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Insolvency Statistics in Canada—2011 (Table 3)
Table 3: Insolvencies Filed by Businesses
| Volume | 2011 | ||||
|---|---|---|---|---|---|
| 2011 | 2010 | % Change | Assets Declared at the Time of Filing ($) | Liabilities Declared at the Time of Filing ($) | |
| Newfoundland and Labrador | 26 | 23 | 13.0 | 749,539 | 10,286,152 |
| Bankruptcies | 24 | 21 | 14.3 | 732,225 | 5,131,239 |
| Proposals | 2 | 2 | 0.0 | 17,314 | 5,154,913 |
| Prince Edward Island | 17 | 22 | -22.7 | 804,893 | 7,763,945 |
| Bankruptcies | 15 | 16 | -6.3 | 633,263 | 7,468,742 |
| Proposals | 2 | 6 | -66.7 | 171,630 | 295,203 |
| Nova Scotia | 113 | 167 | -32.3 | 18,373,286 | 65,025,071 |
| Bankruptcies | 95 | 138 | -31.2 | 17,497,479 | 60,302,007 |
| Proposals | 18 | 29 | -37.9 | 875,807 | 4,723,064 |
| New Brunswick | 60 | 83 | -27.7 | 6,573,101 | 26,636,165 |
| Bankruptcies | 43 | 70 | -38.6 | 6,123,209 | 23,913,698 |
| Proposals | 17 | 13 | 30.8 | 449,892 | 2,722,467 |
| Quebec | 2,127 | 2,099 | 1.3 | 212,282,454 | 1,882,858,441 |
| Bankruptcies | 1,569 | 1,520 | 3.2 | 148,643,331 | 998,098,788 |
| Proposals | 558 | 579 | -3.6 | 63,639,123 | 884,759,653 |
| Ontario | 1,614 | 1,860 | -13.2 | 337,064,057 | 2,942,377,520 |
| Bankruptcies | 1,276 | 1,533 | -16.8 | 286,772,738 | 2,548,821,115 |
| Proposals | 338 | 327 | 3.4 | 50,291,319 | 393,556,405 |
| Manitoba | 74 | 78 | -5.1 | 13,282,881 | 75,943,745 |
| Bankruptcies | 60 | 68 | -11.8 | 9,945,549 | 72,695,405 |
| Proposals | 14 | 10 | 40.0 | 3,337,332 | 3,248,340 |
| Saskatchewan | 157 | 144 | 9.0 | 20,316,831 | 40,509,750 |
| Bankruptcies | 104 | 99 | 5.1 | 10,425,583 | 28,861,329 |
| Proposals | 53 | 45 | 17.8 | 9,891,248 | 11,648,421 |
| Alberta | 341 | 464 | -26.5 | 91,063,596 | 447,031,840 |
| Bankruptcies | 264 | 378 | -30.2 | 69,894,958 | 377,847,344 |
| Proposals | 77 | 86 | -10.5 | 21,168,638 | 69,184,496 |
| British Columbia | 243 | 283 | -14.1 | 164,377,935 | 665,499,285 |
| Bankruptcies | 192 | 229 | -16.2 | 157,715,166 | 654,491,848 |
| Proposals | 51 | 54 | -5.6 | 6,662,769 | 11,007,437 |
| Northwest Territories | 2 | 1 | 100.0 | 2 | 4,075,239 |
| Bankruptcies | 0 | 0 | -- | 0 | 0 |
| Proposals | 2 | 1 | 100.0 | 2 | 4,075,239 |
| Yukon | 1 | 2 | -50.0 | 500 | 133,000 |
| Bankruptcies | 1 | 0 | -- | 500 | 133,000 |
| Proposals | 0 | 2 | -100.0 | 0 | 0 |
| Nunavut | 0 | 0 | -- | 0 | 0 |
| Bankruptcies | 0 | 0 | -- | 0 | 0 |
| Proposals | 0 | 0 | -- | 0 | 0 |
| Canada | 4,775 | 5,226 | -8.6 | 864,889,075 | 6,168,140,153 |
| Bankruptcies | 3,643 | 4,072 | -10.5 | 708,384,001 | 4,777,764,515 |
| Proposals | 1,132 | 1,154 | -1.9 | 156,505,074 | 1,390,375,638 |
