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 | |||||
|---|---|---|---|---|---|---|---|---|
| June 2022 | May 2022 | June 2021 | May 2022 to June 2022 | June 2021 to June 2022 | 06-30-2022 | 06-30-2021 | % Change | |
| Newfoundland and Labrador | 194 | 154 | 165 | 26.0 | 17.6 | 1,700 | 1,887 | -9.9 |
Bankruptcies | 62 | 65 | 59 | -4.6 | 5.1 | 613 | 711 | -13.8 |
Proposals | 132 | 89 | 106 | 48.3 | 24.5 | 1,087 | 1,176 | -7.6 |
| Prince Edward Island | 41 | 41 | 30 | 0.0 | 36.7 | 416 | 397 | 4.8 |
Bankruptcies | 15 | 19 | 16 | -21.1 | -6.3 | 173 | 175 | -1.1 |
Proposals | 26 | 22 | 14 | 18.2 | 85.7 | 243 | 222 | 9.5 |
| Nova Scotia | 360 | 281 | 246 | 28.1 | 46.3 | 3,049 | 3,180 | -4.1 |
Bankruptcies | 124 | 124 | 111 | 0.0 | 11.7 | 1,215 | 1,409 | -13.8 |
Proposals | 236 | 157 | 135 | 50.3 | 74.8 | 1,834 | 1,771 | 3.6 |
| New Brunswick | 260 | 279 | 285 | -6.8 | -8.8 | 2,898 | 3,273 | -11.5 |
Bankruptcies | 90 | 103 | 113 | -12.6 | -20.4 | 1,094 | 1,484 | -26.3 |
Proposals | 170 | 176 | 172 | -3.4 | -1.2 | 1,804 | 1,789 | 0.8 |
| Quebec | 2,322 | 2,188 | 1,996 | 6.1 | 16.3 | 25,631 | 25,495 | 0.5 |
Bankruptcies | 937 | 809 | 908 | 15.8 | 3.2 | 10,762 | 11,864 | -9.3 |
Proposals | 1,385 | 1,379 | 1,088 | 0.4 | 27.3 | 14,869 | 13,631 | 9.1 |
| Ontario | 3,266 | 3,012 | 2,554 | 8.4 | 27.9 | 32,138 | 31,894 | 0.8 |
Bankruptcies | 730 | 733 | 718 | -0.4 | 1.7 | 7,734 | 8,655 | -10.6 |
Proposals | 2,536 | 2,279 | 1,836 | 11.3 | 38.1 | 24,404 | 23,239 | 5.0 |
| Manitoba | 264 | 227 | 234 | 16.3 | 12.8 | 2,565 | 2,428 | 5.6 |
Bankruptcies | 63 | 59 | 73 | 6.8 | -13.7 | 740 | 801 | -7.6 |
Proposals | 201 | 168 | 161 | 19.6 | 24.8 | 1,825 | 1,627 | 12.2 |
| Saskatchewan | 293 | 261 | 201 | 12.3 | 45.8 | 2,879 | 2,702 | 6.6 |
Bankruptcies | 56 | 59 | 58 | -5.1 | -3.4 | 703 | 832 | -15.5 |
Proposals | 237 | 202 | 143 | 17.3 | 65.7 | 2,176 | 1,870 | 16.4 |
| Alberta | 1,337 | 1,322 | 1,182 | 1.1 | 13.1 | 14,234 | 13,511 | 5.4 |
Bankruptcies | 197 | 229 | 243 | -14.0 | -18.9 | 2,538 | 3,283 | -22.7 |
Proposals | 1,140 | 1,093 | 939 | 4.3 | 21.4 | 11,696 | 10,228 | 14.4 |
| British Columbia | 863 | 882 | 769 | -2.2 | 12.2 | 9,059 | 8,429 | 7.5 |
Bankruptcies | 162 | 170 | 192 | -4.7 | -15.6 | 1,950 | 2,406 | -19.0 |
Proposals | 701 | 712 | 577 | -1.5 | 21.5 | 7,109 | 6,023 | 18.0 |
| Northwest Territories | 4 | 5 | 6 | -20.0 | -33.3 | 63 | 51 | 23.5 |
Bankruptcies | 2 | 0 | 3 | -- | -33.3 | 7 | 7 | 0.0 |
Proposals | 2 | 5 | 3 | -60.0 | -33.3 | 56 | 44 | 27.3 |
| Yukon | 5 | 7 | 2 | -28.6 | 150.0 | 47 | 30 | 56.7 |
Bankruptcies | 0 | 0 | 0 | -- | -- | 5 | 10 | -50.0 |
Proposals | 5 | 7 | 2 | -28.6 | 150.0 | 42 | 20 | 110.0 |
| Nunavut | 1 | 1 | 1 | 0.0 | 0.0 | 11 | 14 | -21.4 |
Bankruptcies | 0 | 0 | 0 | -- | -- | 1 | 1 | 0.0 |
Proposals | 1 | 1 | 1 | 0.0 | 0.0 | 10 | 13 | -23.1 |
| Canada | 9,210 | 8,660 | 7,671 | 6.4 | 20.1 | 94,690 | 93,291 | 1.5 |
Bankruptcies | 2,438 | 2,370 | 2,494 | 2.9 | -2.2 | 27,535 | 31,638 | -13.0 |
Proposals | 6,772 | 6,290 | 5,177 | 7.7 | 30.8 | 67,155 | 61,653 | 8.9 |
| - | Volume | % Change | 12-Month Period Ending | |||||
|---|---|---|---|---|---|---|---|---|
| June 2022 | May 2022 | June 2021 | May 2022 to June 2022 | June 2021 to June 2022 | 06-30-2022 | 06-30-2021 | % Change | |
| Newfoundland and Labrador | 191 | 151 | 164 | 26.5 | 16.5 | 1,687 | 1,874 | -10.0 |
Bankruptcies | 59 | 62 | 58 | -4.8 | 1.7 | 601 | 698 | -13.9 |
Proposals | 132 | 89 | 106 | 48.3 | 24.5 | 1,086 | 1,176 | -7.7 |
| Prince Edward Island | 41 | 41 | 30 | 0.0 | 36.7 | 411 | 397 | 3.5 |
Bankruptcies | 15 | 19 | 16 | -21.1 | -6.3 | 169 | 175 | -3.4 |
Proposals | 26 | 22 | 14 | 18.2 | 85.7 | 242 | 222 | 9.0 |
| Nova Scotia | 358 | 281 | 244 | 27.4 | 46.7 | 3,028 | 3,166 | -4.4 |
Bankruptcies | 122 | 124 | 110 | -1.6 | 10.9 | 1,203 | 1,397 | -13.9 |
Proposals | 236 | 157 | 134 | 50.3 | 76.1 | 1,825 | 1,769 | 3.2 |
| New Brunswick | 259 | 278 | 283 | -6.8 | -8.5 | 2,880 | 3,252 | -11.4 |
Bankruptcies | 89 | 102 | 111 | -12.7 | -19.8 | 1,079 | 1,470 | -26.6 |
Proposals | 170 | 176 | 172 | -3.4 | -1.2 | 1,801 | 1,782 | 1.1 |
| Quebec | 2,147 | 2,044 | 1,851 | 5.0 | 16.0 | 23,918 | 23,984 | -0.3 |
Bankruptcies | 789 | 687 | 788 | 14.8 | 0.1 | 9,347 | 10,618 | -12.0 |
Proposals | 1,358 | 1,357 | 1,063 | 0.1 | 27.8 | 14,571 | 13,366 | 9.0 |
| Ontario | 3,191 | 2,958 | 2,506 | 7.9 | 27.3 | 31,377 | 31,268 | 0.3 |
Bankruptcies | 671 | 696 | 685 | -3.6 | -2.0 | 7,192 | 8,202 | -12.3 |
Proposals | 2,520 | 2,262 | 1,821 | 11.4 | 38.4 | 24,185 | 23,066 | 4.9 |
| Manitoba | 261 | 227 | 229 | 15.0 | 14.0 | 2,534 | 2,399 | 5.6 |
Bankruptcies | 62 | 59 | 69 | 5.1 | -10.1 | 718 | 776 | -7.5 |
Proposals | 199 | 168 | 160 | 18.5 | 24.4 | 1,816 | 1,623 | 11.9 |
| Saskatchewan | 289 | 254 | 197 | 13.8 | 46.7 | 2,834 | 2,656 | 6.7 |
Bankruptcies | 53 | 56 | 55 | -5.4 | -3.6 | 673 | 795 | -15.3 |
Proposals | 236 | 198 | 142 | 19.2 | 66.2 | 2,161 | 1,861 | 16.1 |
| Alberta | 1,315 | 1,309 | 1,172 | 0.5 | 12.2 | 14,076 | 13,359 | 5.4 |
Bankruptcies | 188 | 217 | 238 | -13.4 | -21.0 | 2,436 | 3,177 | -23.3 |
Proposals | 1,127 | 1,092 | 934 | 3.2 | 20.7 | 11,640 | 10,182 | 14.3 |
| British Columbia | 845 | 869 | 763 | -2.8 | 10.7 | 8,952 | 8,335 | 7.4 |
Bankruptcies | 146 | 163 | 188 | -10.4 | -22.3 | 1,870 | 2,339 | -20.1 |
Proposals | 699 | 706 | 575 | -1.0 | 21.6 | 7,082 | 5,996 | 18.1 |
| Northwest Territories | 4 | 5 | 6 | -20.0 | -33.3 | 63 | 51 | 23.5 |
Bankruptcies | 2 | 0 | 3 | -- | -33.3 | 7 | 7 | 0.0 |
Proposals | 2 | 5 | 3 | -60.0 | -33.3 | 56 | 44 | 27.3 |
| Yukon | 5 | 7 | 2 | -28.6 | 150.0 | 47 | 30 | 56.7 |
Bankruptcies | 0 | 0 | 0 | -- | -- | 5 | 10 | -50.0 |
Proposals | 5 | 7 | 2 | -28.6 | 150.0 | 42 | 20 | 110.0 |
| Nunavut | 1 | 1 | 1 | 0.0 | 0.0 | 11 | 13 | -15.4 |
Bankruptcies | 0 | 0 | 0 | -- | -- | 1 | 0 | -- |
Proposals | 1 | 1 | 1 | 0.0 | 0.0 | 10 | 13 | -23.1 |
| Canada | 8,907 | 8,425 | 7,448 | 5.7 | 19.6 | 91,818 | 90,784 | 1.1 |
Bankruptcies | 2,196 | 2,185 | 2,321 | 0.5 | -5.4 | 25,301 | 29,664 | -14.7 |
Proposals | 6,711 | 6,240 | 5,127 | 7.5 | 30.9 | 66,517 | 61,120 | 8.8 |
| - | Volume | % Change | 12-Month Period Ending | |||||
|---|---|---|---|---|---|---|---|---|
| June 2022 | May 2022 | June 2021 | May 2022 to June 2022 | June 2021 to June 2022 | 06-30-2022 | 06-30-2021 | % Change | |
| Newfoundland and Labrador | 3 | 3 | 1 | 0.0 | 200.0 | 13 | 13 | 0.0 |
Bankruptcies | 3 | 3 | 1 | 0.0 | 200.0 | 12 | 13 | -7.7 |
Proposals | 0 | 0 | 0 | -- | -- | 1 | 0 | -- |
| Prince Edward Island | 0 | 0 | 0 | -- | -- | 5 | 0 | -- |
Bankruptcies | 0 | 0 | 0 | -- | -- | 4 | 0 | -- |
Proposals | 0 | 0 | 0 | -- | -- | 1 | 0 | -- |
| Nova Scotia | 2 | 0 | 2 | -- | 0.0 | 21 | 14 | 50.0 |
Bankruptcies | 2 | 0 | 1 | -- | 100.0 | 12 | 12 | 0.0 |
Proposals | 0 | 0 | 1 | -- | -100.0 | 9 | 2 | 350.0 |
| New Brunswick | 1 | 1 | 2 | 0.0 | -50.0 | 18 | 21 | -14.3 |
Bankruptcies | 1 | 1 | 2 | 0.0 | -50.0 | 15 | 14 | 7.1 |
Proposals | 0 | 0 | 0 | -- | -- | 3 | 7 | -57.1 |
| Quebec | 175 | 144 | 145 | 21.5 | 20.7 | 1,713 | 1,511 | 13.4 |
Bankruptcies | 148 | 122 | 120 | 21.3 | 23.3 | 1,415 | 1,246 | 13.6 |
Proposals | 27 | 22 | 25 | 22.7 | 8.0 | 298 | 265 | 12.5 |
| Ontario | 75 | 54 | 48 | 38.9 | 56.3 | 761 | 626 | 21.6 |
Bankruptcies | 59 | 37 | 33 | 59.5 | 78.8 | 542 | 453 | 19.6 |
Proposals | 16 | 17 | 15 | -5.9 | 6.7 | 219 | 173 | 26.6 |
| Manitoba | 3 | 0 | 5 | -- | -40.0 | 31 | 29 | 6.9 |
Bankruptcies | 1 | 0 | 4 | -- | -75.0 | 22 | 25 | -12.0 |
Proposals | 2 | 0 | 1 | -- | 100.0 | 9 | 4 | 125.0 |
| Saskatchewan | 4 | 7 | 4 | -42.9 | 0.0 | 45 | 46 | -2.2 |
Bankruptcies | 3 | 3 | 3 | 0.0 | 0.0 | 30 | 37 | -18.9 |
Proposals | 1 | 4 | 1 | -75.0 | 0.0 | 15 | 9 | 66.7 |
| Alberta | 22 | 13 | 10 | 69.2 | 120.0 | 158 | 152 | 3.9 |
Bankruptcies | 9 | 12 | 5 | -25.0 | 80.0 | 102 | 106 | -3.8 |
Proposals | 13 | 1 | 5 | 1200.0 | 160.0 | 56 | 46 | 21.7 |
| British Columbia | 18 | 13 | 6 | 38.5 | 200.0 | 107 | 94 | 13.8 |
Bankruptcies | 16 | 7 | 4 | 128.6 | 300.0 | 80 | 67 | 19.4 |
Proposals | 2 | 6 | 2 | -66.7 | 0.0 | 27 | 27 | 0.0 |
| 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 | 303 | 235 | 223 | 28.9 | 35.9 | 2,872 | 2,507 | 14.6 |
Bankruptcies | 242 | 185 | 173 | 30.8 | 39.9 | 2,234 | 1,974 | 13.2 |
Proposals | 61 | 50 | 50 | 22.0 | 22.0 | 638 | 533 | 19.7 |
| - | Volume | % Change | 12-Month Period Ending | |||||
|---|---|---|---|---|---|---|---|---|
| June 2022 | May 2022 | June 2021 | May 2022 to June 2022 | June 2021 to June 2022 | 06-30-2022 | 06-30-2021 | % Change | |
| Newfoundland and Labrador | 0 | 0 | 1 | -- | -100.0 | 2 | 5 | -60.0 |
Bankruptcies | 0 | 0 | 1 | -- | -100.0 | 1 | 5 | -80.0 |
Proposals | 0 | 0 | 0 | -- | -- | 1 | 0 | -- |
| Prince Edward Island | 0 | 0 | 0 | -- | -- | 2 | 0 | -- |
Bankruptcies | 0 | 0 | 0 | -- | -- | 2 | 0 | -- |
Proposals | 0 | 0 | 0 | -- | -- | 0 | 0 | -- |
| Nova Scotia | 0 | 0 | 1 | -- | -100.0 | 7 | 8 | -12.5 |
Bankruptcies | 0 | 0 | 0 | -- | -- | 3 | 7 | -57.1 |
Proposals | 0 | 0 | 1 | -- | -100.0 | 4 | 1 | 300.0 |
| New Brunswick | 0 | 0 | 2 | -- | -100.0 | 8 | 11 | -27.3 |
Bankruptcies | 0 | 0 | 2 | -- | -100.0 | 7 | 9 | -22.2 |
Proposals | 0 | 0 | 0 | -- | -- | 1 | 2 | -50.0 |
| Quebec | 145 | 126 | 127 | 15.1 | 14.2 | 1,486 | 1,318 | 12.7 |
Bankruptcies | 133 | 113 | 106 | 17.7 | 25.5 | 1,288 | 1,116 | 15.4 |
Proposals | 12 | 13 | 21 | -7.7 | -42.9 | 198 | 202 | -2.0 |
| Ontario | 55 | 30 | 34 | 83.3 | 61.8 | 514 | 432 | 19.0 |
Bankruptcies | 48 | 27 | 26 | 77.8 | 84.6 | 408 | 339 | 20.4 |
Proposals | 7 | 3 | 8 | 133.3 | -12.5 | 106 | 93 | 14.0 |
| Manitoba | 1 | 0 | 3 | -- | -66.7 | 15 | 9 | 66.7 |
Bankruptcies | 0 | 0 | 3 | -- | -100.0 | 10 | 8 | 25.0 |
Proposals | 1 | 0 | 0 | -- | -- | 5 | 1 | 400.0 |
| Saskatchewan | 0 | 3 | 1 | -100.0 | -100.0 | 7 | 22 | -68.2 |
Bankruptcies | 0 | 1 | 1 | -100.0 | -100.0 | 4 | 18 | -77.8 |
Proposals | 0 | 2 | 0 | -100.0 | -- | 3 | 4 | -25.0 |
| Alberta | 6 | 7 | 6 | -14.3 | 0.0 | 74 | 88 | -15.9 |
Bankruptcies | 4 | 7 | 3 | -42.9 | 33.3 | 57 | 66 | -13.6 |
Proposals | 2 | 0 | 3 | -- | -33.3 | 17 | 22 | -22.7 |
| British Columbia | 8 | 5 | 2 | 60.0 | 300.0 | 48 | 61 | -21.3 |
Bankruptcies | 8 | 2 | 2 | 300.0 | 300.0 | 39 | 43 | -9.3 |
Proposals | 0 | 3 | 0 | -100.0 | -- | 9 | 18 | -50.0 |
| 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 | 215 | 171 | 177 | 25.7 | 21.5 | 2,163 | 1,955 | 10.6 |
Bankruptcies | 193 | 150 | 144 | 28.7 | 34.0 | 1,819 | 1,612 | 12.8 |
Proposals | 22 | 21 | 33 | 4.8 | -33.3 | 344 | 343 | 0.3 |
| - | Volume | % Change | 12-Month Period Ending | |||||
|---|---|---|---|---|---|---|---|---|
| June 2022 | May 2022 | June 2021 | May 2022 to June 2022 | June 2021 to June 2022 | 06-30-2022 | 06-30-2021 | % Change | |
| Newfoundland and Labrador | 3 | 3 | 0 | 0.0 | -- | 11 | 8 | 37.5 |
Bankruptcies | 3 | 3 | 0 | 0.0 | -- | 11 | 8 | 37.5 |
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 | 2 | 0 | 1 | -- | 100.0 | 14 | 6 | 133.3 |
Bankruptcies | 2 | 0 | 1 | -- | 100.0 | 9 | 5 | 80.0 |
Proposals | 0 | 0 | 0 | -- | -- | 5 | 1 | 400.0 |
| New Brunswick | 1 | 1 | 0 | 0.0 | -- | 10 | 10 | 0.0 |
Bankruptcies | 1 | 1 | 0 | 0.0 | -- | 8 | 5 | 60.0 |
Proposals | 0 | 0 | 0 | -- | -- | 2 | 5 | -60.0 |
| Quebec | 30 | 18 | 18 | 66.7 | 66.7 | 227 | 193 | 17.6 |
Bankruptcies | 15 | 9 | 14 | 66.7 | 7.1 | 127 | 130 | -2.3 |
Proposals | 15 | 9 | 4 | 66.7 | 275.0 | 100 | 63 | 58.7 |
| Ontario | 20 | 24 | 14 | -16.7 | 42.9 | 247 | 194 | 27.3 |
Bankruptcies | 11 | 10 | 7 | 10.0 | 57.1 | 134 | 114 | 17.5 |
Proposals | 9 | 14 | 7 | -35.7 | 28.6 | 113 | 80 | 41.3 |
| Manitoba | 2 | 0 | 2 | -- | 0.0 | 16 | 20 | -20.0 |
Bankruptcies | 1 | 0 | 1 | -- | 0.0 | 12 | 17 | -29.4 |
Proposals | 1 | 0 | 1 | -- | 0.0 | 4 | 3 | 33.3 |
| Saskatchewan | 4 | 4 | 3 | 0.0 | 33.3 | 38 | 24 | 58.3 |
Bankruptcies | 3 | 2 | 2 | 50.0 | 50.0 | 26 | 19 | 36.8 |
Proposals | 1 | 2 | 1 | -50.0 | 0.0 | 12 | 5 | 140.0 |
| Alberta | 16 | 6 | 4 | 166.7 | 300.0 | 84 | 64 | 31.3 |
Bankruptcies | 5 | 5 | 2 | 0.0 | 150.0 | 45 | 40 | 12.5 |
Proposals | 11 | 1 | 2 | 1000.0 | 450.0 | 39 | 24 | 62.5 |
| British Columbia | 10 | 8 | 4 | 25.0 | 150.0 | 59 | 33 | 78.8 |
Bankruptcies | 8 | 5 | 2 | 60.0 | 300.0 | 41 | 24 | 70.8 |
Proposals | 2 | 3 | 2 | -33.3 | 0.0 | 18 | 9 | 100.0 |
| 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 | 88 | 64 | 46 | 37.5 | 91.3 | 709 | 552 | 28.4 |
Bankruptcies | 49 | 35 | 29 | 40.0 | 69.0 | 415 | 362 | 14.6 |
Proposals | 39 | 29 | 17 | 34.5 | 129.4 | 294 | 190 | 54.7 |
| - | Volume | % Change | 12-Month Period Ending | |||||
|---|---|---|---|---|---|---|---|---|
| June 2022 | May 2022 | June 2022 | May 2022 to June 2022 | June 2021 to June 2022 | 06-30-2022 | 06-30-2021 | % Change | |
| Agriculture, Forestry, Fishing and Hunting | 3 | 8 | 2 | -62.5 | 50.0 | 75 | 56 | 33.9 |
Bankruptcies | 2 | 6 | 2 | -66.7 | 0.0 | 65 | 44 | 47.7 |
Proposals | 1 | 2 | 0 | -50.0 | -- | 10 | 12 | -16.7 |
| Mining and Oil and Gas Extraction | 2 | 2 | 7 | 0.0 | -71.4 | 22 | 56 | -60.7 |
Bankruptcies | 2 | 1 | 4 | 100.0 | -50.0 | 18 | 39 | -53.8 |
Proposals | 0 | 1 | 3 | -100.0 | -100.0 | 4 | 17 | -76.5 |
| Utilities | 3 | 0 | 0 | -- | -- | 6 | 4 | 50.0 |
Bankruptcies | 2 | 0 | 0 | -- | -- | 5 | 3 | 66.7 |
Proposals | 1 | 0 | 0 | -- | -- | 1 | 1 | 0.0 |
| Construction | 54 | 32 | 41 | 68.8 | 31.7 | 430 | 324 | 32.7 |
Bankruptcies | 39 | 22 | 30 | 77.3 | 30.0 | 309 | 260 | 18.8 |
Proposals | 15 | 10 | 11 | 50.0 | 36.4 | 121 | 64 | 89.1 |
| Manufacturing | 17 | 16 | 12 | 6.3 | 41.7 | 226 | 213 | 6.1 |
Bankruptcies | 12 | 13 | 10 | -7.7 | 20.0 | 174 | 163 | 6.7 |
Proposals | 5 | 3 | 2 | 66.7 | 150.0 | 52 | 50 | 4.0 |
| Wholesale Trade | 14 | 10 | 8 | 40.0 | 75.0 | 124 | 113 | 9.7 |
Bankruptcies | 12 | 7 | 6 | 71.4 | 100.0 | 103 | 88 | 17.0 |
Proposals | 2 | 3 | 2 | -33.3 | 0.0 | 21 | 25 | -16.0 |
| Retail Trade | 46 | 32 | 22 | 43.8 | 109.1 | 309 | 288 | 7.3 |
Bankruptcies | 33 | 29 | 17 | 13.8 | 94.1 | 254 | 223 | 13.9 |
Proposals | 13 | 3 | 5 | 333.3 | 160.0 | 55 | 65 | -15.4 |
| Transportation and Warehousing | 21 | 21 | 20 | 0.0 | 5.0 | 241 | 171 | 40.9 |
Bankruptcies | 16 | 17 | 18 | -5.9 | -11.1 | 183 | 141 | 29.8 |
Proposals | 5 | 4 | 2 | 25.0 | 150.0 | 58 | 30 | 93.3 |
| Information and Cultural Industries | 7 | 2 | 3 | 250.0 | 133.3 | 62 | 38 | 63.2 |
Bankruptcies | 7 | 2 | 3 | 250.0 | 133.3 | 40 | 31 | 29.0 |
Proposals | 0 | 0 | 0 | -- | -- | 22 | 7 | 214.3 |
| Finance and Insurance | 3 | 2 | 7 | 50.0 | -57.1 | 35 | 54 | -35.2 |
Bankruptcies | 1 | 1 | 7 | 0.0 | -85.7 | 21 | 46 | -54.3 |
Proposals | 2 | 1 | 0 | 100.0 | -- | 14 | 8 | 75.0 |
| Real Estate and Rental and Leasing | 13 | 9 | 5 | 44.4 | 160.0 | 113 | 126 | -10.3 |
Bankruptcies | 11 | 9 | 5 | 22.2 | 120.0 | 76 | 103 | -26.2 |
Proposals | 2 | 0 | 0 | -- | -- | 37 | 23 | 60.9 |
| Professional, Scientific and Technical Services | 21 | 18 | 15 | 16.7 | 40.0 | 214 | 168 | 27.4 |
Bankruptcies | 19 | 13 | 14 | 46.2 | 35.7 | 170 | 142 | 19.7 |
Proposals | 2 | 5 | 1 | -60.0 | 100.0 | 44 | 26 | 69.2 |
| Management of Companies and Enterprises | 5 | 5 | 9 | 0.0 | -44.4 | 63 | 81 | -22.2 |
Bankruptcies | 4 | 3 | 5 | 33.3 | -20.0 | 50 | 62 | -19.4 |
Proposals | 1 | 2 | 4 | -50.0 | -75.0 | 13 | 19 | -31.6 |
| Administrative and Support, Waste Management and Remediation Services | 14 | 13 | 16 | 7.7 | -12.5 | 175 | 135 | 29.6 |
Bankruptcies | 11 | 11 | 11 | 0.0 | 0.0 | 132 | 100 | 32.0 |
Proposals | 3 | 2 | 5 | 50.0 | -40.0 | 43 | 35 | 22.9 |
| Educational Services | 0 | 0 | 1 | -- | -100.0 | 23 | 33 | -30.3 |
Bankruptcies | 0 | 0 | 1 | -- | -100.0 | 18 | 28 | -35.7 |
Proposals | 0 | 0 | 0 | -- | -- | 5 | 5 | 0.0 |
| Health Care and Social Assistance | 9 | 9 | 3 | 0.0 | 200.0 | 80 | 68 | 17.6 |
Bankruptcies | 7 | 7 | 1 | 0.0 | 600.0 | 62 | 49 | 26.5 |
Proposals | 2 | 2 | 2 | 0.0 | 0.0 | 18 | 19 | -5.3 |
| Arts, Entertainment and Recreation | 7 | 5 | 6 | 40.0 | 16.7 | 76 | 87 | -12.6 |
Bankruptcies | 7 | 4 | 4 | 75.0 | 75.0 | 63 | 63 | 0.0 |
Proposals | 0 | 1 | 2 | -100.0 | -100.0 | 13 | 24 | -45.8 |
| Accommodation and Food Services | 55 | 29 | 36 | 89.7 | 52.8 | 419 | 359 | 16.7 |
Bankruptcies | 50 | 22 | 25 | 127.3 | 100.0 | 352 | 278 | 26.6 |
Proposals | 5 | 7 | 11 | -28.6 | -54.5 | 67 | 81 | -17.3 |
| Other Services (except Public Administration) | 9 | 22 | 10 | -59.1 | -10.0 | 175 | 127 | 37.8 |
Bankruptcies | 7 | 18 | 10 | -61.1 | -30.0 | 135 | 106 | 27.4 |
Proposals | 2 | 4 | 0 | -50.0 | -- | 40 | 21 | 90.5 |
| Public Administration | 0 | 0 | 0 | -- | -- | 2 | 6 | -66.7 |
Bankruptcies | 0 | 0 | 0 | -- | -- | 2 | 5 | -60.0 |
Proposals | 0 | 0 | 0 | -- | -- | 0 | 1 | -100.0 |
| Canada | 303 | 235 | 223 | 28.9 | 35.9 | 2,870 | 2,507 | 14.5 |
| Bankruptcies | 242 | 185 | 173 | 30.8 | 39.9 | 2,232 | 1,974 | 13.1 |
| Proposals | 61 | 50 | 50 | 22.0 | 22.0 | 638 | 533 | 19.7 |