Insolvency Statistics in Canada—2014 (Table 1)

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Table 1: Total Insolvencies
ProvinceVolume2014
20142013% ChangeAssets Declared at the Time of Filing ($)Liabilities Declared at the Time of Filing ($)
Newfoundland and Labrador1,5751,710-7.9119,861,858184,634,073
Bankruptcies1,3751,545-11.088,631,391151,171,716
Proposals20016521.231,230,46733,462,357
Prince Edward Island73964015.554,252,146114,524,911
Bankruptcies51545812.431,620,14872,038,465
Proposals22418223.122,631,99842,486,446
Nova Scotia5,3044,77111.2446,204,169587,885,619
Bankruptcies3,7783,37911.8249,979,510397,202,543
Proposals1,5261,3929.6196,224,659190,683,076
New Brunswick4,3954,0378.9378,268,055595,545,679
Bankruptcies3,0892,9106.2213,750,860394,742,315
Proposals1,3061,12715.9164,517,195200,803,364
Quebec43,89142,1274.23,390,901,0797,070,982,298
Bankruptcies26,13726,812-2.51,330,098,5133,667,420,881
Proposals17,75415,31515.92,060,802,5663,403,561,417
Ontario42,19845,354-7.03,804,668,8186,323,805,165
Bankruptcies20,06922,731-11.71,125,165,3613,263,557,386
Proposals22,12922,623-2.22,679,503,4573,060,247,779
Manitoba1,9481,9191.5170,253,517238,517,622
Bankruptcies1,2481,269-1.788,062,111162,176,171
Proposals7006507.782,191,40676,341,451
Saskatchewan2,0621,80514.2271,252,737317,650,796
Bankruptcies1,1821,1066.9106,502,991167,600,248
Proposals88069925.9164,749,746150,050,548
Alberta8,4228,452-0.41,494,169,0712,174,682,820
Bankruptcies3,9644,826-17.9790,435,9781,400,661,875
Proposals4,4583,62622.9703,733,093774,020,945
British Columbia11,63912,057-3.51,596,328,9722,635,350,233
Bankruptcies6,5457,319-10.6741,351,4691,816,608,228
Proposals5,0944,7387.5854,977,503818,742,005
Northwest Territories4951-3.93,656,8256,726,744
Bankruptcies2631-16.11,960,3273,720,389
Proposals232015.01,696,4983,006,355
Yukon403129.01,340,7424,044,761
Bankruptcies22220.0535,4292,430,493
Proposals189100.0805,3131,614,268
Nunavut7540.0327,5041,650,635
Bankruptcies5366.7284,1731,478,522
Proposals220.043,331172,113
Canada122,269122,959-0.611,731,485,49320,256,001,356
Bankruptcies67,95572,411-6.24,768,378,26111,500,809,232
Proposals54,31450,5487.56,963,107,2328,755,192,124