Insolvency Statistics in Canada—2013 (Table 3)

Table 3: Insolvencies Filed by Businesses
Province Volume 2013
2013 2012 % Change Assets Declared at the Time of Filing ($) Liabilities Declared at the Time of Filing ($)
Newfoundland and Labrador 32 19 68.4 9,794,950 29,609,309
Bankruptcies 21 15 40.0 3,766,445 11,047,825
Proposals 11 4 175.0 6,028,505 18,561,484
Prince Edward Island 23 17 35.3 2,210,419 6,956,830
Bankruptcies 18 13 38.5 1,693,713 5,891,445
Proposals 5 4 25.0 516,706 1,065,385
Nova Scotia 111 106 4.7 18,510,740 107,731,336
Bankruptcies 84 86 -2.3 17,393,834 93,298,865
Proposals 27 20 35.0 1,116,906 14,432,471
New Brunswick 82 70 17.1 28,485,876 152,483,839
Bankruptcies 64 53 20.8 23,554,141 83,337,305
Proposals 18 17 5.9 4,931,735 69,146,534
Quebec 2,180 2,019 8.0 330,169,572 2,396,001,583
Bankruptcies 1,591 1,488 6.9 274,133,235 1,584,100,294
Proposals 589 531 10.9 56,036,337 811,901,289
Ontario 1,220 1,361 -10.4 215,949,765 1,364,353,038
Bankruptcies 958 1,042 -8.1 165,317,785 1,079,701,145
Proposals 262 319 -17.9 50,631,980 284,651,893
Manitoba 67 49 36.7 13,570,053 61,261,622
Bankruptcies 55 36 52.8 11,968,057 58,933,602
Proposals 12 13 -7.7 1,601,996 2,328,020
Saskatchewan 115 129 -10.9 18,743,304 34,261,689
Bankruptcies 68 79 -13.9 9,551,851 23,431,035
Proposals 47 50 -6.0 9,191,453 10,830,654
Alberta 194 312 -37.8 205,321,334 409,692,605
Bankruptcies 137 230 -40.4 80,754,042 222,765,330
Proposals 57 82 -30.5 124,567,292 186,927,275
British Columbia 255 268 -4.9 126,781,207 298,824,706
Bankruptcies 189 192 -1.6 113,262,449 272,284,508
Proposals 66 76 -13.2 13,518,758 26,540,198
Northwest Territories 0 1 -100.0 0 0
Bankruptcies 0 0 --  0 0
Proposals 0 1 -100.0 0 0
Yukon 2 1 100.0 33,249 10,871,073
Bankruptcies 2 1 100.0 33,249 10,871,073
Proposals 0 0 --  0 0
Nunavut 0 1 -100.0 0 0
Bankruptcies 0 1 -100.0 0 0
Proposals 0 0 --  0 0
Canada 4,281 4,353 -1.7 969,570,469 4,872,047,630
Bankruptcies 3,187 3,236 -1.5 701,428,801 3,445,662,427
Proposals 1,094 1,117 -2.1 268,141,668 1,426,385,203
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