Insolvency Statistics in Canada—Second Quarter of 2014

Table 6: Insolvencies Filed by Businesses by ER
Province or Region Volume % Change 12-Month Period Ending
Q2 2014 Q1 2014 Q2 2013 Q1 2014 to Q2 2014 Q2 2013 to Q2 2014 06-30-2014 06-30-2013 % Change
Newfoundland and Labrador 6 9 8 -33.3 -25.0 33 25 32.0
Bankruptcies 5 7 7 -28.6 -28.6 22 18 22.2
Proposals 1 2 1 -50.0 0.0 11 7 57.1
Avalon Peninsula 5 6 0 -16.7 -- 18 12 50.0
Bankruptcies 4 4 0 0.0 -- 12 6 100.0
Proposals 1 2 0 -50.0 -- 6 6 0.0
South Coast – Burin Peninsula 0 0 1 -- -100.0 4 1 300.0
Bankruptcies 0 0 1 -- -100.0 0 1 -100.0
Proposals 0 0 0 -- -- 4 0 --
West Coast – Northern Peninsula – Labrador 0 0 3 -- -100.0 3 5 -40.0
Bankruptcies 0 0 2 -- -100.0 3 4 -25.0
Proposals 0 0 1 -- -100.0 0 1 -100.0
Notre Dame – Central Bonavista Bay 1 3 4 -66.7 -75.0 8 7 14.3
Bankruptcies 1 3 4 -66.7 -75.0 7 7 0.0
Proposals 0 0 0 -- -- 1 0 --
Prince Edward Island 6 3 3 100.0 100.0 23 13 76.9
Bankruptcies 5 1 1 400.0 400.0 17 11 54.5
Proposals 1 2 2 -50.0 -50.0 6 2 200.0
Nova Scotia 23 17 28 35.3 -17.9 94 113 -16.8
Bankruptcies 17 8 21 112.5 -19.0 65 87 -25.3
Proposals 6 9 7 -33.3 -14.3 29 26 11.5
Cape Breton 4 3 1 33.3 300.0 8 11 -27.3
Bankruptcies 4 2 1 100.0 300.0 7 7 0.0
Proposals 0 1 0 -100.0 -- 1 4 -75.0
North Shore 2 1 3 100.0 -33.3 9 18 -50.0
Bankruptcies 1 1 2 0.0 -50.0 8 16 -50.0
Proposals 1 0 1 -- 0.0 1 2 -50.0
Annapolis Valley 4 2 8 100.0 -50.0 16 16 0.0
Bankruptcies 1 0 3 -- -66.7 8 8 0.0
Proposals 3 2 5 50.0 -40.0 8 8 0.0
Southern 5 3 3 66.7 66.7 17 13 30.8
Bankruptcies 4 1 3 300.0 33.3 10 10 0.0
Proposals 1 2 0 -50.0 -- 7 3 133.3
Halifax 8 8 13 0.0 -38.5 44 55 -20.0
Bankruptcies 7 4 12 75.0 -41.7 32 46 -30.4
Proposals 1 4 1 -75.0 0.0 12 9 33.3
New Brunswick 21 26 22 -19.2 -4.5 92 71 29.6
Bankruptcies 16 20 17 -20.0 -5.9 72 52 38.5
Proposals 5 6 5 -16.7 0.0 20 19 5.3
Campbellton – Miramichi 8 2 9 300.0 -11.1 11 22 -50.0
Bankruptcies 7 2 6 250.0 16.7 10 16 -37.5
Proposals 1 0 3 -- -66.7 1 6 -83.3
Moncton – Richibucto 3 8 6 -62.5 -50.0 30 20 50.0
Bankruptcies 2 8 6 -75.0 -66.7 26 17 52.9
Proposals 1 0 0 -- -- 4 3 33.3
Saint John – St. Stephen 2 7 3 -71.4 -33.3 24 15 60.0
Bankruptcies 1 6 2 -83.3 -50.0 19 10 90.0
Proposals 1 1 1 0.0 0.0 5 5 0.0
Fredericton – Oromocto 2 5 0 -60.0 -- 10 2 400.0
Bankruptcies 2 3 0 -33.3 -- 7 1 600.0
Proposals 0 2 0 -100.0 -- 3 1 200.0
Edmundston – Woodstock 5 4 4 25.0 25.0 15 12 25.0
Bankruptcies 4 1 3 300.0 33.3 9 8 12.5
Proposals 1 3 1 -66.7 0.0 6 4 50.0
Quebec 601 565 564 6.4 6.6 2,237 2,076 7.8
Bankruptcies 437 429 398 1.9 9.8 1,662 1,517 9.6
Proposals 164 136 166 20.6 -1.2 575 559 2.9
Gaspésie – Îles-de-la-Madeleine 3 11 6 -72.7 -50.0 20 18 11.1
Bankruptcies 2 10 5 -80.0 -60.0 18 16 12.5
Proposals 1 1 1 0.0 0.0 2 2 0.0
Bas-Saint-Laurent 16 13 7 23.1 128.6 48 36 33.3
Bankruptcies 12 12 5 0.0 140.0 36 27 33.3
Proposals 4 1 2 300.0 100.0 12 9 33.3
Capitale-Nationale 49 51 42 -3.9 16.7 177 150 18.0
Bankruptcies 36 42 31 -14.3 16.1 135 111 21.6
Proposals 13 9 11 44.4 18.2 42 39 7.7
Chaudière – Appalaches 31 26 19 19.2 63.2 112 96 16.7
Bankruptcies 23 20 15 15.0 53.3 85 68 25.0
Proposals 8 6 4 33.3 100.0 27 28 -3.6
Estrie 14 11 16 27.3 -12.5 49 53 -7.5
Bankruptcies 12 11 14 9.1 -14.3 43 39 10.3
Proposals 2 0 2 -- 0.0 6 14 -57.1
Centre-du-Québec 22 15 15 46.7 46.7 64 55 16.4
Bankruptcies 19 12 8 58.3 137.5 52 36 44.4
Proposals 3 3 7 0.0 -57.1 12 19 -36.8
Montérégie 108 85 119 27.1 -9.2 426 353 20.7
Bankruptcies 89 58 87 53.4 2.3 327 265 23.4
Proposals 19 27 32 -29.6 -40.6 99 88 12.5
Montréal 161 193 162 -16.6 -0.6 706 641 10.1
Bankruptcies 112 144 107 -22.2 4.7 520 468 11.1
Proposals 49 49 55 0.0 -10.9 186 173 7.5
Laval 42 39 33 7.7 27.3 124 154 -19.5
Bankruptcies 29 31 23 -6.5 26.1 85 115 -26.1
Proposals 13 8 10 62.5 30.0 39 39 0.0
Lanaudière 35 23 29 52.2 20.7 116 106 9.4
Bankruptcies 27 13 23 107.7 17.4 77 79 -2.5
Proposals 8 10 6 -20.0 33.3 39 27 44.4
Laurentides 69 33 61 109.1 13.1 181 179 1.1
Bankruptcies 46 30 47 53.3 -2.1 127 126 0.8
Proposals 23 3 14 666.7 64.3 54 53 1.9
Outaouais 21 26 18 -19.2 16.7 82 82 0.0
Bankruptcies 9 21 11 -57.1 -18.2 55 59 -6.8
Proposals 12 5 7 140.0 71.4 27 23 17.4
Abitibi – Témiscamingue 3 5 12 -40.0 -75.0 21 35 -40.0
Bankruptcies 3 4 7 -25.0 -57.1 18 25 -28.0
Proposals 0 1 5 -100.0 -100.0 3 10 -70.0
Mauricie 13 11 9 18.2 44.4 52 55 -5.5
Bankruptcies 12 8 5 50.0 140.0 43 34 26.5
Proposals 1 3 4 -66.7 -75.0 9 21 -57.1
Saguenay – Lac-Saint-Jean 8 12 8 -33.3 0.0 39 42 -7.1
Bankruptcies 3 8 5 -62.5 -40.0 27 32 -15.6
Proposals 5 4 3 25.0 66.7 12 10 20.0
Côte-Nord 3 7 4 -57.1 -25.0 19 14 35.7
Bankruptcies 2 4 2 -50.0 0.0 12 10 20.0
Proposals 1 3 2 -66.7 -50.0 7 4 75.0
Nord-du-Québec 0 1 2 -100.0 -100.0 3 8 -62.5
Bankruptcies 0 1 2 -100.0 -100.0 3 8 -62.5
Proposals 0 0 0 -- -- 0 0 --
Ontario 271 274 339 -1.1 -20.1 1,124 1,276 -11.9
Bankruptcies 203 193 255 5.2 -20.4 863 986 -12.5
Proposals 68 81 84 -16.0 -19.0 261 290 -10.0
Ottawa 44 40 31 10.0 41.9 163 132 23.5
Bankruptcies 30 24 23 25.0 30.4 123 104 18.3
Proposals 14 16 8 -12.5 75.0 40 28 42.9
Kingston – Pembroke 8 7 3 14.3 166.7 32 20 60.0
Bankruptcies 8 6 0 33.3 -- 25 14 78.6
Proposals 0 1 3 -100.0 -100.0 7 6 16.7
Muskoka – Kawarthas 3 2 4 50.0 -25.0 15 27 -44.4
Bankruptcies 2 2 4 0.0 -50.0 14 23 -39.1
Proposals 1 0 0 -- -- 1 4 -75.0
Toronto 122 135 193 -9.6 -36.8 558 692 -19.4
Bankruptcies 89 92 140 -3.3 -36.4 425 512 -17.0
Proposals 33 43 53 -23.3 -37.7 133 180 -26.1
Kitchener – Waterloo – Barrie 21 19 26 10.5 -19.2 93 103 -9.7
Bankruptcies 18 14 23 28.6 -21.7 74 85 -12.9
Proposals 3 5 3 -40.0 0.0 19 18 5.6
Hamilton – Niagara Peninsula 26 29 44 -10.3 -40.9 95 125 -24.0
Bankruptcies 17 22 37 -22.7 -54.1 71 105 -32.4
Proposals 9 7 7 28.6 28.6 24 20 20.0
London 10 11 7 -9.1 42.9 37 49 -24.5
Bankruptcies 9 7 6 28.6 50.0 29 41 -29.3
Proposals 1 4 1 -75.0 0.0 8 8 0.0
Windsor – Sarnia 13 16 11 -18.8 18.2 57 46 23.9
Bankruptcies 13 15 8 -13.3 62.5 51 37 37.8
Proposals 0 1 3 -100.0 -100.0 6 9 -33.3
Stratford – Bruce Peninsula 7 2 4 250.0 75.0 15 20 -25.0
Bankruptcies 4 1 4 300.0 0.0 10 18 -44.4
Proposals 3 1 0 200.0 -- 5 2 150.0
Northeast 10 10 9 0.0 11.1 43 39 10.3
Bankruptcies 9 8 5 12.5 80.0 31 28 10.7
Proposals 1 2 4 -50.0 -75.0 12 11 9.1
Northwest 6 3 6 100.0 0.0 15 21 -28.6
Bankruptcies 4 2 5 100.0 -20.0 10 18 -44.4
Proposals 2 1 1 100.0 100.0 5 3 66.7
Manitoba 19 16 12 18.8 58.3 75 50 50.0
Bankruptcies 17 15 10 13.3 70.0 63 44 43.2
Proposals 2 1 2 100.0 0.0 12 6 100.0
Southeast 0 2 0 -100.0 -- 8 1 700.0
Bankruptcies 0 2 0 -100.0 -- 8 1 700.0
Proposals 0 0 0 -- -- 0 0 --
South Central 1 0 1 -- 0.0 6 4 50.0
Bankruptcies 1 0 1 -- 0.0 6 4 50.0
Proposals 0 0 0 -- -- 0 0 --
Southwest 6 2 3 200.0 100.0 15 7 114.3
Bankruptcies 6 2 2 200.0 200.0 13 4 225.0
Proposals 0 0 1 -- -100.0 2 3 -33.3
North Central 0 0 0 -- -- 1 2 -50.0
Bankruptcies 0 0 0 -- -- 1 2 -50.0
Proposals 0 0 0 -- -- 0 0 --
Winnipeg 8 11 5 -27.3 60.0 33 23 43.5
Bankruptcies 7 10 4 -30.0 75.0 28 20 40.0
Proposals 1 1 1 0.0 0.0 5 3 66.7
Interlake 2 1 2 100.0 0.0 3 4 -25.0
Bankruptcies 2 1 2 100.0 0.0 3 4 -25.0
Proposals 0 0 0 -- -- 0 0 --
Parklands 0 0 1 -- -100.0 2 7 -71.4
Bankruptcies 0 0 1 -- -100.0 2 7 -71.4
Proposals 0 0 0 -- -- 0 0 --
North 1 0 0 -- -- 2 0 --
Bankruptcies 0 0 0 -- -- 1 0 --
Proposals 1 0 0 -- -- 1 0 --
Saskatchewan 35 46 32 -23.9 9.4 130 120 8.3
Bankruptcies 20 30 21 -33.3 -4.8 77 68 13.2
Proposals 15 16 11 -6.3 36.4 53 52 1.9
Regina – Moose Mountain 18 15 13 20.0 38.5 53 44 20.5
Bankruptcies 10 6 5 66.7 100.0 29 14 107.1
Proposals 8 9 8 -11.1 0.0 24 30 -20.0
Swift Current – Moose Jaw 6 5 3 20.0 100.0 25 19 31.6
Bankruptcies 3 3 2 0.0 50.0 14 11 27.3
Proposals 3 2 1 50.0 200.0 11 8 37.5
Saskatoon – Biggar 4 9 6 -55.6 -33.3 21 21 0.0
Bankruptcies 3 8 5 -62.5 -40.0 14 18 -22.2
Proposals 1 1 1 0.0 0.0 7 3 133.3
Yorkton – Melville 3 8 8 -62.5 -62.5 18 18 0.0
Bankruptcies 3 6 7 -50.0 -57.1 13 12 8.3
Proposals 0 2 1 -100.0 -100.0 5 6 -16.7
Prince Albert 3 8 2 -62.5 50.0 14 17 -17.6
Bankruptcies 0 6 2 -100.0 -100.0 8 13 -38.5
Proposals 3 2 0 50.0 -- 6 4 50.0
Northern 0 0 0 -- -- 0 1 -100.0
Bankruptcies 0 0 0 -- -- 0 0 --
Proposals 0 0 0 -- -- 0 1 -100.0
Alberta 31 34 46 -8.8 -32.6 158 234 -32.5
Bankruptcies 25 24 35 4.2 -28.6 115 167 -31.1
Proposals 6 10 11 -40.0 -45.5 43 67 -35.8
Lethbridge – Medicine Hat 3 1 3 200.0 0.0 4 16 -75.0
Bankruptcies 3 0 1 -- 200.0 3 12 -75.0
Proposals 0 1 2 -100.0 -100.0 1 4 -75.0
Camrose – Drumheller 3 1 4 200.0 -25.0 11 11 0.0
Bankruptcies 3 1 4 200.0 -25.0 11 8 37.5
Proposals 0 0 0 -- -- 0 3 -100.0
Calgary 12 20 27 -40.0 -55.6 84 112 -25.0
Bankruptcies 10 14 25 -28.6 -60.0 67 85 -21.2
Proposals 2 6 2 -66.7 0.0 17 27 -37.0
Banff – Jasper – Rocky Mountain House 0 1 0 -100.0 -- 1 2 -50.0
Bankruptcies 0 1 0 -100.0 -- 1 2 -50.0
Proposals 0 0 0 -- -- 0 0 --
Red Deer 3 5 0 -40.0 -- 15 18 -16.7
Bankruptcies 1 2 0 -50.0 -- 7 15 -53.3
Proposals 2 3 0 -33.3 -- 8 3 166.7
Edmonton 7 6 12 16.7 -41.7 34 57 -40.4
Bankruptcies 6 6 5 0.0 20.0 21 29 -27.6
Proposals 1 0 7 -- -85.7 13 28 -53.6
Athabasca – Grande Prairie – Peace River 1 0 1 -- 0.0 6 14 -57.1
Bankruptcies 0 0 1 -- -100.0 2 14 -85.7
Proposals 1 0 0 -- -- 4 0 --
Wood Buffalo – Cold Lake 1 0 0 -- -- 2 3 -33.3
Bankruptcies 1 0 0 -- -- 2 2 0.0
Proposals 0 0 0 -- -- 0 1 -100.0
British Columbia 71 70 69 1.4 2.9 251 280 -10.4
Bankruptcies 60 48 52 25.0 15.4 188 200 -6.0
Proposals 11 22 17 -50.0 -35.3 63 80 -21.3
Vancouver Island and Coast 10 15 10 -33.3 0.0 60 54 11.1
Bankruptcies 8 14 7 -42.9 14.3 43 32 34.4
Proposals 2 1 3 100.0 -33.3 17 22 -22.7
Lower Mainland – Southwest 47 43 39 9.3 20.5 136 157 -13.4
Bankruptcies 40 27 27 48.1 48.1 105 110 -4.5
Proposals 7 16 12 -56.3 -41.7 31 47 -34.0
Thompson – Okanagan 10 6 17 66.7 -41.2 42 59 -28.8
Bankruptcies 8 5 16 60.0 -50.0 30 51 -41.2
Proposals 2 1 1 100.0 100.0 12 8 50.0
Kootenay 3 3 2 0.0 50.0 10 5 100.0
Bankruptcies 3 0 1 -- 200.0 7 4 75.0
Proposals 0 3 1 -100.0 -100.0 3 1 200.0
Cariboo 0 0 0 -- -- 1 3 -66.7
Bankruptcies 0 0 0 -- -- 1 1 0.0
Proposals 0 0 0 -- -- 0 2 -100.0
North Coast 0 0 0 -- -- 0 0 --
Bankruptcies 0 0 0 -- -- 0 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 0 1 1 -100.0 -100.0 2 2 0.0
Bankruptcies 0 1 1 -100.0 -100.0 2 2 0.0
Proposals 0 0 0 -- -- 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 2 -100.0
Bankruptcies 0 0 0 -- -- 0 2 -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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