Insolvency Statistics in Canada—2015 (Table 6)

Table 6: Insolvencies Filed by Businesses by Economic Region (ER)
Province, territory or region Volume 2015
2015 2014 % Change Assets Declared at the Time of Filing ($) Liabilities Declared at the Time of Filing ($)
Newfoundland and Labrador 27 30 -10.0 3,366,691 18,987,245
Bankruptcies 21 27 -22.2 3,286,999 7,205,911
Proposals 6 3 100.0 79,692 11,781,334
Avalon Peninsula 17 20 -15.0 1,993,026 15,761,286
Bankruptcies 13 17 -23.5 1,984,726 4,404,552
Proposals 4 3 33.3 8,300 11,356,734
South Coast – Burin Peninsula 0 0 --  0 0
Bankruptcies 0 0 --  0 0
Proposals 0 0 --  0 0
West Coast – Northern Peninsula – Labrador 7 0 --  1,356,665 2,815,776
Bankruptcies 5 0 --  1,285,273 2,391,176
Proposals 2 0 --  71,392 424,600
Notre Dame – Central Bonavista Bay 3 10 -70.0 17,000 410,183
Bankruptcies 3 10 -70.0 17,000 410,183
Proposals 0 0 --  0 0
Prince Edward Island 16 18 -11.1 1,558,566 6,022,409
Bankruptcies 12 13 -7.7 1,474,820 5,317,689
Proposals 4 5 -20.0 83,746 704,720
Nova Scotia 93 77 20.8 34,140,149 109,612,111
Bankruptcies 69 52 32.7 32,870,443 88,132,139
Proposals 24 25 -4.0 1,269,706 21,479,972
Cape Breton 8 14 -42.9 11,797,969 28,138,306
Bankruptcies 5 9 -44.4 10,956,800 26,953,477
Proposals 3 5 -40.0 841,169 1,184,829
North Shore 14 6 133.3 3,424,483 7,429,145
Bankruptcies 14 5 180.0 3,022,959 6,709,975
Proposals 1 1 0.0 401,524 719,170
Annapolis Valley 8 10 -20.0 6,755,684 16,135,437
Bankruptcies 7 4 75.0 6,755,684 13,452,485
Proposals 1 6 -83.3 0 2,682,952
Southern 11 13 -15.4 1,257,553 10,348,160
Bankruptcies 7 7 0.0 1,248,448 2,118,704
Proposals 4 6 -33.3 9,105 8,229,456
Halifax 52 34 52.9 10,904,459 47,561,064
Bankruptcies 36 27 33.3 10,886,552 38,897,499
Proposals 15 7 114.3 17,907 8,663,565
New Brunswick 80 87 -8.0 22,605,984 77,511,373
Bankruptcies 59 68 -13.2 19,211,479 58,089,148
Proposals 21 19 10.5 3,394,505 19,422,225
Campbellton – Miramichi 19 21 -9.5 1,612,745 7,977,833
Bankruptcies 14 20 -30.0 1,315,119 3,020,734
Proposals 6 1 500.0 297,626 4,957,099
Moncton – Richibucto 28 24 16.7 8,962,101 30,899,859
Bankruptcies 22 18 22.2 6,343,028 19,893,015
Proposals 7 6 16.7 2,619,073 11,006,844
Saint John – St. Stephen 13 13 0.0 10,818,768 15,414,742
Bankruptcies 13 10 30.0 10,798,704 15,236,097
Proposals 1 3 -66.7 20,064 178,645
Fredericton – Oromocto 6 14 -57.1 162,467 19,327,944
Bankruptcies 5 10 -50.0 162,467 18,611,775
Proposals 2 4 -50.0 0 716,169
Edmundston – Woodstock 10 13 -23.1 1,049,902 3,890,993
Bankruptcies 6 9 -33.3 592,160 1,327,526
Proposals 5 4 25.0 457,742 2,563,467
Quebec 2,237 2,337 -4.3 261,316,988 1,721,742,295
Bankruptcies 1,684 1,690 -0.4 131,014,131 895,406,275
Proposals 553 647 -14.5 130,302,857 826,336,020
Gaspésie – Îles-de-la-Madeleine 15 20 -25.0 2,166,585 33,761,867
Bankruptcies 13 16 -18.8 2,017,514 33,358,798
Proposals 3 4 -25.0 149,071 403,069
Bas-Saint-Laurent 71 61 16.4 10,672,038 38,462,810
Bankruptcies 57 48 18.8 9,574,530 30,877,138
Proposals 13 13 0.0 1,097,508 7,585,672
Capitale-Nationale 193 191 1.0 14,153,122 67,553,046
Bankruptcies 150 146 2.7 13,153,516 37,819,948
Proposals 44 47 -6.4 999,606 29,733,098
Chaudière – Appalaches 91 109 -16.5 16,295,832 58,230,642
Bankruptcies 70 83 -15.7 14,109,799 26,723,535
Proposals 22 26 -15.4 2,186,033 31,507,107
Estrie 43 60 -28.3 3,898,554 38,038,661
Bankruptcies 33 46 -28.3 2,124,865 8,794,143
Proposals 11 14 -21.4 1,773,689 29,244,518
Centre-du-Québec 59 62 -4.8 2,464,592 28,170,533
Bankruptcies 45 51 -11.8 1,384,946 11,911,002
Proposals 14 11 27.3 1,079,646 16,259,531
Montérégie 381 424 -10.1 18,492,971 193,820,374
Bankruptcies 283 296 -4.4 16,283,337 111,674,398
Proposals 98 129 -24.0 2,209,634 82,145,976
Montréal 650 672 -3.3 125,861,487 852,548,729
Bankruptcies 463 484 -4.3 24,780,734 405,877,541
Proposals 186 189 -1.6 101,080,753 446,671,188
Laval 123 150 -18.0 4,272,583 59,374,321
Bankruptcies 96 111 -13.5 3,847,698 37,463,163
Proposals 27 39 -30.8 424,885 21,911,158
Lanaudière 119 138 -13.8 7,229,734 55,982,633
Bankruptcies 95 90 5.6 6,682,260 28,528,916
Proposals 25 48 -47.9 547,474 27,453,717
Laurentides 198 203 -2.5 8,566,004 123,219,773
Bankruptcies 149 153 -2.6 7,455,084 57,130,052
Proposals 48 50 -4.0 1,110,920 66,089,721
Outaouais 94 99 -5.1 8,631,751 50,839,408
Bankruptcies 71 67 6.0 7,738,438 45,588,831
Proposals 23 33 -30.3 893,313 5,250,577
Abitibi – Témiscamingue 25 22 13.6 1,321,915 5,026,700
Bankruptcies 22 18 22.2 1,121,848 4,739,177
Proposals 3 5 -40.0 200,067 287,523
Mauricie 78 50 56.0 21,584,083 40,738,646
Bankruptcies 58 39 48.7 6,170,619 17,224,263
Proposals 20 12 66.7 15,413,464 23,514,383
Saguenay – Lac-Saint-Jean 67 45 48.9 11,724,624 66,798,465
Bankruptcies 55 30 83.3 10,587,834 29,784,909
Proposals 12 17 -29.4 1,136,790 37,013,556
Côte-Nord 15 18 -16.7 3,160,566 6,404,027
Bankruptcies 15 10 50.0 3,160,565 6,046,813
Proposals 1 8 -87.5 1 357,214
Nord-du-Québec 10 3 233.3 820,544 2,771,659
Bankruptcies 8 2 300.0 820,542 1,863,648
Proposals 2 1 100.0 2 908,011
Ontario 1,141 1,090 4.7 223,939,288 3,167,610,154
Bankruptcies 884 835 5.9 178,534,654 2,826,654,641
Proposals 257 255 0.8 45,404,634 340,955,513
Ottawa 149 136 9.6 18,885,203 71,544,909
Bankruptcies 119 94 26.6 18,762,045 69,080,200
Proposals 31 41 -24.4 123,158 2,464,709
Kingston – Pembroke 28 29 -3.4 8,051,662 6,740,180
Bankruptcies 24 25 -4.0 7,805,690 6,253,858
Proposals 4 4 0.0 245,972 486,322
Muskoka – Kawarthas 11 9 22.2 133,076 1,311,141
Bankruptcies 11 8 37.5 133,076 1,311,141
Proposals 1 1 0.0 0 0
Toronto 583 542 7.6 142,037,595 2,684,017,317
Bankruptcies 457 411 11.2 109,390,273 2,492,087,318
Proposals 125 131 -4.6 32,647,322 191,929,999
Kitchener – Waterloo – Barrie 72 84 -14.3 11,426,970 95,179,522
Bankruptcies 56 65 -13.8 10,145,348 48,236,962
Proposals 16 19 -15.8 1,281,622 46,942,560
Hamilton – Niagara Peninsula 132 110 20.0 19,708,924 175,924,975
Bankruptcies 92 85 8.2 11,416,446 137,018,423
Proposals 41 25 64.0 8,292,478 38,906,552
London 38 38 0.0 7,218,478 76,644,910
Bankruptcies 28 28 0.0 7,138,323 21,542,257
Proposals 11 10 10.0 80,155 55,102,653
Windsor – Sarnia 35 49 -28.6 9,344,818 28,130,099
Bankruptcies 28 46 -39.1 8,617,014 27,065,932
Proposals 7 3 133.3 727,804 1,064,167
Stratford – Bruce Peninsula 19 23 -17.4 1,872,233 5,768,086
Bankruptcies 13 18 -27.8 1,134,357 4,355,504
Proposals 7 6 16.7 737,876 1,412,582
Northeast 59 52 13.5 4,575,062 19,254,831
Bankruptcies 50 43 16.3 3,363,507 16,872,738
Proposals 9 9 0.0 1,211,555 2,382,093
Northwest 10 15 -33.3 685,267 3,094,184
Bankruptcies 7 12 -41.7 628,576 2,830,308
Proposals 3 4 -25.0 56,691 263,876
Manitoba 38 57 -33.3 8,318,211 26,348,323
Bankruptcies 26 48 -45.8 4,602,489 20,995,329
Proposals 12 9 33.3 3,715,722 5,352,994
Southeast 8 6 33.3 1,964,906 14,887,450
Bankruptcies 7 6 16.7 1,940,406 14,405,874
Proposals 1 0 --  24,500 481,576
South Central 1 1 0.0 519,000 342,000
Bankruptcies 0 1 -100.0 0 0
Proposals 1 0 --  519,000 342,000
Southwest 7 14 -50.0 932,097 1,567,253
Bankruptcies 4 13 -69.2 664,969 1,148,093
Proposals 3 2 50.0 267,128 419,160
North Central 0 0 --  0 0
Bankruptcies 0 0 --  0 0
Proposals 0 0 --  0 0
Winnipeg 16 26 -38.5 2,611,335 6,914,988
Bankruptcies 11 23 -52.2 1,230,643 3,548,340
Proposals 5 4 25.0 1,380,692 3,366,648
Interlake 1 3 -66.7 285,017 1,127,142
Bankruptcies 1 3 -66.7 285,017 1,127,142
Proposals 0 0 --  0 0
Parklands 2 1 100.0 1,524,402 743,610
Bankruptcies 0 1 -100.0 0 0
Proposals 2 0 --  1,524,402 743,610
North 3 4 -25.0 481,454 765,879
Bankruptcies 3 1 200.0 481,454 765,879
Proposals 0 3 -100.0 0 0
Saskatchewan 119 124 -4.0 12,465,626 46,509,675
Bankruptcies 85 77 10.4 8,652,841 28,531,046
Proposals 34 47 -27.7 3,812,785 17,978,629
Regina – Moose Mountain 57 44 29.5 7,214,172 16,322,935
Bankruptcies 37 25 48.0 4,312,564 2,659,137
Proposals 20 20 0.0 2,901,608 13,663,798
Swift Current – Moose Jaw 10 12 -16.7 1,167,069 824,129
Bankruptcies 6 7 -14.3 1,088,744 297,370
Proposals 4 6 -33.3 78,325 526,759
Saskatoon – Biggar 22 30 -26.7 1,929,212 25,253,874
Bankruptcies 19 21 -9.5 1,680,354 23,925,231
Proposals 3 9 -66.7 248,858 1,328,643
Yorkton – Melville 11 15 -26.7 723,526 582,403
Bankruptcies 10 13 -23.1 713,812 549,102
Proposals 1 3 -66.7 9,714 33,301
Prince Albert 18 19 -5.3 1,431,648 3,526,333
Bankruptcies 12 12 0.0 857,368 1,100,205
Proposals 6 8 -25.0 574,280 2,426,128
Northern 0 0 --  0 0
Bankruptcies 0 0 --  0 0
Proposals 0 0 --  0 0
Alberta 134 141 -5.0 74,476,476 283,945,121
Bankruptcies 95 105 -9.5 71,383,315 251,021,969
Proposals 39 36 8.3 3,093,161 32,923,152
Lethbridge – Medicine Hat 3 6 -50.0 1,192,851 2,436,384
Bankruptcies 3 5 -40.0 1,192,851 2,436,384
Proposals 0 1 -100.0 0 0
Camrose – Drumheller 2 8 -75.0 7,547 1,208,067
Bankruptcies 1 7 -85.7 7,547 1,208,067
Proposals 1 1 0.0 0 0
Calgary 55 62 -11.3 53,186,793 198,963,831
Bankruptcies 43 46 -6.5 53,111,195 198,592,636
Proposals 12 16 -25.0 75,598 371,195
Banff – Jasper – Rocky Mountain House 1 2 -50.0 41,755 128,327
Bankruptcies 1 2 -50.0 41,755 128,327
Proposals 0 0 --  0 0
Red Deer 9 13 -30.8 2,033,029 8,704,289
Bankruptcies 6 8 -25.0 1,896,818 5,469,029
Proposals 3 5 -40.0 136,211 3,235,260
Edmonton 47 43 9.3 14,037,869 54,081,373
Bankruptcies 30 33 -9.1 11,762,278 31,008,201
Proposals 17 10 70.0 2,275,591 23,073,172
Athabasca – Grande Prairie – Peace River 14 3 366.7 3,870,507 18,078,625
Bankruptcies 9 0 --  3,264,746 11,835,101
Proposals 5 3 66.7 605,761 6,243,524
Wood Buffalo – Cold Lake 2 2 0.0 106,124 344,223
Bankruptcies 1 2 -50.0 106,124 344,223
Proposals 1 0 --  0 0
British Columbia 222 256 -13.3 38,476,145 486,635,393
Bankruptcies 154 200 -23.0 27,293,393 350,953,843
Proposals 68 56 21.4 11,182,752 135,681,550
Vancouver Island and Coast 37 44 -15.9 5,682,581 67,187,403
Bankruptcies 27 39 -30.8 5,629,704 66,232,748
Proposals 9 5 80.0 52,877 954,655
Lower Mainland – Southwest 146 168 -13.1 30,170,384 246,378,569
Bankruptcies 97 130 -25.4 19,626,607 112,513,678
Proposals 48 39 23.1 10,543,777 133,864,891
Thompson – Okanagan 26 30 -13.3 897,495 160,970,056
Bankruptcies 20 24 -16.7 733,586 160,710,491
Proposals 7 7 0.0 163,909 259,565
Kootenay 1 6 -83.3 6,371 127,681
Bankruptcies 0 3 -100.0 0 0
Proposals 1 3 -66.7 6,371 127,681
Cariboo 5 2 150.0 831,490 10,413,241
Bankruptcies 6 2 200.0 831,490 10,413,241
Proposals 0 0 --  0 0
North Coast 2 0 --  322,789 763,114
Bankruptcies 2 0 --  322,789 763,114
Proposals 0 0 --  0 0
Nechako 0 0 --  0 0
Bankruptcies 0 0 --  0 0
Proposals 0 0 --  0 0
Northeast 3 3 0.0 565,035 795,329
Bankruptcies 1 2 -50.0 149,217 320,571
Proposals 2 1 100.0 415,818 474,758
Northwest Territories 0 0 --  0 0
Bankruptcies 0 0 --  0 0
Proposals 0 0 --  0 0
Yukon 0 1 -100.0 0 0
Bankruptcies 0 0 --  0 0
Proposals 0 1 -100.0 0 0
Nunavut 0 1 -100.0 0 0
Bankruptcies 0 1 -100.0 0 0
Proposals 0 0 --  0 0
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