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Tables
- Table 1: Total CCAA Proceedings—Domestic
- Table 2: Total CCAA Proceedings—Cross-Border
- Table 3: Total CCAA Proceedings Filed by Province
- Table 4: CCAA Proceedings Filed by NAICS Economic Sector, Canada
Definitions
- CCAA:
- The Companies' Creditors Arrangement Act (CCAA) is a federal law allowing insolvent corporations that owe their creditors in excess of $5 million to restructure their business and financial affairs. CCAA proceedings are carried out under supervision of the courts.
- Cross-Border Proceedings:
- When a proceeding is filed in a foreign jurisdiction where the debtor company has the centre of its main interests, it is referred to as a foreign main proceeding. Proceedings brought before any other court would generally be referred to as foreign non-main proceedings.
- North American Industry Classification System (NAICS):
- The NAICS is an industry classification system that classifies economic units that have similar production processes in the same industry. This is a supply-based or production-oriented economic concept.
Type | Volume | +/ Change | 12-Month Period Ending | |||||
---|---|---|---|---|---|---|---|---|
Q4 2015 | Q3 2015 | Q4 2014 | Q3 2015 – Q4 2015 | Q4 2014 – Q4 2015 | 12-31-2015 | 12-31-2014 | +/ Change | |
Total Domestic Proceedings FiledFootnote1 | 8 | 4 | 7 | 4 | 1 | 40 | 25 | 15 |
Filing Affiliates | 24 | 6 | 16 | 18 | 8 | 81 | 38 | 43 |
Filed by Publicly-Traded Companies | 2 | 0 | 1 | 2 | 1 | 11 | 3 | 8 |
Filed by Privately-Held Companies | 6 | 4 | 6 | 2 | 0 | 29 | 22 | 7 |
Total Liabilities— Book Value ($ millions)Footnote2 | $3,079.926 | $232.254 | $3,456.009 | $2,847.672 | -$376.083 | $20,316.804 | $9,219.019 | $11,097.785 |
% of Secured Liabilities | 50.78% | 57.98% | 51.70% | 23.60% | 37.67% | |||
% of Unsecured Liabilities | 49.22% | 42.02% | 48.30% | 76.40% | 62.33% | |||
Total Assets— Book Value ($ millions) | $3,048.876 | $252.793 | $701.009 | $2,796.083 | $2,347.867 | $23,177.778 | $3,913.983 | $19,263.795 |
CCAA Cross-Border Proceedings are no longer included in the report.
Province/territory | Volume | +/ Change | 12-Month Period Ending | |||||
---|---|---|---|---|---|---|---|---|
Q4 2015 | Q3 2015 | Q4 2014 | Q3 2015 – Q4 2015 | Q4 2014 – Q4 2015 | 12-31-2015 | 12-31-2014 | +/ Change | |
Newfoundland and Labrador | ||||||||
Domestic | ||||||||
Cross-Border | ||||||||
Prince Edward Island | 1 | -1 | ||||||
Domestic | 1 | -1 | ||||||
Cross-Border | ||||||||
Nova Scotia | 1 | -1 | 1 | 1 | ||||
Domestic | 1 | -1 | 1 | 1 | ||||
Cross-Border | ||||||||
New Brunswick | 1 | 1 | ||||||
Domestic | 1 | 1 | ||||||
Cross-Border | ||||||||
Quebec | 3 | 2 | 3 | 1 | 11 | 6 | 5 | |
Domestic | 3 | 2 | 3 | 1 | 11 | 6 | 5 | |
Cross-Border | ||||||||
Ontario | 2 | 2 | 2 | 12 | 10 | 2 | ||
Domestic | 2 | 2 | 2 | 12 | 10 | 2 | ||
Cross-Border | ||||||||
Manitoba | ||||||||
Domestic | ||||||||
Cross-Border | ||||||||
Saskatchewan | 1 | 1 | ||||||
Domestic | 1 | 1 | ||||||
Cross-Border | ||||||||
Alberta | 1 | 1 | 1 | 8 | 3 | 5 | ||
Domestic | 1 | 1 | 1 | 8 | 3 | 5 | ||
Cross-Border | ||||||||
British Columbia | 2 | 1 | 2 | 1 | 6 | 5 | 1 | |
Domestic | 2 | 1 | 2 | 1 | 6 | 5 | 1 | |
Cross-Border | ||||||||
Northwest Territories | ||||||||
Domestic | ||||||||
Cross-Border | ||||||||
Yukon | ||||||||
Domestic | ||||||||
Cross-Border | ||||||||
Nunavut | ||||||||
Domestic | ||||||||
Cross-Border | ||||||||
Canada | 8 | 4 | 7 | 4 | 1 | 40 | 25 | 15 |
Domestic | 8 | 4 | 7 | 4 | 1 | 40 | 25 | 15 |
Cross-Border |
Sector | Volume | +/ Change | 12-Month Period Ending | |||||
---|---|---|---|---|---|---|---|---|
Q4 2015 | Q3 2015 | Q4 2014 | Q3 2015 – Q4 2015 | Q4 2014 – Q4 2015 | 12-31-2015 | 12-31-2014 | +/ Change | |
Agriculture, Forestry, Fishing and Hunting | 1 | 1 | -1 | -1 | 1 | 1 | ||
Domestic | 1 | 1 | -1 | -1 | 1 | 1 | ||
Cross-Border | ||||||||
Mining and Oil and Gas Extraction | 2 | 1 | 3 | 1 | -1 | 16 | 6 | 10 |
Domestic | 2 | 1 | 3 | 1 | -1 | 16 | 6 | 10 |
Cross-Border | ||||||||
Utilities | ||||||||
Domestic | ||||||||
Cross-Border | ||||||||
Construction | 1 | 1 | 1 | 4 | 3 | 1 | ||
Domestic | 1 | 1 | 1 | 4 | 3 | 1 | ||
Cross-Border | ||||||||
Manufacturing | 2 | 1 | 2 | 1 | 5 | 6 | -1 | |
Domestic | 2 | 1 | 2 | 1 | 5 | 6 | -1 | |
Cross-Border | ||||||||
Wholesale Trade | 1 | 1 | ||||||
Domestic | 1 | 1 | ||||||
Cross-Border | ||||||||
Retail Trade | 1 | 1 | 1 | 4 | 1 | 3 | ||
Domestic | 1 | 1 | 1 | 4 | 1 | 3 | ||
Cross-Border | ||||||||
Transportation and Warehousing | 1 | -1 | 1 | 1 | ||||
Domestic | 1 | -1 | 1 | 1 | ||||
Cross-Border | ||||||||
Information and Cultural Industries | 1 | 1 | ||||||
Domestic | 1 | 1 | ||||||
Cross-Border | ||||||||
Finance and Insurance | 2 | 3 | -1 | |||||
Domestic | 2 | 3 | -1 | |||||
Cross-Border | ||||||||
Real Estate, Rental and Leasing | 2 | -2 | ||||||
Domestic | 2 | -2 | ||||||
Cross-Border | ||||||||
Professional, Scientific and Technical Services | 1 | -1 | 1 | 2 | -1 | |||
Domestic | 1 | -1 | 1 | 2 | -1 | |||
Cross-Border | ||||||||
Management of Companies and Enterprises | ||||||||
Domestic | ||||||||
Cross-Border | ||||||||
Administrative and Support, Waste Management and Remediation Services | 1 | 1 | ||||||
Domestic | 1 | 1 | ||||||
Cross-Border | ||||||||
Educational Services | ||||||||
Domestic | ||||||||
Cross-Border | ||||||||
Health Care and Social Assistance | 1 | 1 | 1 | 1 | 1 | |||
Domestic | 1 | 1 | 1 | 1 | 1 | |||
Cross-Border | ||||||||
Arts, Entertainment and Recreation | 1 | 1 | 1 | 1 | 1 | |||
Domestic | 1 | 1 | 1 | 1 | 1 | |||
Cross-Border | ||||||||
Accommodation and Food Services | 1 | -1 | 1 | -1 | ||||
Domestic | 1 | -1 | 1 | -1 | ||||
Cross-Border | ||||||||
Other Services (except Public Administration) | 1 | 1 | ||||||
Domestic | 1 | 1 | ||||||
Cross-Border | ||||||||
Public Administration | ||||||||
Domestic | ||||||||
Cross-Border | ||||||||
Canada | 8 | 4 | 7 | 4 | 1 | 40 | 25 | 15 |
Domestic | 8 | 4 | 7 | 4 | 1 | 40 | 25 | 15 |
Cross-Border | ||||||||