Insolvency Statistics in Canada—Third Quarter of 2014

Table 6: Insolvencies Filed by Businesses by ER
Economic region Volume % Change 12-Month Period Ending
Q3 2014 Q2 2014 Q3 2013 Q2 2014 to Q3 2014 Q3 2013 to Q3 2014 09-30-2014 09-30-2013 % Change
Newfoundland and Labrador 3 6 12 -50.0 -75.0 24 29 -17.2
Bankruptcies 3 5 4 -40.0 -25.0 21 18 16.7
Proposals 0 1 8 -100.0 -100.0 3 11 -72.7
Avalon Peninsula 2 5 5 -60.0 -60.0 15 12 25.0
Bankruptcies 2 4 2 -50.0 0.0 12 7 71.4
Proposals 0 1 3 -100.0 -100.0 3 5 -40.0
South Coast – Burin Peninsula 0 0 4 -- -100.0 0 5 -100.0
Bankruptcies 0 0 0 -- -- 0 1 -100.0
Proposals 0 0 4 -- -100.0 0 4 -100.0
West Coast – Northern Peninsula – Labrador 0 0 2 -- -100.0 1 6 -83.3
Bankruptcies 0 0 2 -- -100.0 1 5 -80.0
Proposals 0 0 0 -- -- 0 1 -100.0
Notre Dame – Central Bonavista Bay 1 1 1 0.0 0.0 8 6 33.3
Bankruptcies 1 1 0 0.0 -- 8 5 60.0
Proposals 0 0 1 -- -100.0 0 1 -100.0
Prince Edward Island 5 6 8 -16.7 -37.5 20 18 11.1
Bankruptcies 3 5 6 -40.0 -50.0 14 14 0.0
Proposals 2 1 2 100.0 0.0 6 4 50.0
Nova Scotia 19 23 27 -17.4 -29.6 86 118 -27.1
Bankruptcies 13 17 22 -23.5 -40.9 56 93 -39.8
Proposals 6 6 5 0.0 20.0 30 25 20.0
Cape Breton 4 4 0 0.0 -- 12 8 50.0
Bankruptcies 1 4 0 -75.0 -- 8 5 60.0
Proposals 3 0 0 -- -- 4 3 33.3
North Shore 1 2 3 -50.0 -66.7 6 18 -66.7
Bankruptcies 1 1 3 0.0 -66.7 5 16 -68.8
Proposals 0 1 0 -100.0 -- 1 2 -50.0
Annapolis Valley 1 4 3 -75.0 -66.7 14 14 0.0
Bankruptcies 1 1 0 0.0 -- 9 6 50.0
Proposals 0 3 3 -100.0 -100.0 5 8 -37.5
Southern 2 5 5 -60.0 -60.0 13 16 -18.8
Bankruptcies 1 4 3 -75.0 -66.7 7 11 -36.4
Proposals 1 1 2 0.0 -50.0 6 5 20.0
Halifax 11 8 15 37.5 -26.7 40 62 -35.5
Bankruptcies 9 7 15 28.6 -40.0 26 55 -52.7
Proposals 2 1 0 100.0 -- 14 7 100.0
New Brunswick 14 21 18 -33.3 -22.2 88 72 22.2
Bankruptcies 12 16 13 -25.0 -7.7 71 56 26.8
Proposals 2 5 5 -60.0 -60.0 17 16 6.3
Campbellton –Miramichi 3 8 0 -62.5 -- 14 18 -22.2
Bankruptcies 3 7 0 -57.1 -- 13 14 -7.1
Proposals 0 1 0 -100.0 -- 1 4 -75.0
Moncton – Richibucto 6 3 11 100.0 -45.5 25 25 0.0
Bankruptcies 5 2 9 150.0 -44.4 22 22 0.0
Proposals 1 1 2 0.0 -50.0 3 3 0.0
Saint John –St. Stephen 1 2 5 -50.0 -80.0 20 17 17.6
Bankruptcies 1 1 4 0.0 -75.0 16 13 23.1
Proposals 0 1 1 -100.0 -100.0 4 4 0.0
Fredericton – Oromocto 4 2 0 100.0 -- 14 0 --
Bankruptcies 3 2 0 50.0 -- 10 0 --
Proposals 1 0 0 -- -- 4 0 --
Edmundston – Woodstock 0 5 2 -100.0 -100.0 13 12 8.3
Bankruptcies 0 4 0 -100.0 -- 9 7 28.6
Proposals 0 1 2 -100.0 -100.0 4 5 -20.0
Quebec 516 601 507 -14.1 1.8 2,246 2,104 6.7
Bankruptcies 385 437 382 -11.9 0.8 1,665 1,538 8.3
Proposals 131 164 125 -20.1 4.8 581 566 2.7
Gaspésie – Îles-de-la-Madeleine 2 3 3 -33.3 -33.3 19 20 -5.0
Bankruptcies 1 2 3 -50.0 -66.7 16 18 -11.1
Proposals 1 1 0 0.0 -- 3 2 50.0
Bas-Saint-Laurent 15 16 6 -6.3 150.0 56 33 69.7
Bankruptcies 13 12 5 8.3 160.0 44 26 69.2
Proposals 2 4 1 -50.0 100.0 12 7 71.4
Capitale-Nationale 43 49 39 -12.2 10.3 181 157 15.3
Bankruptcies 29 36 35 -19.4 -17.1 129 121 6.6
Proposals 14 13 4 7.7 250.0 52 36 44.4
Chaudière – Appalaches 17 31 26 -45.2 -34.6 103 94 9.6
Bankruptcies 15 23 17 -34.8 -11.8 82 62 32.3
Proposals 2 8 9 -75.0 -77.8 21 32 -34.4
Estrie 18 14 10 28.6 80.0 56 51 9.8
Bankruptcies 14 12 9 16.7 55.6 47 39 20.5
Proposals 4 2 1 100.0 300.0 9 12 -25.0
Centre-du-Québec 11 22 13 -50.0 -15.4 62 54 14.8
Bankruptcies 9 19 10 -52.6 -10.0 51 35 45.7
Proposals 2 3 3 -33.3 -33.3 11 19 -42.1
Montérégie 75 108 137 -30.6 -45.3 365 419 -12.9
Bankruptcies 58 89 104 -34.8 -44.2 282 316 -10.8
Proposals 17 19 33 -10.5 -48.5 83 103 -19.4
Montréal 153 161 160 -5.0 -4.4 698 644 8.4
Bankruptcies 113 112 122 0.9 -7.4 510 471 8.3
Proposals 40 49 38 -18.4 5.3 188 173 8.7
Laval 42 42 19 0.0 121.1 147 127 15.7
Bankruptcies 30 29 10 3.4 200.0 105 90 16.7
Proposals 12 13 9 -7.7 33.3 42 37 13.5
Lanaudière 23 35 22 -34.3 4.5 117 102 14.7
Bankruptcies 18 27 14 -33.3 28.6 81 72 12.5
Proposals 5 8 8 -37.5 -37.5 36 30 20.0
Laurentides 43 69 40 -37.7 7.5 184 190 -3.2
Bankruptcies 34 46 24 -26.1 41.7 137 134 2.2
Proposals 9 23 16 -60.9 -43.8 47 56 -16.1
Outaouais 28 21 7 33.3 300.0 102 67 52.2
Bankruptcies 17 9 6 88.9 183.3 66 50 32.0
Proposals 11 12 1 -8.3 1,000.0 36 17 111.8
Abitibi – Témiscamingue 10 3 1 233.3 900.0 30 25 20.0
Bankruptcies 8 3 1 166.7 700.0 25 17 47.1
Proposals 2 0 0 -- -- 5 8 -37.5
Mauricie 12 13 11 -7.7 9.1 52 53 -1.9
Bankruptcies 9 12 10 -25.0 -10.0 42 36 16.7
Proposals 3 1 1 200.0 200.0 10 17 -41.2
Saguenay – Lac-Saint-Jean 14 8 11 75.0 27.3 43 47 -8.5
Bankruptcies 11 3 8 266.7 37.5 30 35 -14.3
Proposals 3 5 3 -40.0 0.0 13 12 8.3
Côte-Nord 6 3 2 100.0 200.0 23 14 64.3
Bankruptcies 4 2 2 100.0 100.0 14 10 40.0
Proposals 2 1 0 100.0 -- 9 4 125.0
Nord-du-Québec 2 0 1 -- 100.0 4 4 0.0
Bankruptcies 1 0 1 -- 0.0 3 4 -25.0
Proposals 1 0 0 -- -- 1 0 --
Ontario 252 271 277 -7.0 -9.0 1,099 1,241 -11.4
Bankruptcies 214 203 230 5.4 -7.0 847 976 -13.2
Proposals 38 68 47 -44.1 -19.1 252 265 -4.9
Ottawa 22 44 41 -50.0 -46.3 144 136 5.9
Bankruptcies 19 30 36 -36.7 -47.2 105 109 -3.7
Proposals 3 14 5 -78.6 -40.0 39 27 44.4
Kingston – Pembroke 6 8 9 -25.0 -33.3 29 26 11.5
Bankruptcies 5 8 6 -37.5 -16.7 24 17 41.2
Proposals 1 0 3 -- -66.7 5 9 -44.4
Muskoka – Kawarthas 0 3 3 -100.0 -100.0 12 24 -50.0
Bankruptcies 0 2 3 -100.0 -100.0 11 22 -50.0
Proposals 0 1 0 -100.0 -- 1 2 -50.0
Toronto 128 122 133 4.9 -3.8 553 667 -17.1
Bankruptcies 110 89 117 23.6 -6.0 417 518 -19.5
Proposals 18 33 16 -45.5 12.5 136 149 -8.7
Kitchener – Waterloo – Barrie 30 21 23 42.9 30.4 99 92 7.6
Bankruptcies 22 18 17 22.2 29.4 79 71 11.3
Proposals 8 3 6 166.7 33.3 20 21 -4.8
Hamilton – Niagara Peninsula 21 26 23 -19.2 -8.7 94 127 -26.0
Bankruptcies 20 17 17 17.6 17.6 75 105 -28.6
Proposals 1 9 6 -88.9 -83.3 19 22 -13.6
London 8 10 9 -20.0 -11.1 36 39 -7.7
Bankruptcies 6 9 9 -33.3 -33.3 26 34 -23.5
Proposals 2 1 0 100.0 -- 10 5 100.0
Windsor – Sarnia 7 13 13 -46.2 -46.2 52 49 6.1
Bankruptcies 6 13 11 -53.8 -45.5 46 40 15.0
Proposals 1 0 2 -- -50.0 6 9 -33.3
Stratford – Bruce Peninsula 8 7 3 14.3 166.7 21 14 50.0
Bankruptcies 7 4 3 75.0 133.3 15 13 15.4
Proposals 1 3 0 -66.7 -- 6 1 500.0
Northeast 18 10 15 80.0 20.0 45 47 -4.3
Bankruptcies 16 9 9 77.8 77.8 38 31 22.6
Proposals 2 1 6 100.0 -66.7 7 16 -56.3
Northwest 3 6 5 -50.0 -40.0 14 20 -30.0
Bankruptcies 3 4 3 -25.0 0.0 11 16 -31.3
Proposals 0 2 2 -100.0 -100.0 3 4 -25.0
Manitoba 9 19 22 -52.6 -59.1 62 64 -3.1
Bankruptcies 5 17 18 -70.6 -72.2 50 54 -7.4
Proposals 4 2 4 100.0 0.0 12 10 20.0
Southeast 3 0 4 -- -25.0 7 5 40.0
Bankruptcies 3 0 4 -- -25.0 7 5 40.0
Proposals 0 0 0 -- -- 0 0 --
South Central 0 1 5 -100.0 -100.0 1 9 -88.9
Bankruptcies 0 1 5 -100.0 -100.0 1 9 -88.9
Proposals 0 0 0 -- -- 0 0 --
Southwest 2 6 4 -66.7 -50.0 13 11 18.2
Bankruptcies 1 6 4 -83.3 -75.0 10 8 25.0
Proposals 1 0 0 -- -- 3 3 0.0
North Central 0 0 1 -- -100.0 0 3 -100.0
Bankruptcies 0 0 1 -- -100.0 0 3 -100.0
Proposals 0 0 0 -- -- 0 0 --
Winnipeg 2 8 3 -75.0 -33.3 32 19 68.4
Bankruptcies 1 7 3 -85.7 -66.7 26 16 62.5
Proposals 1 1 0 0.0 -- 6 3 100.0
Interlake 0 2 0 -100.0 -- 3 3 0.0
Bankruptcies 0 2 0 -100.0 -- 3 3 0.0
Proposals 0 0 0 -- -- 0 0 --
Parklands 0 0 0 -- -- 2 7 -71.4
Bankruptcies 0 0 0 -- -- 2 7 -71.4
Proposals 0 0 0 -- -- 0 0 --
North 2 1 1 100.0 100.0 3 1 200.0
Bankruptcies 0 0 1 -- -100.0 0 1 -100.0
Proposals 2 1 0 100.0 -- 3 0 --
Saskatchewan 23 35 26 -34.3 -11.5 127 113 12.4
Bankruptcies 12 20 16 -40.0 -25.0 73 68 7.4
Proposals 11 15 10 -26.7 10.0 54 45 20.0
Regina – Moose Mountain 5 18 12 -72.2 -58.3 46 49 -6.1
Bankruptcies 4 10 8 -60.0 -50.0 25 22 13.6
Proposals 1 8 4 -87.5 -75.0 21 27 -22.2
Swift Current – Moose Jaw 1 6 10 -83.3 -90.0 16 21 -23.8
Bankruptcies 0 3 4 -100.0 -100.0 10 10 0.0
Proposals 1 3 6 -66.7 -83.3 6 11 -45.5
Saskatoon – Biggar 8 4 2 100.0 300.0 27 17 58.8
Bankruptcies 4 3 2 33.3 100.0 16 15 6.7
Proposals 4 1 0 300.0 -- 11 2 450.0
Yorkton – Melville 2 3 2 -33.3 0.0 18 13 38.5
Bankruptcies 1 3 2 -66.7 -50.0 12 12 0.0
Proposals 1 0 0 -- -- 6 1 500.0
Prince Albert 5 3 0 66.7 -- 19 12 58.3
Bankruptcies 2 0 0 -- -- 10 9 11.1
Proposals 3 3 0 0.0 -- 9 3 200.0
Northern 0 0 0 -- -- 0 1 -100.0
Bankruptcies 0 0 0 -- -- 0 0 --
Proposals 0 0 0 -- -- 0 1 -100.0
Alberta 37 31 38 19.4 -2.6 157 215 -27.0
Bankruptcies 23 25 29 -8.0 -20.7 109 149 -26.8
Proposals 14 6 9 133.3 55.6 48 66 -27.3
Lethbridge – Medicine Hat 0 3 0 -100.0 -- 4 10 -60.0
Bankruptcies 0 3 0 -100.0 -- 3 7 -57.1
Proposals 0 0 0 -- -- 1 3 -66.7
Camrose – Drumheller 1 3 4 -66.7 -75.0 7 13 -46.2
Bankruptcies 0 3 4 -100.0 -100.0 6 10 -40.0
Proposals 1 0 0 -- -- 1 3 -66.7
Calgary 19 12 25 58.3 -24.0 78 115 -32.2
Bankruptcies 11 10 19 10.0 -42.1 59 87 -32.2
Proposals 8 2 6 300.0 33.3 19 28 -32.1
Banff – Jasper – Rocky Mountain House 0 0 0 -- -- 1 2 -50.0
Bankruptcies 0 0 0 -- -- 1 2 -50.0
Proposals 0 0 0 -- -- 0 0 --
Red Deer 1 3 1 -66.7 0.0 14 14 0.0
Bankruptcies 1 1 1 0.0 0.0 6 12 -50.0
Proposals 0 2 0 -100.0 -- 8 2 300.0
Edmonton 16 7 3 128.6 433.3 47 43 9.3
Bankruptcies 11 6 3 83.3 266.7 29 18 61.1
Proposals 5 1 0 400.0 -- 18 25 -28.0
Athabasca – Grande Prairie – Peace River 0 1 3 -100.0 -100.0 3 12 -75.0
Bankruptcies 0 0 0 -- -- 2 9 -77.8
Proposals 0 1 3 -100.0 -100.0 1 3 -66.7
Wood Buffalo – Cold Lake 0 1 1 -100.0 -100.0 1 5 -80.0
Bankruptcies 0 1 1 -100.0 -100.0 1 4 -75.0
Proposals 0 0 0 -- -- 0 1 -100.0
British Columbia 65 71 51 -8.5 27.5 265 262 1.1
Bankruptcies 52 60 37 -13.3 40.5 203 188 8.0
Proposals 13 11 14 18.2 -7.1 62 74 -16.2
Vancouver Island and Coast 12 10 15 20.0 -20.0 57 62 -8.1
Bankruptcies 11 8 8 37.5 37.5 46 35 31.4
Proposals 1 2 7 -50.0 -85.7 11 27 -59.3
Lower Mainland – Southwest 41 47 21 -12.8 95.2 157 133 18.0
Bankruptcies 30 40 19 -25.0 57.9 116 98 18.4
Proposals 11 7 2 57.1 450.0 41 35 17.1
Thompson – Okanagan 11 10 10 10.0 10.0 41 53 -22.6
Bankruptcies 10 8 5 25.0 100.0 34 45 -24.4
Proposals 1 2 5 -50.0 -80.0 7 8 -12.5
Kootenay 0 3 3 -100.0 -100.0 7 6 16.7
Bankruptcies 0 3 3 -100.0 -100.0 4 5 -20.0
Proposals 0 0 0 -- -- 3 1 200.0
Cariboo 1 0 1 -- 0.0 1 3 -66.7
Bankruptcies 1 0 1 -- 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 0 1 -- -100.0 1 3 -66.7
Bankruptcies 0 0 1 -- -100.0 1 3 -66.7
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 0 --
Bankruptcies 0 0 0 -- -- 0 0 --
Proposals 0 0 0 -- -- 0 0 --
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