Insolvency Statistics in Canada—2014
(Tables 9 to 11)

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Table 9: Receiverships
provinceVolumeDeclared Assets ($)
2014
20142013% Change
Newfoundland and Labrador47-42.91,125,000
Court appointed10-- 800,000
Privately appointed37-57.1325,000
Prince Edward Island330.03,000
Court appointed20-- 2,000
Privately appointed13-66.71,000
Nova Scotia2227-18.537,936,820
Court appointed550.030,065,965
Privately appointed1722-22.77,870,855
New Brunswick1317-23.510,592,889
Court appointed02-100.00
Privately appointed1315-13.310,592,889
Quebec857414.9292,239,802
Court appointed836038.3290,568,265
Privately appointed214-85.71,671,537
Ontario298410-27.3573,164,216
Court appointed163246-33.7468,625,406
Privately appointed135164-17.7104,538,810
Manitoba7540.029,614,642
Court appointed40-- 27,415,451
Privately appointed35-40.02,199,191
Saskatchewan910-10.0105,939,115
Court appointed7540.0105,545,791
Privately appointed25-60.0393,324
Alberta4962-21.0529,056,380
Court appointed4147-12.8524,308,476
Privately appointed815-46.74,747,904
British Columbia7580-6.34,687,857
Court appointed3844-13.638,000
Privately appointed37362.84,649,857
Northwest Territories01-100.00
Court appointed01-100.00
Privately appointed00-- 0
Yukon00-- 0
Court appointed00-- 0
Privately appointed00-- 0
Nunavut00-- 0
Court appointed00-- 0
Privately appointed00-- 0
Canada565696-18.81,584,359,721
Court appointed344410-16.11,447,369,354
Privately appointed221286-22.7136,990,367
Table 10: Consolidation of All Files Closed in 2014
Province Number of Files Assets
($)
Liabilities
($)
Deficit
($)
Total Receipts
($)
Administrative Expenses
($)
Dividends
($)
Newfoundland and Labrador1,54582,033,882150,404,93868,371,05614,009,7986,899,0757,110,722
Bankruptcies1,42464,411,515116,818,60252,407,0878,669,2805,446,7703,222,510
Proposals12117,622,36633,586,33615,963,9705,340,5181,452,3063,888,212
Prince Edward Island63542,390,00076,514,17934,124,1794,037,1732,081,5731,955,600
Bankruptcies54828,527,03158,117,76029,590,7282,228,9541,581,566647,388
Proposals8713,862,96918,396,4194,533,4501,808,219500,0071,308,212
Nova Scotia4,543332,513,149518,217,800185,704,65131,717,67016,649,31415,068,356
Bankruptcies3,649229,781,300404,653,289174,871,98919,235,57312,772,3956,463,177
Proposals894102,731,849113,564,51110,832,66212,482,0973,876,9198,605,179
New Brunswick3,932338,974,5101,679,080,0781,340,105,56925,265,30014,613,92210,651,378
Bankruptcies3,227250,834,1921,547,940,2031,297,106,01115,423,58510,442,3374,981,248
Proposals70588,140,318131,139,87542,999,5589,841,7154,171,5855,670,130
Quebec36,6122,454,110,5705,219,244,4972,765,133,927349,360,979186,281,306163,079,673
Bankruptcies27,1051,200,032,9773,043,755,3281,843,722,351172,808,107113,492,64259,315,465
Proposals9,5071,254,077,5932,175,489,169921,411,576176,552,87272,788,664103,764,208
Ontario48,3634,598,271,5657,125,696,2762,527,424,711566,054,646223,931,212342,123,434
Bankruptcies27,4931,709,322,2503,842,142,6622,132,820,412247,047,361120,656,446126,390,915
Proposals20,8702,888,949,3153,283,553,613394,604,298319,007,285103,274,766215,732,519
Manitoba2,240172,887,528298,229,904125,342,37625,731,26711,483,88414,247,383
Bankruptcies1,618108,217,964228,717,971120,500,00715,156,9757,652,0887,504,887
Proposals62264,669,56469,511,9334,842,36910,574,2923,831,7976,742,496
Saskatchewan2,166411,673,819398,744,067-12,929,75225,016,6259,819,17815,197,446
Bankruptcies1,464308,598,835277,733,692-30,865,1439,304,6115,140,4584,164,154
Proposals702103,074,984121,010,37517,935,39115,712,0144,678,72111,033,293
Alberta9,3921,229,957,5901,998,104,240768,146,650114,163,59449,033,26665,130,328
Bankruptcies6,782794,915,5891,446,769,982651,854,39365,142,92634,051,60131,091,325
Proposals2,610435,042,001551,334,258116,292,25749,020,66814,981,66534,039,002
British Columbia11,7591,421,514,7743,031,006,8141,609,492,040115,042,36752,691,68562,350,683
Bankruptcies8,793916,760,7702,416,567,0081,499,806,23763,508,99736,443,72527,065,273
Proposals2,966504,754,004614,439,807109,685,80351,533,37016,247,96035,285,410
Northwest Territories517,217,9569,247,3192,029,363803,866456,823347,043
Bankruptcies292,121,9433,483,7191,361,776344,108203,975140,133
Proposals225,096,0135,763,600667,587459,758252,848206,910
Yukon341,051,0242,569,4681,518,443278,107127,680150,427
Bankruptcies28350,2691,908,8581,558,589191,405100,07491,331
Proposals6700,755660,609-40,14686,70227,60659,096
Nunavut611,6011,012,6721,001,071509,77595,950413,826
Bankruptcies511,600426,047414,447129,48934,39395,096
Proposals11586,625586,624380,28661,557318,729
Canada121,27811,092,607,96820,508,072,2529,415,464,2841,271,991,167574,164,869697,826,298
Bankruptcies82,1655,613,886,23513,389,035,1217,775,148,886619,191,372348,018,468271,172,904
Proposals39,1135,478,721,7337,119,037,1321,640,315,398652,799,795226,146,401426,653,394
Table 11: Consumer Debtors Profile
ProvinceDistribution of Insolvency Files (%)
Age Group (Years)Sex
18 to 2425 to 2930 to 3435 to 3940 to 4445 to 4950 to 5455 to 5960 to 6465 and olderWomenMen
Newfoundland and Labrador4.19.812.615.112.912.49.67.55.610.451.348.7
Prince Edward Island2.56.811.013.612.811.911.29.47.413.550.349.7
Nova Scotia2.36.510.813.113.513.111.29.37.412.850.749.3
New Brunswick2.46.910.814.114.512.611.99.27.210.550.649.4
Quebec4.38.011.613.112.712.811.69.46.210.245.654.4
Ontario2.16.711.212.913.813.913.19.97.19.447.852.2
Manitoba3.37.312.513.413.412.512.49.25.910.246.553.5
Saskatchewan2.47.212.313.012.513.812.79.86.39.947.352.7
Alberta2.37.012.814.414.913.111.59.06.48.545.854.2
British Columbia1.15.411.112.914.314.013.110.17.010.948.651.4
Northwest Territories2.04.18.214.318.46.118.410.26.112.244.955.1
Yukon0.010.315.42.615.412.812.810.310.310.348.751.3
Nunavut0.016.716.70.00.050.00.016.70.00.050.050.0
Canada2.97.111.513.213.513.312.39.66.710.047.252.8