Archived — Insolvency Statistics in Canada—2012 (Table 1)

Table 1: Total Insolvencies
Province Volume 2012
2012 2011 % Change Assets Declared at the Time of Filing ($) Liabilities Declared at the Time of Filing ($)
Newfoundland and Labrador 1,769 2,107 -16.0 90,976,185 152,122,218
Bankruptcies 1,626 1,981 -17.9 71,780,404 129,817,361
Proposals 143 126 13.5 19,195,781 22,304,857
Prince Edward Island 635 637 -0.3 47,543,880 82,582,939
Bankruptcies 485 535 -9.3 29,924,205 60,338,201
Proposals 150 102 47.1 17,619,675 22,244,738
Nova Scotia 4,388 4,669 -6.0 360,615,491 533,191,335
Bankruptcies 3,307 3,682 -10.2 225,528,631 395,762,442
Proposals 1,081 987 9.5 135,086,860 137,428,893
New Brunswick 3,913 3,560 9.9 323,494,344 535,684,370
Bankruptcies 2,959 2,891 2.4 204,387,754 387,331,751
Proposals 954 669 42.6 119,106,590 148,352,619
Quebec 37,944 37,895 0.1 2,413,700,626 5,078,799,081
Bankruptcies 25,887 27,196 -4.8 1,026,979,685 2,859,306,511
Proposals 12,057 10,699 12.7 1,386,720,941 2,219,492,570
Ontario 48,742 52,074 -6.4 4,486,308,236 7,245,953,013
Bankruptcies 24,278 26,805 -9.4 1,421,959,226 3,963,488,249
Proposals 24,464 25,269 -3.2 3,064,349,010 3,282,464,764
Manitoba 1,926 2,229 -13.6 147,247,198 220,814,335
Bankruptcies 1,312 1,574 -16.6 77,956,074 149,076,285
Proposals 614 655 -6.3 69,291,124 71,738,050
Saskatchewan 1,860 2,212 -15.9 218,055,685 251,072,420
Bankruptcies 1,080 1,376 -21.5 82,790,506 126,198,257
Proposals 780 836 -6.7 135,265,179 124,874,163
Alberta 9,514 10,381 -8.4 1,441,641,568 2,289,305,805
Bankruptcies 5,989 7,293 -17.9 791,269,163 1,548,531,070
Proposals 3,525 3,088 14.2 650,372,405 740,774,735
British Columbia 11,964 11,919 0.4 1,484,757,715 2,312,923,506
Bankruptcies 7,754 8,232 -5.8 808,249,122 1,625,279,587
Proposals 4,210 3,687 14.2 676,508,593 687,643,919
Northwest Territories 54 47 14.9 5,454,326 7,974,514
Bankruptcies 29 33 -12.1 1,206,367 3,443,698
Proposals 25 14 78.6 4,247,959 4,530,816
Yukon 38 37 2.7 3,108,380 5,608,104
Bankruptcies 24 32 -25.0 1,537,092 4,109,754
Proposals 14 5 180.0 1,571,288 1,498,350
Nunavut 4 7 -42.9 189,550 570,948
Bankruptcies 1 6 -83.3 2,700 121,413
Proposals 3 1 200.0 186,850 449,535
Canada 122,751 127,774 -3.9 11,023,093,184 18,716,602,588
Bankruptcies 74,731 81,636 -8.5 4,743,570,929 11,252,804,579
Proposals 48,020 46,138 4.1 6,279,522,255 7,463,798,009
Date modified: