CCAA Statistics—Third Quarter of 2015

Tables

Definitions

CCAA:
The Companies' Creditors Arrangement Act (CCAA) is a federal law allowing insolvent corporations that owe their creditors in excess of $5 million to restructure their business and financial affairs. CCAA proceedings are carried out under supervision of the courts.
Cross-Border Proceedings:
When a proceeding is filed in a foreign jurisdiction where the debtor company has the centre of its main interests, it is referred to as a foreign main proceeding. Proceedings brought before any other court would generally be referred to as foreign non-main proceedings.
North American Industry Classification System (NAICS):
The NAICS is an industry classification system that classifies economic units that have similar production processes in the same industry. This is a supply-based or production-oriented economic concept.
Table 1: Total CCAA Proceedings—Domestic
Type Volume +/
Change
12-Month Period Ending
Q3 2015 Q2 2015 Q3 2014 Q2 2015 –
Q3 2015
Q3 2014 –
Q3 2015
09-30-2015 09-30-2014 +/
Change
Total Domestic Proceedings FiledFootnote1 4 14 7 -10 -3 39 31 8
Filing Affiliates
6 14 9 -8 -3 73 146 -73
Filed by Publicly-Traded Companies
0 6 0 -6 0 10 6 4
Filed by Privately-Held Companies
4 8 7 -4 -3 29 25 4
Total Liabilities—
Book Value ($ millions)Footnote2
$232.254 $2,635.246 $4,812.003 -$2,402.992 -$4,579.749 $20,692.887 $7,566.896 $13,125.991
% of Secured Liabilities
57.98% 47.04% 21.81%     24.25% 30.89%  
% of Unsecured Liabilities
42.02% 52.96% 78.19%     75.75% 69.11%  
Total Assets— Book Value ($ millions) $252.793 $1,383.931 $2,246.406 -$1,131.138 -$1,993.613 $20,829.911 $5,088.754 $15,741.158
Table 2: Total CCAA Proceedings—Cross-Border
Type Volume +/
Change
12-Month Period Ending
Q3 2015 Q2 2015 Q3 2014 Q2 2015 –
Q3 2015
Q3 2014 –
Q3 2015
09-30-2015 09-30-2014 +/
Change
Total Cross-Border Proceedings FiledFootnote3 0 0 0 0 0 0 0 0
Foreign Main Proceedings
0 0 0 0 0 0 0 0
Foreign Non-Main Proceedings
0 0 0 0 0 0 0 0
Total Liabilities—
Book Value ($ millions)Footnote4
$0.000 $0.000 $0.000 $0.000 $0.000 $0.000 $0.000 $0.000
Total Assets—
Book Value ($ millions)
$0.000 $0.000 $0.000 $0.000 $0.000 $0.000 $0.000 $0.000
Table 3: Total CCAA Proceedings Filed by Province
Province/territory Volume +/
Change
12-Month Period Ending
Q3 2015 Q2 2015 Q3 2014 Q2 2015 –
Q3 2015
Q3 2014 –
Q3 2015
09-30-2015 09-30-2014 +/
Change
Newfoundland and Labrador
Domestic
Cross-Border
Prince Edward Island 1 -1
Domestic 1 -1
Cross-Border
Nova Scotia 1 1 1 1 1
Domestic 1 1 1 1 1
Cross-Border
New Brunswick 1 -1 1 1
Domestic 1 -1 1 1
Cross-Border
Quebec 2 4 1 -2 1 11 6 5
Domestic 2 4 1 -2 1 11 6 5
Cross-Border
Ontario 5 5 -5 -5 12 13 -1
Domestic 5 5 -5 -5 12 13 -1
Cross-Border
Manitoba
Domestic
Cross-Border
Saskatchewan 1 -1 1 1
Domestic 1 -1 1 1
Cross-Border
Alberta 1 2 -1 1 8 3 5
Domestic 1 2 -1 1 8 3 5
Cross-Border
British Columbia 1 1 -1 -1 5 8 -3
Domestic 1 1 -1 -1 5 8 -3
Cross-Border
Northwest Territories
Domestic
Cross-Border
Yukon
Domestic
Cross-Border
Nunavut
Domestic
Cross-Border
Canada 4 14 7 -10 -3 39 31 8
Domestic 4 14 7 -10 -3 39 31 8
Cross-Border
Table 4: CCAA Proceedings Filed by North American Industry Classification System Economic Sector, CanadaFootnote 5
Sector Volume +/
Change
12-Month Period Ending
Q3 2015 Q2 2015 Q3 2014 Q2 2015
Q3 2015
Q3 2014
Q3 2015
09-30-2015 09-30-2014 +/
Change
Agriculture, Forestry, Fishing and Hunting 1 1 1 2 1 1
Domestic 1 1 1 2 1 1
Cross-Border
Mining and Oil and Gas Extraction 1 7 1 -6 17 6 11
Domestic 1 7 1 -6 17 6 11
Cross-Border
Utilities
Domestic
Cross-Border
Construction 1 -1 3 5 -2
Domestic 1 -1 3 5 -2
Cross-Border
Manufacturing 3 2 -3 -2 4 6 -2
Domestic 3 2 -3 -2 4 6 -2
Cross-Border
Wholesale Trade 1 -1 1 1
Domestic 1 -1 1 1
Cross-Border
Retail Trade 1 1 1 3 1 2
Domestic 1 1 1 3 1 2
Cross-Border
Transportation and Warehousing 1 1 1 1 1
Domestic 1 1 1 1 1
Cross-Border
Information and Cultural Industries 1 -1 1 1
Domestic 1 -1 1 1
Cross-Border
Finance and Insurance 1 1 -1 -1 2 4 -2
Domestic 1 1 -1 -1 2 4 -2
Cross-Border
Real Estate, Rental and Leasing 3 -3
Domestic 3 -3
Cross-Border
Professional, Scientific and Technical Services 1 -1 2 1 1
Domestic 1 -1 2 1 1
Cross-Border
Management of Companies and Enterprises 1 -1
Domestic 1 -1
Cross-Border
Administrative and Support, Waste Management and Remediation Services 1 -1 1 1
Domestic 1 -1 1 1
Cross-Border
Educational Services
Domestic
Cross-Border
Health Care and Social Assistance
Domestic
Cross-Border
Arts, Entertainment and Recreation 1 -1
Domestic 1 -1
Cross-Border
Accommodation and Food Services 1 1
Domestic 1 1
Cross-Border
Other Services (except Public Administration) 1 1
Domestic 1 1
Cross-Border
Public Administration
Domestic
Cross-Border
Canada 4 14 7 -10 -3 39 32 7
Domestic 4 14 7 -10 -3 39 32 7
Cross-Border