Insolvency Statistics in Canada—2018 (Table 6)

Table 6: Insolvencies Filed by Businesses by Economic Region (ER)
Province, territory or region 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
Avalon Peninsula 18 27 -33.3 35,039,111 105,818,548
Bankruptcies 16 15 6.7 35,039,111 88,956,852
Proposals 2 12 -83.3 0 16,861,696
South Coast – Burin Peninsula 0 1 -100.0 0 0
Bankruptcies 0 1 -100.0 0 0
Proposals 0 0 n/a 0 0
West Coast – Northern Peninsula – Labrador 3 5 -40.0 775,294 1,487,995
Bankruptcies 3 5 -40.0 775,294 1,487,995
Proposals 0 0 n/a 0 0
Notre Dame – Central Bonavista Bay 4 3 33.3 2,015,544 8,799,659
Bankruptcies 2 2 0.0 69,478 449,757
Proposals 2 1 100.0 1,946,066 8,349,902
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
Cape Breton 4 3 33.3 1,302,638 4,853,044
Bankruptcies 2 2 0.0 1,258,638 3,807,547
Proposals 2 1 100.0 44,000 1,045,497
North Shore 3 8 -62.5 122,656 400,525
Bankruptcies 2 6 -66.7 122,656 400,525
Proposals 1 2 -50.0 0 0
Annapolis Valley 3 5 -40.0 464,998 744,957
Bankruptcies 1 5 -80.0 71,457 603,743
Proposals 2 0 n/a 393,541 141,214
Southern 6 6 0.0 510,757 3,189,532
Bankruptcies 5 6 -16.7 510,757 3,188,532
Proposals 1 0 n/a 0 1,000
Halifax 31 27 14.8 15,392,178 58,926,231
Bankruptcies 23 24 -4.2 12,747,245 49,238,414
Proposals 8 3 166.7 2,644,933 9,687,817
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
Campbellton – Miramichi 8 8 0.0 661,376 1,507,896
Bankruptcies 7 7 0.0 656,376 1,492,394
Proposals 1 1 0.0 5,000 15,502
Moncton – Richibucto 12 23 -47.8 4,551,306 16,028,059
Bankruptcies 9 14 -35.7 4,327,202 7,695,489
Proposals 3 9 -66.7 224,104 8,332,570
Saint John – St. Stephen 11 10 10.0 5,449,457 14,098,297
Bankruptcies 10 9 11.1 5,424,956 14,043,297
Proposals 1 1 0.0 24,501 55,000
Fredericton – Oromocto 0 4 -100.0 0 0
Bankruptcies 0 3 -100.0 0 0
Proposals 0 1 -100.0 0 0
Edmundston – Woodstock 6 11 -45.5 5,405,343 6,095,165
Bankruptcies 6 9 -33.3 5,405,343 6,095,165
Proposals 0 2 -100.0 0 0
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
Gaspésie – Îles-de-la-Madeleine 16 11 45.5 640,294 4,658,883
Bankruptcies 15 8 87.5 640,293 2,767,876
Proposals 1 3 -66.7 1 1,891,007
Bas-Saint-Laurent 49 46 6.5 4,979,438 16,112,641
Bankruptcies 37 36 2.8 4,032,874 10,104,886
Proposals 12 10 20.0 946,564 6,007,755
Capitale-Nationale 217 211 2.8 20,214,622 103,413,475
Bankruptcies 169 165 2.4 16,539,274 76,746,277
Proposals 48 46 4.3 3,675,348 26,667,198
Chaudière – Appalaches 120 101 18.8 11,991,245 82,150,285
Bankruptcies 77 87 -11.5 9,617,786 30,048,724
Proposals 43 14 207.1 2,373,459 52,101,561
Estrie 38 42 -9.5 2,177,682 37,731,848
Bankruptcies 34 36 -5.6 2,169,980 33,003,491
Proposals 4 6 -33.3 7,702 4,728,357
Centre-du-Québec 39 47 -17.0 2,366,703 10,419,760
Bankruptcies 30 36 -16.7 1,598,386 7,930,096
Proposals 9 11 -18.2 768,317 2,489,664
Montérégie 360 327 10.1 20,842,470 156,704,661
Bankruptcies 280 250 12.0 13,876,933 86,443,985
Proposals 80 77 3.9 6,965,537 70,260,676
Montréal 547 556 -1.6 42,485,034 866,975,876
Bankruptcies 402 400 0.5 34,078,861 425,742,128
Proposals 145 156 -7.1 8,406,173 441,233,748
Laval 128 133 -3.8 9,453,445 89,046,740
Bankruptcies 103 99 4.0 3,881,860 38,464,628
Proposals 25 34 -26.5 5,571,585 50,582,112
Lanaudière 127 117 8.5 8,185,356 91,684,892
Bankruptcies 91 85 7.1 2,153,060 54,371,972
Proposals 36 32 12.5 6,032,296 37,312,920
Laurentides 164 164 0.0 6,559,656 55,731,620
Bankruptcies 127 126 0.8 3,705,460 31,440,798
Proposals 37 38 -2.6 2,854,196 24,290,822
Outaouais 82 68 20.6 2,090,553 23,047,815
Bankruptcies 58 47 23.4 1,183,076 12,176,918
Proposals 24 21 14.3 907,477 10,870,897
Abitibi – Témiscamingue 36 44 -18.2 3,275,881 13,634,308
Bankruptcies 31 37 -16.2 2,628,678 11,487,333
Proposals 5 7 -28.6 647,203 2,146,975
Mauricie 85 98 -13.3 9,017,869 22,071,253
Bankruptcies 60 73 -17.8 4,373,926 12,915,300
Proposals 25 25 0.0 4,643,943 9,155,953
Saguenay – Lac-Saint-Jean 62 57 8.8 4,107,381 52,770,782
Bankruptcies 47 48 -2.1 3,780,179 16,296,913
Proposals 15 9 66.7 327,202 36,473,869
Côte-Nord 12 25 -52.0 1,785,146 7,324,616
Bankruptcies 8 20 -60.0 453,373 3,112,417
Proposals 4 5 -20.0 1,331,773 4,212,199
Nord-du-Québec 4 5 -20.0 612,117 1,688,304
Bankruptcies 4 4 0.0 612,117 1,688,304
Proposals 0 1 -100.0 0 0
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
Ottawa 108 110 -1.8 16,276,026 83,073,557
Bankruptcies 85 83 2.4 11,312,228 73,865,726
Proposals 23 27 -14.8 4,963,798 9,207,831
Kingston – Pembroke 16 16 0.0 538,765 4,542,402
Bankruptcies 14 15 -6.7 530,168 4,509,403
Proposals 2 1 100.0 8,597 32,999
Muskoka – Kawarthas 18 13 38.5 1,984,830 12,186,257
Bankruptcies 12 7 71.4 1,175,889 8,951,204
Proposals 6 6 0.0 808,941 3,235,053
Toronto 534 470 13.6 101,090,817 4,096,457,744
Bankruptcies 382 331 15.4 71,295,465 3,781,004,653
Proposals 152 139 9.4 29,795,352 315,453,091
Kitchener – Waterloo – Barrie 60 50 20.0 6,388,980 28,342,423
Bankruptcies 50 38 31.6 5,328,782 24,312,226
Proposals 10 12 -16.7 1,060,198 4,030,197
Hamilton – Niagara Peninsula 82 96 -14.6 7,614,145 204,288,824
Bankruptcies 58 72 -19.4 6,316,845 199,323,705
Proposals 24 24 0.0 1,297,300 4,965,119
London 33 33 0.0 4,116,562 10,849,974
Bankruptcies 23 19 21.1 2,645,342 8,996,628
Proposals 10 14 -28.6 1,471,220 1,853,346
Windsor – Sarnia 34 29 17.2 4,051,046 13,349,004
Bankruptcies 24 18 33.3 3,518,615 12,199,492
Proposals 10 11 -9.1 532,431 1,149,512
Stratford – Bruce Peninsula 9 19 -52.6 4,720,928 5,577,053
Bankruptcies 8 18 -55.6 4,692,639 5,496,867
Proposals 1 1 0.0 28,289 80,186
Northeast 29 25 16.0 5,283,702 18,230,424
Bankruptcies 22 20 10.0 3,481,023 13,111,512
Proposals 7 5 40.0 1,802,679 5,118,912
Northwest 6 11 -45.5 1,781,827 42,037,365
Bankruptcies 5 9 -44.4 1,217,032 41,040,901
Proposals 1 2 -50.0 564,795 996,464
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
Southeast 2 6 -66.7 1,277,000 3,985,361
Bankruptcies 2 6 -66.7 1,277,000 3,985,361
Proposals 0 0 n/a 0 0
South Central 0 3 -100.0 0 0
Bankruptcies 0 2 -100.0 0 0
Proposals 0 1 -100.0 0 0
Southwest 6 4 50.0 1,012,252 1,854,162
Bankruptcies 5 3 66.7 1,012,252 1,854,162
Proposals 1 1 0.0 0 0
North Central 1 2 -50.0 824,480 953,100
Bankruptcies 0 2 -100.0 0 0
Proposals 1 0 n/a 824,480 953,100
Winnipeg 15 14 7.1 3,265,650 10,396,085
Bankruptcies 15 12 25.0 3,265,650 10,396,085
Proposals 0 2 -100.0 0 0
Interlake 2 5 -60.0 236,706 815,614
Bankruptcies 2 5 -60.0 236,706 815,614
Proposals 0 0 n/a 0 0
Parklands 2 5 -60.0 167,501 618,844
Bankruptcies 2 3 -33.3 167,501 618,844
Proposals 0 2 -100.0 0 0
North 0 0 n/a 0 0
Bankruptcies 0 0 n/a 0 0
Proposals 0 0 n/a 0 0
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
Regina – Moose Mountain 51 37 37.8 5,086,265 12,686,260
Bankruptcies 29 24 20.8 2,955,323 9,956,651
Proposals 22 13 69.2 2,130,942 2,729,609
Swift Current – Moose Jaw 9 19 -52.6 978,999 1,724,198
Bankruptcies 5 12 -58.3 815,778 1,485,917
Proposals 4 7 -42.9 163,221 238,281
Saskatoon – Biggar 24 45 -46.7 7,438,910 22,367,394
Bankruptcies 16 39 -59.0 4,637,294 21,807,038
Proposals 8 6 33.3 2,801,616 560,356
Yorkton – Melville 5 11 -54.5 748,621 9,134,955
Bankruptcies 2 8 -75.0 330,869 1,698,447
Proposals 3 3 0.0 417,752 7,436,508
Prince Albert 10 20 -50.0 533,389 3,725,054
Bankruptcies 7 18 -61.1 528,888 2,202,783
Proposals 3 2 50.0 4,501 1,522,271
Northern 0 3 -100.0 0 0
Bankruptcies 0 2 -100.0 0 0
Proposals 0 1 -100.0 0 0
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
Lethbridge – Medicine Hat 5 3 66.7 86,258 1,863,606
Bankruptcies 5 3 66.7 86,258 1,863,606
Proposals 0 0 n/a 0 0
Camrose – Drumheller 7 5 40.0 487,802 8,273,192
Bankruptcies 7 3 133.3 487,802 8,273,192
Proposals 0 2 -100.0 0 0
Calgary 87 92 -5.4 16,870,670 326,595,867
Bankruptcies 69 69 0.0 15,077,841 121,726,439
Proposals 18 23 -21.7 1,792,829 204,869,428
Banff – Jasper – Rocky Mountain House 5 1 400.0 3,604,328 17,253,842
Bankruptcies 4 0 n/a 2,662,445 13,520,679
Proposals 1 1 0.0 941,883 3,733,163
Red Deer 10 4 150.0 2,117,268 17,642,449
Bankruptcies 9 4 125.0 2,080,758 17,410,114
Proposals 1 0 n/a 36,510 232,335
Edmonton 61 73 -16.4 28,658,752 590,691,346
Bankruptcies 41 39 5.1 15,387,188 398,906,165
Proposals 20 34 -41.2 13,271,564 191,785,181
Athabasca – Grande Prairie – Peace River 16 11 45.5 2,739,193 20,649,437
Bankruptcies 15 10 50.0 2,731,932 20,612,625
Proposals 1 1 0.0 7,261 36,812
Wood Buffalo – Cold Lake 10 5 100.0 3,424,175 9,402,106
Bankruptcies 8 3 166.7 2,179,566 6,549,250
Proposals 2 2 0.0 1,244,609 2,852,856
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
Vancouver Island and Coast 15 17 -11.8 1,259,508 20,252,931
Bankruptcies 8 11 -27.3 305,642 3,526,518
Proposals 7 6 16.7 953,866 16,726,413
Lower Mainland – Southwest 67 106 -36.8 10,931,831 115,940,367
Bankruptcies 50 86 -41.9 8,778,367 54,689,133
Proposals 17 20 -15.0 2,153,464 61,251,234
Thompson – Okanagan 15 15 0.0 742,115 4,820,227
Bankruptcies 12 13 -7.7 271,803 4,095,431
Proposals 3 2 50.0 470,312 724,796
Kootenay 1 2 -50.0 7,000,000 11,629,284
Bankruptcies 0 1 -100.0 0 0
Proposals 1 1 0.0 7,000,000 11,629,284
Cariboo 1 5 -80.0 235,353 764,585
Bankruptcies 1 5 -80.0 235,353 764,585
Proposals 0 0 n/a 0 0
North Coast 1 0 n/a 495,893 1,015,006
Bankruptcies 1 0 n/a 495,893 1,015,006
Proposals 0 0 n/a 0 0
Nechako 0 1 -100.0 0 0
Bankruptcies 0 1 -100.0 0 0
Proposals 0 0 n/a 0 0
Northeast 2 0 n/a 201,859 6,377,171
Bankruptcies 2 0 n/a 201,859 6,377,171
Proposals 0 0 n/a 0 0
Northwest Territories 0 1 -100.0 0 0
Bankruptcies 0 1 -100.0 0 0
Proposals 0 0 n/a 0 0
Yukon Territory 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
Date modified: