Insolvency Statistics in Canada—2015 (Table 3) (br03541)

Table 3: Insolvencies Filed by Businesses
provinceVolume2015
20152014% ChangeAssets Declared at the Time of Filing ($)Liabilities Declared at the Time of Filing ($)
Newfoundland and Labrador2730-10.03,366,69118,987,245
Bankruptcies2127-22.23,286,9997,205,911
Proposals63100.079,69211,781,334
Prince Edward Island1618-11.11,558,5666,022,409
Bankruptcies1213-7.71,474,8205,317,689
Proposals45-20.083,746704,720
Nova Scotia937720.834,140,149109,612,111
Bankruptcies695232.732,870,44388,132,139
Proposals2425-4.01,269,70621,479,972
New Brunswick8087-8.022,605,98477,511,373
Bankruptcies5968-13.219,211,47958,089,148
Proposals211910.53,394,50519,422,225
Quebec2,2372,337-4.3261,316,9881,721,742,295
Bankruptcies1,6841,690-0.4131,014,131895,406,275
Proposals553647-14.5130,302,857826,336,020
Ontario1,1411,0904.7223,939,2883,167,610,154
Bankruptcies8848355.9178,534,6542,826,654,641
Proposals2572550.845,404,634340,955,513
Manitoba3857-33.38,318,21126,348,323
Bankruptcies2648-45.84,602,48920,995,329
Proposals12933.33,715,7225,352,994
Saskatchewan119124-4.012,465,62646,509,675
Bankruptcies857710.48,652,84128,531,046
Proposals3447-27.73,812,78517,978,629
Alberta134141-5.074,476,476283,945,121
Bankruptcies95105-9.571,383,315251,021,969
Proposals39368.33,093,16132,923,152
British Columbia222256-13.338,476,145486,635,393
Bankruptcies154200-23.027,293,393350,953,843
Proposals685621.411,182,752135,681,550
Northwest Territories00-- 00
Bankruptcies00-- 00
Proposals00-- 00
Yukon01-100.000
Bankruptcies00-- 00
Proposals01-100.000
Nunavut01-100.000
Bankruptcies01-100.000
Proposals00-- 00
Canada4,1074,219-2.7680,664,1245,944,924,099
Bankruptcies3,0893,116-0.9478,324,5644,532,307,990
Proposals1,0181,103-7.7202,339,5601,412,616,109