Insolvency Statistics in Canada—2017 (Table 2)

Table 2: Insolvencies Filed by Consumers
Province Volume 2017
2017 2016 % Change Assets Declared at the Time of Filing ($) Liabilities Declared at the Time of Filing ($)
Newfoundland and Labrador 2,479 2,399 3.3 291,950,122 359,795,026
Bankruptcies 1,367 1,552 -11.9 109,986,395 168,223,146
Proposals 1,112 847 31.3 181,963,727 191,571,880
Prince Edward Island 673 802 -16.1 45,552,799 66,115,534
Bankruptcies 387 500 -22.6 17,248,334 35,457,932
Proposals 286 302 -5.3 28,304,465 30,657,602
Nova Scotia 5,724 5,948 -3.8 449,189,090 637,021,818
Bankruptcies 3,807 4,191 -9.2 223,664,063 396,287,456
Proposals 1,917 1,757 9.1 225,525,027 240,734,362
New Brunswick 4,361 4,442 -1.8 359,791,932 511,862,824
Bankruptcies 2,457 2,904 -15.4 140,780,005 269,277,450
Proposals 1,904 1,538 23.8 219,011,927 242,585,374
Quebec 41,670 43,009 -3.1 2,989,571,874 4,006,308,454
Bankruptcies 22,647 24,241 -6.6 953,061,406 1,868,832,460
Proposals 19,023 18,768 1.4 2,036,510,468 2,137,475,994
Ontario 38,167 39,611 -3.6 2,231,917,904 3,858,708,431
Bankruptcies 15,336 16,904 -9.3 508,318,576 1,765,820,896
Proposals 22,831 22,707 0.5 1,723,599,328 2,092,887,535
Manitoba 2,604 2,607 -0.1 234,185,126 325,565,862
Bankruptcies 1,375 1,448 -5.0 90,803,206 177,384,515
Proposals 1,229 1,159 6.0 143,381,920 148,181,347
Saskatchewan 3,122 2,960 5.5 493,772,437 504,523,059
Bankruptcies 1,368 1,421 -3.7 160,157,928 214,864,941
Proposals 1,754 1,539 14.0 333,614,509 289,658,118
Alberta 13,286 13,170 0.9 2,069,193,781 2,509,986,379
Bankruptcies 5,008 5,427 -7.7 608,936,385 1,005,030,673
Proposals 8,278 7,743 6.9 1,460,257,396 1,504,955,706
British Columbia 9,991 10,806 -7.5 563,967,181 1,021,760,761
Bankruptcies 4,146 4,719 -12.1 159,360,458 510,233,458
Proposals 5,845 6,087 -4.0 404,606,723 511,527,303
Northwest Territories 80 60 33.3 9,406,905 10,761,769
Bankruptcies 51 35 45.7 4,623,581 5,961,408
Proposals 29 25 16.0 4,783,324 4,800,361
Yukon 37 55 -32.7 1,342,016 3,106,919
Bankruptcies 18 27 -33.3 362,536 1,346,333
Proposals 19 28 -32.1 979,480 1,760,586
Nunavut 4 9 -55.6 1,603,661 2,802,514
Bankruptcies 2 3 -33.3 1,365,611 2,530,096
Proposals 2 6 -66.7 238,050 272,418
Canada 122,198 125,878 -2.9 9,741,444,828 13,818,319,350
Bankruptcies 57,969 63,372 -8.5 2,978,668,484 6,421,250,764
Proposals 64,229 62,506 2.8 6,762,776,344 7,397,068,586
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