Insolvency Statistics in Canada—2014 (Table 2)

Table 2: Insolvencies Filed by Consumers
Province Volume 2014
2014 2013 % Change Assets Declared at the Time of Filing ($) Liabilities Declared at the Time of Filing ($)
Newfoundland and Labrador 1,545 1,678 -7.9 117,874,158 174,068,537
Bankruptcies 1,348 1,524 -11.5 86,706,122 140,890,160
Proposals 197 154 27.9 31,168,036 33,178,377
Prince Edward Island 721 617 16.9 49,592,012 79,036,635
Bankruptcies 502 440 14.1 28,446,729 53,303,928
Proposals 219 177 23.7 21,145,283 25,732,707
Nova Scotia 5,227 4,660 12.2 436,638,399 555,012,300
Bankruptcies 3,726 3,295 13.1 242,015,535 368,937,894
Proposals 1,501 1,365 10.0 194,622,864 186,074,406
New Brunswick 4,308 3,955 8.9 364,718,286 534,889,842
Bankruptcies 3,021 2,846 6.1 204,185,916 362,383,707
Proposals 1,287 1,109 16.1 160,532,370 172,506,135
Quebec 41,554 39,947 4.0 3,103,355,965 4,544,884,665
Bankruptcies 24,447 25,221 -3.1 1,116,012,236 2,624,920,908
Proposals 17,107 14,726 16.2 1,987,343,729 1,919,963,757
Ontario 41,108 44,134 -6.9 3,617,710,418 4,952,965,462
Bankruptcies 19,234 21,773 -11.7 960,600,708 2,234,017,695
Proposals 21,874 22,361 -2.2 2,657,109,710 2,718,947,767
Manitoba 1,891 1,852 2.1 155,837,930 209,882,697
Bankruptcies 1,200 1,214 -1.2 75,275,370 134,742,549
Proposals 691 638 8.3 80,562,560 75,140,148
Saskatchewan 1,938 1,690 14.7 255,882,058 271,232,844
Bankruptcies 1,105 1,038 6.5 99,342,347 143,109,678
Proposals 833 652 27.8 156,539,711 128,123,166
Alberta 8,281 8,258 0.3 1,005,142,306 1,334,780,427
Bankruptcies 3,859 4,689 -17.7 321,959,047 604,617,681
Proposals 4,422 3,569 23.9 683,183,259 730,162,746
British Columbia 11,383 11,802 -3.6 1,318,196,621 1,926,281,148
Bankruptcies 6,345 7,130 -11.0 559,706,328 1,135,856,681
Proposals 5,038 4,672 7.8 758,490,293 790,424,467
Northwest Territories 49 51 -3.9 3,656,825 6,726,744
Bankruptcies 26 31 -16.1 1,960,327 3,720,389
Proposals 23 20 15.0 1,696,498 3,006,355
Yukon 39 29 34.5 1,340,742 4,044,761
Bankruptcies 22 20 10.0 535,429 2,430,493
Proposals 17 9 88.9 805,313 1,614,268
Nunavut 6 5 20.0 48,045 461,980
Bankruptcies 4 3 33.3 4,714 289,867
Proposals 2 2 0.0 43,331 172,113
Canada 118,050 118,678 -0.5 10,429,993,765 14,594,268,042
Bankruptcies 64,839 69,224 -6.3 3,696,750,808 7,809,221,630
Proposals 53,211 49,454 7.6 6,733,242,957 6,785,046,412
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