Insolvency Statistics in Canada—Third Quarter of 2018

Table 6: Insolvencies Filed by Businesses by Economic Region

Volume

% Change

12-Month Period Ending

Q3 2018

Q2 2018

Q3 2017

Q2 2018
to
Q3 2018

Q3 2017
to
Q3 2018

09-30-2018

09-30-2017

% Change

Newfoundland and Labrador

7 3 7 133.3 0.0 24 36 -33.3

Bankruptcies

6 3 6 100.0 0.0 18 27 -33.3

Proposals

1 0 1 n/a 0.0 6 9 -33.3

Avalon Peninsula

5 3 5 66.7 0.0 19 25 -24.0

Bankruptcies

5 3 5 66.7 0.0 14 17 -17.6

Proposals

0 0 0 n/a n/a 5 8 -37.5

South Coast - Burin Peninsula

0 0 0 n/a n/a 0 4 -100.0

Bankruptcies

0 0 0 n/a n/a 0 4 -100.0

Proposals

0 0 0 n/a n/a 0 0 n/a

West Coast - Northern Peninsula - Labrador

2 0 1 n/a 100.0 5 4 25.0

Bankruptcies

2 0 1 n/a 100.0 5 4 25.0

Proposals

0 0 0 n/a n/a 0 0 n/a

Notre Dame - Central Bonavista Bay

1 0 1 n/a 0.0 1 3 -66.7

Bankruptcies

0 0 0 n/a n/a 0 2 -100.0

Proposals

1 0 1 n/a 0.0 1 1 0.0

Prince Edward Island

2 1 2 100.0 0.0 4 13 -69.2

Bankruptcies

1 1 2 0.0 -50.0 3 10 -70.0

Proposals

1 0 0 n/a n/a 1 3 -66.7

Nova Scotia

16 7 17 128.6 -5.9 49 57 -14.0

Bankruptcies

9 5 14 80.0 -35.7 34 48 -29.2

Proposals

7 2 3 250.0 133.3 15 9 66.7

Cape Breton

2 1 1 100.0 100.0 4 3 33.3

Bankruptcies

1 1 0 0.0 n/a 2 2 0.0

Proposals

1 0 1 n/a 0.0 2 1 100.0

North Shore

1 0 1 n/a 0.0 7 9 -22.2

Bankruptcies

0 0 1 n/a -100.0 5 6 -16.7

Proposals

1 0 0 n/a n/a 2 3 -33.3

Annapolis Valley

2 0 2 n/a 0.0 3 6 -50.0

Bankruptcies

1 0 2 n/a -50.0 2 6 -66.7

Proposals

1 0 0 n/a n/a 1 0 n/a

Southern

1 3 1 -66.7 0.0 5 13 -61.5

Bankruptcies

1 3 1 -66.7 0.0 4 11 -63.6

Proposals

0 0 0 n/a n/a 1 2 -50.0

Halifax

10 3 12 233.3 -16.7 30 26 15.4

Bankruptcies

6 1 10 500.0 -40.0 21 23 -8.7

Proposals

4 2 2 100.0 100.0 9 3 200.0

New Brunswick

8 15 6 -46.7 33.3 48 50 -4.0

Bankruptcies

5 15 6 -66.7 -16.7 36 43 -16.3

Proposals

3 0 0 n/a n/a 12 7 71.4

Campbellton - Miramichi

2 3 0 -33.3 n/a 8 12 -33.3

Bankruptcies

1 3 0 -66.7 n/a 7 10 -30.0

Proposals

1 0 0 n/a n/a 1 2 -50.0

Moncton - Richibucto

4 5 2 -20.0 100.0 25 12 108.3

Bankruptcies

2 5 2 -60.0 0.0 16 9 77.8

Proposals

2 0 0 n/a n/a 9 3 200.0

Saint John - St.Stephen

0 5 3 -100.0 -100.0 9 10 -10.0

Bankruptcies

0 5 3 -100.0 -100.0 8 10 -20.0

Proposals

0 0 0 n/a n/a 1 0 n/a

Fredericton - Oromocto

0 0 0 n/a n/a 0 6 -100.0

Bankruptcies

0 0 0 n/a n/a 0 5 -100.0

Proposals

0 0 0 n/a n/a 0 1 -100.0

Edmundston - Woodstock

2 2 1 0.0 100.0 6 9 -33.3

Bankruptcies

2 2 1 0.0 100.0 5 8 -37.5

Proposals

0 0 0 n/a n/a 1 1 0.0

Quebec

475 513 440 -7.4 8.0 2,077 2,056 1.0

Bankruptcies

360 373 328 -3.5 9.8 1,556 1,562 -0.4

Proposals

115 140 112 -17.9 2.7 521 494 5.5

Gaspésie - Îles-de-la-Madeleine

6 3 1 100.0 500.0 17 13 30.8

Bankruptcies

6 2 1 200.0 500.0 14 12 16.7

Proposals

0 1 0 -100.0 n/a 3 1 200.0

Bas-Saint-Laurent

17 11 7 54.5 142.9 47 44 6.8

Bankruptcies

14 8 7 75.0 100.0 35 35 0.0

Proposals

3 3 0 0.0 n/a 12 9 33.3

Capitale-Nationale

51 52 42 -1.9 21.4 205 204 0.5

Bankruptcies

38 44 36 -13.6 5.6 155 152 2.0

Proposals

13 8 6 62.5 116.7 50 52 -3.8

Chaudière - Appalaches

35 30 20 16.7 75.0 116 99 17.2

Bankruptcies

18 18 18 0.0 0.0 78 83 -6.0

Proposals

17 12 2 41.7 750.0 38 16 137.5

Estrie

7 11 7 -36.4 0.0 34 48 -29.2

Bankruptcies

4 11 7 -63.6 -42.9 29 40 -27.5

Proposals

3 0 0 n/a n/a 5 8 -37.5

Centre-du-Québec

6 19 11 -68.4 -45.5 45 58 -22.4

Bankruptcies

6 12 11 -50.0 -45.5 36 38 -5.3

Proposals

0 7 0 -100.0 n/a 9 20 -55.0

Montérégie

80 98 68 -18.4 17.6 351 332 5.7

Bankruptcies

59 79 52 -25.3 13.5 272 258 5.4

Proposals

21 19 16 10.5 31.3 79 74 6.8

Montréal

141 112 132 25.9 6.8 547 555 -1.4

Bankruptcies

108 72 90 50.0 20.0 391 408 -4.2

Proposals

33 40 42 -17.5 -21.4 156 147 6.1

Laval

32 24 31 33.3 3.2 119 131 -9.2

Bankruptcies

26 21 19 23.8 36.8 97 97 0.0

Proposals

6 3 12 100.0 -50.0 22 34 -35.3

Lanaudière

24 28 25 -14.3 -4.0 133 105 26.7

Bankruptcies

16 20 16 -20.0 0.0 97 74 31.1

Proposals

8 8 9 0.0 -11.1 36 31 16.1

Laurentides

27 47 39 -42.6 -30.8 167 175 -4.6

Bankruptcies

24 33 30 -27.3 -20.0 129 132 -2.3

Proposals

3 14 9 -78.6 -66.7 38 43 -11.6

Outaouais

14 19 11 -26.3 27.3 73 67 9.0

Bankruptcies

12 11 6 9.1 100.0 51 48 6.3

Proposals

2 8 5 -75.0 -60.0 22 19 15.8

Abitibi - Témiscamingue

6 13 9 -53.8 -33.3 43 35 22.9

Bankruptcies

5 10 6 -50.0 -16.7 39 28 39.3

Proposals

1 3 3 -66.7 -66.7 4 7 -42.9

Mauricie

17 24 15 -29.2 13.3 90 95 -5.3

Bankruptcies

15 17 12 -11.8 25.0 62 78 -20.5

Proposals

2 7 3 -71.4 -33.3 28 17 64.7

Saguenay - Lac-Saint-Jean

6 17 17 -64.7 -64.7 59 58 1.7

Bankruptcies

5 12 14 -58.3 -64.3 48 50 -4.0

Proposals

1 5 3 -80.0 -66.7 11 8 37.5

Côte-Nord

3 3 3 0.0 0.0 15 26 -42.3

Bankruptcies

2 2 1 0.0 100.0 11 21 -47.6

Proposals

1 1 2 0.0 -50.0 4 5 -20.0

Nord-du-Québec

0 0 0 n/a n/a 6 3 100.0

Bankruptcies

0 0 0 n/a n/a 5 3 66.7

Proposals

0 0 0 n/a n/a 1 0 n/a

Ontario

215 234 215 -8.1 0.0 913 874 4.5

Bankruptcies

154 177 157 -13.0 -1.9 671 635 5.7

Proposals

61 57 58 7.0 5.2 242 239 1.3

Ottawa

18 28 28 -35.7 -35.7 99 117 -15.4

Bankruptcies

11 19 21 -42.1 -47.6 77 85 -9.4

Proposals

7 9 7 -22.2 0.0 22 32 -31.3

Kingston - Pembroke

2 5 6 -60.0 -66.7 14 16 -12.5

Bankruptcies

2 5 5 -60.0 -60.0 14 15 -6.7

Proposals

0 0 1 n/a -100.0 0 1 -100.0

Muskoka - Kawarthas

5 3 1 66.7 400.0 18 15 20.0

Bankruptcies

3 3 0 0.0 n/a 11 11 0.0

Proposals

2 0 1 n/a 100.0 7 4 75.0

Toronto

128 136 118 -5.9 8.5 521 459 13.5

Bankruptcies

93 99 81 -6.1 14.8 374 327 14.4

Proposals

35 37 37 -5.4 -5.4 147 132 11.4

Kitchener - Waterloo - Barrie

21 10 14 110.0 50.0 56 53 5.7

Bankruptcies

17 9 11 88.9 54.5 46 42 9.5

Proposals

4 1 3 300.0 33.3 10 11 -9.1

Hamilton - Niagara Peninsula

13 20 17 -35.0 -23.5 92 79 16.5

Bankruptcies

10 16 15 -37.5 -33.3 67 63 6.3

Proposals

3 4 2 -25.0 50.0 25 16 56.3

London

7 13 7 -46.2 0.0 31 42 -26.2

Bankruptcies

4 9 6 -55.6 -33.3 21 24 -12.5

Proposals

3 4 1 -25.0 200.0 10 18 -44.4

Windsor - Sarnia

11 2 8 450.0 37.5 33 34 -2.9

Bankruptcies

6 2 5 200.0 20.0 19 25 -24.0

Proposals

5 0 3 n/a 66.7 14 9 55.6

Stratford - Bruce Peninsula

4 3 5 33.3 -20.0 11 17 -35.3

Bankruptcies

3 3 4 0.0 -25.0 10 15 -33.3

Proposals

1 0 1 n/a 0.0 1 2 -50.0

Northeast

4 9 7 -55.6 -42.9 26 21 23.8

Bankruptcies

4 8 6 -50.0 -33.3 23 15 53.3

Proposals

0 1 1 -100.0 -100.0 3 6 -50.0

Northwest

0 2 2 -100.0 -100.0 6 14 -57.1

Bankruptcies

0 2 2 -100.0 -100.0 5 11 -54.5

Proposals

0 0 0 n/a n/a 1 3 -66.7

Manitoba

9 6 7 50.0 28.6 33 43 -23.3

Bankruptcies

8 5 4 60.0 100.0 29 32 -9.4

Proposals

1 1 3 0.0 -66.7 4 11 -63.6

Southeast

0 0 0 n/a n/a 3 4 -25.0

Bankruptcies

0 0 0 n/a n/a 3 4 -25.0

Proposals

0 0 0 n/a n/a 0 0 n/a

South Central

0 0 1 n/a -100.0 1 2 -50.0

Bankruptcies

0 0 0 n/a n/a 1 1 0.0

Proposals

0 0 1 n/a -100.0 0 1 -100.0

Southwest

2 2 2 0.0 0.0 7 10 -30.0

Bankruptcies

2 1 1 100.0 100.0 6 4 50.0

Proposals

0 1 1 -100.0 -100.0 1 6 -83.3

North Central

1 0 0 n/a n/a 1 2 -50.0

Bankruptcies

0 0 0 n/a n/a 0 2 -100.0

Proposals

1 0 0 n/a n/a 1 0 n/a

Winnipeg

4 3 2 33.3 100.0 13 17 -23.5

Bankruptcies

4 3 1 33.3 300.0 13 13 0.0

Proposals

0 0 1 n/a -100.0 0 4 -100.0

Interlake

2 0 0 n/a n/a 3 6 -50.0

Bankruptcies

2 0 0 n/a n/a 3 6 -50.0

Proposals

0 0 0 n/a n/a 0 0 n/a

Parklands

0 1 2 -100.0 -100.0 5 2 150.0

Bankruptcies

0 1 2 -100.0 -100.0 3 2 50.0

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

21 23 22 -8.7 -4.5 114 121 -5.8

Bankruptcies

10 16 18 -37.5 -44.4 77 90 -14.4

Proposals

11 7 4 57.1 175.0 37 31 19.4

Regina - Moose Mountain

13 15 9 -13.3 44.4 50 40 25.0

Bankruptcies

5 11 5 -54.5 0.0 32 24 33.3

Proposals

8 4 4 100.0 100.0 18 16 12.5

Swift Current - Moose Jaw

5 0 1 n/a 400.0 7 20 -65.0

Bankruptcies

3 0 1 n/a 200.0 5 13 -61.5

Proposals

2 0 0 n/a n/a 2 7 -71.4

Saskatoon - Biggar

1 6 5 -83.3 -80.0 39 28 39.3

Bankruptcies

1 4 5 -75.0 -80.0 30 24 25.0

Proposals

0 2 0 -100.0 n/a 9 4 125.0

Yorkton - Melville

1 0 2 n/a -50.0 6 10 -40.0

Bankruptcies

0 0 2 n/a -100.0 4 6 -33.3

Proposals

1 0 0 n/a n/a 2 4 -50.0

Prince Albert

1 2 4 -50.0 -75.0 11 19 -42.1

Bankruptcies

1 1 4 0.0 -75.0 6 19 -68.4

Proposals

0 1 0 -100.0 n/a 5 0 n/a

Northern

0 0 0 n/a n/a 1 2 -50.0

Bankruptcies

0 0 0 n/a n/a 0 2 -100.0

Proposals

0 0 0 n/a n/a 1 0 n/a

Alberta

52 51 48 2.0 8.3 202 206 -1.9

Bankruptcies

40 41 28 -2.4 42.9 147 140 5.0

Proposals

12 10 20 20.0 -40.0 55 66 -16.7

Lethbridge - Medicine Hat

2 0 1 n/a 100.0 4 3 33.3

Bankruptcies

2 0 1 n/a 100.0 4 3 33.3

Proposals

0 0 0 n/a n/a 0 0 n/a

Camrose - Drumheller

1 2 0 -50.0 n/a 5 4 25.0

Bankruptcies

1 2 0 -50.0 n/a 5 2 150.0

Proposals

0 0 0 n/a n/a 0 2 -100.0

Calgary

28 18 19 55.6 47.4 95 102 -6.9

Bankruptcies

22 13 16 69.2 37.5 72 72 0.0

Proposals

6 5 3 20.0 100.0 23 30 -23.3

Banff - Jasper - Rocky Mountain House

2 1 0 100.0 n/a 4 1 300.0

Bankruptcies

1 1 0 0.0 n/a 2 1 100.0

Proposals

1 0 0 n/a n/a 2 0 n/a

Red Deer

1 6 0 -83.3 n/a 11 4 175.0

Bankruptcies

0 6 0 -100.0 n/a 10 4 150.0

Proposals

1 0 0 n/a n/a 1 0 n/a

Edmonton

13 12 23 8.3 -43.5 59 74 -20.3

Bankruptcies

10 8 7 25.0 42.9 32 44 -27.3

Proposals

3 4 16 -25.0 -81.3 27 30 -10.0

Athabasca - Grande Prairie - Peace River

4 7 4 -42.9 0.0 16 12 33.3

Bankruptcies

3 7 3 -57.1 0.0 15 11 36.4

Proposals

1 0 1 n/a 0.0 1 1 0.0

Wood Buffalo - Cold Lake

1 3 1 -66.7 0.0 6 5 20.0

Bankruptcies

1 2 1 -50.0 0.0 5 3 66.7

Proposals

0 1 0 -100.0 n/a 1 2 -50.0

British Columbia

21 25 26 -16.0 -19.2 107 159 -32.7

Bankruptcies

16 20 22 -20.0 -27.3 78 131 -40.5

Proposals

5 5 4 0.0 25.0 29 28 3.6

Vancouver Island and Coast

3 3 4 0.0 -25.0 14 17 -17.6

Bankruptcies

1 2 3 -50.0 -66.7 9 10 -10.0

Proposals

2 1 1 100.0 100.0 5 7 -28.6

Lower Mainland - Southwest

15 19 18 -21.1 -16.7 72 115 -37.4

Bankruptcies

12 15 16 -20.0 -25.0 51 99 -48.5

Proposals

3 4 2 -25.0 50.0 21 16 31.3

Thompson - Okanagan

2 3 4 -33.3 -50.0 15 15 0.0

Bankruptcies

2 3 2 -33.3 0.0 12 13 -7.7

Proposals

0 0 2 n/a -100.0 3 2 50.0

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 0 1 n/a -100.0 1 6 -83.3

Bankruptcies

0 0 1 n/a -100.0 1 6 -83.3

Proposals

0 0 0 n/a n/a 0 0 n/a

North Coast

0 0 0 n/a n/a 1 1 0.0

Bankruptcies

0 0 0 n/a 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

1 0 0 n/a n/a 2 1 100.0

Bankruptcies

1 0 0 n/a n/a 2 0 n/a

Proposals

0 0 0 n/a n/a 0 1 -100.0

Northwest Territories

0 0 0 n/a n/a 0 1 -100.0

Bankruptcies

0 0 0 n/a n/a 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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