CCAA Statistics - First Quarter of 2015

Tables

Definitions

CCAA:
The Companies' Creditors Arrangement Act (CCAA) is a federal law allowing insolvent corporations that owe their creditors in excess of $5 million to restructure their business and financial affairs. CCAA proceedings are carried out under supervision of the courts.
Cross-Border Proceedings:
When a proceeding is filed in a foreign jurisdiction where the debtor company has the centre of its main interests, it is referred to as a foreign main proceeding. Proceedings brought before any other court would generally be referred to as foreign non-main proceedings.
North American Industry Classification System (NAICS):
The NAICS is an industry classification system that classifies economic units that have similar production processes in the same industry. This is a supply-based or production-oriented economic concept.
Table 1: Total CCAA Proceedings—Domestic
TypeVolume+/
Change
12-Month Period Ending
Q1 2015Q4 2014Q1 2014Q4 2014 –
Q1 2015
Q1 2014 –
Q1 2015
03-31-201503-31-2014+/
Change
Total Domestic Proceedings FiledFootnote1147471035305
Filing Affiliates
37162213573177-104
Filed by Publicly-Traded Companies
3102369-3
Filed by Privately-Held Companies
11645729218
Total Liabilities—
Book Value ($ millions)Footnote2
$14,369.377$3,456.009$263.638$10,913.368$14,105.739$23,324.757$2,906.278$20,418.480
% of Secured Liabilities
12.92%51.70%83.06%21.91%42.76%
% of Unsecured Liabilities
87.08%48.30%16.94%78.09%57.24%
Total Assets— Book Value ($ millions)$18,492.178$701.009$185.138$17,791.168$18,307.040$22,221.023$3,201.649$19,019.374
Table 2: Total CCAA Proceedings—Cross-Border
TypeVolume+/
Change
12-Month Period Ending
Q1 2015Q4 2014Q1 2014Q4 2014 –
Q1 2015
Q1 2014 –
Q1 2015
03-31-201503-31-2014+/
Change
Total Cross-Border Proceedings FiledFootnote300000000
Foreign Main Proceedings
00000000
Foreign Non-Main Proceedings
00000000
Total Liabilities—
Book Value ($ millions)Footnote4
$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
TypeVolume+/
Change
12-Month Period Ending
Q1 2015Q4 2014Q1 2014Q4 2014 –
Q1 2015
Q1 2014 –
Q1 2015
03-31-201503-31-2014+/
Change
Newfoundland and Labrador
Domestic
Cross-Border
Prince Edward Island1-11-1
Domestic1-11-1
Cross-Border
Nova Scotia
Domestic
Cross-Border
New Brunswick
Domestic
Cross-Border
Quebec232-167-1
Domestic232-167-1
Cross-Border
Ontario5213414104
Domestic5213414104
Cross-Border
Manitoba1-1
Domestic1-1
Cross-Border
Saskatchewan
Domestic
Cross-Border
Alberta4134752
Domestic4134752
Cross-Border
British Columbia3123862
Domestic3123862
Cross-Border
Northwest Territories
Domestic
Cross-Border
Yukon
Domestic
Cross-Border
Nunavut
Domestic
Cross-Border
Canada147471035305
Domestic147471035305
Cross-Border
Table 4: CCAA Proceedings Filed by NAICS Economic Sector, CanadaFootnote5
SectorVolume+/
Change
12-Month Period Ending
Q1 2015Q4 2014Q1 2014Q4 2014
Q1 2015
Q1 2014
Q1 2015
03-31-201503-31-2014+/
Change
Agriculture, Forestry, Fishing and Hunting1-111
Domestic1-111
Cross-Border
Mining and Oil and Gas Extraction63361284
Domestic63361284
Cross-Border
Utilities
Domestic
Cross-Border
Construction333651
Domestic333651
Cross-Border
Manufacturing11-1-1532
Domestic11-1-1532
Cross-Border
Wholesale Trade1-1
Domestic1-1
Cross-Border
Retail Trade222312
Domestic222312
Cross-Border
Transportation and Warehousing2-2
Domestic2-2
Cross-Border
Information and Cultural Industries1-1
Domestic1-1
Cross-Border
Finance and Insurance111321
Domestic111321
Cross-Border
Real Estate, Rental and Leasing2-23-3
Domestic2-23-3
Cross-Border
Professional, Scientific and Technical Services111312
Domestic111312
Cross-Border
Management of Companies and Enterprises1-1
Domestic1-1
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 Recreation1-1
Domestic1-1
Cross-Border
Accommodation and Food Services1-111
Domestic1-111
Cross-Border
Other Services (except Public Administration)11111
Domestic11111
Cross-Border
Public Administration
Domestic
Cross-Border
Canada147471035314
Domestic147471035314
Cross-Border