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Insolvency Statistics in Canada—2017 (Table 6)

Table 6: Insolvencies Filed by Businesses by Economic Region (ER)
Province, territory or region Volume 2017
2017 2016 % Change Assets Declared at the Time of Filing ($) Liabilities Declared at the Time of Filing ($)
Newfoundland and Labrador 36 28 28.6 25,809,404 123,696,350
Bankruptcies 23 22 4.5 24,760,911 92,670,898
Proposals 13 6 116.7 1,048,493 31,025,452
Avalon Peninsula 27 16 68.8 2,519,381 37,713,630
Bankruptcies 15 10 50.0 1,668,372 7,019,736
Proposals 12 6 100.0 851,009 30,693,894
South Coast – Burin Peninsula 1 4 -75.0 15,000,000 58,519,749
Bankruptcies 1 4 -75.0 15,000,000 58,519,749
Proposals 0 0 n/a 0 0
West Coast – Northern Peninsula – Labrador 5 3 66.7 8,088,039 26,998,711
Bankruptcies 5 3 66.7 8,088,039 26,998,711
Proposals 0 0 n/a 0 0
Notre Dame – Central Bonavista Bay 3 5 -40.0 201,984 464,260
Bankruptcies 2 5 -60.0 4,500 132,702
Proposals 1 0 n/a 197,484 331,558
Prince Edward Island 12 13 -7.7 8,530,531 45,487,936
Bankruptcies 10 7 42.9 6,330,531 23,576,349
Proposals 2 6 -66.7 2,200,000 21,911,587
Nova Scotia 49 75 -34.7 17,255,969 46,613,891
Bankruptcies 43 63 -31.7 17,255,969 38,045,397
Proposals 6 12 -50.0 0 8,568,494
Cape Breton 3 4 -25.0 3,577 159,928
Bankruptcies 2 2 0.0 3,577 159,928
Proposals 1 2 -50.0 0 0
North Shore 8 13 -38.5 551,210 2,024,447
Bankruptcies 6 11 -45.5 551,210 1,519,068
Proposals 2 2 0.0 0 505,379
Annapolis Valley 5 9 -44.4 1,696,770 2,971,145
Bankruptcies 5 9 -44.4 1,696,770 2,971,145
Proposals 0 0 n/a 0 0
Southern 6 13 -53.8 2,602,347 5,761,898
Bankruptcies 6 10 -40.0 2,602,347 5,761,898
Proposals 0 3 -100.0 0 0
Halifax 27 35 -22.9 12,402,064 35,696,474
Bankruptcies 24 29 -17.2 12,402,064 27,633,359
Proposals 3 6 -50.0 0 8,063,115
New Brunswick 57 59 -3.4 56,281,400 245,478,756
Bankruptcies 43 45 -4.4 55,953,313 214,317,146
Proposals 14 14 0.0 328,087 31,161,610
Campbellton – Miramichi 8 14 -42.9 1,649,020 3,696,410
Bankruptcies 7 10 -30.0 1,556,119 3,652,208
Proposals 1 4 -75.0 92,901 44,202
Moncton – Richibucto 23 16 43.8 3,547,716 54,204,938
Bankruptcies 14 13 7.7 3,524,757 23,311,372
Proposals 9 3 200.0 22,959 30,893,566
Saint John – St. Stephen 10 13 -23.1 1,765,688 6,801,562
Bankruptcies 9 10 -10.0 1,730,043 6,739,311
Proposals 1 3 -66.7 35,645 62,251
Fredericton – Oromocto 4 5 -20.0 490,483 1,756,235
Bankruptcies 3 3 0.0 430,983 1,706,233
Proposals 1 2 -50.0 59,500 50,002
Edmundston – Woodstock 11 10 10.0 48,828,493 179,019,611
Bankruptcies 9 8 12.5 48,711,411 178,908,022
Proposals 2 2 0.0 117,082 111,589
Quebec 2,061 2,197 -6.2 176,103,313 2,143,559,507
Bankruptcies 1,563 1,660 -5.8 135,793,311 1,374,100,084
Proposals 498 537 -7.3 40,310,002 769,459,423
Gaspésie – Îles-de-la-Madeleine 11 15 -26.7 2,024,396 4,173,507
Bankruptcies 8 14 -42.9 1,479,437 3,699,490
Proposals 3 1 200.0 544,959 474,017
Bas-Saint-Laurent 46 50 -8.0 6,208,495 23,894,460
Bankruptcies 36 39 -7.7 3,807,466 12,561,563
Proposals 10 11 -9.1 2,401,029 11,332,897
Capitale-Nationale 211 201 5.0 20,197,948 113,627,409
Bankruptcies 165 139 18.7 12,304,460 68,674,916
Proposals 46 62 -25.8 7,893,488 44,952,493
Chaudière – Appalaches 101 105 -3.8 23,985,530 53,303,074
Bankruptcies 87 80 8.8 23,509,274 30,262,085
Proposals 14 25 -44.0 476,256 23,040,989
Estrie 42 52 -19.2 1,846,562 16,171,302
Bankruptcies 36 42 -14.3 1,794,553 10,787,971
Proposals 6 10 -40.0 52,009 5,383,331
Centre-du-Québec 47 55 -14.5 2,963,826 29,960,691
Bankruptcies 36 37 -2.7 2,112,209 22,195,348
Proposals 11 18 -38.9 851,617 7,765,343
Montérégie 327 357 -8.4 27,470,322 269,004,909
Bankruptcies 250 289 -13.5 21,293,900 97,975,718
Proposals 77 68 13.2 6,176,422 171,029,191
Montréal 556 611 -9.0 26,957,332 1,217,002,767
Bankruptcies 400 455 -12.1 16,573,176 841,482,428
Proposals 156 156 0.0 10,384,156 375,520,339
Laval 133 111 19.8 2,210,638 76,912,934
Bankruptcies 99 80 23.8 2,006,198 56,542,592
Proposals 34 31 9.7 204,440 20,370,342
Lanaudière 117 135 -13.3 11,571,033 115,960,332
Bankruptcies 85 106 -19.8 9,957,992 84,806,827
Proposals 32 29 10.3 1,613,041 31,153,505
Laurentides 164 226 -27.4 10,449,848 65,759,935
Bankruptcies 126 157 -19.7 6,929,697 41,954,683
Proposals 38 69 -44.9 3,520,151 23,805,252
Outaouais 68 81 -16.0 4,276,038 23,675,908
Bankruptcies 47 62 -24.2 3,687,098 21,723,522
Proposals 21 19 10.5 588,940 1,952,386
Abitibi – Témiscamingue 44 29 51.7 6,691,139 12,816,708
Bankruptcies 37 28 32.1 5,634,127 11,236,919
Proposals 7 1 600.0 1,057,012 1,579,789
Mauricie 98 85 15.3 5,516,184 23,031,380
Bankruptcies 73 70 4.3 5,090,162 17,645,004
Proposals 25 15 66.7 426,022 5,386,376
Saguenay – Lac-Saint-Jean 57 57 0.0 10,069,845 65,034,548
Bankruptcies 48 46 4.3 7,647,892 28,495,452
Proposals 9 11 -18.2 2,421,953 36,539,096
Côte-Nord 25 20 25.0 13,477,694 24,343,523
Bankruptcies 20 15 33.3 11,779,189 23,439,463
Proposals 5 5 0.0 1,698,505 904,060
Nord-du-Québec 5 1 400.0 186,483 8,886,119
Bankruptcies 4 1 300.0 186,482 616,104
Proposals 1 0 n/a 1 8,270,015
Ontario 878 940 -6.6 149,076,893 2,224,005,674
Bankruptcies 632 691 -8.5 98,003,236 1,790,020,582
Proposals 246 249 -1.2 51,073,657 433,985,092
Ottawa 110 92 19.6 14,560,128 118,631,252
Bankruptcies 83 68 22.1 6,641,286 92,475,879
Proposals 27 24 12.5 7,918,842 26,155,373
Kingston – Pembroke 16 16 0.0 1,950,371 9,113,551
Bankruptcies 15 12 25.0 1,741,274 9,024,552
Proposals 1 4 -75.0 209,097 88,999
Muskoka – Kawarthas 13 14 -7.1 2,018,774 6,054,109
Bankruptcies 7 12 -41.7 72,592 1,115,745
Proposals 6 2 200.0 1,946,182 4,938,364
Toronto 470 495 -5.1 93,538,483 1,625,444,957
Bankruptcies 331 363 -8.8 71,293,609 1,272,479,309
Proposals 139 132 5.3 22,244,874 352,965,648
Kitchener – Waterloo – Barrie 50 76 -34.2 4,332,831 47,255,001
Bankruptcies 38 58 -34.5 3,728,702 35,918,355
Proposals 12 18 -33.3 604,129 11,336,646
Hamilton – Niagara Peninsula 96 101 -5.0 23,166,747 79,083,567
Bankruptcies 72 85 -15.3 8,154,620 51,780,041
Proposals 24 16 50.0 15,012,127 27,303,526
London 33 47 -29.8 2,331,981 46,852,883
Bankruptcies 19 28 -32.1 1,121,762 40,439,799
Proposals 14 19 -26.3 1,210,219 6,413,084
Windsor – Sarnia 29 53 -45.3 2,459,219 267,519,195
Bankruptcies 18 42 -57.1 1,190,843 265,257,514
Proposals 11 11 0.0 1,268,376 2,261,681
Stratford – Bruce Peninsula 19 8 137.5 1,143,288 7,138,661
Bankruptcies 18 5 260.0 1,143,288 7,138,661
Proposals 1 3 -66.7 0 0
Northeast 25 16 56.3 1,768,417 11,399,523
Bankruptcies 20 7 185.7 1,318,892 9,384,968
Proposals 5 9 -44.4 449,525 2,014,555
Northwest 11 15 -26.7 1,806,653 5,512,975
Bankruptcies 9 10 -10.0 1,596,367 5,005,758
Proposals 2 5 -60.0 210,286 507,217
Manitoba 39 52 -25.0 23,111,984 52,276,546
Bankruptcies 33 34 -2.9 10,623,590 36,165,632
Proposals 6 18 -66.7 12,488,394 16,110,914
Southeast 6 4 50.0 3,393,429 6,397,703
Bankruptcies 6 3 100.0 3,393,429 6,397,703
Proposals 0 1 -100.0 0 0
South Central 3 8 -62.5 10,478,191 15,125,437
Bankruptcies 2 6 -66.7 78,191 396,345
Proposals 1 2 -50.0 10,400,000 14,729,092
Southwest 4 13 -69.2 2,263,022 1,370,189
Bankruptcies 3 8 -62.5 1,314,912 695,889
Proposals 1 5 -80.0 948,110 674,300
North Central 2 1 100.0 3,156,235 13,444,486
Bankruptcies 2 1 100.0 3,156,235 13,444,486
Proposals 0 0 n/a 0 0
Winnipeg 14 20 -30.0 2,083,788 6,481,302
Bankruptcies 12 10 20.0 1,485,904 5,904,020
Proposals 2 10 -80.0 597,884 577,282
Interlake 5 6 -16.7 873,387 8,532,668
Bankruptcies 5 6 -16.7 873,387 8,532,668
Proposals 0 0 n/a 0 0
Parklands 5 0 n/a 863,931 924,762
Bankruptcies 3 0 n/a 321,531 794,522
Proposals 2 0 n/a 542,400 130,240
North 0 0 n/a 0 0
Bankruptcies 0 0 n/a 0 0
Proposals 0 0 n/a 0 0
Saskatchewan 136 117 16.2 27,846,988 71,385,316
Bankruptcies 104 91 14.3 21,833,795 58,205,069
Proposals 32 26 23.1 6,013,193 13,180,247
Regina – Moose Mountain 37 52 -28.8 9,136,681 27,075,923
Bankruptcies 24 40 -40.0 7,258,597 24,048,141
Proposals 13 12 8.3 1,878,084 3,027,782
Swift Current – Moose Jaw 19 11 72.7 2,802,088 4,835,447
Bankruptcies 12 10 20.0 1,443,585 3,799,010
Proposals 7 1 600.0 1,358,503 1,036,437
Saskatoon – Biggar 45 26 73.1 12,930,132 31,350,925
Bankruptcies 39 18 116.7 10,769,960 23,383,912
Proposals 6 8 -25.0 2,160,172 7,967,013
Yorkton – Melville 11 11 0.0 1,228,959 3,133,459
Bankruptcies 8 10 -20.0 976,459 2,726,593
Proposals 3 1 200.0 252,500 406,866
Prince Albert 20 12 66.7 1,672,332 4,279,159
Bankruptcies 18 10 80.0 1,318,398 3,617,985
Proposals 2 2 0.0 353,934 661,174
Northern 3 0 n/a 76,795 710,403
Bankruptcies 2 0 n/a 66,795 629,428
Proposals 1 0 n/a 10,000 80,975
Alberta 195 168 16.1 267,622,186 1,236,364,981
Bankruptcies 131 121 8.3 208,215,534 1,026,400,698
Proposals 64 47 36.2 59,406,652 209,964,283
Lethbridge – Medicine Hat 3 2 50.0 54,030 3,938,696
Bankruptcies 3 2 50.0 54,030 3,938,696
Proposals 0 0 n/a 0 0
Camrose – Drumheller 5 2 150.0 1,423,273 2,320,494
Bankruptcies 3 2 50.0 1,395,630 2,135,262
Proposals 2 0 n/a 27,643 185,232
Calgary 92 84 9.5 184,946,332 850,976,869
Bankruptcies 69 59 16.9 184,427,852 832,821,570
Proposals 23 25 -8.0 518,480 18,155,299
Banff – Jasper – Rocky Mountain House 1 2 -50.0 0 0
Bankruptcies 0 2 -100.0 0 0
Proposals 1 0 n/a 0 0
Red Deer 4 7 -42.9 1,368,738 7,523,536
Bankruptcies 4 7 -42.9 1,368,738 7,523,536
Proposals 0 0 n/a 0 0
Edmonton 73 62 17.7 75,234,264 338,167,902
Bankruptcies 39 41 -4.9 16,390,271 161,536,435
Proposals 34 21 61.9 58,843,993 176,631,467
Athabasca – Grande Prairie – Peace River 11 7 57.1 4,533,291 16,859,162
Bankruptcies 10 6 66.7 4,516,757 16,357,875
Proposals 1 1 0.0 16,534 501,287
Wood Buffalo – Cold Lake 5 3 66.7 62,258 16,578,322
Bankruptcies 3 2 50.0 62,256 2,087,324
Proposals 2 1 100.0 2 14,490,998
British Columbia 145 199 -27.1 46,032,510 280,367,332
Bankruptcies 117 149 -21.5 40,735,877 250,730,141
Proposals 28 50 -44.0 5,296,633 29,637,191
Vancouver Island and Coast 17 26 -34.6 3,836,881 6,889,273
Bankruptcies 11 19 -42.1 2,476,037 4,478,954
Proposals 6 7 -14.3 1,360,844 2,410,319
Lower Mainland – Southwest 106 125 -15.2 38,479,551 264,116,956
Bankruptcies 86 94 -8.5 37,334,562 240,455,423
Proposals 20 31 -35.5 1,144,989 23,661,533
Thompson – Okanagan 15 30 -50.0 2,949,605 6,563,860
Bankruptcies 13 25 -48.0 158,805 2,998,521
Proposals 2 5 -60.0 2,790,800 3,565,339
Kootenay 2 3 -33.3 25,475 98,083
Bankruptcies 1 2 -50.0 25,475 98,083
Proposals 1 1 0.0 0 0
Cariboo 5 3 66.7 740,999 1,619,216
Bankruptcies 5 2 150.0 740,999 1,619,216
Proposals 0 1 -100.0 0 0
North Coast 0 1 -100.0 0 0
Bankruptcies 0 1 -100.0 0 0
Proposals 0 0 n/a 0 0
Nechako 1 2 -50.0 0 1,079,944
Bankruptcies 1 2 -50.0 0 1,079,944
Proposals 0 0 n/a 0 0
Northeast 0 5 -100.0 0 0
Bankruptcies 0 2 -100.0 0 0
Proposals 0 3 -100.0 0 0
Northwest Territories 1 0 n/a 6,626 49,896
Bankruptcies 1 0 n/a 6,626 49,896
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 1 -100.0 0 0
Bankruptcies 0 1 -100.0 0 0
Proposals 0 0 n/a 0 0
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