Insolvency Statistics in Canada—2016
(Tables 9 to 11)

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Table 9: Receiverships
provinceVolumeDeclared Assets ($)
2016
20162015% Change
Newfoundland and Labrador72250.017,947,833
Court appointed40--15,102,108
Privately appointed3250.02,845,725
Prince Edward Island124200.07,938,233
Court appointed120--7,938,233
Privately appointed04-100.00
Nova Scotia1926-26.952,657,519
Court appointed34-25.037,455,384
Privately appointed1622-27.315,202,135
New Brunswick1720-15.069,611,057
Court appointed24-50.057,943,624
Privately appointed1516-6.311,667,433
Quebec7174-4.1129,522,224
Court appointed6771-5.6129,299,746
Privately appointed4333.3222,478
Ontario188211-10.9948,071,212
Court appointed1059115.4909,678,001
Privately appointed83120-30.838,393,211
Manitoba513-61.59,700,681
Court appointed12-50.079,260
Privately appointed411-63.69,621,421
Saskatchewan67-14.316,373,752
Court appointed47-42.916,171,689
Privately appointed20--202,063
Alberta13110821.31,771,465,597
Court appointed1119319.41,699,908,428
Privately appointed201533.371,557,169
British Columbia3650-28.087,914,383
Court appointed1623-30.474,093,770
Privately appointed2027-25.913,820,613
Northwest Territories00--0
Court appointed00--0
Privately appointed00--0
Yukon00--0
Court appointed00--0
Privately appointed00--0
Nunavut00--0
Court appointed00--0
Privately appointed00--0
Canada492515-4.53,111,202,491
Court appointed32529510.22,947,670,243
Privately appointed167220-24.1163,532,248
Table 10: Consolidation of All Files Closed in 2016
ProvinceNumber of FilesAssets
($)
Liabilities
($)
Deficit
($)
Total Receipts
($)
Administrative Expenses
($)
Dividends
($)
Newfoundland and Labrador1,518121,289,872198,524,12777,234,25511,506,7336,263,2415,243,492
Bankruptcies1,32393,446,253165,298,49871,852,2459,570,0515,631,0683,938,983
Proposals19527,843,61933,225,6295,382,0101,936,682632,1731,304,509
Prince Edward Island66046,839,66585,130,50438,290,8394,289,8622,454,8141,835,048
Bankruptcies53631,658,13258,021,04626,362,9142,258,7271,535,399723,328
Proposals12415,181,53327,109,45811,927,9252,031,135919,4151,111,721
Nova Scotia4,591364,018,961595,098,457231,079,49539,099,97316,889,95422,210,019
Bankruptcies3,608241,427,918450,978,780209,550,86225,120,39612,322,58412,797,812
Proposals983122,591,044144,119,67721,528,63313,979,5774,567,3709,412,207
New Brunswick3,799353,935,364598,790,542244,855,17830,562,52116,513,11514,049,406
Bankruptcies3,048254,091,901477,283,724223,191,82320,588,48413,278,1547,310,330
Proposals75199,843,463121,506,81821,663,3559,974,0373,234,9616,739,076
Quebec42,1283,313,043,7536,333,789,2763,020,745,523396,356,235216,447,396179,908,839
Bankruptcies28,4551,457,283,7493,678,935,2782,221,651,528183,161,090129,007,91254,153,178
Proposals13,6731,855,760,0032,654,853,998799,093,995213,195,14587,439,485125,755,661
Ontario48,4975,691,537,47312,509,911,3946,818,373,921615,327,800246,113,581369,214,219
Bankruptcies23,0482,104,124,7248,107,368,7836,003,244,058181,449,911105,775,41375,674,498
Proposals25,4493,587,412,7494,402,542,611815,129,862433,877,889140,338,168293,539,721
Manitoba1,911158,265,134232,234,25373,969,11922,177,2469,279,07612,898,170
Bankruptcies1,23376,925,782147,346,47470,420,69211,231,0866,085,8715,145,215
Proposals67881,339,35284,887,7803,548,42810,946,1603,193,2057,752,955
Saskatchewan1,751218,609,329373,963,647155,354,31819,661,5848,156,90911,504,675
Bankruptcies1,02997,993,316253,991,344155,998,0286,478,9013,713,7052,765,196
Proposals722120,616,013119,972,303-643,71013,182,6834,443,2058,739,479
Alberta8,6361,496,338,0242,383,834,091887,496,067128,772,54149,844,94478,927,597
Bankruptcies4,929805,246,5601,519,363,248714,116,68859,265,88229,822,03829,443,844
Proposals3,707691,091,464864,470,844173,379,38069,506,65920,022,90649,483,753
British Columbia11,1521,531,590,6752,695,241,7351,163,651,061142,734,00558,835,72683,898,280
Bankruptcies6,646740,767,5741,642,949,408902,181,83460,787,00233,355,23727,431,765
Proposals4,506790,823,1011,052,292,328261,469,22781,947,00325,480,48956,466,515
Northwest Territories426,813,19010,502,4813,689,2911,606,636914,953691,683
Bankruptcies302,310,0775,640,2093,330,132319,120145,999173,121
Proposals124,503,1134,862,272359,1591,287,516768,954518,562
Yukon302,682,0586,067,7273,385,669384,684146,723237,961
Bankruptcies201,712,5944,781,9213,069,327157,86190,27867,583
Proposals10969,4631,285,806316,343226,82456,445170,378
Nunavut217,404350,091332,68732,26131,2311,030
Bankruptcies217,404350,091332,68732,26131,2311,030
Proposals0000000
Canada124,71713,304,980,90226,023,438,32612,718,457,4241,412,512,082631,891,663780,620,420
Bankruptcies73,9075,907,005,98516,512,308,80310,605,302,818560,420,771340,794,888219,625,883
Proposals50,8107,397,974,9179,511,129,5232,113,154,606852,091,312291,096,775560,994,537
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 Labrador3.59.112.714.713.812.99.57.35.710.848.851.2
Prince Edward Island4.08.213.012.511.711.29.111.37.711.248.151.9
Nova Scotia3.06.611.211.713.812.512.09.18.012.149.950.1
New Brunswick3.37.811.013.413.511.210.99.57.212.147.652.4
Quebec4.48.210.512.712.511.811.99.96.811.645.454.6
Ontario2.97.111.712.412.912.212.410.37.210.947.852.2
Manitoba3.68.211.912.812.811.311.78.87.012.046.453.6
Saskatchewan2.37.014.217.014.511.610.97.76.58.345.254.8
Alberta2.57.213.215.914.912.511.39.15.67.944.355.7
British Columbia1.96.211.813.413.813.011.49.77.511.449.150.9
Northwest Territories0.01.76.710.018.316.710.020.06.710.038.361.7
Yukon0.010.91.89.118.29.114.57.39.120.049.150.9
Nunavut11.122.20.011.122.211.10.011.111.10.055.644.4
Canada3.37.411.513.113.112.111.89.76.910.946.853.2