Insolvency Statistics in Canada—2013 (Table 1)

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Table 1: Total Insolvencies
ProvinceVolume2013
20132012% ChangeAssets Declared at the Time of Filing ($)Liabilities Declared at the Time of Filing ($)
Newfoundland and Labrador1,7101,769-3.3113,385,417188,919,656
Bankruptcies1,5451,626-5.083,347,066146,210,250
Proposals16514315.430,038,35142,709,406
Prince Edward Island6406350.845,709,91973,280,596
Bankruptcies458485-5.627,029,85851,931,042
Proposals18215021.318,680,06121,349,554
Nova Scotia4,7714,3888.7393,681,510600,049,639
Bankruptcies3,3793,3072.2230,956,602424,229,284
Proposals1,3921,08128.8162,724,908175,820,355
New Brunswick4,0373,9133.2334,385,898613,913,333
Bankruptcies2,9102,959-1.7200,528,369401,396,539
Proposals1,12795418.1133,857,529212,516,794
Quebec42,12737,94411.03,280,902,0896,223,038,955
Bankruptcies26,81225,8873.61,324,053,9033,785,999,956
Proposals15,31512,05727.01,956,848,1862,437,038,999
Ontario45,35448,742-7.04,081,850,5266,588,774,899
Bankruptcies22,73124,278-6.41,282,908,2883,487,275,213
Proposals22,62324,464-7.52,798,942,2383,101,499,686
Manitoba1,9191,926-0.4172,458,206275,291,040
Bankruptcies1,2691,312-3.384,551,729192,527,406
Proposals6506145.987,906,47782,763,634
Saskatchewan1,8051,860-3.0222,972,013263,372,148
Bankruptcies1,1061,0802.499,926,651153,753,460
Proposals699780-10.4123,045,362109,618,688
Alberta8,4529,514-11.21,320,747,1972,057,090,723
Bankruptcies4,8265,989-19.4596,797,1281,133,848,439
Proposals3,6263,5252.9723,950,069923,242,284
British Columbia12,05711,9640.81,522,455,7932,362,519,402
Bankruptcies7,3197,754-5.6758,817,0061,567,984,297
Proposals4,7384,21012.5763,638,787794,535,105
Northwest Territories5154-5.68,763,76814,713,484
Bankruptcies31296.94,265,5319,636,234
Proposals2025-20.04,498,2375,077,250
Yukon3138-18.4825,63513,680,840
Bankruptcies2224-8.3655,32413,168,669
Proposals914-35.7170,311512,171
Nunavut5425.091,968334,713
Bankruptcies31200.030,800214,112
Proposals23-33.361,168120,601
Canada122,959122,7510.211,498,229,93919,274,979,428
Bankruptcies72,41174,731-3.14,693,868,25511,368,174,901
Proposals50,54848,0205.36,804,361,6847,906,804,527