Insolvency Statistics in Canada—2018
(Tables 9 to 11)

Table 9: Receiverships
province Volume Declared Assets ($) 2018
2018 2017 % Change
Newfoundland and Labrador 19 9 111.1 61,844,771
Court appointed 5 2 150.0 30,393,008
Privately appointed 14 7 100.0 31,451,763
Prince Edward Island 7 6 16.7 290,660,796
Court appointed 5 2 150.0 286,772,000
Privately appointed 2 4 -50.0 3,888,796
Nova Scotia 11 12 -8.3 15,904,599
Court appointed 2 3 -33.3 4,564,700
Privately appointed 9 9 0.0 11,339,899
New Brunswick 20 24 -16.7 45,275,607
Court appointed 5 2 150.0 15,837,047
Privately appointed 15 22 -31.8 29,438,560
Quebec 5 18 -72.2 1,002,001
Court appointed 5 14 -64.3 1,002,001
Privately appointed 0 4 -100.0 0
Ontario 211 164 28.7 2,359,854,031
Court appointed 140 84 66.7 1,936,570,121
Privately appointed 71 80 -11.3 423,283,910
Manitoba 7 14 -50.0 7,118,236
Court appointed 5 6 -16.7 6,583,908
Privately appointed 2 8 -75.0 534,328
Saskatchewan 8 13 -38.5 35,569,759
Court appointed 6 7 -14.3 35,512,156
Privately appointed 2 6 -66.7 57,603
Alberta 61 145 -57.9 1,464,426,359
Court appointed 59 137 -56.9 1,464,105,885
Privately appointed 2 8 -75.0 320,474
British Columbia 24 48 -50.0 1,247,200
Court appointed 17 32 -46.9 1,114,000
Privately appointed 7 16 -56.3 133,200
Northwest Territories 0 0 n/a 0
Court appointed 0 0 n/a 0
Privately appointed 0 0 n/a 0
Yukon 0 3 -100.0 0
Court appointed 0 3 -100.0 0
Privately appointed 0 0 n/a 0
Nunavut 0 0 n/a 0
Court appointed 0 0 n/a 0
Privately appointed 0 0 n/a 0
Canada 373 456 -18.2 4,282,903,359
Court appointed 249 292 -14.7 3,782,454,826
Privately appointed 124 164 -24.4 500,448,533

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Table 10: Consolidation of All Files Closed in 2018
Province Number of Files Assets ($) Liabilities ($) Deficit ($) Total Receipts ($) Administrative Expenses ($) Dividends ($)
Newfoundland and Labrador 2,034 181,752,324 438,939,325 257,187,001 20,616,568 12,513,791 8,102,776
Bankruptcies 1,612 115,033,000 344,777,324 229,744,325 15,648,628 10,480,776 5,167,853
Proposals 422 66,719,324 94,162,000 27,442,676 4,967,939 2,033,016 2,934,923
Prince Edward Island 758 57,956,883 118,246,100 60,289,217 6,202,557 3,051,875 3,150,682
Bankruptcies 508 27,488,177 72,655,279 45,167,102 2,978,246 1,991,665 986,581
Proposals 250 30,468,706 45,590,820 15,122,114 3,224,311 1,060,210 2,164,101
Nova Scotia 5,727 465,583,475 2,475,842,387 2,010,258,912 324,844,360 30,100,800 294,743,560
Bankruptcies 4,307 271,625,522 2,243,332,279 1,971,706,757 302,975,942 23,280,869 279,695,073
Proposals 1,420 193,957,953 232,510,108 38,552,155 21,868,418 6,819,931 15,048,487
New Brunswick 4,264 392,640,710 783,109,841 390,469,131 36,095,330 18,020,204 18,075,126
Bankruptcies 3,020 233,638,968 576,971,882 343,332,914 18,560,971 11,409,729 7,151,242
Proposals 1,244 159,001,742 206,137,958 47,136,216 17,534,358 6,610,475 10,923,884
Quebec 45,758 3,423,051,234 6,796,230,189 3,373,178,955 472,922,734 252,970,401 219,952,333
Bankruptcies 29,019 1,341,324,813 3,651,753,782 2,310,428,970 201,478,396 141,165,973 60,312,424
Proposals 16,739 2,081,726,421 3,144,476,407 1,062,749,986 271,444,337 111,804,428 159,639,909
Ontario 42,675 3,568,336,644 7,189,250,797 3,620,914,154 525,530,338 196,816,747 328,713,591
Bankruptcies 20,234 969,501,295 3,783,352,862 2,813,851,567 159,890,555 78,994,345 80,896,211
Proposals 22,441 2,598,835,349 3,405,897,935 807,062,586 365,639,783 117,822,402 247,817,381
Manitoba 2,424 239,909,336 447,046,547 207,137,211 29,165,462 11,958,436 17,207,026
Bankruptcies 1,629 120,468,065 242,147,199 121,679,135 15,796,750 8,132,754 7,663,996
Proposals 795 119,441,271 204,899,348 85,458,077 13,368,712 3,825,682 9,543,030
Saskatchewan 2,094 307,761,059 462,356,594 154,595,535 24,020,039 8,851,945 15,168,094
Bankruptcies 1,163 126,283,864 185,190,765 58,906,901 8,636,854 4,282,057 4,354,797
Proposals 931 181,477,195 277,165,829 95,688,634 15,383,185 4,569,888 10,813,297
Alberta 9,685 1,639,512,980 2,646,880,330 1,007,367,350 163,854,086 73,888,113 89,965,974
Bankruptcies 5,255 736,058,275 1,582,975,351 846,917,077 74,553,736 43,073,024 31,480,712
Proposals 4,430 903,454,705 1,063,904,978 160,450,273 89,300,351 30,815,089 58,485,262
British Columbia 10,214 1,171,626,291 3,104,451,684 1,932,825,393 183,092,553 74,162,170 108,930,384
Bankruptcies 5,354 472,791,846 1,336,000,066 863,208,220 68,913,803 41,228,259 27,685,544
Proposals 4,860 698,834,446 1,768,451,618 1,069,617,173 114,178,751 32,933,911 81,244,840
Northwest Territories 42 5,304,213 5,813,958 509,745 507,623 169,641 337,982
Bankruptcies 19 789,338 1,756,768 967,431 188,600 93,983 94,617
Proposals 23 4,514,876 4,057,190 -457,685 319,023 75,658 243,365
Yukon 44 3,121,442 5,156,653 2,035,211 505,160 261,572 243,588
Bankruptcies 29 1,874,281 3,572,302 1,698,021 218,738 164,951 53,787
Proposals 15 1,247,160 1,584,351 337,190 286,422 96,621 189,802
Nunavut 8 438,064 5,306,388 4,868,325 481,116 294,362 186,754
Bankruptcies 4 372,895 1,557,862 1,184,967 436,222 277,517 158,705
Proposals 4 65,169 3,748,526 3,683,357 44,894 16,846 28,048
Canada 125,727 11,456,994,653 24,478,630,792 13,021,636,139 1,787,837,925 683,060,056 1,104,777,870
Bankruptcies 72,153 4,417,250,336 14,026,043,724 9,608,793,387 870,277,442 364,575,900 505,701,541
Proposals 53,574 7,039,744,317 10,452,587,069 3,412,842,752 917,560,484 318,484,156 599,076,328

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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 2.7 7.5 11.8 13.9 15.0 13.5 11.0 9.2 6.3 9.1 48.4 51.6
Prince Edward Island 4.2 8.3 10.9 13.7 13.1 12.2 8.9 9.7 7.5 11.4 49.2 50.8
Nova Scotia 3.1 8.6 10.3 12.4 11.9 11.8 11.2 9.6 7.3 13.7 50.3 49.7
New Brunswick 3.5 9.3 11.7 12.0 13.1 11.6 9.5 9.2 7.2 12.9 48.8 51.2
Quebec 4.7 8.7 10.4 12.2 12.6 10.9 10.6 9.6 7.2 13.1 45.6 54.4
Ontario 3.5 8.6 12.1 12.6 12.1 11.7 11.0 9.8 7.0 11.5 48.4 51.6
Manitoba 3.3 8.5 12.3 13.3 13.5 11.5 10.5 9.3 6.1 11.8 48.1 51.9
Saskatchewan 1.9 5.5 11.6 14.7 14.7 12.9 11.1 9.6 6.8 11.3 48.1 51.9
Alberta 2.4 6.9 12.3 15.4 15.0 13.0 10.7 9.5 6.2 8.6 45.8 54.2
British Columbia 2.1 7.6 11.6 13.2 12.3 11.5 11.6 10.1 7.2 12.7 48.5 51.5
Northwest Territories 2.6 3.8 9.0 14.1 12.8 9.0 10.3 15.4 10.3 12.8 55.1 44.9
Yukon 0.0 5.7 25.7 17.1 14.3 8.6 2.9 2.9 8.6 14.3 45.7 54.3
Nunavut 0.0 0.0 33.3 0.0 66.7 0.0 0.0 0.0 0.0 0.0 0.0 100.0
Canada 3.6 8.2 11.4 13.0 12.8 11.6 10.8 9.7 7.0 11.9 47.3 52.7
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