Insolvency Statistics in Canada—2018 (Table 2)

Table 2: Insolvencies Filed by Consumers
Province Volume 2018
2018 2017 % Change Assets Declared at the Time of Filing ($) Liabilities Declared at the Time of Filing ($)
Newfoundland and Labrador 2,802 2,479 13.0 350,248,246 422,595,066
Bankruptcies 1,376 1,367 0.7 114,336,186 183,095,521
Proposals 1,426 1,112 28.2 235,912,060 239,499,545
Prince Edward Island 731 673 8.6 48,701,837 79,952,898
Bankruptcies 426 387 10.1 16,215,720 46,349,254
Proposals 305 286 6.6 32,486,117 33,603,644
Nova Scotia 5,595 5,724 -2.3 433,944,461 606,034,345
Bankruptcies 3,483 3,807 -8.5 203,424,484 354,076,556
Proposals 2,112 1,917 10.2 230,519,977 251,957,789
New Brunswick 4,480 4,361 2.7 358,093,772 489,664,180
Bankruptcies 2,262 2,457 -7.9 118,862,653 235,185,932
Proposals 2,218 1,904 16.5 239,231,119 254,478,248
Quebec 41,736 41,670 0.2 3,000,553,236 4,128,738,251
Bankruptcies 21,188 22,647 -6.4 866,646,208 1,800,330,464
Proposals 20,548 19,023 8.0 2,133,907,028 2,328,407,787
Ontario 38,856 38,167 1.8 2,273,993,927 3,614,819,557
Bankruptcies 14,660 15,336 -4.4 451,149,344 1,445,140,644
Proposals 24,196 22,831 6.0 1,822,844,583 2,169,678,913
Manitoba 2,824 2,604 8.4 266,571,898 347,845,492
Bankruptcies 1,364 1,375 -0.8 91,139,543 164,650,005
Proposals 1,460 1,229 18.8 175,432,355 183,195,487
Saskatchewan 3,399 3,122 8.9 572,244,564 553,018,610
Bankruptcies 1,280 1,368 -6.4 168,872,988 215,400,211
Proposals 2,119 1,754 20.8 403,371,576 337,618,399
Alberta 14,555 13,286 9.6 2,260,447,589 2,801,832,533
Bankruptcies 4,925 5,008 -1.7 620,916,473 1,077,852,388
Proposals 9,630 8,278 16.3 1,639,531,116 1,723,980,145
British Columbia 10,172 9,991 1.8 485,594,404 961,242,684
Bankruptcies 4,072 4,146 -1.8 132,336,704 472,838,098
Proposals 6,100 5,845 4.4 353,257,700 488,404,586
Northwest Territories 78 80 -2.5 9,017,123 10,194,102
Bankruptcies 42 51 -17.6 4,069,563 5,415,590
Proposals 36 29 24.1 4,947,560 4,778,512
Yukon 35 37 -5.4 2,632,348 4,915,959
Bankruptcies 13 18 -27.8 1,257,655 2,989,536
Proposals 22 19 15.8 1,374,693 1,926,423
Nunavut 3 4 -25.0 431,212 672,534
Bankruptcies 0 2 -100.0 0 0
Proposals 3 2 50.0 431,212 672,534
Canada 125,266 122,198 2.5 10,062,474,617 14,021,526,211
Bankruptcies 55,091 57,969 -5.0 2,789,227,521 6,003,324,199
Proposals 70,175 64,229 9.3 7,273,247,096 8,018,202,012
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