Insolvency Statistics in Canada—2013 (Table 3)

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Table 3: Insolvencies Filed by Businesses
ProvinceVolume2013
20132012% ChangeAssets Declared at the Time of Filing ($)Liabilities Declared at the Time of Filing ($)
Newfoundland and Labrador321968.49,794,95029,609,309
Bankruptcies211540.03,766,44511,047,825
Proposals114175.06,028,50518,561,484
Prince Edward Island231735.32,210,4196,956,830
Bankruptcies181338.51,693,7135,891,445
Proposals5425.0516,7061,065,385
Nova Scotia1111064.718,510,740107,731,336
Bankruptcies8486-2.317,393,83493,298,865
Proposals272035.01,116,90614,432,471
New Brunswick827017.128,485,876152,483,839
Bankruptcies645320.823,554,14183,337,305
Proposals18175.94,931,73569,146,534
Quebec2,1802,0198.0330,169,5722,396,001,583
Bankruptcies1,5911,4886.9274,133,2351,584,100,294
Proposals58953110.956,036,337811,901,289
Ontario1,2201,361-10.4215,949,7651,364,353,038
Bankruptcies9581,042-8.1165,317,7851,079,701,145
Proposals262319-17.950,631,980284,651,893
Manitoba674936.713,570,05361,261,622
Bankruptcies553652.811,968,05758,933,602
Proposals1213-7.71,601,9962,328,020
Saskatchewan115129-10.918,743,30434,261,689
Bankruptcies6879-13.99,551,85123,431,035
Proposals4750-6.09,191,45310,830,654
Alberta194312-37.8205,321,334409,692,605
Bankruptcies137230-40.480,754,042222,765,330
Proposals5782-30.5124,567,292186,927,275
British Columbia255268-4.9126,781,207298,824,706
Bankruptcies189192-1.6113,262,449272,284,508
Proposals6676-13.213,518,75826,540,198
Northwest Territories01-100.000
Bankruptcies00-- 00
Proposals01-100.000
Yukon21100.033,24910,871,073
Bankruptcies21100.033,24910,871,073
Proposals00-- 00
Nunavut01-100.000
Bankruptcies01-100.000
Proposals00-- 00
Canada4,2814,353-1.7969,570,4694,872,047,630
Bankruptcies3,1873,236-1.5701,428,8013,445,662,427
Proposals1,0941,117-2.1268,141,6681,426,385,203