Insolvency Statistics in Canada—First Quarter of 2014

Table 6: Insolvencies Filed by Businesses by ER
Province or area Volume % Change 12-Month Period Ending
Q1 2014 Q4 2013 Q1 2013 Q4 2013 to Q1 2014 Q1 2013 to Q1 2014 03-31-2014 03-31-2013 % Change
Newfoundland and Labrador 9 6 6 50.0 50.0 35 18 94.4
Bankruptcies 7 6 4 16.7 75.0 24 12 100.0
Proposals 2 0 2 -- 0.0 11 6 83.3
Avalon Peninsula 6 2 4 200.0 50.0 13 13 0.0
Bankruptcies 4 2 2 100.0 100.0 8 7 14.3
Proposals 2 0 2 -- 0.0 5 6 -16.7
South Coast – Burin Peninsula 0 0 0 -- -- 5 0 --
Bankruptcies 0 0 0 -- -- 1 0 --
Proposals 0 0 0 -- -- 4 0 --
West Coast – Northern Peninsula – Labrador 0 1 1 -100.0 -100.0 6 2 200.0
Bankruptcies 0 1 1 -100.0 -100.0 5 2 150.0
Proposals 0 0 0 -- -- 1 0 --
Notre Dame – Central Bonavista Bay 3 3 1 0.0 200.0 11 3 266.7
Bankruptcies 3 3 1 0.0 200.0 10 3 233.3
Proposals 0 0 0 -- -- 1 0 --
Prince Edward Island 3 6 6 -50.0 -50.0 20 13 53.8
Bankruptcies 1 5 6 -80.0 -83.3 13 12 8.3
Proposals 2 1 0 100.0 -- 7 1 600.0
Nova Scotia 17 27 29 -37.0 -41.4 99 109 -9.2
Bankruptcies 8 18 23 -55.6 -65.2 69 88 -21.6
Proposals 9 9 6 0.0 50.0 30 21 42.9
Cape Breton 3 1 2 200.0 50.0 5 14 -64.3
Bankruptcies 2 1 2 100.0 0.0 4 10 -60.0
Proposals 1 0 0 -- -- 1 4 -75.0
North Shore 1 2 3 -50.0 -66.7 10 15 -33.3
Bankruptcies 1 2 3 -50.0 -66.7 9 14 -35.7
Proposals 0 0 0 -- -- 1 1 0.0
Annapolis Valley 2 7 1 -71.4 100.0 20 14 42.9
Bankruptcies 0 7 1 -100.0 -100.0 10 10 0.0
Proposals 2 0 0 -- -- 10 4 150.0
Southern 3 3 4 0.0 -25.0 15 16 -6.3
Bankruptcies 1 1 3 0.0 -66.7 9 12 -25.0
Proposals 2 2 1 0.0 100.0 6 4 50.0
Halifax 8 13 18 -38.5 -55.6 49 50 -2.0
Bankruptcies 4 6 13 -33.3 -69.2 37 42 -11.9
Proposals 4 7 5 -42.9 -20.0 12 8 50.0
New Brunswick 26 27 15 -3.7 73.3 93 67 38.8
Bankruptcies 20 23 11 -13.0 81.8 73 48 52.1
Proposals 6 4 4 50.0 50.0 20 19 5.3
Campbellton – Miramichi 2 1 2 100.0 0.0 12 15 -20.0
Bankruptcies 2 1 2 100.0 0.0 9 12 -25.0
Proposals 0 0 0 -- -- 3 3 0.0
Moncton – Richibucto 8 8 3 0.0 166.7 33 20 65.0
Bankruptcies 8 7 2 14.3 300.0 30 14 114.3
Proposals 0 1 1 -100.0 -100.0 3 6 -50.0
Saint John – St. Stephen 7 10 5 -30.0 40.0 25 15 66.7
Bankruptcies 6 8 4 -25.0 50.0 20 10 100.0
Proposals 1 2 1 -50.0 0.0 5 5 0.0
Fredericton – Oromocto 5 3 0 66.7 -- 8 3 166.7
Bankruptcies 3 2 0 50.0 -- 5 2 150.0
Proposals 2 1 0 100.0 -- 3 1 200.0
Edmundston – Woodstock 4 4 5 0.0 -20.0 14 14 0.0
Bankruptcies 1 4 3 -75.0 -66.7 8 10 -20.0
Proposals 3 0 2 -- 50.0 6 4 50.0
Quebec 565 564 545 0.2 3.7 2,200 2,043 7.7
Bankruptcies 429 414 397 3.6 8.1 1,623 1,512 7.3
Proposals 136 150 148 -9.3 -8.1 577 531 8.7
Gaspésie – Îles-de-la-Madeleine 11 3 4 266.7 175.0 23 16 43.8
Bankruptcies 10 3 3 233.3 233.3 21 13 61.5
Proposals 1 0 1 -- 0.0 2 3 -33.3
Bas-Saint-Laurent 13 12 13 8.3 0.0 39 36 8.3
Bankruptcies 12 7 9 71.4 33.3 29 29 0.0
Proposals 1 5 4 -80.0 -75.0 10 7 42.9
Capitale-Nationale 51 38 44 34.2 15.9 169 143 18.2
Bankruptcies 42 22 32 90.9 31.3 129 104 24.0
Proposals 9 16 12 -43.8 -25.0 40 39 2.6
Chaudière – Appalaches 26 29 28 -10.3 -7.1 101 93 8.6
Bankruptcies 20 25 19 -20.0 5.3 78 67 16.4
Proposals 6 4 9 50.0 -33.3 23 26 -11.5
Estrie 11 13 14 -15.4 -21.4 50 51 -2.0
Bankruptcies 11 10 10 10.0 10.0 44 37 18.9
Proposals 0 3 4 -100.0 -100.0 6 14 -57.1
Centre-du-Québec 15 14 14 7.1 7.1 58 49 18.4
Bankruptcies 12 11 9 9.1 33.3 42 35 20.0
Proposals 3 3 5 0.0 -40.0 16 14 14.3
Montérégie 85 96 89 -11.5 -4.5 435 311 39.9
Bankruptcies 58 76 73 -23.7 -20.5 324 236 37.3
Proposals 27 20 16 35.0 68.8 111 75 48.0
Montréal 193 191 169 1.0 14.2 705 648 8.8
Bankruptcies 144 141 126 2.1 14.3 514 480 7.1
Proposals 49 50 43 -2.0 14.0 191 168 13.7
Laval 39 24 37 62.5 5.4 116 153 -24.2
Bankruptcies 31 16 28 93.8 10.7 80 117 -31.6
Proposals 8 8 9 0.0 -11.1 36 36 0.0
Lanaudière 23 36 22 -36.1 4.5 110 117 -6.0
Bankruptcies 13 24 13 -45.8 0.0 74 88 -15.9
Proposals 10 12 9 -16.7 11.1 36 29 24.1
Laurentides 33 39 41 -15.4 -19.5 174 169 3.0
Bankruptcies 30 27 25 11.1 20.0 128 118 8.5
Proposals 3 12 16 -75.0 -81.3 46 51 -9.8
Outaouais 26 27 26 -3.7 0.0 79 79 0.0
Bankruptcies 21 19 20 10.5 5.0 57 59 -3.4
Proposals 5 8 6 -37.5 -16.7 22 20 10.0
Abitibi – Témiscamingue 5 11 2 -54.5 150.0 30 36 -16.7
Bankruptcies 4 9 1 -55.6 300.0 22 29 -24.1
Proposals 1 2 1 -50.0 0.0 8 7 14.3
Mauricie 11 14 19 -21.4 -42.1 47 73 -35.6
Bankruptcies 8 11 14 -27.3 -42.9 35 46 -23.9
Proposals 3 3 5 0.0 -40.0 12 27 -55.6
Saguenay – Lac-Saint-Jean 12 7 16 71.4 -25.0 39 50 -22.0
Bankruptcies 8 7 12 14.3 -33.3 29 38 -23.7
Proposals 4 0 4 -- 0.0 10 12 -16.7
Côte-Nord 7 6 2 16.7 250.0 20 14 42.9
Bankruptcies 4 3 1 33.3 300.0 12 11 9.1
Proposals 3 3 1 0.0 200.0 8 3 166.7
Nord-du-Québec 1 1 1 0.0 0.0 5 6 -16.7
Bankruptcies 1 1 1 0.0 0.0 5 6 -16.7
Proposals 0 0 0 -- -- 0 0 --
Ontario 274 302 302 -9.3 -9.3 1,192 1,276 -6.6
Bankruptcies 193 237 236 -18.6 -18.2 915 978 -6.4
Proposals 81 65 66 24.6 22.7 277 298 -7.0
Ottawa 40 39 29 2.6 37.9 149 131 13.7
Bankruptcies 24 33 21 -27.3 14.3 115 102 12.7
Proposals 16 6 8 166.7 100.0 34 29 17.2
Kingston – Pembroke 7 8 8 -12.5 -12.5 28 26 7.7
Bankruptcies 6 5 6 20.0 0.0 18 23 -21.7
Proposals 1 3 2 -66.7 -50.0 10 3 233.3
Muskoka – Kawarthas 2 6 7 -66.7 -71.4 15 29 -48.3
Bankruptcies 2 6 6 -66.7 -66.7 15 24 -37.5
Proposals 0 0 1 -- -100.0 0 5 -100.0
Toronto 135 168 168 -19.6 -19.6 629 680 -7.5
Bankruptcies 92 127 129 -27.6 -28.7 476 505 -5.7
Proposals 43 41 39 4.9 10.3 153 175 -12.6
Kitchener – Waterloo – Barrie 19 29 18 -34.5 5.6 97 105 -7.6
Bankruptcies 14 25 12 -44.0 16.7 78 82 -4.9
Proposals 5 4 6 25.0 -16.7 19 23 -17.4
Hamilton – Niagara Peninsula 29 18 31 61.1 -6.5 114 121 -5.8
Bankruptcies 22 16 29 37.5 -24.1 91 98 -7.1
Proposals 7 2 2 250.0 250.0 23 23 0.0
London 11 7 12 57.1 -8.3 35 51 -31.4
Bankruptcies 7 4 9 75.0 -22.2 27 42 -35.7
Proposals 4 3 3 33.3 33.3 8 9 -11.1
Windsor – Sarnia 16 17 11 -5.9 45.5 56 49 14.3
Bankruptcies 15 13 10 15.4 50.0 46 38 21.1
Proposals 1 4 1 -75.0 0.0 10 11 -9.1
Stratford – Bruce Peninsula 2 3 2 -33.3 0.0 12 22 -45.5
Bankruptcies 1 2 1 -50.0 0.0 10 20 -50.0
Proposals 1 1 1 0.0 0.0 2 2 0.0
Northeast 10 7 8 42.9 25.0 43 40 7.5
Bankruptcies 8 5 6 60.0 33.3 28 31 -9.7
Proposals 2 2 2 0.0 0.0 15 9 66.7
Northwest 3 1 6 200.0 -50.0 15 22 -31.8
Bankruptcies 2 1 5 100.0 -60.0 11 14 -21.4
Proposals 1 0 1 -- 0.0 4 8 -50.0
Manitoba 16 18 15 -11.1 6.7 68 47 44.7
Bankruptcies 15 13 14 15.4 7.1 56 39 43.6
Proposals 1 5 1 -80.0 0.0 12 8 50.0
Southeast 2 2 1 0.0 100.0 8 4 100.0
Bankruptcies 2 2 1 0.0 100.0 8 4 100.0
Proposals 0 0 0 -- -- 0 0 --
South Central 0 0 1 -- -100.0 6 3 100.0
Bankruptcies 0 0 1 -- -100.0 6 3 100.0
Proposals 0 0 0 -- -- 0 0 --
Southwest 2 3 1 -33.3 100.0 12 6 100.0
Bankruptcies 2 1 1 100.0 100.0 9 2 350.0
Proposals 0 2 0 -100.0 -- 3 4 -25.0
North Central 0 0 0 -- -- 1 2 -50.0
Bankruptcies 0 0 0 -- -- 1 2 -50.0
Proposals 0 0 0 -- -- 0 0 --
Winnipeg 11 11 5 0.0 120.0 29 21 38.1
Bankruptcies 10 8 4 25.0 150.0 24 18 33.3
Proposals 1 3 1 -66.7 0.0 5 3 66.7
Interlake 1 0 0 -- -- 3 2 50.0
Bankruptcies 1 0 0 -- -- 3 2 50.0
Proposals 0 0 0 -- -- 0 0 --
Parklands 0 2 6 -100.0 -100.0 3 9 -66.7
Bankruptcies 0 2 6 -100.0 -100.0 3 8 -62.5
Proposals 0 0 0 -- -- 0 1 -100.0
North 0 0 0 -- -- 1 0 --
Bankruptcies 0 0 0 -- -- 1 0 --
Proposals 0 0 0 -- -- 0 0 --
Saskatchewan 46 23 34 100.0 35.3 127 124 2.4
Bankruptcies 30 11 20 172.7 50.0 78 71 9.9
Proposals 16 12 14 33.3 14.3 49 53 -7.5
Regina – Moose Mountain 15 7 15 114.3 0.0 48 43 11.6
Bankruptcies 6 4 3 50.0 100.0 24 15 60.0
Proposals 9 3 12 200.0 -25.0 24 28 -14.3
Swift Current – Moose Jaw 5 3 4 66.7 25.0 22 20 10.0
Bankruptcies 3 3 3 0.0 0.0 13 11 18.2
Proposals 2 0 1 -- 100.0 9 9 0.0
Saskatoon – Biggar 9 6 6 50.0 50.0 23 19 21.1
Bankruptcies 8 1 6 700.0 33.3 16 16 0.0
Proposals 1 5 0 -80.0 -- 7 3 133.3
Yorkton – Melville 8 4 2 100.0 300.0 23 17 35.3
Bankruptcies 6 1 2 500.0 200.0 17 10 70.0
Proposals 2 3 0 -33.3 -- 6 7 -14.3
Prince Albert 8 2 7 300.0 14.3 13 23 -43.5
Bankruptcies 6 1 6 500.0 0.0 10 18 -44.4
Proposals 2 1 1 100.0 100.0 3 5 -40.0
Northern 0 0 0 -- -- 0 2 -100.0
Bankruptcies 0 0 0 -- -- 0 1 -100.0
Proposals 0 0 0 -- -- 0 1 -100.0
Alberta 34 55 55 -38.2 -38.2 173 279 -38.0
Bankruptcies 24 37 36 -35.1 -33.3 125 202 -38.1
Proposals 10 18 19 -44.4 -47.4 48 77 -37.7
Lethbridge – Medicine Hat 1 0 2 -- -50.0 4 17 -76.5
Bankruptcies 0 0 2 -- -100.0 1 15 -93.3
Proposals 1 0 0 -- -- 3 2 50.0
Camrose – Drumheller 1 2 2 -50.0 -50.0 11 10 10.0
Bankruptcies 1 2 0 -50.0 -- 11 7 57.1
Proposals 0 0 2 -- -100.0 0 3 -100.0
Calgary 20 28 26 -28.6 -23.1 98 117 -16.2
Bankruptcies 14 24 17 -41.7 -17.6 81 88 -8.0
Proposals 6 4 9 50.0 -33.3 17 29 -41.4
Banff – Jasper – Rocky Mountain House 1 0 1 -- 0.0 1 5 -80.0
Bankruptcies 1 0 1 -- 0.0 1 5 -80.0
Proposals 0 0 0 -- -- 0 0 --
Red Deer 5 5 3 0.0 66.7 12 26 -53.8
Bankruptcies 2 2 3 0.0 -33.3 6 17 -64.7
Proposals 3 3 0 0.0 -- 6 9 -33.3
Edmonton 6 18 13 -66.7 -53.8 39 72 -45.8
Bankruptcies 6 6 5 0.0 20.0 20 41 -51.2
Proposals 0 12 8 -100.0 -100.0 19 31 -38.7
Athabasca – Grande Prairie – Peace River 0 2 7 -100.0 -100.0 6 26 -76.9
Bankruptcies 0 2 7 -100.0 -100.0 3 24 -87.5
Proposals 0 0 0 -- -- 3 2 50.0
Wood Buffalo – Cold Lake 0 0 1 -- -100.0 1 4 -75.0
Bankruptcies 0 0 1 -- -100.0 1 3 -66.7
Proposals 0 0 0 -- -- 0 1 -100.0
British Columbia 70 59 76 18.6 -7.9 249 265 -6.0
Bankruptcies 48 43 57 11.6 -15.8 180 193 -6.7
Proposals 22 16 19 37.5 15.8 69 72 -4.2
Vancouver Island and Coast 15 19 20 -21.1 -25.0 60 51 17.6
Bankruptcies 14 13 12 7.7 16.7 42 30 40.0
Proposals 1 6 8 -83.3 -87.5 18 21 -14.3
Lower Mainland – Southwest 43 25 32 72.0 34.4 127 142 -10.6
Bankruptcies 27 19 22 42.1 22.7 91 103 -11.7
Proposals 16 6 10 166.7 60.0 36 39 -7.7
Thompson – Okanagan 6 13 20 -53.8 -70.0 49 60 -18.3
Bankruptcies 5 10 20 -50.0 -75.0 38 50 -24.0
Proposals 1 3 0 -66.7 -- 11 10 10.0
Kootenay 3 1 1 200.0 200.0 10 4 150.0
Bankruptcies 0 1 1 -100.0 -100.0 5 4 25.0
Proposals 3 0 0 -- -- 5 0 --
Cariboo 0 0 1 -- -100.0 1 3 -66.7
Bankruptcies 0 0 0 -- -- 1 1 0.0
Proposals 0 0 1 -- -100.0 0 2 -100.0
North Coast 0 0 0 -- -- 0 2 -100.0
Bankruptcies 0 0 0 -- -- 0 2 -100.0
Proposals 0 0 0 -- -- 0 0 --
Nechako 0 0 0 -- -- 0 0 --
Bankruptcies 0 0 0 -- -- 0 0 --
Proposals 0 0 0 -- -- 0 0 --
Northeast 1 0 1 -- 0.0 3 3 0.0
Bankruptcies 1 0 1 -- 0.0 3 3 0.0
Proposals 0 0 0 -- -- 0 0 --
Northwest Territories 0 0 0 -- -- 0 1 -100.0
Bankruptcies 0 0 0 -- -- 0 0 --
Proposals 0 0 0 -- -- 0 1 -100.0
Yukon 0 0 2 -- -100.0 0 3 -100.0
Bankruptcies 0 0 2 -- -100.0 0 3 -100.0
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 --
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