Insolvency Statistics in Canada—2013 (Tables 9 to 11)

Table 9: Receiverships
Province Volume Declared Assets ($)
2013
2013 2012 % Change
Newfoundland and Labrador 7 2 250.0 24,478,056
Court appointed 0 1 -100.0 0
Privately appointed 7 1 600.0 24,478,056
Prince Edward Island 3 4 -25.0 563,518
Court appointed 0 0 --  0
Privately appointed 3 4 -25.0 563,518
Nova Scotia 27 20 35.0 65,394,616
Court appointed 5 4 25.0 1,979,846
Privately appointed 22 16 37.5 63,414,770
New Brunswick 17 32 -46.9 15,960,437
Court appointed 2 2 0.0 580,000
Privately appointed 15 30 -50.0 15,380,437
Quebec 34 39 -12.8 536,880,579
Court appointed 21 32 -34.4 92,560,281
Privately appointed 13 7 85.7 444,320,298
Ontario 410 285 43.9 643,343,161
Court appointed 246 137 79.6 555,405,750
Privately appointed 164 148 10.8 87,937,411
Manitoba 5 6 -16.7 2,848,358
Court appointed 0 1 -100.0 0
Privately appointed 5 5 0.0 2,848,358
Saskatchewan 10 17 -41.2 10,049,386
Court appointed 5 15 -66.7 8,648,884
Privately appointed 5 2 150.0 1,400,502
Alberta 62 58 6.9 325,410,299
Court appointed 47 46 2.2 312,246,034
Privately appointed 15 12 25.0 13,164,265
British Columbia 80 75 6.7 80,991,048
Court appointed 44 29 51.7 44,844,729
Privately appointed 36 46 -21.7 36,146,319
Northwest Territories 1 0 --  1,000
Court appointed 1 0 --  1,000
Privately appointed 0 0 --  0
Yukon 0 0 --  0
Court appointed 0 0 --  0
Privately appointed 0 0 --  0
Nunavut 0 0 --  0
Court appointed 0 0 --  0
Privately appointed 0 0 --  0
Canada 656 538 21.9 1,705,920,458
Court appointed 371 267 39.0 1,016,266,524
Privately appointed 285 271 5.2 689,653,934

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Table 10: Consolidation of All Files Closed in 2013
Province Number of Files Assets
($)
Liabilities
($)
Deficit
($)
Total Receipts
($)
Administrative Expenses
($)
Dividends
($)
Newfoundland and
Labrador
1,905 77,835,718 138,444,937 60,609,219 10,820,226 6,734,396 4,085,830
Bankruptcies 1,774 65,077,461 123,059,420 57,981,958 9,097,803 6,174,245 2,923,559
Proposals 131 12,758,256 15,385,517 2,627,261 1,722,423 560,151 1,162,271
Prince Edward Island 551 28,993,116 65,639,059 36,645,943 3,455,328 2,281,033 1,174,295
Bankruptcies 510 23,381,212 58,604,110 35,222,898 2,705,796 1,981,343 724,453
Proposals 41 5,611,903 7,034,949 1,423,045 749,532 299,689 449,842
Nova Scotia 4,391 349,905,596 498,384,710 148,479,114 33,103,898 18,107,942 14,995,956
Bankruptcies 3,584 262,249,968 401,069,631 138,819,663 20,514,830 12,698,609 7,816,220
Proposals 807 87,655,628 97,315,079 9,659,451 12,589,068 5,409,333 7,179,735
New Brunswick 3,519 277,545,787 466,611,436 189,065,650 37,801,097 22,750,687 15,050,410
Bankruptcies 2,974 190,675,641 354,266,070 163,590,429 12,971,062 9,043,803 3,927,258
Proposals 545 86,870,145 112,345,366 25,475,220 24,830,035 13,706,884 11,123,152
Quebec 36,215 2,391,229,720 6,311,749,170 3,920,519,450 371,506,298 193,716,606 177,789,692
Bankruptcies 27,768 1,267,399,847 3,522,599,146 2,255,199,298 218,916,348 124,981,769 93,934,579
Proposals 8,447 1,123,829,872 2,789,150,024 1,665,320,152 152,589,950 68,734,837 83,855,113
Ontario 51,095 4,895,238,460 10,136,263,580 5,241,025,120 614,791,123 265,235,868 349,555,255
Bankruptcies 33,776 2,456,734,360 6,856,964,334 4,400,229,974 254,114,437 157,978,586 96,135,851
Proposals 17,319 2,438,504,100 3,279,299,246 840,795,146 360,676,686 107,257,282 253,419,404
Manitoba 2,237 130,912,375 229,883,862 98,971,487 20,935,180 9,927,189 11,007,991
Bankruptcies 1,696 83,494,705 175,379,056 91,884,351 12,828,296 7,543,864 5,284,431
Proposals 541 47,417,670 54,504,806 7,087,136 8,106,885 2,383,325 5,723,560
Saskatchewan 2,074 208,013,771 279,803,163 71,789,392 24,636,556 9,805,755 14,830,800
Bankruptcies 1,365 102,602,833 159,436,488 56,833,655 10,226,763 5,179,458 5,047,305
Proposals 709 105,410,938 120,366,675 14,955,737 14,409,793 4,626,297 9,783,496
Alberta 10,366 1,337,768,623 2,248,902,568 911,133,944 114,758,865 52,733,579 62,025,286
Bankruptcies 8,137 984,182,267 1,759,953,001 775,770,734 73,811,660 39,096,427 34,715,234
Proposals 2,229 353,586,356 488,949,566 135,363,210 40,947,204 13,637,152 27,310,052
British Columbia 11,381 1,825,941,882 5,902,565,695 4,076,623,812 116,783,891 54,541,995 62,241,895
Bankruptcies 8,690 1,457,411,046 5,455,924,896 3,998,513,850 66,455,537 39,179,638 27,275,899
Proposals 2,691 368,530,836 446,640,798 78,109,962 50,328,354 15,362,357 34,965,997
Northwest Territories 40 4,662,204 9,833,734 5,171,530 659,440 307,695 351,746
Bankruptcies 26 1,971,092 3,885,717 1,914,625 391,883 149,519 242,365
Proposals 14 2,691,112 5,948,017 3,256,905 267,557 158,176 109,381
Yukon 39 2,686,818 47,927,373 45,240,554 364,417 197,925 166,492
Bankruptcies 36 1,906,816 14,999,253 13,092,436 347,229 187,821 159,408
Proposals 3 780,002 32,928,120 32,148,118 17,188 10,104 7,084
Nunavut 2 188,600 234,678 46,078 15,275 6,005 9,270
Bankruptcies 1 3,000 17,200 14,200 2,205 1,866 338
Proposals 1 185,600 217,478 31,878 13,071 4,139 8,932
Canada 123,815 11,530,922,670 26,336,243,964 14,805,321,294 1,349,631,594 636,346,675 713,284,918
Bankruptcies 90,337 6,897,090,250 18,886,158,322 11,989,068,072 682,383,849 404,196,949 278,186,900
Proposals 33,478 4,633,832,420 7,450,085,642 2,816,253,222 667,247,745 232,149,727 435,098,019
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Table 11: Consumer Debtors Profile
Province Distribution of Insolvency Files (%)
Age Group (Years) Sex
18 to 24 25 to 29 30 to 34 35 to 39 40 to 44 45 to 49 50 to 54 55 to 59 60 to 64 65 and older Women Men
Newfoundland and Labrador 3.2 9.9 14.2 14.4 13.5 11.6 10.3 7.4 6.2 9.2 49.9 50.1
Prince Edward Island 2.2 5.9 14.2 11.9 13.1 15.8 11.8 11.0 5.5 8.6 53.5 46.5
Nova Scotia 2.2 6.6 11.5 13.4 13.8 14.2 11.9 9.1 6.6 10.7 51.3 48.7
New Brunswick 2.3 7.6 12.4 14.0 13.5 13.2 12.4 8.6 7.1 8.9 49.7 50.3
Quebec 4.6 7.8 11.5 13.0 13.1 13.0 11.6 9.2 6.4 9.8 45.3 54.7
Ontario 2.0 6.9 11.0 13.1 14.1 14.2 13.2 9.7 6.8 9.1 48.3 51.7
Manitoba 3.1 7.4 13.0 13.2 14.0 13.6 11.1 9.6 5.4 9.6 48.0 52.0
Saskatchewan 2.5 6.9 12.0 13.6 12.4 13.9 13.0 9.2 6.4 10.0 47.3 52.7
Alberta 2.4 7.4 12.8 14.1 14.8 12.9 12.4 9.2 6.0 8.1 45.7 54.3
British Columbia 1.1 5.5 10.4 12.9 14.8 13.7 13.3 10.4 7.7 10.3 48.6 51.4
Northwest Territories 0.0 4.7 20.9 16.3 11.6 11.6 16.3 7.0 0.0 11.6 44.2 55.8
Yukon 0.0 0.0 11.1 22.2 3.7 11.1 18.5 14.8 7.4 11.1 70.4 29.6
Nunavut 0.0 0.0 0.0 40.0 20.0 0.0 40.0 0.0 0.0 0.0 80.0 20.0
Canada 2.9 7.1 11.4 13.2 13.8 13.6 12.5 9.5 6.6 9.5 47.4 52.6
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