Insolvency Statistics in Canada—Fourth Quarter of 2014

Table 8: Insolvencies Filed by Businesses by Census Metropolitan Area (CMA)
City Prov. Volume % Change 12-Month Period Ending
Q4 2014 Q3 2014 Q4 2013 Q3 2014 to Q4 2014 Q4 2013 to Q4 2014 12-31-2014 12-31-2013 % Change
St. John's N.L. 2 2 2 0.0 0.0 15 6 150.0
Bankruptcies 2 2 2 0.0 0.0 12 5 140.0
Propositions 0 0 0 -- -- 3 1 200.0
Halifax N.S. 7 10 11 -30.0 -36.4 33 53 -37.7
Bankruptcies 7 8 5 -12.5 40.0 26 42 -38.1
Propositions 0 2 6 -100.0 -100.0 7 11 -36.4
Moncton N.B. 4 4 6 0.0 -33.3 15 19 -21.1
Bankruptcies 2 4 5 -50.0 -60.0 12 16 -25.0
Propositions 2 0 1 -- 100.0 3 3 0.0
Saint John N.B. 3 0 5 -- -40.0 10 14 -28.6
Bankruptcies 2 0 3 -- -33.3 7 11 -36.4
Propositions 1 0 2 -- -50.0 3 3 0.0
Saguenay Que. 5 11 3 -54.5 66.7 26 25 4.0
Bankruptcies 5 8 3 -37.5 66.7 16 18 -11.1
Propositions 0 3 0 -100.0 -- 10 7 42.9
Québec Que. 57 41 40 39.0 42.5 202 175 15.4
Bankruptcies 40 28 25 42.9 60.0 147 131 12.2
Propositions 17 13 15 30.8 13.3 55 44 25.0
Sherbrooke Que. 15 10 9 50.0 66.7 39 29 34.5
Bankruptcies 8 7 7 14.3 14.3 27 25 8.0
Propositions 7 3 2 133.3 250.0 12 4 200.0
Trois-Rivières Que. 8 11 9 -27.3 -11.1 33 42 -21.4
Bankruptcies 5 9 6 -44.4 -16.7 25 26 -3.8
Propositions 3 2 3 50.0 0.0 8 16 -50.0
Montréal Que. 352 272 319 29.4 10.3 1,248 1,229 1.5
Bankruptcies 232 205 236 13.2 -1.7 887 905 -2.0
Propositions 120 67 83 79.1 44.6 361 324 11.4
Ottawa – Gatineau Ont./ Que. 39 38 51 2.6 -23.5 178 169 5.3
Bankruptcies 27 29 40 -6.9 -32.5 123 128 -3.9
Propositions 12 9 11 33.3 9.1 55 41 34.1
Kingston Ont. 5 0 1 -- 400.0 8 8 0.0
Bankruptcies 4 0 1 -- 300.0 6 7 -14.3
Propositions 1 0 0 -- -- 2 1 100.0
Peterborough Ont. 1 0 1 -- 0.0 1 5 -80.0
Bankruptcies 1 0 1 -- 0.0 1 5 -80.0
Propositions 0 0 0 -- -- 0 0 --
Oshawa Ont. 7 10 4 -30.0 75.0 29 35 -17.1
Bankruptcies 6 9 4 -33.3 50.0 25 34 -26.5
Propositions 1 1 0 0.0 -- 4 1 300.0
Toronto Ont. 146 114 161 28.1 -9.3 492 619 -20.5
Bankruptcies 111 96 118 15.6 -5.9 368 466 -21.0
Propositions 35 18 43 94.4 -18.6 124 153 -19.0
Hamilton Ont. 17 9 7 88.9 142.9 47 55 -14.5
Bankruptcies 11 9 5 22.2 120.0 37 43 -14.0
Propositions 6 0 2 -- 200.0 10 12 -16.7
St. Catharines – Niagara Ont. 12 6 5 100.0 140.0 36 33 9.1
Bankruptcies 10 6 5 66.7 100.0 28 29 -3.4
Propositions 2 0 0 -- -- 8 4 100.0
Kitchener Ont. 8 11 11 -27.3 -27.3 33 32 3.1
Bankruptcies 7 9 8 -22.2 -12.5 29 25 16.0
Propositions 1 2 3 -50.0 -66.7 4 7 -42.9
Brantford Ont. 3 2 3 50.0 0.0 14 13 7.7
Bankruptcies 3 2 3 50.0 0.0 10 13 -23.1
Propositions 0 0 0 -- -- 4 0 --
Guelph Ont. 0 0 1 -- -100.0 2 7 -71.4
Bankruptcies 0 0 1 -- -100.0 2 7 -71.4
Propositions 0 0 0 -- -- 0 0 --
London Ont. 8 5 5 60.0 60.0 28 22 27.3
Bankruptcies 5 4 2 25.0 150.0 20 15 33.3
Propositions 3 1 3 200.0 0.0 8 7 14.3
Windsor Ont. 8 6 9 33.3 -11.1 28 22 27.3
Bankruptcies 8 5 8 60.0 0.0 26 21 23.8
Propositions 0 1 1 -100.0 -100.0 2 1 100.0
Barrie Ont. 4 8 4 -50.0 0.0 19 19 0.0
Bankruptcies 2 6 4 -66.7 -50.0 14 16 -12.5
Propositions 2 2 0 0.0 -- 5 3 66.7
Greater Sudbury Ont. 5 3 0 66.7 -- 12 7 71.4
Bankruptcies 5 2 0 150.0 -- 8 5 60.0
Propositions 0 1 0 -100.0 -- 4 2 100.0
Thunder Bay Ont. 2 2 1 0.0 100.0 10 10 0.0
Bankruptcies 1 2 1 -50.0 0.0 8 8 0.0
Propositions 1 0 0 -- -- 2 2 0.0
Winnipeg Man. 5 3 10 66.7 -50.0 29 24 20.8
Bankruptcies 4 2 7 100.0 -42.9 25 18 38.9
Propositions 1 1 3 0.0 -66.7 4 6 -33.3
Regina Sask. 4 5 5 -20.0 -20.0 32 32 0.0
Bankruptcies 4 4 3 0.0 33.3 20 14 42.9
Propositions 0 1 2 -100.0 -100.0 12 18 -33.3
Saskatoon Sask. 9 6 5 50.0 80.0 24 17 41.2
Bankruptcies 6 4 1 50.0 500.0 18 11 63.6
Propositions 3 2 4 50.0 -25.0 6 6 0.0
Calgary Alta. 11 16 26 -31.3 -57.7 56 93 -39.8
Bankruptcies 11 9 23 22.2 -52.2 41 74 -44.6
Propositions 0 7 3 -100.0 -100.0 15 19 -21.1
Edmonton Alta. 13 16 14 -18.8 -7.1 41 43 -4.7
Bankruptcies 10 11 5 -9.1 100.0 32 19 68.4
Propositions 3 5 9 -40.0 -66.7 9 24 -62.5
Kelowna B.C. 1 6 6 -83.3 -83.3 10 24 -58.3
Bankruptcies 0 5 6 -100.0 -100.0 7 21 -66.7
Propositions 1 1 0 0.0 -- 3 3 0.0
Abbotsford B.C. 3 0 2 -- 50.0 9 4 125.0
Bankruptcies 2 0 1 -- 100.0 2 3 -33.3
Propositions 1 0 1 -- 0.0 7 1 600.0
Vancouver B.C. 28 38 19 -26.3 47.4 140 103 35.9
Bankruptcies 24 27 15 -11.1 60.0 110 74 48.6
Propositions 4 11 4 -63.6 0.0 30 29 3.4
Victoria B.C. 3 4 7 -25.0 -57.1 23 30 -23.3
Bankruptcies 2 3 4 -33.3 -50.0 18 21 -14.3
Propositions 1 1 3 0.0 -66.7 5 9 -44.4
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