CCAA Statistics - First Quarter of 2015

Tables

Definitions

CCAA:
The Companies' Creditors Arrangement Act (CCAA) is a federal law allowing insolvent corporations that owe their creditors in excess of $5 million to restructure their business and financial affairs. CCAA proceedings are carried out under supervision of the courts.
Cross-Border Proceedings:
When a proceeding is filed in a foreign jurisdiction where the debtor company has the centre of its main interests, it is referred to as a foreign main proceeding. Proceedings brought before any other court would generally be referred to as foreign non-main proceedings.
North American Industry Classification System (NAICS):
The NAICS is an industry classification system that classifies economic units that have similar production processes in the same industry. This is a supply-based or production-oriented economic concept.
Table 1: Total CCAA Proceedings—Domestic
Type Volume +/−
Change
12-Month Period Ending
Q1 2015 Q4 2014 Q1 2014 Q4 2014 –
Q1 2015
Q1 2014 –
Q1 2015
03-31-2015 03-31-2014 +/−
Change
Total Domestic Proceedings FiledFootnote1 14 7 4 7 10 35 30 5
Filing Affiliates
37 16 2 21 35 73 177 -104
Filed by Publicly-Traded Companies
3 1 0 2 3 6 9 -3
Filed by Privately-Held Companies
11 6 4 5 7 29 21 8
Total Liabilities—
Book Value ($ millions)Footnote2
$14,369.377 $3,456.009 $263.638 $10,913.368 $14,105.739 $23,324.757 $2,906.278 $20,418.480
% of Secured Liabilities
12.92% 51.70% 83.06% 21.91% 42.76%
% of Unsecured Liabilities
87.08% 48.30% 16.94% 78.09% 57.24%
Total Assets— Book Value ($ millions) $18,492.178 $701.009 $185.138 $17,791.168 $18,307.040 $22,221.023 $3,201.649 $19,019.374
Table 2: Total CCAA Proceedings—Cross-Border
Type Volume +/−
Change
12-Month Period Ending
Q1 2015 Q4 2014 Q1 2014 Q4 2014 –
Q1 2015
Q1 2014 –
Q1 2015
03-31-2015 03-31-2014 +/−
Change
Total Cross-Border Proceedings FiledFootnote3 0 0 0 0 0 0 0 0
Foreign Main Proceedings
0 0 0 0 0 0 0 0
Foreign Non-Main Proceedings
0 0 0 0 0 0 0 0
Total Liabilities—
Book Value ($ millions)Footnote4
$0.000 $0.000 $0.000 $0.000 $0.000 $0.000 $0.000 $0.000
Total Assets—
Book Value ($ millions)
$0.000 $0.000 $0.000 $0.000 $0.000 $0.000 $0.000 $0.000
Table 3: Total CCAA Proceedings Filed by Province
Type Volume +/−
Change
12-Month Period Ending
Q1 2015 Q4 2014 Q1 2014 Q4 2014 –
Q1 2015
Q1 2014 –
Q1 2015
03-31-2015 03-31-2014 +/−
Change
Newfoundland and Labrador
Domestic
Cross-Border
Prince Edward Island 1 -1 1 -1
Domestic 1 -1 1 -1
Cross-Border
Nova Scotia
Domestic
Cross-Border
New Brunswick
Domestic
Cross-Border
Quebec 2 3 2 -1 6 7 -1
Domestic 2 3 2 -1 6 7 -1
Cross-Border
Ontario 5 2 1 3 4 14 10 4
Domestic 5 2 1 3 4 14 10 4
Cross-Border
Manitoba 1 -1
Domestic 1 -1
Cross-Border
Saskatchewan
Domestic
Cross-Border
Alberta 4 1 3 4 7 5 2
Domestic 4 1 3 4 7 5 2
Cross-Border
British Columbia 3 1 2 3 8 6 2
Domestic 3 1 2 3 8 6 2
Cross-Border
Northwest Territories
Domestic
Cross-Border
Yukon
Domestic
Cross-Border
Nunavut
Domestic
Cross-Border
Canada 14 7 4 7 10 35 30 5
Domestic 14 7 4 7 10 35 30 5
Cross-Border
Table 4: CCAA Proceedings Filed by NAICS Economic Sector, CanadaFootnote 5
Sector Volume +/−
Change
12-Month Period Ending
Q1 2015 Q4 2014 Q1 2014 Q4 2014
Q1 2015
Q1 2014
Q1 2015
03-31-2015 03-31-2014 +/−
Change
Agriculture, Forestry, Fishing and Hunting 1 -1 1 1
Domestic 1 -1 1 1
Cross-Border
Mining and Oil and Gas Extraction 6 3 3 6 12 8 4
Domestic 6 3 3 6 12 8 4
Cross-Border
Utilities
Domestic
Cross-Border
Construction 3 3 3 6 5 1
Domestic 3 3 3 6 5 1
Cross-Border
Manufacturing 1 1 -1 -1 5 3 2
Domestic 1 1 -1 -1 5 3 2
Cross-Border
Wholesale Trade 1 -1
Domestic 1 -1
Cross-Border
Retail Trade 2 2 2 3 1 2
Domestic 2 2 2 3 1 2
Cross-Border
Transportation and Warehousing 2 -2
Domestic 2 -2
Cross-Border
Information and Cultural Industries 1 -1
Domestic 1 -1
Cross-Border
Finance and Insurance 1 1 1 3 2 1
Domestic 1 1 1 3 2 1
Cross-Border
Real Estate, Rental and Leasing 2 -2 3 -3
Domestic 2 -2 3 -3
Cross-Border
Professional, Scientific and Technical Services 1 1 1 3 1 2
Domestic 1 1 1 3 1 2
Cross-Border
Management of Companies and Enterprises 1 -1
Domestic 1 -1
Cross-Border
Administrative and Support, Waste Management and Remediation Services
Domestic
Cross-Border
Educational Services
Domestic
Cross-Border
Health Care and Social Assistance
Domestic
Cross-Border
Arts, Entertainment and Recreation 1 -1
Domestic 1 -1
Cross-Border
Accommodation and Food Services 1 -1 1 1
Domestic 1 -1 1 1
Cross-Border
Other Services (except Public Administration) 1 1 1 1 1
Domestic 1 1 1 1 1
Cross-Border
Public Administration
Domestic
Cross-Border
Canada 14 7 4 7 10 35 31 4
Domestic 14 7 4 7 10 35 31 4
Cross-Border
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