CCAA Statistics - Fourth Quarter of 2014

Tables

Definitions

CCAA:
The Companies' Creditors Arrangement Act (CCAA) is a federal law allowing insolvent corporations that owe their creditors in excess of $5 million to restructure their business and financial affairs. CCAA proceedings are carried out under supervision of the courts.
Cross-Border Proceedings:
When a proceeding is filed in a foreign jurisdiction where the debtor company has the centre of its main interests, it is referred to as a foreign main proceeding. Proceedings brought before any other court would generally be referred to as foreign non-main proceedings.
North American Industry Classification System (NAICS):
The NAICS is an industry classification system that classifies economic units that have similar production processes in the same industry. This is a supply-based or production-oriented economic concept.
Table 1: Total CCAA Proceedings—Domestic
no data Volume +/−
Change
12-Month Period Ending
Q4 2014 Q3 2014 Q4 2013 Q3 2014 –
Q4 2014
Q4 2013 –
Q4 2014
12-31-2014 12-31-2013 +/−
Change
Total Domestic Proceedings FiledFootnote 1 7 7 13 0 -6 25 32 -7
Filing Affiliates 16 9 124 7 -108 38 179 -141
Filed by Publicly-Traded Companies
1 0 4 1 -3 3 9 -6
Filed by Privately-Held Companies
6 7 9 -1 -3 22 23 -1
Total Liabilities—
Book Value ($millions)Footnote 2
$3,456.009 $4,812.003 $1,803.886 -$1,355.994 $1,652.123 $9,219.019 $3,047.288 $6,171.731
% of Secured Liabilities
51.70% 21.81% 36.11% 37.67% 43.61%
% of Unsecured Liabilities
48.30% 78.19% 63.89% 62.33% 56.39%
Total Assets—Book Value ($millions) $701.009 $2,246.406 $1,875.780 -$1,545.397 -$1,174.770 $3,913.983 $3,367.503 $546.480
Table 2: Total CCAA Proceedings—Cross-Border
  Volume +/−
Change
12-Month Period Ending
Q4 2014 Q3 2014 Q4 2013 Q3 2014 –
Q4 2014
Q4 2013 –
Q4 2014
12-31-2014 12-31-2013 +/−
Change
Total Cross-Border Proceedings FiledFootnote 3 0 0 0 0 0 0 0 0
Foreign Main Proceedings
0 0 0 0 0 0 0 0
Foreign Non-Main Proceedings
0 0 0 0 0 0 0 0
Total Liabilities—
Book Value ($millions)Footnote 4
$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
Empty cell Volume +/−
Change
12-Month Period Ending
Q4 2014 Q3 2014 Q4 2013 Q3 2014 –
Q4 2014
Q4 2013 –
Q4 2014
12-31-2014 12-31-2013 +/−
Change
Newfoundland and Labrador
Domestic
Cross-Border
Prince Edward Island 1 1
Domestic 1 1
Cross-Border
Nova Scotia
Domestic
Cross-Border
New Brunswick
Domestic
Cross-Border
Quebec 3 1 3 2 0 6 6 0
Domestic 3 1 3 2 0 6 6 0
Cross-Border
Ontario 2 5 5 -3 -3 10 13 -3
Domestic 2 5 5 -3 -3 10 13 -3
Cross-Border
Manitoba 1 -1
Domestic 1 -1
Cross-Border
Saskatchewan
Domestic
Cross-Border
Alberta 1 1 1 0 3 6 -3
Domestic 1 1 1 0 3 6 -3
Cross-Border
British Columbia 1 1 4 0 -3 5 6 -1
Domestic 1 1 4 0 -3 5 6 -1
Cross-Border
Northwest Territories
Domestic
Cross-Border
Yukon
Domestic
Cross-Border
Nunavut
Domestic
Cross-Border
Canada 7 7 13 0 -6 25 32 -7
Domestic 7 7 13 0 -6 25 32 -7
Cross-Border
Table 4: CCAA Proceedings Filed by NAICS Economic Sector, CanadaFootnote 5
Sector Volume +/−
Change
12-Month Period Ending
Q4 2014 Q3 2014 Q4 2013 Q3 2014
Q4 2014
Q4 2013
Q4 2014
12-31-2014 12-31-2013 +/−
Change
Agriculture, Forestry, Fishing and Hunting 1 1 1 0 1 1 0
Domestic 1 1 1 0 1 1 0
Cross-Border
Mining and Oil and Gas Extraction 3 1 3 2 0 6 8 -2
Domestic 3 1 3 2 0 6 8 -2
Cross-Border
Utilities
Domestic
Cross-Border
Construction 1 2 -1 -2 3 5 -2
Domestic 1 2 -1 -2 3 5 -2
Cross-Border
Manufacturing 1 2 1 -1 0 6 4 2
Domestic 1 2 1 -1 0 6 4 2
Cross-Border
Wholesale Trade 1 -1 1 -1
Domestic 1 -1 1 -1
Cross-Border
Retail Trade 1 -1 1 3 -2
Domestic 1 -1 1 3 -2
Cross-Border
Transportation and Warehousing 1 -1 3 -3
Domestic 1 -1 3 -3
Cross-Border
Information and Cultural Industries 1 -1 1 -1
Domestic 1 -1 1 -1
Cross-Border
Finance and Insurance 1 1 -1 -1 3 1 2
Domestic 1 1 -1 -1 3 1 2
Cross-Border
Real Estate, Rental and Leasing 1 -1 2 1 1
Domestic 1 -1 2 1 1
Cross-Border
Professional, Scientific and Technical Services 1 1 0 1 2 1 1
Domestic 1 1 0 1 2 1 1
Cross-Border
Management of Companies and Enterprises 1 -1 1 -1
Domestic 1 -1 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 2 -2
Domestic 1 -1 2 -2
Cross-Border
Accommodation and Food Services 1 1 1 1 1
Domestic 1 1 1 1 1
Cross-Border
Other Services (except Public Administration) 1 -1
Domestic 1 -1
Cross-Border
Public Administration
Domestic
Cross-Border
Canada 7 7 14 0 -7 25 33 -8
Domestic 7 7 14 0 -7 25 33 -8
Cross-Border
Date modified: