Archived — Insolvency Statistics in Canada—2011 (Table 3)

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    Table 3: Insolvencies Filed by Businesses
    empty cell 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