Definitions
- Bankruptcy
- The state of a consumer or a business that has made an assignment in bankruptcy or against whom a bankruptcy order has been made.
- Bankruptcy and Insolvency Act (BIA)
- The federal act that provides the framework to file and administer insolvencies in Canada.
- Business
- Any commercial entity or organization other than an individual, or an individual who has incurred 50% or more of total liabilities as a result of operating a business.
- Consumer
- An individual with more than 50% of total liabilities related to consumer goods and services.
- Corporation
- A commercial entity or organization.
- Individual Business
- An individual who has incurred 50% or more of total liabilities as a result of operating a business.
- North American Industry Classification System (NAICS)
- System that classifies economic units that have similar production processes in the same industry. This is a supply-based or production-oriented economic concept.
- Proposal
- An offer to creditors to settle debts under conditions other than the existing terms. A proposal is a formal agreement under the Bankruptcy and Insolvency Act.
Note:
Monthly statistics for insolvency volumes tend to vary widely. Quarterly and annual statistics can be more indicative of the evolution of insolvency volume.
- | Volume | % Change | 12-Month Period Ending | |||||
---|---|---|---|---|---|---|---|---|
March 2022 | February 2022 | March 2021 | Feb. 2022 to Mar. 2022 | Mar. 2021 to Mar. 2022 | 03-31-2022 | 03-31-2021 | % Change | |
Newfoundland and Labrador | 164 | 145 | 175 | 13.1 | -6.3 | 1,723 | 1,714 | 0.5 |
Bankruptcies | 56 | 43 | 69 | 30.2 | -18.8 | 625 | 679 | -8.0 |
Proposals | 108 | 102 | 106 | 5.9 | 1.9 | 1,098 | 1,035 | 6.1 |
Prince Edward Island | 44 | 34 | 43 | 29.4 | 2.3 | 395 | 393 | 0.5 |
Bankruptcies | 21 | 11 | 16 | 90.9 | 31.3 | 175 | 166 | 5.4 |
Proposals | 23 | 23 | 27 | 0.0 | -14.8 | 220 | 227 | -3.1 |
Nova Scotia | 293 | 217 | 304 | 35.0 | -3.6 | 2,908 | 3,060 | -5.0 |
Bankruptcies | 107 | 79 | 133 | 35.4 | -19.5 | 1,188 | 1,380 | -13.9 |
Proposals | 186 | 138 | 171 | 34.8 | 8.8 | 1,720 | 1,680 | 2.4 |
New Brunswick | 319 | 215 | 328 | 48.4 | -2.7 | 2,940 | 3,042 | -3.4 |
Bankruptcies | 108 | 78 | 153 | 38.5 | -29.4 | 1,166 | 1,396 | -16.5 |
Proposals | 211 | 137 | 175 | 54.0 | 20.6 | 1,774 | 1,646 | 7.8 |
Quebec | 2,640 | 2,110 | 2,644 | 25.1 | -0.2 | 25,117 | 24,220 | 3.7 |
Bankruptcies | 1,022 | 823 | 1,167 | 24.2 | -12.4 | 11,031 | 11,347 | -2.8 |
Proposals | 1,618 | 1,287 | 1,477 | 25.7 | 9.5 | 14,086 | 12,873 | 9.4 |
Ontario | 3,180 | 2,606 | 3,127 | 22.0 | 1.7 | 30,824 | 31,503 | -2.2 |
Bankruptcies | 725 | 573 | 782 | 26.5 | -7.3 | 7,809 | 8,484 | -8.0 |
Proposals | 2,455 | 2,033 | 2,345 | 20.8 | 4.7 | 23,015 | 23,019 | 0.0 |
Manitoba | 241 | 185 | 226 | 30.3 | 6.6 | 2,500 | 2,380 | 5.0 |
Bankruptcies | 58 | 41 | 75 | 41.5 | -22.7 | 751 | 772 | -2.7 |
Proposals | 183 | 144 | 151 | 27.1 | 21.2 | 1,749 | 1,608 | 8.8 |
Saskatchewan | 313 | 218 | 303 | 43.6 | 3.3 | 2,765 | 2,580 | 7.2 |
Bankruptcies | 79 | 52 | 108 | 51.9 | -26.9 | 730 | 826 | -11.6 |
Proposals | 234 | 166 | 195 | 41.0 | 20.0 | 2,035 | 1,754 | 16.0 |
Alberta | 1,371 | 1,183 | 1,438 | 15.9 | -4.7 | 13,960 | 12,568 | 11.1 |
Bankruptcies | 233 | 199 | 319 | 17.1 | -27.0 | 2,639 | 3,277 | -19.5 |
Proposals | 1,138 | 984 | 1,119 | 15.7 | 1.7 | 11,321 | 9,291 | 21.8 |
British Columbia | 939 | 746 | 870 | 25.9 | 7.9 | 8,864 | 8,003 | 10.8 |
Bankruptcies | 169 | 165 | 250 | 2.4 | -32.4 | 2,072 | 2,354 | -12.0 |
Proposals | 770 | 581 | 620 | 32.5 | 24.2 | 6,792 | 5,649 | 20.2 |
Northwest Territories | 6 | 7 | 3 | -14.3 | 100.0 | 62 | 44 | 40.9 |
Bankruptcies | 0 | 1 | 1 | -100.0 | -100.0 | 8 | 7 | 14.3 |
Proposals | 6 | 6 | 2 | 0.0 | 200.0 | 54 | 37 | 45.9 |
Yukon | 3 | 2 | 1 | 50.0 | 200.0 | 36 | 39 | -7.7 |
Bankruptcies | 2 | 0 | 0 | -- | -- | 8 | 12 | -33.3 |
Proposals | 1 | 2 | 1 | -50.0 | 0.0 | 28 | 27 | 3.7 |
Nunavut | 0 | 0 | 1 | -- | -100.0 | 11 | 15 | -26.7 |
Bankruptcies | 0 | 0 | 0 | -- | -- | 1 | 1 | 0.0 |
Proposals | 0 | 0 | 1 | -- | -100.0 | 10 | 14 | -28.6 |
Canada | 9,513 | 7,668 | 9,463 | 24.1 | 0.5 | 92,105 | 89,561 | 2.8 |
Bankruptcies | 2,580 | 2,065 | 3,073 | 24.9 | -16.0 | 28,203 | 30,701 | -8.1 |
Proposals | 6,933 | 5,603 | 6,390 | 23.7 | 8.5 | 63,902 | 58,860 | 8.6 |
- | Volume | % Change | 12-Month Period Ending | |||||
---|---|---|---|---|---|---|---|---|
March 2022 | February 2022 | March 2021 | Feb. 2022 to Mar. 2022 | Mar. 2021 to Mar. 2022 | 03-31-2022 | 03-31-2021 | % Change | |
Newfoundland and Labrador | 164 | 144 | 174 | 13.9 | -5.7 | 1,712 | 1,704 | 0.5 |
Bankruptcies | 56 | 42 | 68 | 33.3 | -17.6 | 615 | 669 | -8.1 |
Proposals | 108 | 102 | 106 | 5.9 | 1.9 | 1,097 | 1,035 | 6.0 |
Prince Edward Island | 44 | 34 | 43 | 29.4 | 2.3 | 390 | 392 | -0.5 |
Bankruptcies | 21 | 11 | 16 | 90.9 | 31.3 | 171 | 166 | 3.0 |
Proposals | 23 | 23 | 27 | 0.0 | -14.8 | 219 | 226 | -3.1 |
Nova Scotia | 290 | 213 | 301 | 36.2 | -3.7 | 2,890 | 3,046 | -5.1 |
Bankruptcies | 105 | 78 | 130 | 34.6 | -19.2 | 1,178 | 1,367 | -13.8 |
Proposals | 185 | 135 | 171 | 37.0 | 8.2 | 1,712 | 1,679 | 2.0 |
New Brunswick | 317 | 213 | 328 | 48.8 | -3.4 | 2,922 | 3,020 | -3.2 |
Bankruptcies | 106 | 77 | 153 | 37.7 | -30.7 | 1,150 | 1,383 | -16.8 |
Proposals | 211 | 136 | 175 | 55.1 | 20.6 | 1,772 | 1,637 | 8.2 |
Quebec | 2,456 | 1,962 | 2,485 | 25.2 | -1.2 | 23,504 | 22,764 | 3.3 |
Bankruptcies | 876 | 704 | 1,039 | 24.4 | -15.7 | 9,705 | 10,162 | -4.5 |
Proposals | 1,580 | 1,258 | 1,446 | 25.6 | 9.3 | 13,799 | 12,602 | 9.5 |
Ontario | 3,089 | 2,526 | 3,090 | 22.3 | 0.0 | 30,125 | 30,836 | -2.3 |
Bankruptcies | 664 | 523 | 757 | 27.0 | -12.3 | 7,308 | 8,000 | -8.7 |
Proposals | 2,425 | 2,003 | 2,333 | 21.1 | 3.9 | 22,817 | 22,836 | -0.1 |
Manitoba | 237 | 183 | 223 | 29.5 | 6.3 | 2,468 | 2,346 | 5.2 |
Bankruptcies | 56 | 39 | 72 | 43.6 | -22.2 | 727 | 742 | -2.0 |
Proposals | 181 | 144 | 151 | 25.7 | 19.9 | 1,741 | 1,604 | 8.5 |
Saskatchewan | 306 | 214 | 292 | 43.0 | 4.8 | 2,721 | 2,539 | 7.2 |
Bankruptcies | 74 | 49 | 98 | 51.0 | -24.5 | 700 | 792 | -11.6 |
Proposals | 232 | 165 | 194 | 40.6 | 19.6 | 2,021 | 1,747 | 15.7 |
Alberta | 1,354 | 1,162 | 1,421 | 16.5 | -4.7 | 13,807 | 12,425 | 11.1 |
Bankruptcies | 222 | 184 | 307 | 20.7 | -27.7 | 2,537 | 3,177 | -20.1 |
Proposals | 1,132 | 978 | 1,114 | 15.7 | 1.6 | 11,270 | 9,248 | 21.9 |
British Columbia | 929 | 732 | 862 | 26.9 | 7.8 | 8,773 | 7,886 | 11.2 |
Bankruptcies | 159 | 158 | 247 | 0.6 | -35.6 | 2,008 | 2,275 | -11.7 |
Proposals | 770 | 574 | 615 | 34.1 | 25.2 | 6,765 | 5,611 | 20.6 |
Northwest Territories | 6 | 7 | 3 | -14.3 | 100.0 | 62 | 44 | 40.9 |
Bankruptcies | 0 | 1 | 1 | -100.0 | -100.0 | 8 | 7 | 14.3 |
Proposals | 6 | 6 | 2 | 0.0 | 200.0 | 54 | 37 | 45.9 |
Yukon | 3 | 2 | 1 | 50.0 | 200.0 | 36 | 39 | -7.7 |
Bankruptcies | 2 | 0 | 0 | -- | -- | 8 | 12 | -33.3 |
Proposals | 1 | 2 | 1 | -50.0 | 0.0 | 28 | 27 | 3.7 |
Nunavut | 0 | 0 | 1 | -- | -100.0 | 11 | 14 | -21.4 |
Bankruptcies | 0 | 0 | 0 | -- | -- | 1 | 0 | -- |
Proposals | 0 | 0 | 1 | -- | -100.0 | 10 | 14 | -28.6 |
Canada | 9,195 | 7,392 | 9,224 | 24.4 | -0.3 | 89,421 | 87,055 | 2.7 |
Bankruptcies | 2,341 | 1,866 | 2,888 | 25.5 | -18.9 | 26,116 | 28,752 | -9.2 |
Proposals | 6,854 | 5,526 | 6,336 | 24.0 | 8.2 | 63,305 | 58,303 | 8.6 |
- | Volume | % Change | 12-Month Period Ending | |||||
---|---|---|---|---|---|---|---|---|
March 2022 | February 2022 | March 2021 | Feb. 2022 to Mar. 2022 | Mar. 2021 to Mar. 2022 | 03-31-2022 | 03-31-2021 | % Change | |
Newfoundland and Labrador | 0 | 1 | 1 | -100.0 | -100.0 | 11 | 10 | 10.0 |
Bankruptcies | 0 | 1 | 1 | -100.0 | -100.0 | 10 | 10 | 0.0 |
Proposals | 0 | 0 | 0 | -- | -- | 1 | 0 | -- |
Prince Edward Island | 0 | 0 | 0 | -- | -- | 5 | 1 | 400.0 |
Bankruptcies | 0 | 0 | 0 | -- | -- | 4 | 0 | -- |
Proposals | 0 | 0 | 0 | -- | -- | 1 | 1 | 0.0 |
Nova Scotia | 3 | 4 | 3 | -25.0 | 0.0 | 18 | 14 | 28.6 |
Bankruptcies | 2 | 1 | 3 | 100.0 | -33.3 | 10 | 13 | -23.1 |
Proposals | 1 | 3 | 0 | -66.7 | -- | 8 | 1 | 700.0 |
New Brunswick | 2 | 2 | 0 | 0.0 | -- | 18 | 22 | -18.2 |
Bankruptcies | 2 | 1 | 0 | 100.0 | -- | 16 | 13 | 23.1 |
Proposals | 0 | 1 | 0 | -100.0 | -- | 2 | 9 | -77.8 |
Quebec | 184 | 148 | 159 | 24.3 | 15.7 | 1,613 | 1,456 | 10.8 |
Bankruptcies | 146 | 119 | 128 | 22.7 | 14.1 | 1,326 | 1,185 | 11.9 |
Proposals | 38 | 29 | 31 | 31.0 | 22.6 | 287 | 271 | 5.9 |
Ontario | 91 | 80 | 37 | 13.8 | 145.9 | 699 | 667 | 4.8 |
Bankruptcies | 61 | 50 | 25 | 22.0 | 144.0 | 501 | 484 | 3.5 |
Proposals | 30 | 30 | 12 | 0.0 | 150.0 | 198 | 183 | 8.2 |
Manitoba | 4 | 2 | 3 | 100.0 | 33.3 | 32 | 34 | -5.9 |
Bankruptcies | 2 | 2 | 3 | 0.0 | -33.3 | 24 | 30 | -20.0 |
Proposals | 2 | 0 | 0 | -- | -- | 8 | 4 | 100.0 |
Saskatchewan | 7 | 4 | 11 | 75.0 | -36.4 | 44 | 41 | 7.3 |
Bankruptcies | 5 | 3 | 10 | 66.7 | -50.0 | 30 | 34 | -11.8 |
Proposals | 2 | 1 | 1 | 100.0 | 100.0 | 14 | 7 | 100.0 |
Alberta | 17 | 21 | 17 | -19.0 | 0.0 | 153 | 143 | 7.0 |
Bankruptcies | 11 | 15 | 12 | -26.7 | -8.3 | 102 | 100 | 2.0 |
Proposals | 6 | 6 | 5 | 0.0 | 20.0 | 51 | 43 | 18.6 |
British Columbia | 10 | 14 | 8 | -28.6 | 25.0 | 91 | 117 | -22.2 |
Bankruptcies | 10 | 7 | 3 | 42.9 | 233.3 | 64 | 79 | -19.0 |
Proposals | 0 | 7 | 5 | -100.0 | -100.0 | 27 | 38 | -28.9 |
Northwest Territories | 0 | 0 | 0 | -- | -- | 0 | 0 | -- |
Bankruptcies | 0 | 0 | 0 | -- | -- | 0 | 0 | -- |
Proposals | 0 | 0 | 0 | -- | -- | 0 | 0 | -- |
Yukon | 0 | 0 | 0 | -- | -- | 0 | 0 | -- |
Bankruptcies | 0 | 0 | 0 | -- | -- | 0 | 0 | -- |
Proposals | 0 | 0 | 0 | -- | -- | 0 | 0 | -- |
Nunavut | 0 | 0 | 0 | -- | -- | 0 | 1 | -100.0 |
Bankruptcies | 0 | 0 | 0 | -- | -- | 0 | 1 | -100.0 |
Proposals | 0 | 0 | 0 | -- | -- | 0 | 0 | -- |
Canada | 318 | 276 | 239 | 15.2 | 33.1 | 2,684 | 2,506 | 7.1 |
Bankruptcies | 239 | 199 | 185 | 20.1 | 29.2 | 2,087 | 1,949 | 7.1 |
Proposals | 79 | 77 | 54 | 2.6 | 46.3 | 597 | 557 | 7.2 |
- | Volume | % Change | 12-Month Period Ending | |||||
---|---|---|---|---|---|---|---|---|
March 2022 | February 2022 | March 2021 | Feb. 2022 to Mar. 2022 | Mar. 2021 to Mar. 2022 | 03-31-2022 | 03-31-2021 | % Change | |
Newfoundland and Labrador | 0 | 0 | 0 | -- | -- | 4 | 4 | 0.0 |
Bankruptcies | 0 | 0 | 0 | -- | -- | 3 | 4 | -25.0 |
Proposals | 0 | 0 | 0 | -- | -- | 1 | 0 | -- |
Prince Edward Island | 0 | 0 | 0 | -- | -- | 2 | 1 | 100.0 |
Bankruptcies | 0 | 0 | 0 | -- | -- | 2 | 0 | -- |
Proposals | 0 | 0 | 0 | -- | -- | 0 | 1 | -100.0 |
Nova Scotia | 2 | 3 | 1 | -33.3 | 100.0 | 7 | 7 | 0.0 |
Bankruptcies | 1 | 0 | 1 | -- | 0.0 | 2 | 7 | -71.4 |
Proposals | 1 | 3 | 0 | -66.7 | -- | 5 | 0 | -- |
New Brunswick | 1 | 0 | 0 | -- | -- | 10 | 12 | -16.7 |
Bankruptcies | 1 | 0 | 0 | -- | -- | 9 | 9 | 0.0 |
Proposals | 0 | 0 | 0 | -- | -- | 1 | 3 | -66.7 |
Quebec | 162 | 124 | 142 | 30.6 | 14.1 | 1,408 | 1,284 | 9.7 |
Bankruptcies | 134 | 103 | 119 | 30.1 | 12.6 | 1,205 | 1,073 | 12.3 |
Proposals | 28 | 21 | 23 | 33.3 | 21.7 | 203 | 211 | -3.8 |
Ontario | 49 | 52 | 26 | -5.8 | 88.5 | 472 | 465 | 1.5 |
Bankruptcies | 38 | 35 | 19 | 8.6 | 100.0 | 372 | 368 | 1.1 |
Proposals | 11 | 17 | 7 | -35.3 | 57.1 | 100 | 97 | 3.1 |
Manitoba | 1 | 2 | 1 | -50.0 | 0.0 | 16 | 10 | 60.0 |
Bankruptcies | 1 | 2 | 1 | -50.0 | 0.0 | 12 | 9 | 33.3 |
Proposals | 0 | 0 | 0 | -- | -- | 4 | 1 | 300.0 |
Saskatchewan | 1 | 1 | 9 | 0.0 | -88.9 | 9 | 18 | -50.0 |
Bankruptcies | 1 | 1 | 9 | 0.0 | -88.9 | 6 | 16 | -62.5 |
Proposals | 0 | 0 | 0 | -- | -- | 3 | 2 | 50.0 |
Alberta | 6 | 11 | 9 | -45.5 | -33.3 | 83 | 82 | 1.2 |
Bankruptcies | 6 | 7 | 7 | -14.3 | -14.3 | 61 | 61 | 0.0 |
Proposals | 0 | 4 | 2 | -100.0 | -100.0 | 22 | 21 | 4.8 |
British Columbia | 5 | 5 | 4 | 0.0 | 25.0 | 43 | 85 | -49.4 |
Bankruptcies | 5 | 2 | 2 | 150.0 | 150.0 | 32 | 56 | -42.9 |
Proposals | 0 | 3 | 2 | -100.0 | -100.0 | 11 | 29 | -62.1 |
Northwest Territories | 0 | 0 | 0 | -- | -- | 0 | 0 | -- |
Bankruptcies | 0 | 0 | 0 | -- | -- | 0 | 0 | -- |
Proposals | 0 | 0 | 0 | -- | -- | 0 | 0 | -- |
Yukon | 0 | 0 | 0 | -- | -- | 0 | 0 | -- |
Bankruptcies | 0 | 0 | 0 | -- | -- | 0 | 0 | -- |
Proposals | 0 | 0 | 0 | -- | -- | 0 | 0 | -- |
Nunavut | 0 | 0 | 0 | -- | -- | 0 | 1 | -100.0 |
Bankruptcies | 0 | 0 | 0 | -- | -- | 0 | 1 | -100.0 |
Proposals | 0 | 0 | 0 | -- | -- | 0 | 0 | -- |
Canada | 227 | 198 | 192 | 14.6 | 18.2 | 2,054 | 1,969 | 4.3 |
Bankruptcies | 187 | 150 | 158 | 24.7 | 18.4 | 1,704 | 1,604 | 6.2 |
Proposals | 40 | 48 | 34 | -16.7 | 17.6 | 350 | 365 | -4.1 |
- | Volume | % Change | 12-Month Period Ending | |||||
---|---|---|---|---|---|---|---|---|
March 2022 | February 2022 | March 2021 | Feb. 2022 to Mar. 2022 | Mar. 2021 to Mar. 2022 | 03-31-2022 | 03-31-2021 | % Change | |
Newfoundland and Labrador | 0 | 1 | 1 | -100.0 | -100.0 | 7 | 6 | 16.7 |
Bankruptcies | 0 | 1 | 1 | -100.0 | -100.0 | 7 | 6 | 16.7 |
Proposals | 0 | 0 | 0 | -- | -- | 0 | 0 | -- |
Prince Edward Island | 0 | 0 | 0 | -- | -- | 3 | 0 | -- |
Bankruptcies | 0 | 0 | 0 | -- | -- | 2 | 0 | -- |
Proposals | 0 | 0 | 0 | -- | -- | 1 | 0 | -- |
Nova Scotia | 1 | 1 | 2 | 0.0 | -50.0 | 11 | 7 | 57.1 |
Bankruptcies | 1 | 1 | 2 | 0.0 | -50.0 | 8 | 6 | 33.3 |
Proposals | 0 | 0 | 0 | -- | -- | 3 | 1 | 200.0 |
New Brunswick | 1 | 2 | 0 | -50.0 | -- | 8 | 10 | -20.0 |
Bankruptcies | 1 | 1 | 0 | 0.0 | -- | 7 | 4 | 75.0 |
Proposals | 0 | 1 | 0 | -100.0 | -- | 1 | 6 | -83.3 |
Quebec | 22 | 24 | 17 | -8.3 | 29.4 | 205 | 172 | 19.2 |
Bankruptcies | 12 | 16 | 9 | -25.0 | 33.3 | 121 | 112 | 8.0 |
Proposals | 10 | 8 | 8 | 25.0 | 25.0 | 84 | 60 | 40.0 |
Ontario | 42 | 28 | 11 | 50.0 | 281.8 | 227 | 202 | 12.4 |
Bankruptcies | 23 | 15 | 6 | 53.3 | 283.3 | 129 | 116 | 11.2 |
Proposals | 19 | 13 | 5 | 46.2 | 280.0 | 98 | 86 | 14.0 |
Manitoba | 3 | 0 | 2 | -- | 50.0 | 16 | 24 | -33.3 |
Bankruptcies | 1 | 0 | 2 | -- | -50.0 | 12 | 21 | -42.9 |
Proposals | 2 | 0 | 0 | -- | -- | 4 | 3 | 33.3 |
Saskatchewan | 6 | 3 | 2 | 100.0 | 200.0 | 35 | 23 | 52.2 |
Bankruptcies | 4 | 2 | 1 | 100.0 | 300.0 | 24 | 18 | 33.3 |
Proposals | 2 | 1 | 1 | 100.0 | 100.0 | 11 | 5 | 120.0 |
Alberta | 11 | 10 | 8 | 10.0 | 37.5 | 70 | 61 | 14.8 |
Bankruptcies | 5 | 8 | 5 | -37.5 | 0.0 | 41 | 39 | 5.1 |
Proposals | 6 | 2 | 3 | 200.0 | 100.0 | 29 | 22 | 31.8 |
British Columbia | 5 | 9 | 4 | -44.4 | 25.0 | 48 | 32 | 50.0 |
Bankruptcies | 5 | 5 | 1 | 0.0 | 400.0 | 32 | 23 | 39.1 |
Proposals | 0 | 4 | 3 | -100.0 | -100.0 | 16 | 9 | 77.8 |
Northwest Territories | 0 | 0 | 0 | -- | -- | 0 | 0 | -- |
Bankruptcies | 0 | 0 | 0 | -- | -- | 0 | 0 | -- |
Proposals | 0 | 0 | 0 | -- | -- | 0 | 0 | -- |
Yukon | 0 | 0 | 0 | -- | -- | 0 | 0 | -- |
Bankruptcies | 0 | 0 | 0 | -- | -- | 0 | 0 | -- |
Proposals | 0 | 0 | 0 | -- | -- | 0 | 0 | -- |
Nunavut | 0 | 0 | 0 | -- | -- | 0 | 0 | -- |
Bankruptcies | 0 | 0 | 0 | -- | -- | 0 | 0 | -- |
Proposals | 0 | 0 | 0 | -- | -- | 0 | 0 | -- |
Canada | 91 | 78 | 47 | 16.7 | 93.6 | 630 | 537 | 17.3 |
Bankruptcies | 52 | 49 | 27 | 6.1 | 92.6 | 383 | 345 | 11.0 |
Proposals | 39 | 29 | 20 | 34.5 | 95.0 | 247 | 192 | 28.6 |
- | Volume | % Change | 12-Month Period Ending | |||||
---|---|---|---|---|---|---|---|---|
March 2022 | February 2022 | March 2021 | Feb. 2022 to Mar. 2022 | Mar. 2021 to Mar. 2022 | 03-31-2022 | 03-31-2021 | % Change | |
Agriculture, Forestry, Fishing and Hunting | 6 | 18 | 7 | -66.7 | -14.3 | 68 | 57 | 19.3 |
Bankruptcies | 6 | 17 | 6 | -64.7 | 0.0 | 59 | 46 | 28.3 |
Proposals | 0 | 1 | 1 | -100.0 | -100.0 | 9 | 11 | -18.2 |
Mining and Oil and Gas Extraction | 1 | 3 | 5 | -66.7 | -80.0 | 34 | 44 | -22.7 |
Bankruptcies | 1 | 2 | 3 | -50.0 | -66.7 | 28 | 27 | 3.7 |
Proposals | 0 | 1 | 2 | -100.0 | -100.0 | 6 | 17 | -64.7 |
Utilities | 0 | 1 | 1 | -100.0 | -100.0 | 3 | 4 | -25.0 |
Bankruptcies | 0 | 1 | 1 | -100.0 | -100.0 | 2 | 4 | -50.0 |
Proposals | 0 | 0 | 0 | -- | -- | 1 | 0 | -- |
Construction | 57 | 32 | 39 | 78.1 | 46.2 | 389 | 299 | 30.1 |
Bankruptcies | 40 | 21 | 28 | 90.5 | 42.9 | 285 | 236 | 20.8 |
Proposals | 17 | 11 | 11 | 54.5 | 54.5 | 104 | 63 | 65.1 |
Manufacturing | 22 | 22 | 28 | 0.0 | -21.4 | 220 | 220 | 0.0 |
Bankruptcies | 17 | 18 | 27 | -5.6 | -37.0 | 169 | 170 | -0.6 |
Proposals | 5 | 4 | 1 | 25.0 | 400.0 | 51 | 50 | 2.0 |
Wholesale Trade | 16 | 11 | 8 | 45.5 | 100.0 | 110 | 124 | -11.3 |
Bankruptcies | 13 | 10 | 4 | 30.0 | 225.0 | 90 | 97 | -7.2 |
Proposals | 3 | 1 | 4 | 200.0 | -25.0 | 20 | 27 | -25.9 |
Retail Trade | 25 | 28 | 32 | -10.7 | -21.9 | 275 | 313 | -12.1 |
Bankruptcies | 21 | 26 | 25 | -19.2 | -16.0 | 225 | 230 | -2.2 |
Proposals | 4 | 2 | 7 | 100.0 | -42.9 | 50 | 83 | -39.8 |
Transportation and Warehousing | 34 | 30 | 19 | 13.3 | 78.9 | 230 | 142 | 62.0 |
Bankruptcies | 26 | 19 | 15 | 36.8 | 73.3 | 183 | 111 | 64.9 |
Proposals | 8 | 11 | 4 | -27.3 | 100.0 | 47 | 31 | 51.6 |
Information and Cultural Industries | 6 | 16 | 3 | -62.5 | 100.0 | 53 | 38 | 39.5 |
Bankruptcies | 4 | 5 | 3 | -20.0 | 33.3 | 34 | 28 | 21.4 |
Proposals | 2 | 11 | 0 | -81.8 | -- | 19 | 10 | 90.0 |
Finance and Insurance | 4 | 0 | 5 | -- | -20.0 | 38 | 48 | -20.8 |
Bankruptcies | 2 | 0 | 4 | -- | -50.0 | 28 | 38 | -26.3 |
Proposals | 2 | 0 | 1 | -- | 100.0 | 10 | 10 | 0.0 |
Real Estate and Rental and Leasing | 9 | 4 | 12 | 125.0 | -25.0 | 105 | 142 | -26.1 |
Bankruptcies | 6 | 2 | 11 | 200.0 | -45.5 | 70 | 110 | -36.4 |
Proposals | 3 | 2 | 1 | 50.0 | 200.0 | 35 | 32 | 9.4 |
Professional, Scientific and Technical Services | 27 | 17 | 5 | 58.8 | 440.0 | 203 | 148 | 37.2 |
Bankruptcies | 20 | 11 | 3 | 81.8 | 566.7 | 163 | 122 | 33.6 |
Proposals | 7 | 6 | 2 | 16.7 | 250.0 | 40 | 26 | 53.8 |
Management of Companies and Enterprises | 9 | 9 | 4 | 0.0 | 125.0 | 74 | 83 | -10.8 |
Bankruptcies | 9 | 6 | 4 | 50.0 | 125.0 | 58 | 63 | -7.9 |
Proposals | 0 | 3 | 0 | -100.0 | -- | 16 | 20 | -20.0 |
Administrative and Support, Waste Management and Remediation Services | 21 | 25 | 13 | -16.0 | 61.5 | 169 | 121 | 39.7 |
Bankruptcies | 13 | 17 | 7 | -23.5 | 85.7 | 123 | 89 | 38.2 |
Proposals | 8 | 8 | 6 | 0.0 | 33.3 | 46 | 32 | 43.8 |
Educational Services | 3 | 1 | 3 | 200.0 | 0.0 | 26 | 38 | -31.6 |
Bankruptcies | 3 | 1 | 2 | 200.0 | 50.0 | 21 | 31 | -32.3 |
Proposals | 0 | 0 | 1 | -- | -100.0 | 5 | 7 | -28.6 |
Health Care and Social Assistance | 7 | 8 | 5 | -12.5 | 40.0 | 74 | 70 | 5.7 |
Bankruptcies | 4 | 5 | 3 | -20.0 | 33.3 | 55 | 54 | 1.9 |
Proposals | 3 | 3 | 2 | 0.0 | 50.0 | 19 | 16 | 18.8 |
Arts, Entertainment and Recreation | 5 | 8 | 4 | -37.5 | 25.0 | 76 | 104 | -26.9 |
Bankruptcies | 5 | 7 | 3 | -28.6 | 66.7 | 59 | 82 | -28.0 |
Proposals | 0 | 1 | 1 | -100.0 | -100.0 | 17 | 22 | -22.7 |
Accommodation and Food Services | 42 | 25 | 33 | 68.0 | 27.3 | 384 | 377 | 1.9 |
Bankruptcies | 32 | 18 | 26 | 77.8 | 23.1 | 313 | 305 | 2.6 |
Proposals | 10 | 7 | 7 | 42.9 | 42.9 | 71 | 72 | -1.4 |
Other Services (except Public Administration) | 24 | 18 | 13 | 33.3 | 84.6 | 148 | 131 | 13.0 |
Bankruptcies | 17 | 13 | 10 | 30.8 | 70.0 | 117 | 104 | 12.5 |
Proposals | 7 | 5 | 3 | 40.0 | 133.3 | 31 | 27 | 14.8 |
Public Administration | 0 | 0 | 0 | -- | -- | 4 | 3 | 33.3 |
Bankruptcies | 0 | 0 | 0 | -- | -- | 4 | 2 | 100.0 |
Proposals | 0 | 0 | 0 | -- | -- | 0 | 1 | -100.0 |
Total | 318 | 276 | 239 | 15.2 | 33.1 | 2,683 | 2,506 | 7.1 |
Bankruptcies | 239 | 199 | 185 | 20.1 | 29.2 | 2,086 | 1,949 | 7.0 |
Proposals | 79 | 77 | 54 | 2.6 | 46.3 | 597 | 557 | 7.2 |