Insolvency Statistics in Canada—Second Quarter of 2018

Table 6: Insolvencies Filed by Businesses by Economic Region (ER)
Province or region Volume % Change 12-Month Period Ending
Q2 2018 Q1 2018 Q2 2017 Q1 2018
to
Q2 2018
Q2 2017
to
Q2 2018
06-30-2018 06-30-2017 % Change
Newfoundland and Labrador 3 4 9 -25.0 -66.7 24 35 -31.4
Bankruptcies 3 4 8 -25.0 -62.5 18 26 -30.8
Proposals 0 0 1 n/a -100.0 6 9 -33.3
Avalon Peninsula 3 4 7 -25.0 -57.1 19 21 -9.5
Bankruptcies 3 4 6 -25.0 -50.0 14 12 16.7
Proposals 0 0 1 n/a -100.0 5 9 -44.4
South Coast – Burin Peninsula 0 0 1 n/a -100.0 0 5 -100.0
Bankruptcies 0 0 1 n/a -100.0 0 5 -100.0
Proposals 0 0 0 n/a n/a 0 0 n/a
West Coast – Northern Peninsula – Labrador 0 0 1 n/a -100.0 4 4 0.0
Bankruptcies 0 0 1 n/a -100.0 4 4 0.0
Proposals 0 0 0 n/a n/a 0 0 n/a
Notre Dame – Central Bonavista Bay 0 0 0 n/a n/a 1 5 -80.0
Bankruptcies 0 0 0 n/a n/a 0 5 -100.0
Proposals 0 0 0 n/a n/a 1 0 n/a
Prince Edward Island 1 1 4 0.0 -75.0 4 14 -71.4
Bankruptcies 1 1 2 0.0 -50.0 4 11 -63.6
Proposals 0 0 2 n/a -100.0 0 3 -100.0
Nova Scotia 7 16 13 -56.3 -46.2 50 59 -15.3
Bankruptcies 5 12 12 -58.3 -58.3 39 51 -23.5
Proposals 2 4 1 -50.0 100.0 11 8 37.5
Cape Breton 1 1 2 0.0 -50.0 3 2 50.0
Bankruptcies 1 0 2 n/a -50.0 1 2 -50.0
Proposals 0 1 0 -100.0 n/a 2 0 n/a
North Shore 0 1 1 -100.0 -100.0 7 10 -30.0
Bankruptcies 0 1 0 -100.0 n/a 6 7 -14.3
Proposals 0 0 1 n/a -100.0 1 3 -66.7
Annapolis Valley 0 0 1 n/a -100.0 3 7 -57.1
Bankruptcies 0 0 1 n/a -100.0 3 7 -57.1
Proposals 0 0 0 n/a n/a 0 0 n/a
Southern 3 1 2 200.0 50.0 5 14 -64.3
Bankruptcies 3 0 2 n/a 50.0 4 12 -66.7
Proposals 0 1 0 -100.0 n/a 1 2 -50.0
Halifax 3 13 7 -76.9 -57.1 32 24 33.3
Bankruptcies 1 11 7 -90.9 -85.7 25 21 19.0
Proposals 2 2 0 0.0 n/a 7 3 133.3
New Brunswick 15 5 23 200.0 -34.8 46 58 -20.7
Bankruptcies 15 5 18 200.0 -16.7 37 48 -22.9
Proposals 0 0 5 n/a -100.0 9 10 -10.0
Campbellton – Miramichi 3 2 3 50.0 0.0 6 15 -60.0
Bankruptcies 3 2 2 50.0 50.0 6 11 -45.5
Proposals 0 0 1 n/a -100.0 0 4 -100.0
Moncton – Richibucto 5 1 4 400.0 25.0 23 16 43.8
Bankruptcies 5 1 2 400.0 150.0 16 13 23.1
Proposals 0 0 2 n/a -100.0 7 3 133.3
Saint John – St. Stephen 5 2 3 150.0 66.7 12 12 0.0
Bankruptcies 5 2 3 150.0 66.7 11 11 0.0
Proposals 0 0 0 n/a n/a 1 1 0.0
Fredericton – Oromocto 0 0 4 n/a -100.0 0 6 -100.0
Bankruptcies 0 0 3 n/a -100.0 0 5 -100.0
Proposals 0 0 1 n/a -100.0 0 1 -100.0
Edmundston – Woodstock 2 0 8 n/a -75.0 5 9 -44.4
Bankruptcies 2 0 7 n/a -71.4 4 8 -50.0
Proposals 0 0 1 n/a -100.0 1 1 0.0
Quebec 513 558 545 -8.1 -5.9 2,042 2,093 -2.4
Bankruptcies 373 422 437 -11.6 -14.6 1,524 1,586 -3.9
Proposals 140 136 108 2.9 29.6 518 507 2.2
Gaspésie – Îles-de-la-Madeleine 3 3 2 0.0 50.0 12 13 -7.7
Bankruptcies 2 3 2 -33.3 0.0 9 12 -25.0
Proposals 1 0 0 n/a n/a 3 1 200.0
Bas-Saint-Laurent 11 10 17 10.0 -35.3 37 49 -24.5
Bankruptcies 8 6 13 33.3 -38.5 28 38 -26.3
Proposals 3 4 4 -25.0 -25.0 9 11 -18.2
Capitale-Nationale 52 50 50 4.0 4.0 196 207 -5.3
Bankruptcies 44 34 40 29.4 10.0 153 148 3.4
Proposals 8 16 10 -50.0 -20.0 43 59 -27.1
Chaudière – Appalaches 30 28 29 7.1 3.4 101 95 6.3
Bankruptcies 18 22 28 -18.2 -35.7 78 77 1.3
Proposals 12 6 1 100.0 1,100.0 23 18 27.8
Estrie 11 8 15 37.5 -26.7 34 51 -33.3
Bankruptcies 11 8 15 37.5 -26.7 32 42 -23.8
Proposals 0 0 0 n/a n/a 2 9 -77.8
Centre-du-Québec 19 6 7 216.7 171.4 50 55 -9.1
Bankruptcies 12 5 2 140.0 500.0 41 32 28.1
Proposals 7 1 5 600.0 40.0 9 23 -60.9
Montérégie 98 91 95 7.7 3.2 339 342 -0.9
Bankruptcies 79 69 75 14.5 5.3 265 269 -1.5
Proposals 19 22 20 -13.6 -5.0 74 73 1.4
Montréal 112 151 146 -25.8 -23.3 538 560 -3.9
Bankruptcies 72 110 111 -34.5 -35.1 373 420 -11.2
Proposals 40 41 35 -2.4 14.3 165 140 17.9
Laval 24 37 46 -35.1 -47.8 118 124 -4.8
Bankruptcies 21 32 39 -34.4 -46.2 90 93 -3.2
Proposals 3 5 7 -40.0 -57.1 28 31 -9.7
Lanaudière 28 39 22 -28.2 27.3 134 103 30.1
Bankruptcies 20 27 19 -25.9 5.3 97 73 32.9
Proposals 8 12 3 -33.3 166.7 37 30 23.3
Laurentides 47 50 37 -6.0 27.0 179 191 -6.3
Bankruptcies 33 38 28 -13.2 17.9 135 136 -0.7
Proposals 14 12 9 16.7 55.6 44 55 -20.0
Outaouais 19 22 17 -13.6 11.8 70 78 -10.3
Bankruptcies 11 16 12 -31.3 -8.3 45 57 -21.1
Proposals 8 6 5 33.3 60.0 25 21 19.0
Abitibi – Témiscamingue 13 10 12 30.0 8.3 46 38 21.1
Bankruptcies 10 10 10 0.0 0.0 40 33 21.2
Proposals 3 0 2 n/a 50.0 6 5 20.0
Mauricie 24 23 34 4.3 -29.4 88 96 -8.3
Bankruptcies 17 16 31 6.3 -45.2 59 81 -27.2
Proposals 7 7 3 0.0 133.3 29 15 93.3
Saguenay – Lac-Saint-Jean 17 19 11 -10.5 54.5 70 55 27.3
Bankruptcies 12 16 9 -25.0 33.3 57 46 23.9
Proposals 5 3 2 66.7 150.0 13 9 44.4
Côte-Nord 3 5 4 -40.0 -25.0 15 25 -40.0
Bankruptcies 2 4 3 -50.0 -33.3 10 22 -54.5
Proposals 1 1 1 0.0 0.0 5 3 66.7
Nord-du-Québec 0 4 0 -100.0 n/a 6 4 50.0
Bankruptcies 0 4 0 -100.0 n/a 5 4 25.0
Proposals 0 0 0 n/a n/a 1 0 n/a
Ontario 234 235 210 -0.4 11.4 913 876 4.2
Bankruptcies 177 180 158 -1.7 12.0 674 645 4.5
Proposals 57 55 52 3.6 9.6 239 231 3.5
Ottawa 28 31 33 -9.7 -15.2 109 112 -2.7
Bankruptcies 19 30 25 -36.7 -24.0 87 84 3.6
Proposals 9 1 8 800.0 12.5 22 28 -21.4
Kingston – Pembroke 5 3 3 66.7 66.7 18 16 12.5
Bankruptcies 5 3 3 66.7 66.7 17 14 21.4
Proposals 0 0 0 n/a n/a 1 2 -50.0
Muskoka – Kawarthas 3 5 6 -40.0 -50.0 14 16 -12.5
Bankruptcies 3 2 4 50.0 -25.0 8 12 -33.3
Proposals 0 3 2 -100.0 -100.0 6 4 50.0
Toronto 136 130 107 4.6 27.1 511 453 12.8
Bankruptcies 99 96 82 3.1 20.7 362 335 8.1
Proposals 37 34 25 8.8 48.0 149 118 26.3
Kitchener – Waterloo – Barrie 10 12 10 -16.7 0.0 49 55 -10.9
Bankruptcies 9 10 8 -10.0 12.5 40 40 0.0
Proposals 1 2 2 -50.0 -50.0 9 15 -40.0
Hamilton – Niagara Peninsula 20 28 21 -28.6 -4.8 96 92 4.3
Bankruptcies 16 20 16 -20.0 0.0 72 75 -4.0
Proposals 4 8 5 -50.0 -20.0 24 17 41.2
London 13 4 7 225.0 85.7 31 45 -31.1
Bankruptcies 9 4 3 125.0 200.0 23 23 0.0
Proposals 4 0 4 n/a 0.0 8 22 -63.6
Windsor – Sarnia 2 9 5 -77.8 -60.0 30 36 -16.7
Bankruptcies 2 5 3 -60.0 -33.3 18 29 -37.9
Proposals 0 4 2 -100.0 -100.0 12 7 71.4
Stratford – Bruce Peninsula 3 1 3 200.0 0.0 12 14 -14.3
Bankruptcies 3 1 3 200.0 0.0 11 12 -8.3
Proposals 0 0 0 n/a n/a 1 2 -50.0
Northeast 9 8 7 12.5 28.6 29 16 81.3
Bankruptcies 8 6 6 33.3 33.3 25 9 177.8
Proposals 1 2 1 -50.0 0.0 4 7 -42.9
Northwest 2 3 6 -33.3 -66.7 8 14 -42.9
Bankruptcies 2 2 4 0.0 -50.0 7 11 -36.4
Proposals 0 1 2 -100.0 -100.0 1 3 -66.7
Manitoba 6 8 10 -25.0 -40.0 31 46 -32.6
Bankruptcies 5 8 9 -37.5 -44.4 25 37 -32.4
Proposals 1 0 1 n/a 0.0 6 9 -33.3
Southeast 0 1 2 -100.0 -100.0 3 6 -50.0
Bankruptcies 0 1 2 -100.0 -100.0 3 5 -40.0
Proposals 0 0 0 n/a n/a 0 1 -100.0
South Central 0 0 0 n/a n/a 2 1 100.0
Bankruptcies 0 0 0 n/a n/a 1 1 0.0
Proposals 0 0 0 n/a n/a 1 0 n/a
Southwest 2 1 0 100.0 n/a 7 12 -41.7
Bankruptcies 1 1 0 0.0 n/a 5 7 -28.6
Proposals 1 0 0 n/a n/a 2 5 -60.0
North Central 0 0 2 n/a -100.0 0 2 -100.0
Bankruptcies 0 0 2 n/a -100.0 0 2 -100.0
Proposals 0 0 0 n/a n/a 0 0 n/a
Winnipeg 3 5 4 -40.0 -25.0 11 19 -42.1
Bankruptcies 3 5 3 -40.0 0.0 10 16 -37.5
Proposals 0 0 1 n/a -100.0 1 3 -66.7
Interlake 0 0 2 n/a -100.0 1 6 -83.3
Bankruptcies 0 0 2 n/a -100.0 1 6 -83.3
Proposals 0 0 0 n/a n/a 0 0 n/a
Parklands 1 1 0 0.0 n/a 7 0 n/a
Bankruptcies 1 1 0 0.0 n/a 5 0 n/a
Proposals 0 0 0 n/a n/a 2 0 n/a
North 0 0 0 n/a n/a 0 0 n/a
Bankruptcies 0 0 0 n/a n/a 0 0 n/a
Proposals 0 0 0 n/a n/a 0 0 n/a
Saskatchewan 23 27 41 -14.8 -43.9 115 124 -7.3
Bankruptcies 16 15 32 6.7 -50.0 85 93 -8.6
Proposals 7 12 9 -41.7 -22.2 30 31 -3.2
Regina – Moose Mountain 15 9 8 66.7 87.5 46 37 24.3
Bankruptcies 11 5 5 120.0 120.0 32 24 33.3
Proposals 4 4 3 0.0 33.3 14 13 7.7
Swift Current – Moose Jaw 0 1 10 -100.0 -100.0 3 24 -87.5
Bankruptcies 0 1 6 -100.0 -100.0 3 16 -81.3
Proposals 0 0 4 n/a -100.0 0 8 -100.0
Saskatoon – Biggar 6 11 12 -45.5 -50.0 43 28 53.6
Bankruptcies 4 6 11 -33.3 -63.6 34 24 41.7
Proposals 2 5 1 -60.0 100.0 9 4 125.0
Yorkton – Melville 0 2 3 -100.0 -100.0 7 11 -36.4
Bankruptcies 0 1 2 -100.0 -100.0 6 7 -14.3
Proposals 0 1 1 -100.0 -100.0 1 4 -75.0
Prince Albert 2 4 6 -50.0 -66.7 14 20 -30.0
Bankruptcies 1 2 6 -50.0 -83.3 9 19 -52.6
Proposals 1 2 0 -50.0 n/a 5 1 400.0
Northern 0 0 2 n/a -100.0 1 2 -50.0
Bankruptcies 0 0 2 n/a -100.0 0 2 -100.0
Proposals 0 0 0 n/a n/a 1 0 n/a
Alberta 51 47 60 8.5 -15.0 198 193 2.6
Bankruptcies 41 31 41 32.3 0.0 135 139 -2.9
Proposals 10 16 19 -37.5 -47.4 63 54 16.7
Lethbridge – Medicine Hat 0 1 0 -100.0 n/a 3 3 0.0
Bankruptcies 0 1 0 -100.0 n/a 3 3 0.0
Proposals 0 0 0 n/a n/a 0 0 n/a
Camrose – Drumheller 2 0 0 n/a n/a 4 4 0.0
Bankruptcies 2 0 0 n/a n/a 4 2 100.0
Proposals 0 0 0 n/a n/a 0 2 -100.0
Calgary 18 22 32 -18.2 -43.8 86 101 -14.9
Bankruptcies 13 17 24 -23.5 -45.8 66 70 -5.7
Proposals 5 5 8 0.0 -37.5 20 31 -35.5
Banff – Jasper – Rocky Mountain House 1 0 0 n/a n/a 2 1 100.0
Bankruptcies 1 0 0 n/a n/a 1 1 0.0
Proposals 0 0 0 n/a n/a 1 0 n/a
Red Deer 6 2 1 200.0 500.0 10 5 100.0
Bankruptcies 6 2 1 200.0 500.0 10 5 100.0
Proposals 0 0 0 n/a n/a 0 0 n/a
Edmonton 12 18 20 -33.3 -40.0 69 65 6.2
Bankruptcies 8 7 12 14.3 -33.3 29 47 -38.3
Proposals 4 11 8 -63.6 -50.0 40 18 122.2
Athabasca – Grande Prairie – Peace River 7 3 3 133.3 133.3 16 8 100.0
Bankruptcies 7 3 3 133.3 133.3 15 8 87.5
Proposals 0 0 0 n/a n/a 1 0 n/a
Wood Buffalo – Cold Lake 3 1 3 200.0 0.0 6 6 0.0
Bankruptcies 2 1 1 100.0 100.0 5 3 66.7
Proposals 1 0 2 n/a -50.0 1 3 -66.7
British Columbia 25 29 37 -13.8 -32.4 112 175 -36.0
Bankruptcies 20 22 31 -9.1 -35.5 84 139 -39.6
Proposals 5 7 6 -28.6 -16.7 28 36 -22.2
Vancouver Island and Coast 3 6 3 -50.0 0.0 15 19 -21.1
Bankruptcies 2 4 0 -50.0 n/a 11 11 0.0
Proposals 1 2 3 -50.0 -66.7 4 8 -50.0
Lower Mainland – Southwest 19 12 28 58.3 -32.1 75 125 -40.0
Bankruptcies 15 10 25 50.0 -40.0 55 102 -46.1
Proposals 4 2 3 100.0 33.3 20 23 -13.0
Thompson – Okanagan 3 7 4 -57.1 -25.0 17 16 6.3
Bankruptcies 3 4 4 -25.0 -25.0 12 16 -25.0
Proposals 0 3 0 -100.0 n/a 5 0 n/a
Kootenay 0 0 0 n/a n/a 0 4 -100.0
Bankruptcies 0 0 0 n/a n/a 0 2 -100.0
Proposals 0 0 0 n/a n/a 0 2 -100.0
Cariboo 0 1 2 -100.0 -100.0 2 6 -66.7
Bankruptcies 0 1 2 -100.0 -100.0 2 6 -66.7
Proposals 0 0 0 n/a n/a 0 0 n/a
North Coast 0 1 0 -100.0 n/a 1 1 0.0
Bankruptcies 0 1 0 -100.0 n/a 1 1 0.0
Proposals 0 0 0 n/a n/a 0 0 n/a
Nechako 0 0 0 n/a n/a 1 0 n/a
Bankruptcies 0 0 0 n/a n/a 1 0 n/a
Proposals 0 0 0 n/a n/a 0 0 n/a
Northeast 0 1 0 -100.0 n/a 1 1 0.0
Bankruptcies 0 1 0 -100.0 n/a 1 0 n/a
Proposals 0 0 0 n/a n/a 0 1 -100.0
Northwest Territories 0 0 1 n/a -100.0 0 1 -100.0
Bankruptcies 0 0 1 n/a -100.0 0 1 -100.0
Proposals 0 0 0 n/a n/a 0 0 n/a
Yukon 0 0 0 n/a n/a 0 0 n/a
Bankruptcies 0 0 0 n/a n/a 0 0 n/a
Proposals 0 0 0 n/a n/a 0 0 n/a
Nunavut 0 0 0 n/a n/a 0 0 n/a
Bankruptcies 0 0 0 n/a n/a 0 0 n/a
Proposals 0 0 0 n/a n/a 0 0 n/a
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