Archived — Insolvency Statistics in Canada—2012 (Table 6)

Table 6: Insolvencies Filed by Businesses by Economic Region
Province or region Volume 2012
2012 2011 % Change Assets Declared at the Time of Filing ($) Liabilities Declared at the Time of Filing ($)
Newfoundland and Labrador 19 26 -26.9 885,347 6,619,167
Bankruptcies 15 24 -37.5 827,341 6,356,297
Proposals 4 2 100.0 58,006 262,870
Avalon Peninsula 11 9 22.2 409,718 4,246,960
Bankruptcies 7 9 -22.2 351,712 3,984,090
Proposals 4 0 --  58,006 262,870
South Coast – Burin Peninsula 1 2 -50.0 85,000 290,321
Bankruptcies 1 2 -50.0 85,000 290,321
Proposals 0 0 --  0 0
West Coast – Northern Peninsula – Labrador 4 7 -42.9 259,904 1,193,528
Bankruptcies 4 7 -42.9 259,904 1,193,528
Proposals 0 0 --  0 0
Notre Dame – Central Bonavista Bay 3 7 -57.1 130,725 888,358
Bankruptcies 3 5 -40.0 130,725 888,358
Proposals 0 2 -100.0 0 0
Prince Edward Island 17 17 0.0 4,374,751 5,769,448
Bankruptcies 13 15 -13.3 4,328,250 4,705,045
Proposals 4 2 100.0 46,501 1,064,403
Nova Scotia 106 113 -6.2 30,890,707 100,142,223
Bankruptcies 86 95 -9.5 28,865,780 81,404,051
Proposals 20 18 11.1 2,024,927 18,738,172
Cape Breton 17 6 183.3 2,602,249 10,067,837
Bankruptcies 12 5 140.0 1,480,859 8,113,250
Proposals 5 1 400.0 1,121,390 1,954,587
North Shore 17 15 13.3 1,036,311 3,924,862
Bankruptcies 15 10 50.0 883,672 2,846,451
Proposals 2 4 -50.0 152,639 1,078,411
Annapolis Valley 17 14 21.4 2,959,416 28,128,519
Bankruptcies 13 13 0.0 2,944,461 17,244,846
Proposals 4 1 300.0 14,954 10,883,673
Southern 12 11 9.1 1,211,826 2,018,983
Bankruptcies 8 10 -20.0 499,462 1,447,450
Proposals 3 1 200.0 712,365 571,533
Halifax 43 67 -35.8 23,080,904 56,002,022
Bankruptcies 38 56 -32.1 23,057,326 51,752,055
Proposals 5 11 -54.5 23,579 4,249,968
New Brunswick 70 60 16.7 20,550,659 78,144,457
Bankruptcies 53 43 23.3 19,594,022 57,656,964
Proposals 17 17 0.0 956,637 20,487,493
Campbellton – Miramichi 12 16 -25.0 8,678,569 19,878,970
Bankruptcies 9 14 -35.7 8,274,865 14,676,663
Proposals 3 2 50.0 403,704 5,202,307
Moncton – Richibucto 25 16 56.3 8,981,583 30,967,343
Bankruptcies 19 13 46.2 8,746,880 16,230,544
Proposals 6 3 100.0 234,703 14,736,799
Saint John – St. Stephen 15 15 0.0 1,203,461 7,821,830
Bankruptcies 11 8 37.5 1,057,186 7,667,822
Proposals 4 7 -42.9 146,275 154,008
Fredericton – Oromocto 3 5 -40.0 255,505 1,356,978
Bankruptcies 2 3 -33.3 155,350 1,152,378
Proposals 1 2 -50.0 100,155 204,600
Edmundston – Woodstock 14 8 75.0 1,431,540 18,119,336
Bankruptcies 11 5 120.0 1,359,740 17,929,557
Proposals 3 2 50.0 71,800 189,779
Quebec 2,019 2,127 -5.1 206,220,985 1,633,764,184
Bankruptcies 1,488 1,569 -5.2 116,497,934 718,868,210
Proposals 531 558 -4.8 89,723,051 914,895,974
Gaspésie – Îles-de-la-Madeleine 15 30 -50.0 753,601 4,812,119
Bankruptcies 11 19 -42.1 173,902 1,335,274
Proposals 4 11 -63.6 579,698 3,476,845
Bas-Saint-Laurent 31 52 -40.4 3,644,131 25,835,123
Bankruptcies 26 38 -31.6 3,644,128 19,510,539
Proposals 5 14 -64.3 3 6,324,585
Capitale-Nationale 143 155 -7.7 13,737,134 119,333,906
Bankruptcies 104 112 -7.1 9,139,486 38,416,285
Proposals 39 43 -9.3 4,597,648 80,917,621
Chaudière – Appalaches 83 86 -3.5 13,035,269 67,878,516
Bankruptcies 61 63 -3.2 11,863,265 39,605,789
Proposals 22 24 -8.3 1,172,004 28,272,726
Estrie 48 50 -4.0 14,258,054 85,308,702
Bankruptcies 34 36 -5.6 8,132,156 21,835,617
Proposals 14 14 0.0 6,125,898 63,473,085
Centre-du-Québec 49 60 -18.3 3,263,504 28,819,200
Bankruptcies 38 44 -13.6 2,982,942 8,701,353
Proposals 11 15 -26.7 280,562 20,117,848
Montérégie 320 360 -11.1 59,259,661 271,956,397
Bankruptcies 235 285 -17.5 32,530,991 169,461,019
Proposals 85 75 13.3 26,728,670 102,495,378
Montréal 646 613 5.4 41,934,616 651,996,854
Bankruptcies 479 453 5.7 15,977,350 231,669,046
Proposals 167 160 4.4 25,957,265 420,327,808
Laval 145 164 -11.6 8,623,640 70,638,549
Bankruptcies 106 111 -4.5 3,787,493 31,634,011
Proposals 39 53 -26.4 4,836,147 39,004,538
Lanaudière 121 133 -9.0 10,517,713 58,776,376
Bankruptcies 94 98 -4.1 6,311,678 32,056,619
Proposals 27 35 -22.9 4,206,035 26,719,756
Laurentides 167 183 -8.7 7,465,843 84,214,590
Bankruptcies 120 133 -9.8 3,444,452 42,329,905
Proposals 47 50 -6.0 4,021,391 41,884,685
Outaouais 69 78 -11.5 3,215,745 14,722,027
Bankruptcies 50 47 6.4 2,826,052 13,092,134
Proposals 18 31 -41.9 389,693 1,629,893
Abitibi – Témiscamingue 38 19 100.0 1,947,568 20,614,897
Bankruptcies 30 19 57.9 1,693,213 19,801,069
Proposals 8 0 --  254,354 813,828
Mauricie 68 75 -9.3 5,153,027 28,840,737
Bankruptcies 39 51 -23.5 2,733,110 9,344,165
Proposals 29 24 20.8 2,419,917 19,496,571
Saguenay – Lac-Saint-Jean 58 52 11.5 17,796,950 83,163,803
Bankruptcies 45 45 0.0 9,716,221 28,812,152
Proposals 13 7 85.7 8,080,729 54,351,652
Côte-Nord 13 13 0.0 216,077 10,764,088
Bankruptcies 11 11 0.0 143,041 5,174,935
Proposals 2 2 0.0 73,036 5,589,154
Nord-du-Québec 5 3 66.7 1,398,453 6,088,299
Bankruptcies 5 3 66.7 1,398,453 6,088,299
Proposals 0 0 --  0 0
Ontario 1,361 1,614 -15.7 203,303,064 1,698,471,337
Bankruptcies 1,042 1,276 -18.3 175,515,154 1,461,569,355
Proposals 319 338 -5.6 27,787,910 236,901,982
Ottawa 128 139 -7.9 15,499,489 65,532,814
Bankruptcies 103 100 3.0 15,141,672 61,024,681
Proposals 25 38 -34.2 357,817 4,508,133
Kingston – Pembroke 24 33 -27.3 1,141,022 5,021,772
Bankruptcies 23 26 -11.5 1,141,022 5,021,772
Proposals 1 7 -85.7 0 0
Muskoka – Kawarthas 27 42 -35.7 3,579,930 10,180,392
Bankruptcies 22 40 -45.0 2,346,679 8,438,125
Proposals 5 2 150.0 1,233,251 1,742,267
Toronto 722 889 -18.8 104,808,201 1,319,843,220
Bankruptcies 537 687 -21.8 88,187,745 1,137,825,213
Proposals 185 203 -8.9 16,620,456 182,018,007
Kitchener – Waterloo – Barrie 119 133 -10.5 10,057,527 54,399,653
Bankruptcies 92 108 -14.8 6,092,644 41,117,756
Proposals 27 26 3.8 3,964,883 13,281,898
Hamilton – Niagara Peninsula 134 164 -18.3 14,016,836 67,032,854
Bankruptcies 102 134 -23.9 10,713,258 42,844,892
Proposals 32 30 6.7 3,303,579 24,187,961
London 51 52 -1.9 5,259,288 22,221,323
Bankruptcies 44 42 4.8 5,186,678 21,652,214
Proposals 7 10 -30.0 72,610 569,109
Windsor – Sarnia 56 61 -8.2 20,251,704 34,420,355
Bankruptcies 45 54 -16.7 19,664,678 28,231,973
Proposals 11 7 57.1 587,026 6,188,383
Stratford – Bruce Peninsula 28 33 -15.2 3,832,573 7,896,496
Bankruptcies 24 29 -17.2 3,582,769 7,264,839
Proposals 4 4 0.0 249,804 631,657
Northeast 48 44 9.1 11,801,216 55,837,055
Bankruptcies 36 34 5.9 10,714,013 52,903,271
Proposals 11 10 10.0 1,087,203 2,933,784
Northwest 24 23 4.3 13,055,277 56,085,403
Bankruptcies 15 22 -31.8 12,743,997 55,244,618
Proposals 9 1 800.0 311,281 840,785
Manitoba 49 74 -33.8 5,478,904 18,550,232
Bankruptcies 36 60 -40.0 2,603,777 15,407,847
Proposals 13 14 -7.1 2,875,127 3,142,385
Southeast 7 4 75.0 1,435,790 3,716,201
Bankruptcies 2 4 -50.0 84,676 1,594,220
Proposals 5 0 --  1,351,114 2,121,981
South Central 3 6 -50.0 725,215 3,021,882
Bankruptcies 3 5 -40.0 725,215 3,021,882
Proposals 0 1 -100.0 0 0
Southwest 9 12 -25.0 1,996,798 2,204,958
Bankruptcies 5 9 -44.4 552,076 1,604,258
Proposals 4 3 33.3 1,444,722 600,700
North Central 5 6 -16.7 452,952 1,527,856
Bankruptcies 5 4 25.0 452,952 1,527,856
Proposals 0 2 -100.0 0 0
Winnipeg 20 33 -39.4 831,354 7,569,425
Bankruptcies 17 28 -39.3 757,563 7,218,507
Proposals 3 5 -40.0 73,791 350,918
Interlake 2 3 -33.3 21,533 229,089
Bankruptcies 2 3 -33.3 21,533 229,089
Proposals 0 0 --  0 0
Parklands 2 6 -66.7 13,911 173,273
Bankruptcies 1 3 -66.7 8,411 104,487
Proposals 1 3 -66.7 5,500 68,786
North 1 2 -50.0 1,351 107,548
Bankruptcies 1 2 -50.0 1,351 107,548
Proposals 0 0 --  0 0
Saskatchewan 129 157 -17.8 15,419,495 32,617,971
Bankruptcies 79 104 -24.0 6,277,223 17,848,052
Proposals 50 53 -5.7 9,142,272 14,769,919
Regina – Moose Mountain 38 60 -36.7 4,874,890 8,849,149
Bankruptcies 20 40 -50.0 1,377,131 4,594,206
Proposals 18 20 -10.0 3,497,759 4,254,943
Swift Current – Moose Jaw 22 15 46.7 3,012,043 8,392,223
Bankruptcies 12 5 140.0 782,267 2,016,025
Proposals 10 10 0.0 2,229,776 6,376,198
Saskatoon – Biggar 24 34 -29.4 1,732,894 4,582,733
Bankruptcies 19 28 -32.1 1,664,301 4,123,555
Proposals 5 6 -16.7 68,593 459,178
Yorkton – Melville 21 21 0.0 2,722,170 3,172,405
Bankruptcies 10 11 -9.1 784,926 1,732,388
Proposals 11 10 10.0 1,937,244 1,440,017
Prince Albert 21 23 -8.7 2,724,451 6,805,326
Bankruptcies 17 16 6.3 1,426,897 4,683,828
Proposals 4 7 -42.9 1,297,554 2,121,498
Northern 2 4 -50.0 353,047 816,136
Bankruptcies 1 4 -75.0 241,701 698,050
Proposals 1 0 --  111,346 118,086
Alberta 312 341 -8.5 122,544,100 377,983,988
Bankruptcies 230 264 -12.9 104,860,394 310,639,245
Proposals 82 77 6.5 17,683,706 67,344,743
Lethbridge – Medicine Hat 19 19 0.0 11,899,939 7,594,879
Bankruptcies 15 17 -11.8 11,792,059 6,748,178
Proposals 4 2 100.0 107,880 846,701
Camrose – Drumheller 12 13 -7.7 1,449,475 4,801,576
Bankruptcies 9 7 28.6 1,006,276 4,503,862
Proposals 2 6 -66.7 443,200 297,714
Calgary 126 142 -11.3 44,207,874 139,752,571
Bankruptcies 99 109 -9.2 38,920,055 120,568,539
Proposals 27 33 -18.2 5,287,819 19,184,032
Banff – Jasper – Rocky Mountain House 6 8 -25.0 98,411 2,489,096
Bankruptcies 6 7 -14.3 98,411 2,489,096
Proposals 0 1 -100.0 0 0
Red Deer 29 20 45.0 29,579,476 50,526,746
Bankruptcies 16 15 6.7 25,929,017 47,774,253
Proposals 13 6 116.7 3,650,459 2,752,493
Edmonton 90 105 -14.3 28,507,633 153,122,011
Bankruptcies 60 83 -27.7 23,099,157 112,776,147
Proposals 30 22 36.4 5,408,476 40,345,863
Athabasca – Grande Prairie – Peace River 23 28 -17.9 4,429,310 13,580,754
Bankruptcies 20 21 -4.8 2,107,197 10,696,021
Proposals 3 7 -57.1 2,322,114 2,884,733
Wood Buffalo – Cold Lake 7 6 16.7 2,371,981 6,116,355
Bankruptcies 4 5 -20.0 1,908,222 5,083,147
Proposals 3 1 200.0 463,759 1,033,207
British Columbia 268 243 10.3 127,639,750 417,248,036
Bankruptcies 192 192 0.0 112,308,264 391,174,755
Proposals 76 51 49.0 15,331,486 26,073,281
Vancouver Island and Coast 44 45 -2.2 15,578,308 34,186,267
Bankruptcies 23 34 -32.4 5,551,315 21,312,403
Proposals 21 11 90.9 10,026,993 12,873,864
Lower Mainland – Southwest 148 133 11.3 96,707,088 339,659,627
Bankruptcies 108 108 0.0 93,651,750 330,759,918
Proposals 40 25 60.0 3,055,338 8,899,709
Thompson – Okanagan 57 43 32.6 12,385,253 35,122,937
Bankruptcies 43 33 30.3 10,136,098 30,823,229
Proposals 14 10 40.0 2,249,155 4,299,708
Kootenay 11 8 37.5 2,483,196 7,018,646
Bankruptcies 11 7 57.1 2,483,196 7,018,646
Proposals 0 1 -100.0 0 0
Cariboo 3 4 -25.0 211,132 318,204
Bankruptcies 2 3 -33.3 211,132 318,204
Proposals 1 1 0.0 0 0
North Coast 2 2 0.0 48,058 314,969
Bankruptcies 2 2 0.0 48,058 314,969
Proposals 0 0 --  0 0
Nechako 0 2 -100.0 0 0
Bankruptcies 0 1 -100.0 0 0
Proposals 0 1 -100.0 0 0
Northeast 3 5 -40.0 226,716 627,386
Bankruptcies 3 4 -25.0 226,716 627,386
Proposals 0 1 -100.0 0 0
Northwest Territories 1 2 -50.0 21,400 135,203
Bankruptcies 0 0 --  0 0
Proposals 1 2 -50.0 21,400 135,203
Yukon 1 1 0.0 215,002 223,743
Bankruptcies 1 1 0.0 215,002 223,743
Proposals 0 0 --  0 0
Nunavut 1 0 --  2,700 121,413
Bankruptcies 1 0 --  2,700 121,413
Proposals 0 0 --  0 0
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