CCAA Statistics in Canada—Second Quarter of 2014

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Tables

Definitions

CCAA:
The Companies' Creditors Arrangement Act (CCAA) is a federal law allowing insolvent corporations that owe their creditors in excess of $5 million to restructure their business and financial affairs. CCAA proceedings are carried out under supervision of the courts.
Cross-Border Proceedings:
When a proceeding is filed in a foreign jurisdiction where the debtor company has the centre of its main interests, it is referred to as a foreign main proceeding. Proceedings brought before any other court would generally be referred to as foreign non-main proceedings.
North American Industry Classification System (NAICS):
The NAICS is an industry classification system that classifies economic units that have similar production processes in the same industry. This is a supply-based or production-oriented economic concept.
Table 1: Total CCAA Proceedings—Domestic
typeVolume+/−
Change
12-Month Period Ending
Q2 2014Q1 2014Q2 2013Q1 2014 –
Q2 2014
Q2 2013 –
Q2 2014
06-30-201406-30-2013+/−
Change
Total Domestic Proceedings FiledFootnote 17473030273
Filing Affiliates112419-301477572
Filed by Publicly-Traded Companies
20220963
Filed by Privately-Held Companies
5451021210
Total Liabilities—
Book Value ($millions)Footnote 2
$687.368$263.638$219.736$423.729$467.632$3,373.909$1,708.008$1,665.902
% of Secured Liabilities
60.77%83.06%62.26%45.16%60.19%
% of Unsecured Liabilities
39.23%16.94%37.74%54.84%39.81%
Total Assets— Book Value ($millions)$781.429$185.138$336.818$596.291$444.611$3,646.260$2,234.790$1,411.470
Table 2: Total CCAA Proceedings—Cross-Border
 Volume+/−
Change
12-Month Period Ending
Q2 2014Q1 2014Q2 2013Q1 2014 –
Q2 2014
Q2 2013 –
Q2 2014
06-30-201406-30-2013+/−
Change
Total Cross-Border ProceedingsFiledFootnote 30000002-2
Foreign Main Proceedings
0000002-2
Foreign Non-Main Proceedings
00000000
Total Liabilities—
Book Value ($millions)Footnote 4
$0.000$0.000$0.000$0.000$0.000$0.000$214.856Footnote 5-$214.856Footnote 5
Total Assets—
Book Value ($millions)
$0.000$0.000$0.000$0.000$0.000$0.000$205.025Footnote 5-$205.025Footnote 5
Table 3: Total CCAA Proceedings Filed by Province
Empty cellVolume+/−
Change
12-Month Period Ending
Q2 2014Q1 2014Q2 2013Q1 2014 –
Q2 2014
Q2 2013 –
Q2 2014
06-30-201406-30-2013+/−
Change
Newfoundland and Labrador
Domestic
Cross-Border
Prince Edward Island1-111
Domestic1-111
Cross-Border
Nova Scotia
Domestic
Cross-Border
New Brunswick1-1
Domestic1-1
Cross-Border
Quebec21-2-1633
Domestic21-2-1633
Cross-Border
Ontario21211091
Domestic21211082
Cross-Border1-1
Manitoba1-12-2
Domestic1-12-2
Cross-Border
Saskatchewan
Domestic
Cross-Border
Alberta222511-6
Domestic222511-6
Cross-Border
British Columbia3132835
Domestic3132826
Cross-Border1-1
Northwest Territories
Domestic
Cross-Border
Yukon
Domestic
Cross-Border
Nunavut
Domestic
Cross-Border
Canada7473030291
Domestic7473030273
Cross-Border0000002-2
Table 4: CCAA Proceedings Filed by NAICS Economic Sector, CanadaFootnote 6
SectorVolume+/−
Change
12-Month Period Ending
Q2 2014Q1 2014Q2 2013Q1 2014
Q2 2014
Q2 2013
Q2 2014
06-30-201406-30-2013+/−
Change
Agriculture, Forestry, Fishing and Hunting110
Domestic110
Cross-Border
Mining and Oil and Gas Extraction222862
Domestic222862
Cross-Border
Utilities
Domestic
Cross-Border
Construction22257-2
Domestic22257-2
Cross-Border
Manufacturing211256-1
Domestic2112550
Cross-Border1-1
Wholesale Trade11
Domestic11
Cross-Border
Retail Trade1-13-3
Domestic1-13-3
Cross-Border
Transportation and Warehousing211
Domestic211
Cross-Border
Information and Cultural Industries12-1
Domestic110
Cross-Border1-1
Finance and Insurance11133
Domestic11133
Cross-Border
Real Estate, Rental and Leasing2-233
Domestic2-233
Cross-Border
Professional, Scientific and Technical Services1-11-1
Domestic1-11-1
Cross-Border
Management of Companies and Enterprises12-1
Domestic12-1
Cross-Border
Administrative and Support, Waste Management and Remediation Services
Domestic
Cross-Border
Educational Services
Domestic
Cross-Border
Health Care and Social Assistance
Domestic
Cross-Border
Arts, Entertainment and Recreation110
Domestic110
Cross-Border
Accommodation and Food Services
Domestic
Cross-Border
Other Services (except Public Administration)1-11-1
Domestic1-11-1
Cross-Border
Public Administration
Domestic
Cross-Border
Canada7473031310
Domestic7473031292
Cross-Border0000002-2