Insolvency Statistics in Canada—2015
(Tables 9 to 11)

Table 9: Receiverships
province Volume Declared Assets ($)
2015
2015 2014 % Change
Newfoundland and Labrador 2 4 -50.0 284,250
Court appointed 0 1 -100.0 0
Privately appointed 2 3 -33.3 284,250
Prince Edward Island 4 3 33.3 3,300,566
Court appointed 0 2 -100.0 0
Privately appointed 4 1 300.0 3,300,566
Nova Scotia 26 22 18.2 62,756,320
Court appointed 4 5 -20.0 22,775,070
Privately appointed 22 17 29.4 39,981,250
New Brunswick 20 13 53.8 29,204,133
Court appointed 4 0 --  10,762,045
Privately appointed 16 13 23.1 18,442,088
Quebec 24 37 -35.1 73,069,468
Court appointed 21 35 -40.0 70,378,468
Privately appointed 3 2 50.0 2,691,000
Ontario 211 298 -29.2 432,074,682
Court appointed 91 163 -44.2 328,770,779
Privately appointed 120 135 -11.1 103,303,903
Manitoba 13 7 85.7 68,857,430
Court appointed 2 4 -50.0 33,860,656
Privately appointed 11 3 266.7 34,996,774
Saskatchewan 7 9 -22.2 127,274,070
Court appointed 7 7 0.0 127,274,070
Privately appointed 0 2 -100.0 0
Alberta 108 49 120.4 8,111,511,235
Court appointed 93 41 126.8 8,071,745,328
Privately appointed 15 8 87.5 39,765,907
British Columbia 50 75 -33.3 28,328,523
Court appointed 23 38 -39.5 9,456,676
Privately appointed 27 37 -27.0 18,871,847
Northwest Territories 0 0 --  0
Court appointed 0 0 --  0
Privately appointed 0 0 --  0
Yukon 0 0 --  0
Court appointed 0 0 --  0
Privately appointed 0 0 --  0
Nunavut 0 0 --  0
Court appointed 0 0 --  0
Privately appointed 0 0 --  0
Canada 465 517 -10.1 8,936,660,677
Court appointed 245 296 -17.2 8,675,023,092
Privately appointed 220 221 -0.5 261,637,585

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Table 10: Consolidation of All Files Closed in 2015
Province Number of Files Assets
($)
Liabilities
($)
Deficit
($)
Total Receipts
($)
Administrative Expenses
($)
Dividends
($)
Newfoundland and Labrador 1,423 90,950,062 148,711,350 57,761,288 9,946,141 5,515,727 4,430,414
Bankruptcies 1,285 70,852,786 126,880,329 56,027,543 8,060,093 4,936,519 3,123,575
Proposals 138 20,097,276 21,831,021 1,733,745 1,886,048 579,208 1,306,840
Prince Edward Island 588 39,733,721 69,333,895 29,600,175 3,982,963 2,066,617 1,916,347
Bankruptcies 476 27,829,876 54,459,846 26,629,970 2,207,363 1,513,478 693,885
Proposals 112 11,903,845 14,874,050 2,970,204 1,775,600 553,139 1,222,462
Nova Scotia 4,240 362,686,780 529,809,105 167,122,325 42,633,684 26,384,432 16,249,251
Bankruptcies 3,283 236,640,920 399,416,959 162,776,039 28,391,088 22,149,214 6,241,875
Proposals 957 126,045,860 130,392,146 4,346,286 14,242,595 4,235,219 10,007,376
New Brunswick 3,711 306,062,641 546,312,022 240,249,381 26,433,785 14,058,268 12,375,517
Bankruptcies 3,040 208,907,037 424,249,080 215,342,043 16,547,907 10,409,696 6,138,212
Proposals 671 97,155,604 122,062,942 24,907,338 9,885,878 3,648,572 6,237,305
Quebec 40,187 3,000,107,177 7,345,999,025 4,345,891,848 366,662,482 208,520,024 158,142,459
Bankruptcies 28,820 1,452,279,286 4,913,330,334 3,461,051,049 189,198,062 139,304,437 49,893,625
Proposals 11,367 1,547,827,891 2,432,668,690 884,840,799 177,464,421 69,215,587 108,248,834
Ontario 49,768 4,772,651,407 8,084,622,389 3,311,970,983 568,908,777 225,472,211 343,436,565
Bankruptcies 25,874 1,513,658,478 4,112,783,733 2,599,125,255 180,839,453 104,235,984 76,603,469
Proposals 23,894 3,258,992,928 3,971,838,656 712,845,728 388,069,324 121,236,227 266,833,096
Manitoba 2,125 163,270,943 246,041,798 82,770,855 25,129,713 10,145,839 14,983,874
Bankruptcies 1,443 84,379,729 165,378,918 80,999,189 13,866,456 7,001,039 6,865,417
Proposals 682 78,891,215 80,662,880 1,771,666 11,263,257 3,144,800 8,118,457
Saskatchewan 1,933 238,139,088 283,894,319 45,755,231 24,649,979 9,534,120 15,115,859
Bankruptcies 1,141 100,792,312 152,418,100 51,625,788 7,792,250 4,157,453 3,634,798
Proposals 792 137,346,776 131,476,219 -5,870,556 16,857,728 5,376,667 11,481,061
Alberta 8,823 1,328,251,259 2,005,034,528 676,783,269 123,650,155 49,035,399 74,614,756
Bankruptcies 5,725 644,927,458 1,176,278,163 531,350,705 62,943,347 31,294,024 31,649,323
Proposals 3,098 683,323,801 828,756,365 145,432,564 60,706,807 17,741,375 42,965,433
British Columbia 11,837 1,685,140,000 2,803,386,955 1,118,246,955 160,647,951 77,534,364 83,113,587
Bankruptcies 8,132 972,702,160 2,036,162,674 1,063,460,515 90,175,825 53,235,707 36,940,118
Proposals 3,705 712,437,840 767,224,281 54,786,440 70,472,127 24,298,658 46,173,469
Northwest Territories 43 6,124,635 11,493,317 5,368,682 630,166 223,456 406,710
Bankruptcies 31 5,327,657 10,257,131 4,929,474 382,732 157,122 225,610
Proposals 12 796,978 1,236,186 439,208 247,434 66,334 181,100
Yukon 30 5,127,702 15,677,804 10,550,103 541,620 164,687 376,933
Bankruptcies 15 1,444,774 1,650,383 205,608 86,129 55,460 30,669
Proposals 15 3,682,927 14,027,422 10,344,494 455,491 109,227 346,265
Nunavut 8 294,809 937,885 643,076 114,446 58,056 56,389
Bankruptcies 5 43,276 529,219 485,943 63,310 44,310 18,999
Proposals 3 251,533 408,666 157,133 51,136 13,746 37,390
Canada 124,716 11,998,540,222 22,091,254,392 10,092,714,170 1,353,931,861 628,713,201 725,218,661
Bankruptcies 79,270 5,319,785,749 13,573,794,869 8,254,009,120 600,554,016 378,494,442 222,059,574
Proposals 45,446 6,678,754,474 8,517,459,523 1,838,705,050 753,377,846 250,218,759 503,159,087

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Table 11: Consumer Debtors Profile
Province Distribution of Insolvency Files (%)
Age Group (Years) Sex
18 to 24 25 to 29 30 to 34 35 to 39 40 to 44 45 to 49 50 to 54 55 to 59 60 to 64 65 and older Women Men
Newfoundland and Labrador 4.3 8.7 13.1 15.0 13.2 12.2 9.5 8.0 5.5 10.5 49.6 50.4
Prince Edward Island 3.2 6.3 12.4 14.7 13.4 12.0 10.1 8.8 6.1 12.9 50.3 49.7
Nova Scotia 3.0 6.7 11.0 13.4 13.3 11.5 12.6 9.8 7.1 11.6 50.0 50.0
New Brunswick 3.5 6.9 11.6 12.7 13.7 11.4 11.3 8.9 7.9 12.0 48.6 51.4
Quebec 4.2 7.9 11.0 13.1 12.9 12.3 11.9 9.6 6.6 10.5 45.4 54.6
Ontario 2.6 6.8 11.0 12.8 13.5 12.8 13.3 10.0 7.0 10.2 47.2 52.8
Manitoba 3.6 8.0 10.5 14.7 13.6 12.5 11.6 9.7 6.7 9.0 44.9 55.1
Saskatchewan 2.5 6.7 12.9 15.1 14.9 11.5 10.9 8.5 6.6 10.4 46.5 53.5
Alberta 2.5 6.8 12.9 14.6 14.9 13.1 11.5 9.4 5.8 8.5 44.8 55.2
British Columbia 1.5 5.6 11.6 13.1 13.0 13.8 12.6 10.2 7.6 11.0 48.0 52.0
Northwest Territories 3.8 3.8 21.2 11.5 3.8 15.4 17.3 3.8 11.5 7.7 48.1 51.9
Yukon 0.0 2.9 11.4 11.4 14.3 8.6 17.1 14.3 5.7 14.3 48.6 51.4
Nunavut 0.0 60.0 20.0 0.0 20.0 0.0 0.0 0.0 0.0 0.0 40.0 60.0
Canada 3.1 7.2 11.3 13.2 13.4 12.6 12.3 9.7 6.8 10.4 46.6 53.4
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