Table 6: Insolvencies Filed by Businesses by Economic Region (ER)Province, territory or region | Volume | 2018 |
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2018 | 2017 | % Change | Assets Declared at the Time of Filing ($) | Liabilities Declared at the Time of Filing ($) |
Newfoundland and Labrador | 24 | 36 | -33.3 | 37,829,949 | 116,106,202 |
---|
Bankruptcies | 20 | 23 | -13.0 | 35,883,883 | 90,894,604 |
---|
Proposals | 4 | 13 | -69.2 | 1,946,066 | 25,211,598 |
---|
Avalon Peninsula | 18 | 27 | -33.3 | 35,039,111 | 105,818,548 |
---|
Bankruptcies | 16 | 15 | 6.7 | 35,039,111 | 88,956,852 |
---|
Proposals | 2 | 12 | -83.3 | 0 | 16,861,696 |
---|
South Coast – Burin Peninsula | 0 | 1 | -100.0 | 0 | 0 |
---|
Bankruptcies | 0 | 1 | -100.0 | 0 | 0 |
---|
Proposals | 0 | 0 | n/a | 0 | 0 |
---|
West Coast – Northern Peninsula – Labrador | 3 | 5 | -40.0 | 775,294 | 1,487,995 |
---|
Bankruptcies | 3 | 5 | -40.0 | 775,294 | 1,487,995 |
---|
Proposals | 0 | 0 | n/a | 0 | 0 |
---|
Notre Dame – Central Bonavista Bay | 4 | 3 | 33.3 | 2,015,544 | 8,799,659 |
---|
Bankruptcies | 2 | 2 | 0.0 | 69,478 | 449,757 |
---|
Proposals | 2 | 1 | 100.0 | 1,946,066 | 8,349,902 |
---|
Prince Edward Island | 4 | 12 | -66.7 | 3,678,639 | 1,384,258 |
---|
Bankruptcies | 3 | 10 | -70.0 | 3,219,717 | 820,332 |
---|
Proposals | 1 | 2 | -50.0 | 458,922 | 563,926 |
---|
Nova Scotia | 47 | 49 | -4.1 | 17,793,226 | 68,114,290 |
---|
Bankruptcies | 33 | 43 | -23.3 | 14,710,752 | 57,238,762 |
---|
Proposals | 14 | 6 | 133.3 | 3,082,474 | 10,875,528 |
---|
Cape Breton | 4 | 3 | 33.3 | 1,302,638 | 4,853,044 |
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Bankruptcies | 2 | 2 | 0.0 | 1,258,638 | 3,807,547 |
---|
Proposals | 2 | 1 | 100.0 | 44,000 | 1,045,497 |
---|
North Shore | 3 | 8 | -62.5 | 122,656 | 400,525 |
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Bankruptcies | 2 | 6 | -66.7 | 122,656 | 400,525 |
---|
Proposals | 1 | 2 | -50.0 | 0 | 0 |
---|
Annapolis Valley | 3 | 5 | -40.0 | 464,998 | 744,957 |
---|
Bankruptcies | 1 | 5 | -80.0 | 71,457 | 603,743 |
---|
Proposals | 2 | 0 | n/a | 393,541 | 141,214 |
---|
Southern | 6 | 6 | 0.0 | 510,757 | 3,189,532 |
---|
Bankruptcies | 5 | 6 | -16.7 | 510,757 | 3,188,532 |
---|
Proposals | 1 | 0 | n/a | 0 | 1,000 |
---|
Halifax | 31 | 27 | 14.8 | 15,392,178 | 58,926,231 |
---|
Bankruptcies | 23 | 24 | -4.2 | 12,747,245 | 49,238,414 |
---|
Proposals | 8 | 3 | 166.7 | 2,644,933 | 9,687,817 |
---|
New Brunswick | 37 | 57 | -35.1 | 16,067,482 | 37,729,417 |
---|
Bankruptcies | 32 | 43 | -25.6 | 15,813,877 | 29,326,345 |
---|
Proposals | 5 | 14 | -64.3 | 253,605 | 8,403,072 |
---|
Campbellton – Miramichi | 8 | 8 | 0.0 | 661,376 | 1,507,896 |
---|
Bankruptcies | 7 | 7 | 0.0 | 656,376 | 1,492,394 |
---|
Proposals | 1 | 1 | 0.0 | 5,000 | 15,502 |
---|
Moncton – Richibucto | 12 | 23 | -47.8 | 4,551,306 | 16,028,059 |
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Bankruptcies | 9 | 14 | -35.7 | 4,327,202 | 7,695,489 |
---|
Proposals | 3 | 9 | -66.7 | 224,104 | 8,332,570 |
---|
Saint John – St. Stephen | 11 | 10 | 10.0 | 5,449,457 | 14,098,297 |
---|
Bankruptcies | 10 | 9 | 11.1 | 5,424,956 | 14,043,297 |
---|
Proposals | 1 | 1 | 0.0 | 24,501 | 55,000 |
---|
Fredericton – Oromocto | 0 | 4 | -100.0 | 0 | 0 |
---|
Bankruptcies | 0 | 3 | -100.0 | 0 | 0 |
---|
Proposals | 0 | 1 | -100.0 | 0 | 0 |
---|
Edmundston – Woodstock | 6 | 11 | -45.5 | 5,405,343 | 6,095,165 |
---|
Bankruptcies | 6 | 9 | -33.3 | 5,405,343 | 6,095,165 |
---|
Proposals | 0 | 2 | -100.0 | 0 | 0 |
---|
Quebec | 2,095 | 2,061 | 1.6 | 150,784,893 | 1,635,167,760 |
---|
Bankruptcies | 1,579 | 1,563 | 1.0 | 105,326,116 | 854,742,045 |
---|
Proposals | 516 | 498 | 3.6 | 45,458,777 | 780,425,715 |
---|
Gaspésie – Îles-de-la-Madeleine | 16 | 11 | 45.5 | 640,294 | 4,658,883 |
---|
Bankruptcies | 15 | 8 | 87.5 | 640,293 | 2,767,876 |
---|
Proposals | 1 | 3 | -66.7 | 1 | 1,891,007 |
---|
Bas-Saint-Laurent | 49 | 46 | 6.5 | 4,979,438 | 16,112,641 |
---|
Bankruptcies | 37 | 36 | 2.8 | 4,032,874 | 10,104,886 |
---|
Proposals | 12 | 10 | 20.0 | 946,564 | 6,007,755 |
---|
Capitale-Nationale | 217 | 211 | 2.8 | 20,214,622 | 103,413,475 |
---|
Bankruptcies | 169 | 165 | 2.4 | 16,539,274 | 76,746,277 |
---|
Proposals | 48 | 46 | 4.3 | 3,675,348 | 26,667,198 |
---|
Chaudière – Appalaches | 120 | 101 | 18.8 | 11,991,245 | 82,150,285 |
---|
Bankruptcies | 77 | 87 | -11.5 | 9,617,786 | 30,048,724 |
---|
Proposals | 43 | 14 | 207.1 | 2,373,459 | 52,101,561 |
---|
Estrie | 38 | 42 | -9.5 | 2,177,682 | 37,731,848 |
---|
Bankruptcies | 34 | 36 | -5.6 | 2,169,980 | 33,003,491 |
---|
Proposals | 4 | 6 | -33.3 | 7,702 | 4,728,357 |
---|
Centre-du-Québec | 39 | 47 | -17.0 | 2,366,703 | 10,419,760 |
---|
Bankruptcies | 30 | 36 | -16.7 | 1,598,386 | 7,930,096 |
---|
Proposals | 9 | 11 | -18.2 | 768,317 | 2,489,664 |
---|
Montérégie | 360 | 327 | 10.1 | 20,842,470 | 156,704,661 |
---|
Bankruptcies | 280 | 250 | 12.0 | 13,876,933 | 86,443,985 |
---|
Proposals | 80 | 77 | 3.9 | 6,965,537 | 70,260,676 |
---|
Montréal | 547 | 556 | -1.6 | 42,485,034 | 866,975,876 |
---|
Bankruptcies | 402 | 400 | 0.5 | 34,078,861 | 425,742,128 |
---|
Proposals | 145 | 156 | -7.1 | 8,406,173 | 441,233,748 |
---|
Laval | 128 | 133 | -3.8 | 9,453,445 | 89,046,740 |
---|
Bankruptcies | 103 | 99 | 4.0 | 3,881,860 | 38,464,628 |
---|
Proposals | 25 | 34 | -26.5 | 5,571,585 | 50,582,112 |
---|
Lanaudière | 127 | 117 | 8.5 | 8,185,356 | 91,684,892 |
---|
Bankruptcies | 91 | 85 | 7.1 | 2,153,060 | 54,371,972 |
---|
Proposals | 36 | 32 | 12.5 | 6,032,296 | 37,312,920 |
---|
Laurentides | 164 | 164 | 0.0 | 6,559,656 | 55,731,620 |
---|
Bankruptcies | 127 | 126 | 0.8 | 3,705,460 | 31,440,798 |
---|
Proposals | 37 | 38 | -2.6 | 2,854,196 | 24,290,822 |
---|
Outaouais | 82 | 68 | 20.6 | 2,090,553 | 23,047,815 |
---|
Bankruptcies | 58 | 47 | 23.4 | 1,183,076 | 12,176,918 |
---|
Proposals | 24 | 21 | 14.3 | 907,477 | 10,870,897 |
---|
Abitibi – Témiscamingue | 36 | 44 | -18.2 | 3,275,881 | 13,634,308 |
---|
Bankruptcies | 31 | 37 | -16.2 | 2,628,678 | 11,487,333 |
---|
Proposals | 5 | 7 | -28.6 | 647,203 | 2,146,975 |
---|
Mauricie | 85 | 98 | -13.3 | 9,017,869 | 22,071,253 |
---|
Bankruptcies | 60 | 73 | -17.8 | 4,373,926 | 12,915,300 |
---|
Proposals | 25 | 25 | 0.0 | 4,643,943 | 9,155,953 |
---|
Saguenay – Lac-Saint-Jean | 62 | 57 | 8.8 | 4,107,381 | 52,770,782 |
---|
Bankruptcies | 47 | 48 | -2.1 | 3,780,179 | 16,296,913 |
---|
Proposals | 15 | 9 | 66.7 | 327,202 | 36,473,869 |
---|
Côte-Nord | 12 | 25 | -52.0 | 1,785,146 | 7,324,616 |
---|
Bankruptcies | 8 | 20 | -60.0 | 453,373 | 3,112,417 |
---|
Proposals | 4 | 5 | -20.0 | 1,331,773 | 4,212,199 |
---|
Nord-du-Québec | 4 | 5 | -20.0 | 612,117 | 1,688,304 |
---|
Bankruptcies | 4 | 4 | 0.0 | 612,117 | 1,688,304 |
---|
Proposals | 0 | 1 | -100.0 | 0 | 0 |
---|
Ontario | 937 | 878 | 6.7 | 153,847,628 | 4,518,935,028 |
---|
Bankruptcies | 688 | 632 | 8.9 | 111,514,029 | 4,172,812,316 |
---|
Proposals | 249 | 246 | 1.2 | 42,333,599 | 346,122,712 |
---|
Ottawa | 108 | 110 | -1.8 | 16,276,026 | 83,073,557 |
---|
Bankruptcies | 85 | 83 | 2.4 | 11,312,228 | 73,865,726 |
---|
Proposals | 23 | 27 | -14.8 | 4,963,798 | 9,207,831 |
---|
Kingston – Pembroke | 16 | 16 | 0.0 | 538,765 | 4,542,402 |
---|
Bankruptcies | 14 | 15 | -6.7 | 530,168 | 4,509,403 |
---|
Proposals | 2 | 1 | 100.0 | 8,597 | 32,999 |
---|
Muskoka – Kawarthas | 18 | 13 | 38.5 | 1,984,830 | 12,186,257 |
---|
Bankruptcies | 12 | 7 | 71.4 | 1,175,889 | 8,951,204 |
---|
Proposals | 6 | 6 | 0.0 | 808,941 | 3,235,053 |
---|
Toronto | 534 | 470 | 13.6 | 101,090,817 | 4,096,457,744 |
---|
Bankruptcies | 382 | 331 | 15.4 | 71,295,465 | 3,781,004,653 |
---|
Proposals | 152 | 139 | 9.4 | 29,795,352 | 315,453,091 |
---|
Kitchener – Waterloo – Barrie | 60 | 50 | 20.0 | 6,388,980 | 28,342,423 |
---|
Bankruptcies | 50 | 38 | 31.6 | 5,328,782 | 24,312,226 |
---|
Proposals | 10 | 12 | -16.7 | 1,060,198 | 4,030,197 |
---|
Hamilton – Niagara Peninsula | 82 | 96 | -14.6 | 7,614,145 | 204,288,824 |
---|
Bankruptcies | 58 | 72 | -19.4 | 6,316,845 | 199,323,705 |
---|
Proposals | 24 | 24 | 0.0 | 1,297,300 | 4,965,119 |
---|
London | 33 | 33 | 0.0 | 4,116,562 | 10,849,974 |
---|
Bankruptcies | 23 | 19 | 21.1 | 2,645,342 | 8,996,628 |
---|
Proposals | 10 | 14 | -28.6 | 1,471,220 | 1,853,346 |
---|
Windsor – Sarnia | 34 | 29 | 17.2 | 4,051,046 | 13,349,004 |
---|
Bankruptcies | 24 | 18 | 33.3 | 3,518,615 | 12,199,492 |
---|
Proposals | 10 | 11 | -9.1 | 532,431 | 1,149,512 |
---|
Stratford – Bruce Peninsula | 9 | 19 | -52.6 | 4,720,928 | 5,577,053 |
---|
Bankruptcies | 8 | 18 | -55.6 | 4,692,639 | 5,496,867 |
---|
Proposals | 1 | 1 | 0.0 | 28,289 | 80,186 |
---|
Northeast | 29 | 25 | 16.0 | 5,283,702 | 18,230,424 |
---|
Bankruptcies | 22 | 20 | 10.0 | 3,481,023 | 13,111,512 |
---|
Proposals | 7 | 5 | 40.0 | 1,802,679 | 5,118,912 |
---|
Northwest | 6 | 11 | -45.5 | 1,781,827 | 42,037,365 |
---|
Bankruptcies | 5 | 9 | -44.4 | 1,217,032 | 41,040,901 |
---|
Proposals | 1 | 2 | -50.0 | 564,795 | 996,464 |
---|
Manitoba | 28 | 39 | -28.2 | 6,783,589 | 18,623,166 |
---|
Bankruptcies | 26 | 33 | -21.2 | 5,959,109 | 17,670,066 |
---|
Proposals | 2 | 6 | -66.7 | 824,480 | 953,100 |
---|
Southeast | 2 | 6 | -66.7 | 1,277,000 | 3,985,361 |
---|
Bankruptcies | 2 | 6 | -66.7 | 1,277,000 | 3,985,361 |
---|
Proposals | 0 | 0 | n/a | 0 | 0 |
---|
South Central | 0 | 3 | -100.0 | 0 | 0 |
---|
Bankruptcies | 0 | 2 | -100.0 | 0 | 0 |
---|
Proposals | 0 | 1 | -100.0 | 0 | 0 |
---|
Southwest | 6 | 4 | 50.0 | 1,012,252 | 1,854,162 |
---|
Bankruptcies | 5 | 3 | 66.7 | 1,012,252 | 1,854,162 |
---|
Proposals | 1 | 1 | 0.0 | 0 | 0 |
---|
North Central | 1 | 2 | -50.0 | 824,480 | 953,100 |
---|
Bankruptcies | 0 | 2 | -100.0 | 0 | 0 |
---|
Proposals | 1 | 0 | n/a | 824,480 | 953,100 |
---|
Winnipeg | 15 | 14 | 7.1 | 3,265,650 | 10,396,085 |
---|
Bankruptcies | 15 | 12 | 25.0 | 3,265,650 | 10,396,085 |
---|
Proposals | 0 | 2 | -100.0 | 0 | 0 |
---|
Interlake | 2 | 5 | -60.0 | 236,706 | 815,614 |
---|
Bankruptcies | 2 | 5 | -60.0 | 236,706 | 815,614 |
---|
Proposals | 0 | 0 | n/a | 0 | 0 |
---|
Parklands | 2 | 5 | -60.0 | 167,501 | 618,844 |
---|
Bankruptcies | 2 | 3 | -33.3 | 167,501 | 618,844 |
---|
Proposals | 0 | 2 | -100.0 | 0 | 0 |
---|
North | 0 | 0 | n/a | 0 | 0 |
---|
Bankruptcies | 0 | 0 | n/a | 0 | 0 |
---|
Proposals | 0 | 0 | n/a | 0 | 0 |
---|
Saskatchewan | 99 | 136 | -27.2 | 14,786,184 | 49,637,861 |
---|
Bankruptcies | 59 | 104 | -43.3 | 9,268,152 | 37,150,836 |
---|
Proposals | 40 | 32 | 25.0 | 5,518,032 | 12,487,025 |
---|
Regina – Moose Mountain | 51 | 37 | 37.8 | 5,086,265 | 12,686,260 |
---|
Bankruptcies | 29 | 24 | 20.8 | 2,955,323 | 9,956,651 |
---|
Proposals | 22 | 13 | 69.2 | 2,130,942 | 2,729,609 |
---|
Swift Current – Moose Jaw | 9 | 19 | -52.6 | 978,999 | 1,724,198 |
---|
Bankruptcies | 5 | 12 | -58.3 | 815,778 | 1,485,917 |
---|
Proposals | 4 | 7 | -42.9 | 163,221 | 238,281 |
---|
Saskatoon – Biggar | 24 | 45 | -46.7 | 7,438,910 | 22,367,394 |
---|
Bankruptcies | 16 | 39 | -59.0 | 4,637,294 | 21,807,038 |
---|
Proposals | 8 | 6 | 33.3 | 2,801,616 | 560,356 |
---|
Yorkton – Melville | 5 | 11 | -54.5 | 748,621 | 9,134,955 |
---|
Bankruptcies | 2 | 8 | -75.0 | 330,869 | 1,698,447 |
---|
Proposals | 3 | 3 | 0.0 | 417,752 | 7,436,508 |
---|
Prince Albert | 10 | 20 | -50.0 | 533,389 | 3,725,054 |
---|
Bankruptcies | 7 | 18 | -61.1 | 528,888 | 2,202,783 |
---|
Proposals | 3 | 2 | 50.0 | 4,501 | 1,522,271 |
---|
Northern | 0 | 3 | -100.0 | 0 | 0 |
---|
Bankruptcies | 0 | 2 | -100.0 | 0 | 0 |
---|
Proposals | 0 | 1 | -100.0 | 0 | 0 |
---|
Alberta | 206 | 195 | 5.6 | 57,988,446 | 992,371,846 |
---|
Bankruptcies | 162 | 131 | 23.7 | 40,693,790 | 588,862,071 |
---|
Proposals | 44 | 64 | -31.3 | 17,294,656 | 403,509,775 |
---|
Lethbridge – Medicine Hat | 5 | 3 | 66.7 | 86,258 | 1,863,606 |
---|
Bankruptcies | 5 | 3 | 66.7 | 86,258 | 1,863,606 |
---|
Proposals | 0 | 0 | n/a | 0 | 0 |
---|
Camrose – Drumheller | 7 | 5 | 40.0 | 487,802 | 8,273,192 |
---|
Bankruptcies | 7 | 3 | 133.3 | 487,802 | 8,273,192 |
---|
Proposals | 0 | 2 | -100.0 | 0 | 0 |
---|
Calgary | 87 | 92 | -5.4 | 16,870,670 | 326,595,867 |
---|
Bankruptcies | 69 | 69 | 0.0 | 15,077,841 | 121,726,439 |
---|
Proposals | 18 | 23 | -21.7 | 1,792,829 | 204,869,428 |
---|
Banff – Jasper – Rocky Mountain House | 5 | 1 | 400.0 | 3,604,328 | 17,253,842 |
---|
Bankruptcies | 4 | 0 | n/a | 2,662,445 | 13,520,679 |
---|
Proposals | 1 | 1 | 0.0 | 941,883 | 3,733,163 |
---|
Red Deer | 10 | 4 | 150.0 | 2,117,268 | 17,642,449 |
---|
Bankruptcies | 9 | 4 | 125.0 | 2,080,758 | 17,410,114 |
---|
Proposals | 1 | 0 | n/a | 36,510 | 232,335 |
---|
Edmonton | 61 | 73 | -16.4 | 28,658,752 | 590,691,346 |
---|
Bankruptcies | 41 | 39 | 5.1 | 15,387,188 | 398,906,165 |
---|
Proposals | 20 | 34 | -41.2 | 13,271,564 | 191,785,181 |
---|
Athabasca – Grande Prairie – Peace River | 16 | 11 | 45.5 | 2,739,193 | 20,649,437 |
---|
Bankruptcies | 15 | 10 | 50.0 | 2,731,932 | 20,612,625 |
---|
Proposals | 1 | 1 | 0.0 | 7,261 | 36,812 |
---|
Wood Buffalo – Cold Lake | 10 | 5 | 100.0 | 3,424,175 | 9,402,106 |
---|
Bankruptcies | 8 | 3 | 166.7 | 2,179,566 | 6,549,250 |
---|
Proposals | 2 | 2 | 0.0 | 1,244,609 | 2,852,856 |
---|
British Columbia | 103 | 145 | -29.0 | 20,866,559 | 160,799,571 |
---|
Bankruptcies | 75 | 117 | -35.9 | 10,288,917 | 70,467,844 |
---|
Proposals | 28 | 28 | 0.0 | 10,577,642 | 90,331,727 |
---|
Vancouver Island and Coast | 15 | 17 | -11.8 | 1,259,508 | 20,252,931 |
---|
Bankruptcies | 8 | 11 | -27.3 | 305,642 | 3,526,518 |
---|
Proposals | 7 | 6 | 16.7 | 953,866 | 16,726,413 |
---|
Lower Mainland – Southwest | 67 | 106 | -36.8 | 10,931,831 | 115,940,367 |
---|
Bankruptcies | 50 | 86 | -41.9 | 8,778,367 | 54,689,133 |
---|
Proposals | 17 | 20 | -15.0 | 2,153,464 | 61,251,234 |
---|
Thompson – Okanagan | 15 | 15 | 0.0 | 742,115 | 4,820,227 |
---|
Bankruptcies | 12 | 13 | -7.7 | 271,803 | 4,095,431 |
---|
Proposals | 3 | 2 | 50.0 | 470,312 | 724,796 |
---|
Kootenay | 1 | 2 | -50.0 | 7,000,000 | 11,629,284 |
---|
Bankruptcies | 0 | 1 | -100.0 | 0 | 0 |
---|
Proposals | 1 | 1 | 0.0 | 7,000,000 | 11,629,284 |
---|
Cariboo | 1 | 5 | -80.0 | 235,353 | 764,585 |
---|
Bankruptcies | 1 | 5 | -80.0 | 235,353 | 764,585 |
---|
Proposals | 0 | 0 | n/a | 0 | 0 |
---|
North Coast | 1 | 0 | n/a | 495,893 | 1,015,006 |
---|
Bankruptcies | 1 | 0 | n/a | 495,893 | 1,015,006 |
---|
Proposals | 0 | 0 | n/a | 0 | 0 |
---|
Nechako | 0 | 1 | -100.0 | 0 | 0 |
---|
Bankruptcies | 0 | 1 | -100.0 | 0 | 0 |
---|
Proposals | 0 | 0 | n/a | 0 | 0 |
---|
Northeast | 2 | 0 | n/a | 201,859 | 6,377,171 |
---|
Bankruptcies | 2 | 0 | n/a | 201,859 | 6,377,171 |
---|
Proposals | 0 | 0 | n/a | 0 | 0 |
---|
Northwest Territories | 0 | 1 | -100.0 | 0 | 0 |
---|
Bankruptcies | 0 | 1 | -100.0 | 0 | 0 |
---|
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 | 0 | n/a | 0 | 0 |
---|
Bankruptcies | 0 | 0 | n/a | 0 | 0 |
---|
Proposals | 0 | 0 | n/a | 0 | 0 |
---|