Table 3: Insolvencies Filed by Businesses| Province | Volume | 2018 |
|---|
| 2018 | 2017 | % Change | Assets Declared at the Time of Filing ($) | Liabilities Declared at the Time of Filing ($) |
|---|
| Newfoundland and Labrador | 24 | 36 | -33.3 | 37,829,949 | 116,106,202 |
|---|
| Bankruptcies | 20 | 23 | -13.0 | 35,883,883 | 90,894,604 |
|---|
| Proposals | 4 | 13 | -69.2 | 1,946,066 | 25,211,598 |
|---|
| Prince Edward Island | 4 | 12 | -66.7 | 3,678,639 | 1,384,258 |
|---|
| Bankruptcies | 3 | 10 | -70.0 | 3,219,717 | 820,332 |
|---|
| Proposals | 1 | 2 | -50.0 | 458,922 | 563,926 |
|---|
| Nova Scotia | 47 | 49 | -4.1 | 17,793,226 | 68,114,290 |
|---|
| Bankruptcies | 33 | 43 | -23.3 | 14,710,752 | 57,238,762 |
|---|
| Proposals | 14 | 6 | 133.3 | 3,082,474 | 10,875,528 |
|---|
| New Brunswick | 37 | 57 | -35.1 | 16,067,482 | 37,729,417 |
|---|
| Bankruptcies | 32 | 43 | -25.6 | 15,813,877 | 29,326,345 |
|---|
| Proposals | 5 | 14 | -64.3 | 253,605 | 8,403,072 |
|---|
| Quebec | 2,095 | 2,061 | 1.6 | 150,784,893 | 1,635,167,760 |
|---|
| Bankruptcies | 1,579 | 1,563 | 1.0 | 105,326,116 | 854,742,045 |
|---|
| Proposals | 516 | 498 | 3.6 | 45,458,777 | 780,425,715 |
|---|
| Ontario | 937 | 878 | 6.7 | 153,847,628 | 4,518,935,028 |
|---|
| Bankruptcies | 688 | 632 | 8.9 | 111,514,029 | 4,172,812,316 |
|---|
| Proposals | 249 | 246 | 1.2 | 42,333,599 | 346,122,712 |
|---|
| Manitoba | 28 | 39 | -28.2 | 6,783,589 | 18,623,166 |
|---|
| Bankruptcies | 26 | 33 | -21.2 | 5,959,109 | 17,670,066 |
|---|
| Proposals | 2 | 6 | -66.7 | 824,480 | 953,100 |
|---|
| Saskatchewan | 99 | 136 | -27.2 | 14,786,184 | 49,637,861 |
|---|
| Bankruptcies | 59 | 104 | -43.3 | 9,268,152 | 37,150,836 |
|---|
| Proposals | 40 | 32 | 25.0 | 5,518,032 | 12,487,025 |
|---|
| Alberta | 206 | 195 | 5.6 | 57,988,446 | 992,371,846 |
|---|
| Bankruptcies | 162 | 131 | 23.7 | 40,693,790 | 588,862,071 |
|---|
| Proposals | 44 | 64 | -31.3 | 17,294,656 | 403,509,775 |
|---|
| British Columbia | 103 | 145 | -29.0 | 20,866,559 | 160,799,571 |
|---|
| Bankruptcies | 75 | 117 | -35.9 | 10,288,917 | 70,467,844 |
|---|
| Proposals | 28 | 28 | 0.0 | 10,577,642 | 90,331,727 |
|---|
| Northwest Territories | 0 | 1 | -100.0 | 0 | 0 |
|---|
| Bankruptcies | 0 | 1 | -100.0 | 0 | 0 |
|---|
| Proposals | 0 | 0 | n/a | 0 | 0 |
|---|
| Yukon | 0 | 0 | n/a | 0 | 0 |
|---|
| Bankruptcies | 0 | 0 | n/a | 0 | 0 |
|---|
| Proposals | 0 | 0 | n/a | 0 | 0 |
|---|
| Nunavut | 0 | 0 | n/a | 0 | 0 |
|---|
| Bankruptcies | 0 | 0 | n/a | 0 | 0 |
|---|
| Proposals | 0 | 0 | n/a | 0 | 0 |
|---|
| Canada | 3,580 | 3,609 | -0.8 | 480,426,595 | 7,598,869,399 |
|---|
| Bankruptcies | 2,677 | 2,700 | -0.9 | 352,678,342 | 5,919,985,221 |
|---|
| Proposals | 903 | 909 | -0.7 | 127,748,253 | 1,678,884,178 |
|---|
