Annual Business Insolvency Rates by Census Metropolitan Area

(Per 1,000 Businesses)

Annual Business Insolvency Rates by Census Metropolitan Area—2010–2011
  Province Rate 2010 2011
St. John's N.L. Insolvency 0.4 0.8
Bankruptcy 0.4 0.8
Proposal 0.0 0.0
Halifax N.S. Insolvency 4.0 2.7
Bankruptcy 3.3 2.3
Proposal 0.7 0.4
Saint John N.B. Insolvency 0.6 0.9
Bankruptcy 0.5 0.4
Proposal 0.2 0.5
Saguenay Que. Insolvency 3.0 3.0
Bankruptcy 2.3 2.6
Proposal 0.8 0.4
Québec Que. Insolvency 4.0 4.0
Bankruptcy 3.1 2.9
Proposal 1.0 1.1
Sherbrooke Que. Insolvency 2.5 2.1
Bankruptcy 1.9 1.5
Proposal 0.6 0.6
Trois-Rivières Que. Insolvency 4.6 4.9
Bankruptcy 2.7 3.8
Proposal 1.9 1.0
Montréal Que. Insolvency 5.3 4.9
Bankruptcy 3.8 3.7
Proposal 1.5 1.2
Ottawa - Gatineau Ont./Que. Insolvency 2.3 2.4
Bankruptcy 1.8 1.6
Proposal 0.5 0.8
  Province Rate 2010 2011
Kingston Ont. Insolvency 2.1 1.5
Bankruptcy 1.9 1.1
Proposal 0.1 0.4
Oshawa Ont. Insolvency 4.2 2.5
Bankruptcy 3.7 2.4
Proposal 0.5 0.1
Toronto Ont. Insolvency 2.0 1.8
Bankruptcy 1.6 1.4
Proposal 0.4 0.4
Hamilton Ont. Insolvency 2.7 1.8
Bankruptcy 2.2 1.4
Proposal 0.5 0.4
St. Catharines - Niagara Ont. Insolvency 3.6 2.3
Bankruptcy 3.1 2.1
Proposal 0.5 0.2
Kitchener Ont. Insolvency 1.7 1.4
Bankruptcy 1.4 1.1
Proposal 0.2 0.3
London Ont. Insolvency 1.6 1.1
Bankruptcy 1.2 0.9
Proposal 0.4 0.2
Windsor Ont. Insolvency 2.3 1.8
Bankruptcy 2.0 1.5
Proposal 0.3 0.3
  Province Rate 2010 2011
Greater Sudbury Ont. Insolvency 0.9 0.6
Bankruptcy 0.9 0.4
Proposal 0.0 0.3
Thunder Bay Ont. Insolvency 1.8 3.0
Bankruptcy 1.3 2.9
Proposal 0.5 0.2
Winnipeg Man. Insolvency 0.8 0.8
Bankruptcy 0.6 0.7
Proposal 0.2 0.1
Regina Sask. Insolvency 2.9 2.7
Bankruptcy 1.8 1.9
Proposal 1.1 0.8
Saskatoon Sask. Insolvency 1.7 1.5
Bankruptcy 1.4 1.2
Proposal 0.3 0.3
Calgary Alta. Insolvency 1.2 1.0
Bankruptcy 1.0 0.8
Proposal 0.2 0.2
Edmonton Alta. Insolvency 1.3 1.1
Bankruptcy 1.0 0.8
Proposal 0.3 0.2
Abbotsford B.C. Insolvency 0.7 0.5
Bankruptcy 0.7 0.5
Proposal 0.0 0.0
Vancouver B.C. Insolvency 0.7 0.6
Bankruptcy 0.5 0.5
Proposal 0.2 0.1
Victoria B.C. Insolvency 1.0 1.0
Bankruptcy 0.9 0.8
Proposal 0.2 0.2

Annual Business Insolvency Rates by CMA — 2000–2009
  Province Rate 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009
St. John's N.L. Insolvency 5.0 3.2 2.3 2.6 1.7 1.9 1.4 2.1 0.8 1.1
Bankruptcy 5.0 3.2 2.2 2.3 1.6 1.8 1.4 2.0 0.7 1.1
Proposal 0.0 0.0 0.1 0.3 0.1 0.1 0.0 0.1 0.1 0.0
Halifax N.S. Insolvency 9.4 9.1 6.3 6.2 6.0 7.2 4.9 4.5 3.7 3.3
Bankruptcy 8.0 7.9 5.7 5.8 5.4 6.6 4.5 4.0 3.1 2.8
Proposal 1.4 1.2 0.6 0.4 0.6 0.6 0.4 0.4 0.6 0.4
Saint John N.B. Insolvency 4.2 6.4 5.4 5.4 6.6 5.8 2.6 2.0 3.5 1.9
Bankruptcy 3.7 4.8 4.9 4.3 4.7 4.8 1.7 1.3 1.5 0.9
Proposal 0.5 1.6 0.5 1.1 1.8 1.0 1.0 0.8 2.0 0.9
Saguenay Que. Insolvency 15.4 10.9 11.4 9.3 9.1 5.2 5.7 7.8 6.0 3.3
Bankruptcy 11.1 8.2 7.5 6.6 6.9 3.7 4.4 6.8 5.7 2.6
Proposal 4.3 2.7 3.9 2.8 2.2 1.4 1.3 1.0 0.3 0.8
Québec Que. Insolvency 10.5 9.5 7.9 7.6 6.4 7.0 7.3 5.9 6.3 5.1
Bankruptcy 7.6 6.7 4.8 5.5 4.7 5.1 5.5 4.4 4.6 3.2
Proposal 2.9 2.8 3.0 2.1 1.8 1.9 1.8 1.5 1.7 1.9
Sherbrooke Que. Insolvency 7.3 5.8 4.9 4.2 3.4 2.5 4.5 6.5 4.6 4.8
Bankruptcy 6.6 4.9 4.1 3.5 3.1 2.3 3.6 5.5 3.9 4.0
Proposal 0.7 0.9 0.8 0.8 0.3 0.2 0.9 1.0 0.7 0.7
Trois-Rivières Que. Insolvency 11.4 10.6 10.2 9.2 7.3 8.8 9.0 5.9 7.5 7.5
Bankruptcy 9.1 8.6 7.6 6.8 6.0 7.2 7.4 4.5 5.7 5.5
Proposal 2.3 2.0 2.5 2.4 1.3 1.6 1.6 1.5 1.8 1.9
Montréal Que. Insolvency 6.4 5.9 5.2 4.9 4.3 4.4 4.7 5.0 5.9 6.3
Bankruptcy 5.2 4.8 4.0 3.7 3.3 3.4 3.8 4.0 4.8 4.8
Proposal 1.2 1.2 1.2 1.2 1.0 1.0 0.9 0.9 1.1 1.5
Ottawa - Gatineau Ont./Que. Insolvency 6.7 6.3 5.4 5.7 5.1 5.9 4.5 4.0 4.1 3.4
Bankruptcy 5.2 4.8 3.9 4.1 3.8 4.2 3.4 3.4 3.2 2.6
Proposal 1.5 1.5 1.5 1.6 1.3 1.7 1.1 0.6 0.9 0.8
  Province Rate 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009
Kingston Ont. Insolvency 5.8 5.7 4.4 4.5 2.9 5.3 5.1 4.0 3.4 3.8
Bankruptcy 5.5 4.9 4.0 4.2 2.6 4.4 4.2 3.6 3.1 3.5
Proposal 0.3 0.8 0.4 0.2 0.2 0.9 0.8 0.3 0.2 0.4
Oshawa Ont. Insolvency 7.5 6.8 6.4 4.7 5.1 4.8 3.7 4.3 4.6 5.9
Bankruptcy 5.8 5.4 5.5 3.9 4.2 4.2 3.2 3.9 4.0 5.6
Proposal 1.6 1.4 0.9 0.8 0.9 0.6 0.5 0.4 0.7 0.3
Toronto Ont. Insolvency 3.9 4.5 3.6 3.5 3.0 3.2 3.1 2.9 2.9 2.8
Bankruptcy 3.1 3.7 3.0 2.8 2.4 2.6 2.6 2.4 2.4 2.4
Proposal 0.7 0.8 0.7 0.7 0.6 0.6 0.5 0.5 0.5 0.4
Hamilton Ont. Insolvency 6.0 5.7 5.4 6.0 4.5 5.0 4.0 4.5 3.9 3.4
Bankruptcy 5.3 4.8 4.4 4.5 3.5 4.1 3.4 3.8 3.5 3.1
Proposal 0.7 0.9 0.9 1.5 1.0 0.9 0.6 0.6 0.4 0.3
St. Catharines - Niagara Ont. Insolvency 7.2 7.1 6.2 4.7 5.0 5.7 4.0 4.7 4.1 4.2
Bankruptcy 6.3 6.0 5.2 4.0 4.1 4.6 3.6 4.1 3.6 3.7
Proposal 0.9 1.0 1.0 0.7 0.9 1.0 0.4 0.6 0.5 0.5
Kitchener Ont. Insolvency 4.9 4.8 5.3 4.3 3.2 3.4 3.7 3.0 3.1 3.2
Bankruptcy 4.2 4.0 4.5 3.5 2.7 2.7 3.3 2.4 2.5 2.6
Proposal 0.7 0.8 0.8 0.8 0.5 0.8 0.4 0.6 0.6 0.6
London Ont. Insolvency 6.6 6.9 5.9 5.1 5.3 5.4 5.6 3.6 2.7 2.5
Bankruptcy 5.7 6.0 5.1 4.4 4.6 4.6 4.8 2.8 2.6 2.1
Proposal 0.9 0.9 0.8 0.7 0.7 0.8 0.8 0.8 0.1 0.4
Windsor Ont. Insolvency 7.4 5.4 5.0 4.8 3.2 5.3 4.6 4.1 3.7 2.7
Bankruptcy 6.7 4.9 4.5 4.3 3.0 5.0 4.5 4.0 2.4 2.6
Proposal 0.6 0.5 0.5 0.6 0.2 0.3 0.1 0.2 1.3 0.1
  Province Rate 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009
Greater Sudbury Ont. Insolvency 6.7 7.9 4.7 6.3 4.4 2.3 4.1 3.3 3.1 3.0
Bankruptcy 6.2 7.6 4.4 5.6 4.0 2.1 3.6 2.7 2.6 2.7
Proposal 0.5 0.3 0.3 0.7 0.5 0.1 0.5 0.6 0.5 0.3
Thunder Bay Ont. Insolvency 6.4 5.2 6.8 4.3 4.6 6.0 5.5 5.1 2.7 4.3
Bankruptcy 6.3 4.9 6.6 4.1 4.6 5.5 4.9 4.6 2.7 4.2
Proposal 0.2 0.3 0.2 0.1 0.0 0.4 0.6 0.6 0.0 0.2
Winnipeg Man. Insolvency 3.9 4.7 3.9 3.4 2.6 2.1 2.2 1.2 1.1 0.9
Bankruptcy 3.6 4.2 3.4 2.8 2.1 1.6 1.8 1.0 1.0 0.6
Proposal 0.3 0.4 0.5 0.5 0.5 0.5 0.4 0.1 0.1 0.3
Regina Sask. Insolvency 6.0 6.1 6.5 7.0 6.1 6.2 5.6 4.4 2.5 3.8
Bankruptcy 5.2 5.0 5.5 5.7 4.8 4.8 4.0 3.4 1.8 2.8
Proposal 0.8 1.1 1.0 1.3 1.3 1.4 1.6 1.0 0.7 1.0
Saskatoon Sask. Insolvency 8.5 7.4 5.3 6.3 5.9 6.7 5.1 2.6 2.7 2.4
Bankruptcy 7.8 6.4 4.7 5.7 5.2 4.8 4.1 1.9 1.7 2.0
Proposal 0.8 1.0 0.6 0.6 0.7 1.9 1.0 0.6 1.0 0.4
Calgary Alta. Insolvency 7.2 7.4 8.6 6.6 6.3 4.7 3.1 2.0 1.7 1.6
Bankruptcy 6.4 6.4 7.4 5.7 5.1 3.8 2.4 1.6 1.5 1.3
Proposal 0.9 1.0 1.2 0.8 1.1 0.9 0.8 0.4 0.2 0.3
Edmonton Alta. Insolvency 7.6 7.4 7.0 5.9 5.7 4.7 2.4 1.4 1.2 1.2
Bankruptcy 6.8 6.2 5.9 4.9 4.7 3.7 1.9 1.0 1.0 0.9
Proposal 0.8 1.2 1.0 1.0 1.0 0.9 0.5 0.5 0.2 0.3
Abbotsford B.C. Insolvency 5.3 7.9 5.3 4.4 3.6 2.8 1.9 0.8 1.3 0.9
Bankruptcy 4.8 7.3 4.6 4.0 3.1 2.7 1.7 0.7 1.1 0.8
Proposal 0.5 0.6 0.7 0.4 0.6 0.1 0.2 0.1 0.2 0.1
Vancouver B.C. Insolvency 3.1 3.3 3.4 2.8 2.6 2.1 1.4 1.3 1.0 1.1
Bankruptcy 2.3 2.6 2.7 2.2 2.1 1.7 1.2 1.0 0.8 1.0
Proposal 0.8 0.7 0.8 0.6 0.5 0.3 0.2 0.3 0.2 0.2
Victoria B.C. Insolvency 4.5 3.4 4.3 2.7 1.8 2.4 1.5 1.7 1.9 2.3
Bankruptcy 3.8 2.8 3.5 2.5 1.7 2.0 1.2 1.3 1.6 1.0
Proposal 0.8 0.5 0.8 0.2 0.1 0.4 0.3 0.4 0.3 1.3

Annual Business Insolvency Rates by CMA — 1998–1999
  Province Rate 1998 1999
St. John's N.L. Insolvency 6.6 4.6
Bankruptcy 6.3 4.3
Proposal 0.3 0.2
Halifax N.S. Insolvency 10.8 7.9
Bankruptcy 9.8 7.1
Proposal 1.0 0.8
Saint John N.B. Insolvency 7.1 5.8
Bankruptcy 6.5 5.5
Proposal 0.6 0.4
Saguenay Que. Insolvency 25.6 16.7
Bankruptcy 22.4 13.4
Proposal 3.2 3.3
Québec Que. Insolvency 20.5 11.7
Bankruptcy 17.0 9.1
Proposal 3.6 2.6
Sherbrooke Que. Insolvency 11.3 7.2
Bankruptcy 11.1 6.9
Proposal 0.1 0.3
Trois-Rivières Que. Insolvency 18.0 13.7
Bankruptcy 15.7 11.6
Proposal 2.2 2.1
Montréal Que. Insolvency 12.0 7.6
Bankruptcy 10.2 6.3
Proposal 1.8 1.2
Ottawa - Gatineau Ont./Que. Insolvency 13.0 10.2
Bankruptcy 9.4 7.5
Proposal 3.6 2.7
  Province Rate 1998 1999
Kingston Ont. Insolvency 6.5 6.0
Bankruptcy 6.3 5.4
Proposal 0.2 0.6
Oshawa Ont. Insolvency 10.7 6.3
Bankruptcy 9.6 5.6
Proposal 1.0 0.6
Toronto Ont. Insolvency 5.9 4.2
Bankruptcy 5.5 3.6
Proposal 0.5 0.6
Hamilton Ont. Insolvency 8.3 6.7
Bankruptcy 7.7 5.9
Proposal 0.7 0.8
St. Catharines - Niagara Ont. Insolvency 8.6 6.4
Bankruptcy 8.0 5.6
Proposal 0.6 0.8
Kitchener Ont. Insolvency 6.1 7.1
Bankruptcy 6.0 6.3
Proposal 0.1 0.8
London Ont. Insolvency 9.9 8.2
Bankruptcy 8.6 6.8
Proposal 1.3 1.4
Windsor Ont. Insolvency 6.6 6.9
Bankruptcy 6.0 5.5
Proposal 0.6 1.4
Greater Sudbury Ont. Insolvency 5.5 8.9
Bankruptcy 5.0 7.9
Proposal 0.5 1.0
  Province Rate 1998 1999
Thunder Bay Ont. Insolvency 5.8 6.0
Bankruptcy 5.8 5.8
Proposal 0.0 0.2
Winnipeg Man. Insolvency 5.8 3.7
Bankruptcy 5.4 3.4
Proposal 0.4 0.3
Regina Sask. Insolvency 11.0 6.9
Bankruptcy 9.4 6.1
Proposal 1.6 0.7
Saskatoon Sask. Insolvency 7.8 6.2
Bankruptcy 7.4 5.6
Proposal 0.4 0.6
Calgary Alta. Insolvency 9.3 7.1
Bankruptcy 8.2 6.1
Proposal 1.2 1.0
Edmonton Alta. Insolvency 7.6 7.6
Bankruptcy 6.8 6.7
Proposal 0.8 0.9
Abbotsford B.C. Insolvency 6.2 8.9
Bankruptcy 5.4 8.4
Proposal 0.8 0.5
Vancouver B.C. Insolvency 4.0 3.6
Bankruptcy 3.5 3.0
Proposal 0.6 0.6
Victoria B.C. Insolvency 5.0 3.7
Bankruptcy 4.2 3.4
Proposal 0.8 0.3