 6.4 | 2 517 | 2 128 | 18.3 |
| Bankruptcies | 204 | 246 | 197 | -17.1 | 3.6 | 2 429 | 2 064 | 17.7 |
| Proposals | 12 | 4 | 6 | 200.0 | 100.0 | 88 | 64 | 37.5 |
| Prince Edward Island | 40 | 58 | 31 | -31.0 | 29.0 | 528 | 362 | 45.9 |
| Bankruptcies | 40 | 58 | 30 | -31.0 | 33.3 | 508 | 338 | 50.3 |
| Proposals | 0 | 0 | 1 | -- | -100.0 | 20 | 24 | -16.7 |
| Nova Scotia | 511 | 469 | 368 | 9.0 | 38.9 | 4 987 | 4 182 | 19.2 |
| Bankruptcies | 465 | 417 | 317 | 11.5 | 46.7 | 4 367 | 3 619 | 20.7 |
| Proposals | 46 | 52 | 51 | -11.5 | -9.8 | 620 | 563 | 10.1 |
| New Brunswick | 364 | 362 | 252 | 0.6 | 44.4 | 3 584 | 2 797 | 28.1 |
| Bankruptcies | 324 | 312 | 217 | 3.8 | 49.3 | 3 068 | 2 441 | 25.7 |
| Proposals | 40 | 50 | 35 | -20.0 | 14.3 | 516 | 356 | 44.9 |
| Quebec | 3 417 | 3 574 | 2 755 | -4.4 | 24.0 | 39 371 | 32 041 | 22.9 |
| Bankruptcies | 2 902 | 3 046 | 2 250 | -4.7 | 29.0 | 32 804 | 26 483 | 23.9 |
| Proposals | 515 | 528 | 505 | -2.5 | 2.0 | 6 567 | 5 558 | 18.2 |
| Ontario | 5 789 | 6 160 | 4 197 | -6.0 | 37.9 | 61 734 | 45 946 | 34.4 |
| Bankruptcies | 4 125 | 4 345 | 3 061 | -5.1 | 34.8 | 43 919 | 33 176 | 32.4 |
| Proposals | 1 664 | 1 815 | 1 136 | -8.3 | 46.5 | 17 815 | 12 770 | 39.5 |
| Manitoba | 285 | 277 | 244 | 2.9 | 16.8 | 2 971 | 2 504 | 18.7 |
| Bankruptcies | 223 | 224 | 175 | -0.4 | 27.4 | 2 357 | 1 982 | 18.9 |
| Proposals | 62 | 53 | 69 | 17.0 | -10.1 | 614 | 522 | 17.6 |
| Saskatchewan | 205 | 257 | 182 | -20.2 | 12.6 | 2 215 | 1 802 | 22.9 |
| Bankruptcies | 148 | 197 | 145 | -24.9 | 2.1 | 1 700 | 1 362 | 24.8 |
| Proposals | 57 | 60 | 37 | -5.0 | 54.1 | 515 | 440 | 17.0 |
| Alberta | 1 045 | 1 205 | 573 | -13.3 | 82.4 | 10 432 | 6 331 | 64.8 |
| Bankruptcies | 872 | 1 021 | 457 | -14.6 | 90.8 | 8 804 | 5 120 | 72.0 |
| Proposals | 173 | 184 | 116 | -6.0 | 49.1 | 1 628 | 1 211 | 34.4 |
| British Columbia | 1 213 | 1 168 | 734 | 3.9 | 65.3 | 11 872 | 7 949 | 49.4 |
| Bankruptcies | 985 | 947 | 599 | 4.0 | 64.4 | 9 744 | 6 530 | 49.2 |
| Proposals | 228 | 221 | 135 | 3.2 | 68.9 | 2 128 | 1 419 | 50.0 |
| Northwest Territories | 3 | 7 | 2 | -57.1 | 50.0 | 40 | 26 | 53.8 |
| Bankruptcies | 3 | 5 | 2 | -40.0 | 50.0 | 33 | 23 | 43.5 |
| Proposals | 0 | 2 | 0 | -100.0 | -- | 7 | 3 | 133.3 |
| Yukon | 3 | 2 | 3 | 50.0 | 0.0 | 35 | 24 | 45.8 |
| Bankruptcies | 3 | 2 | 2 | 50.0 | 50.0 | 32 | 22 | 45.5 |
| Proposals | 0 | 0 | 1 | -- | -100.0 | 3 | 2 | 50.0 |
| Nunavut | 0 | 3 | 0 | -100.0 | -- | 10 | 5 | 100.0 |
| Bankruptcies | 0 | 3 | 0 | -100.0 | -- | 10 | 3 | 233.3 |
| Proposals | 0 | 0 | 0 | -- | -- | 0 | 2 | -100.0 |
| Canada | 13 091 | 13 792 | 9 544 | -5.1 | 37.2 | 140 296 | 106 097 | 32.2 |
| Bankruptcies | 10 294 | 10 823 | 7 452 | -4.9 | 38.1 | 109 775 | 83 163 | 32.0 |
| Proposals | 2 797 | 2 969 | 2 092 | -5.8 | 33.7 | 30 521 | 22 934 | 33.1 |
| Volume | % Change | 12-Month Period Ending | ||||||
|---|---|---|---|---|---|---|---|---|
| July 2009 | June 2009 | July 2008 | June 2009 to July 2009 | July 2008 to July 2009 | 07-31-2009 | 07-31-2008 | % Change | |
| Newfoundland and Labrador | 0 | 6 | 2 | -100.0 | -100.0 | 33 | 46 | -28.3 |
| Bankruptcies | 0 | 5 | 2 | -100.0 | -100.0 | 32 | 44 | -27.3 |
| Proposals | 0 | 1 | 0 | -100.0 | -- | 1 | 2 | -50.0 |
| Prince Edward Island | 3 | 7 | 2 | -57.1 | 50.0 | 27 | 25 | 8.0 |
| Bankruptcies | 2 | 5 | 1 | -60.0 | 100.0 | 21 | 19 | 10.5 |
| Proposals | 1 | 2 | 1 | -50.0 | 0.0 | 6 | 6 | 0.0 |
| Nova Scotia | 8 | 24 | 22 | -66.7 | -63.6 | 162 | 215 | -24.7 |
| Bankruptcies | 8 | 23 | 19 | -65.2 | -57.9 | 143 | 189 | -24.3 |
| Proposals | 0 | 1 | 3 | -100.0 | -100.0 | 19 | 26 | -26.9 |
| New Brunswick | 14 | 9 | 19 | 55.6 | -26.3 | 178 | 214 | -16.8 |
| Bankruptcies | 7 | 8 | 15 | -12.5 | -53.3 | 134 | 178 | -24.7 |
| Proposals | 7 | 1 | 4 | 600.0 | 75.0 | 44 | 36 | 22.2 |
| Quebec | 183 | 213 | 225 | -14.1 | -18.7 | 2 661 | 2 670 | -0.3 |
| Bankruptcies | 153 | 171 | 160 | -10.5 | -4.4 | 2 069 | 2 127 | -2.7 |
| Proposals | 30 | 42 | 65 | -28.6 | -53.8 | 592 | 543 | 9.0 |
| Ontario | 200 | 232 | 195 | -13.8 | 2.6 | 2 649 | 2 937 | -9.8 |
| Bankruptcies | 182 | 198 | 168 | -8.1 | 8.3 | 2 274 | 2 514 | -9.5 |
| Proposals | 18 | 34 | 27 | -47.1 | -33.3 | 375 | 423 | -11.3 |
| Manitoba | 3 | 9 | 6 | -66.7 | -50.0 | 89 | 108 | -17.6 |
| Bankruptcies | 3 | 9 | 6 | -66.7 | -50.0 | 77 | 97 | -20.6 |
| Proposals | 0 | 0 | 0 | -- | -- | 12 | 11 | 9.1 |
| Saskatchewan | 16 | 26 | 10 | -38.5 | 60.0 | 212 | 222 | -4.5 |
| Bankruptcies | 14 | 16 | 8 | -12.5 | 75.0 | 166 | 166 | 0.0 |
| Proposals | 2 | 10 | 2 | -80.0 | 0.0 | 46 | 56 | -17.9 |
| Alberta | 43 | 41 | 44 | 4.9 | -2.3 | 493 | 507 | -2.8 |
| Bankruptcies | 35 | 33 | 37 | 6.1 | -5.4 | 420 | 411 | 2.2 |
| Proposals | 8 | 8 | 7 | 0.0 | 14.3 | 73 | 96 | -24.0 |
| British Columbia | 55 | 59 | 44 | -6.8 | 25.0 | 586 | 528 | 11.0 |
| Bankruptcies | 28 | 47 | 40 | -40.4 | -30.0 | 472 | 430 | 9.8 |
| Proposals | 27 | 12 | 4 | 125.0 | 575.0 | 114 | 98 | 16.3 |
| Northwest Territories | 0 | 0 | 0 | -- | -- | 0 | 5 | -100.0 |
| Bankruptcies | 0 | 0 | 0 | -- | -- | 0 | 3 | -100.0 |
| Proposals | 0 | 0 | 0 | -- | -- | 0 | 2 | -100.0 |
| Yukon | 0 | 0 | 0 | -- | -- | 0 | 5 | -100.0 |
| Bankruptcies | 0 | 0 | 0 | -- | -- | 0 | 5 | -100.0 |
| Proposals | 0 | 0 | 0 | -- | -- | 0 | 0 | -- |
| Nunavut | 1 | 0 | 0 | -- | -- | 1 | 0 | -- |
| Bankruptcies | 0 | 0 | 0 | -- | -- | 0 | 0 | -- |
| Proposals | 1 | 0 | 0 | -- | -- | 1 | 0 | -- |
| Canada | 526 | 626 | 569 | -16.0 | -7.6 | 7 091 | 7 482 | -5.2 |
| Bankruptcies | 432 | 515 | 456 | -16.1 | -5.3 | 5 808 | 6 183 | -6.1 |
| Proposals | 94 | 111 | 113 | -15.3 | -16.8 | 1 283 | 1 299 | -1.2 |
| Volume | % Change | 12-Month Period Ending | ||||||
|---|---|---|---|---|---|---|---|---|
| July 2009 | June 2009 | July 2008 | June 2009 to July 2009 | July 2008 to July 2009 | 07-31-2009 | 07-31-2008 | % Change | |
| Agriculture, Forestry, Fishing and Hunting | 13 | 36 | 21 | -63.9 | -38.1 | 285 | 363 | -21.5 |
| Bankruptcies | 11 | 30 | 19 | -63.3 | -42.1 | 232 | 291 | -20.3 |
| Proposals | 2 | 6 | 2 | -66.7 | 0.0 | 53 | 72 | -26.4 |
| Mining and Oil and Gas Extraction | 6 | 14 | 6 | -57.1 | 0.0 | 57 | 54 | 5.6 |
| Bankruptcies | 5 | 6 | 5 | -16.7 | 0.0 | 36 | 36 | 0.0 |
| Proposals | 1 | 8 | 1 | -87.5 | 0.0 | 21 | 18 | 16.7 |
| Utilities | 1 | 4 | 3 | -75.0 | -66.7 | 20 | 6 | 233.3 |
| Bankruptcies | 1 | 2 | 2 | -50.0 | -50.0 | 15 | 5 | 200.0 |
| Proposals | 0 | 2 | 1 | -100.0 | -100.0 | 5 | 1 | 400.0 |
| Construction | 80 | 78 | 91 | 2.6 | -12.1 | 1 072 | 1 247 | -14.0 |
| Bankruptcies | 69 | 66 | 81 | 4.5 | -14.8 | 922 | 1 068 | -13.7 |
| Proposals | 11 | 12 | 10 | -8.3 | 10.0 | 150 | 179 | -16.2 |
| Manufacturing | 74 | 73 | 60 | 1.4 | 23.3 | 805 | 769 | 4.7 |
| Bankruptcies | 60 | 57 | 40 | 5.3 | 50.0 | 628 | 586 | 7.2 |
| Proposals | 14 | 16 | 20 | -12.5 | -30.0 | 177 | 183 | -3.3 |
| Wholesale Trade | 37 | 38 | 29 | -2.6 | 27.6 | 394 | 375 | 5.1 |
| Bankruptcies | 31 | 35 | 19 | -11.4 | 63.2 | 313 | 296 | 5.7 |
| Proposals | 6 | 3 | 10 | 100.0 | -40.0 | 81 | 79 | 2.5 |
| Retail Trade | 61 | 94 | 83 | -35.1 | -26.5 | 965 | 1 060 | -9.0 |
| Bankruptcies | 53 | 73 | 70 | -27.4 | -24.3 | 802 | 892 | -10.1 |
| Proposals | 8 | 21 | 13 | -61.9 | -38.5 | 163 | 168 | -3.0 |
| Transportation and Warehousing | 37 | 52 | 64 | -28.8 | -42.2 | 659 | 747 | -11.8 |
| Bankruptcies | 30 | 48 | 54 | -37.5 | -44.4 | 538 | 632 | -14.9 |
| Proposals | 7 | 4 | 10 | 75.0 | -30.0 | 121 | 115 | 5.2 |
| Information and Cultural Industries | 8 | 14 | 14 | -42.9 | -42.9 | 115 | 144 | -20.1 |
| Bankruptcies | 3 | 10 | 8 | -70.0 | -62.5 | 82 | 114 | -28.1 |
| Proposals | 5 | 4 | 6 | 25.0 | -16.7 | 33 | 30 | 10.0 |
| Finance and Insurance | 5 | 16 | 7 | -68.8 | -28.6 | 141 | 120 | 17.5 |
| Bankruptcies | 5 | 14 | 5 | -64.3 | 0.0 | 112 | 103 | 8.7 |
| Proposals | 0 | 2 | 2 | -100.0 | -100.0 | 29 | 17 | 70.6 |
| Real Estate and Rental and Leasing | 19 | 13 | 15 | 46.2 | 26.7 | 204 | 153 | 33.3 |
| Bankruptcies | 16 | 11 | 12 | 45.5 | 33.3 | 158 | 122 | 29.5 |
| Proposals | 3 | 2 | 3 | 50.0 | 0.0 | 46 | 31 | 48.4 |
| Professional, Scientific and Technical Services | 32 | 34 | 29 | -5.9 | 10.3 | 455 | 434 | 4.8 |
| Bankruptcies | 25 | 30 | 22 | -16.7 | 13.6 | 380 | 343 | 10.8 |
| Proposals | 7 | 4 | 7 | 75.0 | 0.0 | 75 | 91 | -17.6 |
| Management of Companies and Enterprises | 5 | 3 | 4 | 66.7 | 25.0 | 43 | 37 | 16.2 |
| Bankruptcies | 4 | 3 | 1 | 33.3 | 300.0 | 35 | 27 | 29.6 |
| Proposals | 1 | 0 | 3 | -- | -66.7 | 8 | 10 | -20.0 |
| Administrative and Support, Waste Management and Remediation Services | 20 | 21 | 25 | -4.8 | -20.0 | 298 | 304 | -2.0 |
| Bankruptcies | 18 | 18 | 22 | 0.0 | -18.2 | 249 | 251 | -0.8 |
| Proposals | 2 | 3 | 3 | -33.3 | -33.3 | 49 | 53 | -7.5 |
| Educational Services | 2 | 4 | 5 | -50.0 | -60.0 | 44 | 49 | -10.2 |
| Bankruptcies | 2 | 4 | 5 | -50.0 | -60.0 | 34 | 39 | -12.8 |
| Proposals | 0 | 0 | 0 | -- | -- | 10 | 10 | 0.0 |
| Health Care and Social Assistance | 4 | 6 | 9 | -33.3 | -55.6 | 84 | 96 | -12.5 |
| Bankruptcies | 3 | 5 | 6 | -40.0 | -50.0 | 67 | 73 | -8.2 |
| Proposals | 1 | 1 | 3 | 0.0 | -66.7 | 17 | 23 | -26.1 |
| Arts, Entertainment and Recreation | 13 | 12 | 11 | 8.3 | 18.2 | 137 | 172 | -20.3 |
| Bankruptcies | 13 | 10 | 9 | 30.0 | 44.4 | 119 | 144 | -17.4 |
| Proposals | 0 | 2 | 2 | -100.0 | -100.0 | 18 | 28 | -35.7 |
| Accommodation and Food Services | 76 | 70 | 60 | 8.6 | 26.7 | 847 | 869 | -2.5 |
| Bankruptcies | 52 | 63 | 49 | -17.5 | 6.1 | 694 | 741 | -6.3 |
| Proposals | 24 | 7 | 11 | 242.9 | 118.2 | 153 | 128 | 19.5 |
| Other Services (except Public Administration) | 33 | 43 | 31 | -23.3 | 6.5 | 460 | 472 | -2.5 |
| Bankruptcies | 31 | 29 | 25 | 6.9 | 24.0 | 387 | 409 | -5.4 |
| Proposals | 2 | 14 | 6 | -85.7 | -66.7 | 73 | 63 | 15.9 |
| Public Administration | 0 | 1 | 2 | -100.0 | -100.0 | 5 | 11 | -54.5 |
| Bankruptcies | 0 | 1 | 2 | -100.0 | -100.0 | 4 | 11 | -63.6 |
| Proposals | 0 | 0 | 0 | -- | -- | 1 | 0 | -- |
| Total | 526 | 626 | 569 | -16.0 | -7.6 | 7 091 | 7 482 | -5.2 |
| Bankruptcies | 432 | 515 | 456 | -16.1 | -5.3 | 5 808 | 6 183 | -6.1 |
| Proposals | 94 | 111 | 113 | -15.3 | -16.8 | 1 283 | 1 299 | -1.2 |
To access the Portable Document Format (PDF) version you must have a PDF reader installed. If you do not already have such a reader, there are numerous PDF readers available for free download or for purchase on the Internet:
