Table 2: Insolvencies Filed by Consumers Province | Volume | 2016 |
2016 | 2015 | % Change | Assets Declared at the Time of Filing ($) | Liabilities Declared at the Time of Filing ($) |
Newfoundland and Labrador | 2,399 | 1,822 | 31.7 | 259,100,406 | 324,566,697 |
Bankruptcies | 1,552 | 1,498 | 3.6 | 115,386,300 | 173,100,240 |
Proposals | 847 | 324 | 161.4 | 143,714,106 | 151,466,457 |
Prince Edward Island | 802 | 806 | -0.5 | 58,732,003 | 88,378,315 |
Bankruptcies | 500 | 519 | -3.7 | 27,202,099 | 55,374,896 |
Proposals | 302 | 287 | 5.2 | 31,529,904 | 33,003,419 |
Nova Scotia | 5,948 | 5,232 | 13.7 | 471,219,650 | 650,606,095 |
Bankruptcies | 4,191 | 3,648 | 14.9 | 268,608,827 | 433,757,428 |
Proposals | 1,757 | 1,584 | 10.9 | 202,610,823 | 216,848,667 |
New Brunswick | 4,442 | 4,331 | 2.6 | 364,168,627 | 526,583,949 |
Bankruptcies | 2,904 | 2,814 | 3.2 | 179,242,810 | 325,472,403 |
Proposals | 1,538 | 1,517 | 1.4 | 184,925,817 | 201,111,546 |
Quebec | 43,009 | 43,705 | -1.6 | 3,312,605,608 | 4,252,499,635 |
Bankruptcies | 24,241 | 24,539 | -1.2 | 1,111,073,274 | 2,092,737,758 |
Proposals | 18,768 | 19,166 | -2.1 | 2,201,532,334 | 2,159,761,877 |
Ontario | 39,611 | 39,935 | -0.8 | 2,746,897,542 | 4,116,605,163 |
Bankruptcies | 16,904 | 17,958 | -5.9 | 677,386,320 | 1,776,089,697 |
Proposals | 22,707 | 21,977 | 3.3 | 2,069,511,222 | 2,340,515,466 |
Manitoba | 2,607 | 2,098 | 24.3 | 251,126,364 | 768,366,717 |
Bankruptcies | 1,448 | 1,264 | 14.6 | 96,596,340 | 613,873,648 |
Proposals | 1,159 | 834 | 39.0 | 154,530,024 | 154,493,069 |
Saskatchewan | 2,960 | 2,198 | 34.7 | 476,094,740 | 496,082,845 |
Bankruptcies | 1,421 | 1,155 | 23.0 | 164,397,732 | 219,857,462 |
Proposals | 1,539 | 1,043 | 47.6 | 311,697,008 | 276,225,383 |
Alberta | 13,170 | 9,810 | 34.3 | 2,046,075,594 | 2,564,679,113 |
Bankruptcies | 5,427 | 4,280 | 26.8 | 685,973,924 | 1,215,433,748 |
Proposals | 7,743 | 5,530 | 40.0 | 1,360,101,670 | 1,349,245,365 |
British Columbia | 10,806 | 11,580 | -6.7 | 815,212,107 | 1,260,070,996 |
Bankruptcies | 4,719 | 5,683 | -17.0 | 251,509,901 | 622,868,115 |
Proposals | 6,087 | 5,897 | 3.2 | 563,702,206 | 637,202,881 |
Northwest Territories | 60 | 52 | 15.4 | 7,189,558 | 10,401,834 |
Bankruptcies | 35 | 28 | 25.0 | 2,620,912 | 5,850,190 |
Proposals | 25 | 24 | 4.2 | 4,568,646 | 4,551,644 |
Yukon | 55 | 35 | 57.1 | 4,002,850 | 6,070,663 |
Bankruptcies | 27 | 18 | 50.0 | 1,476,934 | 2,685,597 |
Proposals | 28 | 17 | 64.7 | 2,525,916 | 3,385,066 |
Nunavut | 9 | 5 | 80.0 | 398,293 | 494,399 |
Bankruptcies | 3 | 2 | 50.0 | 205,451 | 394,900 |
Proposals | 6 | 3 | 100.0 | 192,842 | 99,499 |
Canada | 125,878 | 121,609 | 3.5 | 10,812,823,342 | 15,065,406,421 |
Bankruptcies | 63,372 | 63,406 | -0.1 | 3,581,680,824 | 7,537,496,082 |
Proposals | 62,506 | 58,203 | 7.4 | 7,231,142,518 | 7,527,910,339 |