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Archived — Insolvency Statistics in Canada—2017
(Tables 9 to 11)

Table 9: Receiverships
province Volume Declared Assets ($)
2017
2017 2016 % Change
Newfoundland and Labrador 9 7 28.6 26,451,652
Court appointed 2 4 -50.0 4,895,256
Privately appointed 7 3 133.3 21,556,396
Prince Edward Island 6 12 -50.0 24,696,935
Court appointed 2 12 -83.3 5,811,000
Privately appointed 4 0 n/a 18,885,935
Nova Scotia 12 19 -36.8 14,611,186
Court appointed 3 3 0.0 7,433,500
Privately appointed 9 16 -43.8 7,177,686
New Brunswick 24 17 41.2 14,473,127
Court appointed 2 2 0.0 2,000
Privately appointed 22 15 46.7 14,471,127
Quebec 51 71 -28.2 40,575,502
Court appointed 45 67 -32.8 34,299,190
Privately appointed 6 4 50.0 6,276,312
Ontario 164 188 -12.8 623,544,268
Court appointed 84 105 -20.0 523,472,100
Privately appointed 80 83 -3.6 100,072,168
Manitoba 14 5 180.0 62,025,403
Court appointed 6 1 500.0 44,911,505
Privately appointed 8 4 100.0 17,113,898
Saskatchewan 13 6 116.7 50,294,297
Court appointed 7 4 75.0 45,067,944
Privately appointed 6 2 200.0 5,226,353
Alberta 145 131 10.7 1,693,084,178
Court appointed 137 111 23.4 1,690,180,043
Privately appointed 8 20 -60.0 2,904,135
British Columbia 48 36 33.3 414,946,557
Court appointed 32 16 100.0 409,344,858
Privately appointed 16 20 -20.0 5,601,699
Northwest Territories 0 0 n/a 0
Court appointed 0 0 n/a 0
Privately appointed 0 0 n/a 0
Yukon 3 0 n/a 8,002,000
Court appointed 3 0 n/a 8,002,000
Privately appointed 0 0 n/a 0
Nunavut 0 0 n/a 0
Court appointed 0 0 n/a 0
Privately appointed 0 0 n/a 0
Canada 489 492 -0.6 2,972,705,105
Court appointed 323 325 -0.6 2,773,419,396
Privately appointed 166 167 -0.6 199,285,709

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Table 10: Consolidation of All Files Closed in 2017
Province Number of Files Assets
($)
Liabilities
($)
Deficit
($)
Total Receipts
($)
Administrative Expenses
($)
Dividends
($)
Newfoundland and Labrador 1,769 145,713,043 214,871,563 69,158,519 13,634,995 7,032,385 6,602,610
Bankruptcies 1,502 104,023,604 166,518,821 62,495,217 10,637,707 6,071,299 4,566,407
Proposals 267 41,689,440 48,352,742 6,663,302 2,997,289 961,086 2,036,202
Prince Edward Island 635 45,562,281 102,366,005 56,803,724 5,344,082 2,860,367 2,483,715
Bankruptcies 477 27,410,150 65,596,061 38,185,911 3,057,868 1,944,248 1,113,620
Proposals 158 18,152,131 36,769,944 18,617,813 2,286,214 916,119 1,370,095
Nova Scotia 5,304 456,598,627 3,232,374,932 2,775,776,305 57,411,426 30,309,342 27,102,084
Bankruptcies 3,803 278,231,442 3,035,710,897 2,757,479,455 38,540,620 24,038,531 14,502,089
Proposals 1,501 178,367,185 196,664,035 18,296,850 18,870,807 6,270,811 12,599,996
New Brunswick 3,838 333,849,585 555,752,991 221,903,406 31,199,604 15,595,950 15,603,654
Bankruptcies 2,782 187,022,518 374,755,237 187,732,719 16,975,943 10,937,108 6,038,835
Proposals 1,056 146,827,067 180,997,755 34,170,687 14,223,661 4,658,842 9,564,819
Quebec 39,926 3,252,120,036 6,515,437,854 3,263,317,818 400,875,886 210,232,172 190,643,714
Bankruptcies 26,187 1,521,953,368 3,576,175,945 2,054,222,577 167,632,560 117,356,639 50,275,921
Proposals 13,739 1,730,166,669 2,939,261,909 1,209,095,240 233,243,326 92,875,534 140,367,793
Ontario 44,469 4,279,681,822 7,764,629,729 3,484,947,907 553,657,506 207,393,053 346,264,453
Bankruptcies 19,648 1,080,685,334 3,808,018,701 2,727,333,368 142,167,613 79,238,918 62,928,695
Proposals 24,821 3,198,996,489 3,956,611,028 757,614,539 411,489,893 128,154,134 283,335,758
Manitoba 1,874 169,639,708 260,302,535 90,662,827 22,687,723 9,616,439 13,071,284
Bankruptcies 1,213 72,579,651 146,403,670 73,824,020 11,128,592 6,224,273 4,904,319
Proposals 661 97,060,057 113,898,865 16,838,808 11,559,131 3,392,166 8,166,965
Saskatchewan 1,856 257,433,657 296,033,807 38,600,150 21,316,368 7,785,694 13,530,675
Bankruptcies 1,002 103,518,596 158,186,275 54,667,679 6,276,136 3,442,086 2,834,049
Proposals 854 153,915,060 137,847,531 -16,067,529 15,040,233 4,343,608 10,696,625
Alberta 9,351 1,659,472,203 2,950,819,228 1,291,347,026 169,578,407 77,126,399 92,452,007
Bankruptcies 4,980 751,210,201 1,757,802,016 1,006,591,816 89,136,332 53,383,889 35,752,443
Proposals 4,371 908,262,002 1,193,017,212 284,755,210 80,442,075 23,742,510 56,699,565
British Columbia 10,543 1,264,910,187 2,088,118,781 823,208,594 159,316,785 62,488,445 96,828,340
Bankruptcies 5,463 430,824,869 1,012,900,986 582,076,117 54,973,998 32,271,897 22,702,101
Proposals 5,080 834,085,318 1,075,217,795 241,132,477 104,342,786 30,216,547 74,126,239
Northwest Territories 49 10,021,111 15,391,750 5,370,639 2,099,913 1,078,759 1,021,154
Bankruptcies 27 2,714,932 4,126,712 1,411,780 378,908 156,466 222,442
Proposals 22 7,306,179 11,265,038 3,958,859 1,721,005 922,293 798,711
Yukon 22 1,031,615 2,191,455 1,159,840 564,594 413,266 151,327
Bankruptcies 14 487,931 1,362,482 874,551 474,397 383,970 90,427
Proposals 8 543,684 828,972 285,288 90,197 29,296 60,900
Nunavut 7 893,202 1,502,086 608,884 122,518 45,651 76,867
Bankruptcies 4 891,452 1,257,773 366,321 40,425 24,159 16,266
Proposals 3 1,750 244,313 242,563 82,092 21,492 60,601
Canada 119,643 11,876,927,078 23,999,792,716 12,122,865,638 1,437,809,806 631,977,922 805,831,884
Bankruptcies 67,102 4,561,554,047 14,108,815,577 9,547,261,530 541,421,098 335,473,483 205,947,615
Proposals 52,541 7,315,373,031 9,890,977,139 2,575,604,108 896,388,708 296,504,439 599,884,269

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Table 11: Consumer Debtors Profile
Province Distribution of Insolvency Files (%)
Age Group (Years) Sex
18 to 24 25 to 29 30 to 34 35 to 39 40 to 44 45 to 49 50 to 54 55 to 59 60 to 64 65 and older Women Men
Newfoundland and Labrador 3.4 8.5 12.4 13.4 13.9 13.9 10.9 7.5 6.4 9.8 49.4 50.6
Prince Edward Island 3.7 8.8 12.6 12.8 13.2 10.4 10.8 8.6 7.6 11.4 49.8 50.2
Nova Scotia 3.0 8.5 11.3 12.1 12.9 11.9 11.4 9.3 6.8 12.7 50.8 49.2
New Brunswick 3.3 7.7 11.7 12.3 13.0 13.0 11.9 8.6 7.0 11.5 48.9 51.1
Quebec 4.6 8.6 10.5 12.5 12.3 11.6 11.4 9.7 6.8 12.0 45.9 54.1
Ontario 3.5 8.2 11.2 12.6 12.4 12.0 11.7 10.0 7.2 11.2 47.6 52.4
Manitoba 3.5 8.7 12.7 12.9 12.3 11.6 10.8 9.6 7.2 10.7 45.1 54.9
Saskatchewan 1.7 6.9 12.5 15.4 15.4 12.3 10.2 9.7 6.8 9.0 47.8 52.2
Alberta 2.5 7.2 12.7 15.6 14.7 13.0 10.5 9.3 6.3 8.2 45.5 54.5
British Columbia 2.3 7.1 11.0 13.2 12.1 12.6 11.5 10.2 7.6 12.5 48.2 51.8
Northwest Territories 2.5 5.0 11.3 15.0 17.5 12.5 6.3 3.8 10.0 16.3 55.0 45.0
Yukon 0.0 5.4 10.8 13.5 13.5 8.1 16.2 10.8 0.0 21.6 54.1 45.9
Nunavut 0.0 0.0 0.0 0.0 25.0 0.0 0.0 0.0 50.0 25.0 25.0 75.0
Canada 3.6 8.1 11.2 13.0 12.7 12.1 11.4 9.7 6.9 11.2 47.0 53.0
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