Table 6: Insolvencies Filed by Businesses by Economic Region
Province, territory or region | Volume | 2010 | |||
---|---|---|---|---|---|
2010 | 2009 | % Change | Assets Declared at the Time of Filing ($) | Liabilities Declared at the Time of Filing ($) | |
Newfoundland and Labrador | 23 | 34 | -32.4 | 5,506,365 | 11,139,746 |
Bankruptcies | 21 | 33 | -36.4 | 5,365,513 | 11,011,565 |
Proposals | 2 | 1 | 100.0 | 140,852 | 128,181 |
Avalon Peninsula | 11 | 17 | -35.3 | 4,086,638 | 7,618,775 |
Bankruptcies | 9 | 17 | -47.1 | 3,945,786 | 7,490,594 |
Proposals | 2 | 0 | — | 140,852 | 128,181 |
South Coast – Burin Peninsula | 2 | 1 | 100.0 | 9,592 | 248,263 |
Bankruptcies | 2 | 1 | 100.0 | 9,592 | 248,263 |
Proposals | 0 | 0 | — | 0 | 0 |
West Coast – Northern Peninsula – Labrador | 6 | 7 | -14.3 | 1,309,235 | 2,854,969 |
Bankruptcies | 6 | 7 | -14.3 | 1,309,235 | 2,854,969 |
Proposals | 0 | 0 | — | 0 | 0 |
Notre Dame – Central Bonavista Bay | 4 | 9 | -55.6 | 100,900 | 417,739 |
Bankruptcies | 4 | 8 | -50.0 | 100,900 | 417,739 |
Proposals | 0 | 1 | -100.0 | 0 | 0 |
Prince Edward Island | 22 | 31 | -29.0 | 3,365,174 | 26,144,057 |
Bankruptcies | 16 | 27 | -40.7 | 3,140,674 | 15,331,998 |
Proposals | 6 | 4 | 50.0 | 224,500 | 10,812,059 |
Nova Scotia | 167 | 166 | 0.6 | 15,523,506 | 838,209,150 |
Bankruptcies | 138 | 146 | -5.5 | 12,225,404 | 824,959,675 |
Proposals | 29 | 20 | 45.0 | 3,298,102 | 13,249,475 |
Cape Breton | 12 | 20 | -40.0 | 609,443 | 2,267,909 |
Bankruptcies | 11 | 15 | -26.7 | 513,758 | 1,955,004 |
Proposals | 1 | 5 | -80.0 | 95,685 | 312,905 |
North Shore | 16 | 25 | -36.0 | 1,326,484 | 6,503,205 |
Bankruptcies | 16 | 23 | -30.4 | 1,326,484 | 6,503,205 |
Proposals | 0 | 2 | -100.0 | 0 | 0 |
Annapolis Valley | 22 | 21 | 4.8 | 1,982,587 | 4,804,892 |
Bankruptcies | 20 | 20 | 0.0 | 1,954,032 | 4,601,162 |
Proposals | 2 | 1 | 100.0 | 28,555 | 203,731 |
Southern | 16 | 20 | -20.0 | 1,398,229 | 7,753,921 |
Bankruptcies | 10 | 18 | -44.4 | 859,207 | 2,953,177 |
Proposals | 7 | 2 | 250.0 | 539,022 | 4,800,744 |
Halifax | 101 | 80 | 26.3 | 10,206,762 | 816,879,223 |
Bankruptcies | 82 | 70 | 17.1 | 7,571,923 | 808,947,127 |
Proposals | 19 | 10 | 90.0 | 2,634,840 | 7,932,095 |
New Brunswick | 83 | 132 | -37.1 | 75,105,740 | 1,439,234,496 |
Bankruptcies | 70 | 101 | -30.7 | 72,415,672 | 1,424,047,547 |
Proposals | 13 | 31 | -58.1 | 2,690,068 | 15,186,949 |
Campbellton – Miramichi | 22 | 27 | -18.5 | 56,544,275 | 1,372,249,312 |
Bankruptcies | 20 | 23 | -13.0 | 56,017,565 | 1,371,642,554 |
Proposals | 2 | 4 | -50.0 | 526,710 | 606,758 |
Moncton – Richibucto | 32 | 28 | 14.3 | 15,740,120 | 41,405,835 |
Bankruptcies | 30 | 23 | 30.4 | 13,776,115 | 28,718,527 |
Proposals | 2 | 5 | -60.0 | 1,964,005 | 12,687,308 |
Saint John – St. Stephen | 7 | 18 | -61.1 | 279,328 | 868,572 |
Bankruptcies | 4 | 12 | -66.7 | 85,277 | 520,608 |
Proposals | 3 | 6 | -50.0 | 194,051 | 347,964 |
Fredericton – Oromocto | 16 | 19 | -15.8 | 1,643,555 | 17,436,693 |
Bankruptcies | 10 | 13 | -23.1 | 1,638,253 | 15,891,774 |
Proposals | 6 | 6 | 0.0 | 5,302 | 1,544,919 |
Edmundston – Woodstock | 6 | 39 | -84.6 | 898,462 | 7,274,084 |
Bankruptcies | 6 | 30 | -80.0 | 898,462 | 7,274,084 |
Proposals | 0 | 9 | -100.0 | 0 | 0 |
Quebec | 2,099 | 2,526 | -16.9 | 499,899,110 | 2,581,501,159 |
Bankruptcies | 1,520 | 1,894 | -19.7 | 325,459,671 | 1,520,234,975 |
Proposals | 579 | 632 | -8.4 | 174,439,439 | 1,061,266,184 |
Gaspésie – Îles-de-la-Madeleine | 16 | 9 | 77.8 | 617,275 | 4,635,641 |
Bankruptcies | 12 | 7 | 71.4 | 529,104 | 2,049,504 |
Proposals | 4 | 2 | 100.0 | 88,171 | 2,586,137 |
Bas-Saint-Laurent | 45 | 55 | -18.2 | 9,434,666 | 30,946,729 |
Bankruptcies | 31 | 41 | -24.4 | 6,248,206 | 15,904,457 |
Proposals | 14 | 14 | 0.0 | 3,186,459 | 15,042,272 |
Capitale-Nationale | 151 | 190 | -20.5 | 22,219,763 | 107,872,841 |
Bankruptcies | 112 | 113 | -0.9 | 17,247,321 | 80,915,864 |
Proposals | 39 | 77 | -49.4 | 4,972,442 | 26,956,977 |
Chaudière – Appalaches | 83 | 109 | -23.9 | 76,561,995 | 109,420,760 |
Bankruptcies | 64 | 80 | -20.0 | 9,057,605 | 20,937,415 |
Proposals | 20 | 28 | -28.6 | 67,504,389 | 88,483,345 |
Estrie | 54 | 104 | -48.1 | 11,625,614 | 48,475,595 |
Bankruptcies | 40 | 85 | -52.9 | 10,449,891 | 21,113,850 |
Proposals | 14 | 19 | -26.3 | 1,175,724 | 27,361,745 |
Centre-du-Québec | 55 | 46 | 19.6 | 14,818,559 | 61,220,095 |
Bankruptcies | 39 | 32 | 21.9 | 12,205,483 | 20,448,047 |
Proposals | 16 | 14 | 14.3 | 2,613,076 | 40,772,048 |
Montérégie | 318 | 402 | -20.9 | 64,892,619 | 416,940,053 |
Bankruptcies | 231 | 311 | -25.7 | 29,589,715 | 296,981,298 |
Proposals | 87 | 91 | -4.4 | 35,302,904 | 119,958,755 |
Montréal | 687 | 789 | -12.9 | 239,865,903 | 1,279,297,783 |
Bankruptcies | 484 | 610 | -20.7 | 198,677,095 | 819,706,708 |
Proposals | 203 | 179 | 13.4 | 41,188,808 | 459,591,075 |
Laval | 159 | 162 | -1.9 | 7,566,840 | 132,760,783 |
Bankruptcies | 107 | 122 | -12.3 | 6,116,066 | 65,004,182 |
Proposals | 52 | 40 | 30.0 | 1,450,773 | 67,756,601 |
Lanaudière | 124 | 144 | -13.9 | 11,519,207 | 97,011,130 |
Bankruptcies | 94 | 107 | -12.1 | 8,764,787 | 45,586,116 |
Proposals | 30 | 37 | -18.9 | 2,754,420 | 51,425,014 |
Laurentides | 183 | 213 | -14.1 | 16,943,225 | 134,845,621 |
Bankruptcies | 135 | 154 | -12.3 | 9,854,574 | 60,254,793 |
Proposals | 47 | 59 | -20.3 | 7,088,652 | 74,590,828 |
Outaouais | 69 | 79 | -12.7 | 3,722,759 | 29,181,029 |
Bankruptcies | 50 | 52 | -3.8 | 1,611,535 | 18,388,823 |
Proposals | 19 | 27 | -29.6 | 2,111,224 | 10,792,206 |
Abitibi – Témiscamingue | 34 | 33 | 3.0 | 4,145,713 | 75,132,916 |
Bankruptcies | 29 | 31 | -6.5 | 3,893,960 | 15,947,868 |
Proposals | 5 | 2 | 150.0 | 251,753 | 59,185,048 |
Mauricie | 62 | 104 | -40.4 | 6,462,391 | 24,273,842 |
Bankruptcies | 44 | 76 | -42.1 | 3,671,144 | 18,983,670 |
Proposals | 17 | 27 | -37.0 | 2,791,247 | 5,290,172 |
Saguenay – Lac-Saint-Jean | 42 | 68 | -38.2 | 8,927,153 | 26,863,674 |
Bankruptcies | 34 | 56 | -39.3 | 7,011,063 | 15,673,230 |
Proposals | 8 | 12 | -33.3 | 1,916,089 | 11,190,444 |
Côte-Nord | 10 | 16 | -37.5 | 379,666 | 1,836,596 |
Bankruptcies | 9 | 14 | -35.7 | 359,192 | 1,768,524 |
Proposals | 1 | 2 | -50.0 | 20,475 | 68,072 |
Nord-du-Québec | 6 | 3 | 100.0 | 195,763 | 786,074 |
Bankruptcies | 5 | 3 | 66.7 | 172,931 | 570,627 |
Proposals | 1 | 0 | — | 22,832 | 215,447 |
Ontario | 1,860 | 2,559 | -27.3 | 1,054,491,008 | 3,221,983,978 |
Bankruptcies | 1,533 | 2,208 | -30.6 | 1,008,460,524 | 3,054,421,640 |
Proposals | 327 | 351 | -6.8 | 46,030,484 | 167,562,338 |
Ottawa | 162 | 233 | -30.5 | 52,121,184 | 87,317,901 |
Bankruptcies | 136 | 195 | -30.3 | 50,481,880 | 84,338,509 |
Proposals | 25 | 39 | -35.9 | 1,639,304 | 2,979,391 |
Kingston – Pembroke | 47 | 77 | -39.0 | 18,659,892 | 28,479,090 |
Bankruptcies | 42 | 68 | -38.2 | 17,181,502 | 24,920,809 |
Proposals | 5 | 9 | -44.4 | 1,478,390 | 3,558,282 |
Muskoka – Kawarthas | 34 | 55 | -38.2 | 14,977,627 | 926,032,728 |
Bankruptcies | 30 | 49 | -38.8 | 14,226,427 | 925,289,165 |
Proposals | 4 | 6 | -33.3 | 751,201 | 743,563 |
Toronto | 981 | 1,322 | -25.8 | 553,411,041 | 1,485,347,933 |
Bankruptcies | 790 | 1,120 | -29.5 | 520,158,289 | 1,361,197,342 |
Proposals | 191 | 202 | -5.4 | 33,252,752 | 124,150,592 |
Kitchener – Waterloo – Barrie | 158 | 220 | -28.2 | 88,045,103 | 148,360,725 |
Bankruptcies | 140 | 185 | -24.3 | 87,283,072 | 131,008,701 |
Proposals | 18 | 34 | -47.1 | 762,032 | 17,352,024 |
Hamilton – Niagara Peninsula | 226 | 287 | -21.3 | 202,491,625 | 369,490,755 |
Bankruptcies | 188 | 258 | -27.1 | 196,547,668 | 356,844,114 |
Proposals | 38 | 29 | 31.0 | 5,943,957 | 12,646,641 |
London | 61 | 91 | -33.0 | 9,473,767 | 23,150,051 |
Bankruptcies | 47 | 75 | -37.3 | 9,143,364 | 22,780,285 |
Proposals | 14 | 15 | -6.7 | 330,402 | 369,767 |
Windsor – Sarnia | 76 | 87 | -12.6 | 84,675,634 | 84,476,370 |
Bankruptcies | 64 | 80 | -20.0 | 84,281,795 | 81,875,211 |
Proposals | 12 | 6 | 100.0 | 393,839 | 2,601,158 |
Stratford – Bruce Peninsula | 27 | 45 | -40.0 | 3,408,118 | 8,403,473 |
Bankruptcies | 23 | 41 | -43.9 | 3,008,917 | 7,954,879 |
Proposals | 4 | 4 | 0.0 | 399,201 | 448,594 |
Northeast | 64 | 97 | -34.0 | 20,649,041 | 45,566,884 |
Bankruptcies | 53 | 93 | -43.0 | 19,861,235 | 43,550,936 |
Proposals | 11 | 4 | 175.0 | 787,805 | 2,015,948 |
Northwest | 25 | 46 | -45.7 | 6,577,976 | 15,358,068 |
Bankruptcies | 21 | 44 | -52.3 | 6,286,375 | 14,661,689 |
Proposals | 4 | 2 | 100.0 | 291,601 | 696,379 |
Manitoba | 78 | 88 | -11.4 | 12,530,909 | 29,852,852 |
Bankruptcies | 68 | 65 | 4.6 | 11,241,536 | 20,753,797 |
Proposals | 10 | 23 | -56.5 | 1,289,373 | 9,099,055 |
Southeast | 3 | 6 | -50.0 | 1,734,842 | 3,729,833 |
Bankruptcies | 2 | 5 | -60.0 | 1,710,842 | 3,599,252 |
Proposals | 1 | 1 | 0.0 | 24,000 | 130,581 |
South Central | 7 | 2 | 250.0 | 1,594,595 | 2,599,694 |
Bankruptcies | 7 | 2 | 250.0 | 1,594,595 | 2,599,694 |
Proposals | 0 | 0 | — | 0 | 0 |
Southwest | 20 | 21 | -4.8 | 1,811,995 | 3,436,882 |
Bankruptcies | 20 | 16 | 25.0 | 1,811,995 | 3,436,882 |
Proposals | 0 | 4 | -100.0 | 0 | 0 |
North Central | 3 | 10 | -70.0 | 391,119 | 548,553 |
Bankruptcies | 3 | 8 | -62.5 | 391,119 | 548,553 |
Proposals | 0 | 2 | -100.0 | 0 | 0 |
Winnipeg | 31 | 39 | -20.5 | 2,935,890 | 14,709,944 |
Bankruptcies | 23 | 23 | 0.0 | 2,103,833 | 6,018,708 |
Proposals | 8 | 15 | -46.7 | 832,057 | 8,691,236 |
Interlake | 6 | 3 | 100.0 | 1,720,929 | 1,431,254 |
Bankruptcies | 6 | 3 | 100.0 | 1,720,929 | 1,431,254 |
Proposals | 0 | 0 | — | 0 | 0 |
Parklands | 7 | 4 | 75.0 | 2,341,537 | 3,396,692 |
Bankruptcies | 6 | 4 | 50.0 | 1,908,221 | 3,119,454 |
Proposals | 1 | 0 | — | 433,316 | 277,238 |
North | 0 | 3 | -100.0 | 0 | 0 |
Bankruptcies | 0 | 3 | -100.0 | 0 | 0 |
Proposals | 0 | 0 | — | 0 | 0 |
Saskatchewan | 144 | 219 | -34.2 | 13,385,541 | 28,883,445 |
Bankruptcies | 99 | 161 | -38.5 | 7,284,164 | 19,041,130 |
Proposals | 45 | 58 | -22.4 | 6,101,377 | 9,842,315 |
Regina – Moose Mountain | 49 | 74 | -33.8 | 5,283,974 | 12,314,088 |
Bankruptcies | 32 | 51 | -37.3 | 3,343,424 | 9,961,722 |
Proposals | 17 | 22 | -22.7 | 1,940,550 | 2,352,366 |
Swift Current – Moose Jaw | 19 | 24 | -20.8 | 1,705,965 | 2,300,214 |
Bankruptcies | 12 | 15 | -20.0 | 723,874 | 1,024,715 |
Proposals | 7 | 9 | -22.2 | 982,091 | 1,275,499 |
Saskatoon – Biggar | 41 | 53 | -22.6 | 2,623,823 | 6,473,845 |
Bankruptcies | 35 | 45 | -22.2 | 1,932,997 | 5,018,682 |
Proposals | 6 | 8 | -25.0 | 690,826 | 1,455,163 |
Yorkton – Melville | 13 | 23 | -43.5 | 1,138,430 | 2,200,044 |
Bankruptcies | 5 | 19 | -73.7 | 319,226 | 682,506 |
Proposals | 8 | 4 | 100.0 | 819,204 | 1,517,538 |
Prince Albert | 20 | 39 | -48.7 | 2,462,246 | 5,278,770 |
Bankruptcies | 14 | 26 | -46.2 | 793,540 | 2,037,021 |
Proposals | 6 | 13 | -53.8 | 1,668,706 | 3,241,749 |
Northern | 2 | 6 | -66.7 | 171,103 | 316,483 |
Bankruptcies | 2 | 5 | -60.0 | 171,103 | 316,483 |
Proposals | 0 | 1 | -100.0 | 0 | 0 |
Alberta | 464 | 486 | -4.5 | 326,694,125 | 1,010,400,164 |
Bankruptcies | 378 | 405 | -6.7 | 308,441,551 | 892,367,711 |
Proposals | 86 | 81 | 6.2 | 18,252,574 | 118,032,453 |
Lethbridge – Medicine Hat | 25 | 13 | 92.3 | 13,733,709 | 35,592,013 |
Bankruptcies | 20 | 11 | 81.8 | 11,529,211 | 25,959,712 |
Proposals | 5 | 2 | 150.0 | 2,204,498 | 9,632,302 |
Camrose – Drumheller | 18 | 19 | -5.3 | 2,268,319 | 5,622,348 |
Bankruptcies | 14 | 17 | -17.6 | 1,794,555 | 5,102,440 |
Proposals | 4 | 2 | 100.0 | 473,764 | 519,908 |
Calgary | 153 | 193 | -20.7 | 57,643,847 | 319,862,954 |
Bankruptcies | 131 | 160 | -18.1 | 50,856,136 | 297,257,533 |
Proposals | 22 | 34 | -35.3 | 6,787,711 | 22,605,421 |
Banff - Jasper – Rocky Mountain House | 12 | 10 | 20.0 | 575,039 | 2,945,928 |
Bankruptcies | 11 | 9 | 22.2 | 575,038 | 2,735,963 |
Proposals | 1 | 1 | 0.0 | 1 | 209,966 |
Red Deer | 42 | 36 | 16.7 | 4,913,464 | 12,897,721 |
Bankruptcies | 38 | 31 | 22.6 | 3,274,796 | 8,564,290 |
Proposals | 4 | 4 | 0.0 | 1,638,668 | 4,333,431 |
Edmonton | 127 | 114 | 11.4 | 42,758,498 | 292,009,644 |
Bankruptcies | 103 | 86 | 19.8 | 38,140,954 | 270,411,569 |
Proposals | 24 | 28 | -14.3 | 4,617,544 | 21,598,074 |
Athabasca – Grande Prairie – Peace River | 66 | 68 | -2.9 | 19,522,301 | 78,568,256 |
Bankruptcies | 50 | 62 | -19.4 | 18,484,897 | 41,086,968 |
Proposals | 16 | 6 | 166.7 | 1,037,405 | 37,481,288 |
Wood Buffalo – Cold Lake | 19 | 32 | -40.6 | 185,278,948 | 262,901,300 |
Bankruptcies | 10 | 29 | -65.5 | 183,785,965 | 241,249,237 |
Proposals | 9 | 3 | 200.0 | 1,492,983 | 21,652,063 |
British Columbia | 283 | 485 | -41.6 | 152,979,590 | 834,217,500 |
Bankruptcies | 229 | 380 | -39.7 | 142,951,793 | 792,467,123 |
Proposals | 54 | 105 | -48.6 | 10,027,797 | 41,750,377 |
Vancouver Island and Coast | 50 | 93 | -46.2 | 91,508,440 | 500,168,375 |
Bankruptcies | 40 | 49 | -18.4 | 90,391,821 | 497,996,284 |
Proposals | 10 | 45 | -77.8 | 1,116,619 | 2,172,091 |
Lower Mainland – Southwest | 163 | 247 | -34.0 | 54,132,162 | 264,704,698 |
Bankruptcies | 127 | 205 | -38.0 | 45,879,331 | 227,230,221 |
Proposals | 35 | 42 | -16.7 | 8,252,831 | 37,474,478 |
Thompson – Okanagan | 45 | 71 | -36.6 | 3,765,418 | 18,628,815 |
Bankruptcies | 42 | 67 | -37.3 | 3,712,525 | 18,375,750 |
Proposals | 3 | 4 | -25.0 | 52,893 | 253,065 |
Kootenay | 8 | 13 | -38.5 | 908,166 | 3,012,672 |
Bankruptcies | 7 | 9 | -22.2 | 908,166 | 3,012,672 |
Proposals | 1 | 4 | -75.0 | 0 | 0 |
Cariboo | 8 | 44 | -81.8 | 2,423,284 | 5,445,366 |
Bankruptcies | 3 | 36 | -91.7 | 1,817,830 | 3,594,622 |
Proposals | 5 | 8 | -37.5 | 605,455 | 1,850,743 |
North Coast | 0 | 6 | -100.0 | 0 | 0 |
Bankruptcies | 0 | 6 | -100.0 | 0 | 0 |
Proposals | 0 | 0 | — | 0 | 0 |
Nechako | 4 | 4 | 0.0 | 100,512 | 40,974,140 |
Bankruptcies | 4 | 4 | 0.0 | 100,512 | 40,974,140 |
Proposals | 0 | 0 | — | 0 | 0 |
Northeast | 5 | 6 | -16.7 | 141,608 | 1,283,435 |
Bankruptcies | 5 | 4 | 25.0 | 141,608 | 1,283,435 |
Proposals | 0 | 2 | -100.0 | 0 | 0 |
Northwest Territories | 1 | 0 | — | 1 | 3,098,412 |
Bankruptcies | 0 | 0 | — | 0 | 0 |
Proposals | 1 | 0 | — | 1 | 3,098,412 |
Yukon Territory | 2 | 2 | 0.0 | 1,000 | 648,667 |
Bankruptcies | 0 | 0 | — | 0 | 0 |
Proposals | 2 | 2 | 0.0 | 1,000 | 648,667 |
Nunavut | 0 | 1 | -100.0 | 0 | 0 |
Bankruptcies | 0 | 0 | — | 0 | 0 |
Proposals | 0 | 1 | -100.0 | 0 | 0 |