Insolvency Statistics in Canada—First Quarter of 2015

Table 6: Insolvencies Filed by Businesses by Economic Region (ER)
Economic region Volume % Change 12-Month Period Ending
Q1 2015 Q4 2014 Q1 2014 Q4 2014 to Q1 2015 Q1 2014 to Q1 2015 03-31-2015 03-31-2014 % Change
Newfoundland and Labrador 6 12 9 -50.0 -33.3 27 35 -22.9
Bankruptcies 4 12 7 -66.7 -42.9 24 24 0.0
Proposals 2 0 2 -- 0.0 3 11 -72.7
Avalon Peninsula 2 7 6 -71.4 -66.7 16 13 23.1
Bankruptcies 2 7 4 -71.4 -50.0 15 8 87.5
Proposals 0 0 2 -- -100.0 1 5 -80.0
South Coast – Burin Peninsula 0 0 0 -- -- 0 5 -100.0
Bankruptcies 0 0 0 -- -- 0 1 -100.0
Proposals 0 0 0 -- -- 0 4 -100.0
West Coast – Northern Peninsula – Labrador 3 0 0 -- -- 3 6 -50.0
Bankruptcies 1 0 0 -- -- 1 5 -80.0
Proposals 2 0 0 -- -- 2 1 100.0
Notre Dame – Central Bonavista Bay 1 5 3 -80.0 -66.7 8 11 -27.3
Bankruptcies 1 5 3 -80.0 -66.7 8 10 -20.0
Proposals 0 0 0 -- -- 0 1 -100.0
Prince Edward Island 4 4 3 0.0 33.3 19 20 -5.0
Bankruptcies 2 4 1 -50.0 100.0 14 13 7.7
Proposals 2 0 2 -- 0.0 5 7 -28.6
Nova Scotia 19 18 17 5.6 11.8 79 99 -20.2
Bankruptcies 9 14 8 -35.7 12.5 53 69 -23.2
Proposals 10 4 9 150.0 11.1 26 30 -13.3
Cape Breton 1 3 3 -66.7 -66.7 12 5 140.0
Bankruptcies 1 2 2 -50.0 -50.0 8 4 100.0
Proposals 0 1 1 -100.0 -100.0 4 1 300.0
North Shore 2 2 1 0.0 100.0 7 10 -30.0
Bankruptcies 1 2 1 -50.0 0.0 5 9 -44.4
Proposals 1 0 0 -- -- 2 1 100.0
Annapolis Valley 2 3 2 -33.3 0.0 10 20 -50.0
Bankruptcies 1 2 0 -50.0 -- 5 10 -50.0
Proposals 1 1 2 0.0 -50.0 5 10 -50.0
Southern 3 3 3 0.0 0.0 13 15 -13.3
Bankruptcies 2 1 1 100.0 100.0 8 9 -11.1
Proposals 1 2 2 -50.0 -50.0 5 6 -16.7
Halifax 12 7 8 71.4 50.0 37 49 -24.5
Bankruptcies 5 7 4 -28.6 25.0 27 37 -27.0
Proposals 7 0 4 -- 75.0 10 12 -16.7
New Brunswick 23 26 26 -11.5 -11.5 84 93 -9.7
Bankruptcies 12 20 20 -40.0 -40.0 60 73 -17.8
Proposals 11 6 6 83.3 83.3 24 20 20.0
Campbellton – Miramichi 3 8 2 -62.5 50.0 22 12 83.3
Bankruptcies 1 8 2 -87.5 -50.0 19 9 111.1
Proposals 2 0 0 -- -- 3 3 0.0
Moncton – Richibucto 8 7 8 14.3 0.0 25 33 -24.2
Bankruptcies 2 3 8 -33.3 -75.0 13 30 -56.7
Proposals 6 4 0 50.0 -- 12 3 300.0
Saint John – St. Stephen 5 3 7 66.7 -28.6 11 25 -56.0
Bankruptcies 5 2 6 150.0 -16.7 9 20 -55.0
Proposals 0 1 1 -100.0 -100.0 2 5 -60.0
Fredericton – Oromocto 2 3 5 -33.3 -60.0 12 8 50.0
Bankruptcies 2 2 3 0.0 -33.3 10 5 100.0
Proposals 0 1 2 -100.0 -100.0 2 3 -33.3
Edmundston – Woodstock 4 4 4 0.0 0.0 14 14 0.0
Bankruptcies 1 4 1 -75.0 0.0 10 8 25.0
Proposals 3 0 3 -- 0.0 4 6 -33.3
Quebec 622 655 565 -5.0 10.1 2,394 2,200 8.8
Bankruptcies 466 439 429 6.2 8.6 1,727 1,623 6.4
Proposals 156 216 136 -27.8 14.7 667 577 15.6
Gaspésie – Îles-de-la-Madeleine 2 4 11 -50.0 -81.8 11 23 -52.2
Bankruptcies 1 3 10 -66.7 -90.0 7 21 -66.7
Proposals 1 1 1 0.0 0.0 4 2 100.0
Bas-Saint-Laurent 20 17 13 17.6 53.8 69 39 76.9
Bankruptcies 17 11 12 54.5 41.7 53 29 82.8
Proposals 3 6 1 -50.0 200.0 16 10 60.0
Capitale-Nationale 60 48 51 25.0 17.6 201 169 18.9
Bankruptcies 52 38 42 36.8 23.8 155 129 20.2
Proposals 8 10 9 -20.0 -11.1 46 40 15.0
Chaudière – Appalaches 28 35 26 -20.0 7.7 111 101 9.9
Bankruptcies 22 26 20 -15.4 10.0 85 78 9.0
Proposals 6 9 6 -33.3 0.0 26 23 13.0
Estrie 13 17 11 -23.5 18.2 63 50 26.0
Bankruptcies 9 9 11 0.0 -18.2 44 44 0.0
Proposals 4 8 0 -50.0 -- 19 6 216.7
Centre-du-Québec 13 14 15 -7.1 -13.3 60 58 3.4
Bankruptcies 10 11 12 -9.1 -16.7 49 42 16.7
Proposals 3 3 3 0.0 0.0 11 16 -31.3
Montérégie 104 156 85 -33.3 22.4 445 435 2.3
Bankruptcies 73 90 58 -18.9 25.9 311 324 -4.0
Proposals 31 66 27 -53.0 14.8 134 111 20.7
Montréal 178 165 193 7.9 -7.8 657 705 -6.8
Bankruptcies 125 115 144 8.7 -13.2 464 514 -9.7
Proposals 53 50 49 6.0 8.2 193 191 1.0
Laval 30 27 39 11.1 -23.1 140 116 20.7
Bankruptcies 25 22 31 13.6 -19.4 105 80 31.3
Proposals 5 5 8 0.0 -37.5 35 36 -2.8
Lanaudière 37 57 23 -35.1 60.9 152 110 38.2
Bankruptcies 32 33 13 -3.0 146.2 109 74 47.3
Proposals 5 24 10 -79.2 -50.0 43 36 19.4
Laurentides 59 58 33 1.7 78.8 229 174 31.6
Bankruptcies 45 43 30 4.7 50.0 169 128 32.0
Proposals 14 15 3 -6.7 366.7 60 46 30.4
Outaouais 25 24 26 4.2 -3.8 99 79 25.3
Bankruptcies 19 19 21 0.0 -9.5 65 57 14.0
Proposals 6 5 5 20.0 20.0 34 22 54.5
Abitibi – Témiscamingue 6 4 5 50.0 20.0 24 30 -20.0
Bankruptcies 4 2 4 100.0 0.0 18 22 -18.2
Proposals 2 2 1 0.0 100.0 6 8 -25.0
Mauricie 19 14 11 35.7 72.7 60 47 27.7
Bankruptcies 13 9 8 44.4 62.5 44 35 25.7
Proposals 6 5 3 20.0 100.0 16 12 33.3
Saguenay – Lac-Saint-Jean 19 11 12 72.7 58.3 53 39 35.9
Bankruptcies 15 7 8 114.3 87.5 36 29 24.1
Proposals 4 4 4 0.0 0.0 17 10 70.0
Côte-Nord 2 2 7 0.0 -71.4 13 20 -35.0
Bankruptcies 2 0 4 -- -50.0 8 12 -33.3
Proposals 0 2 3 -100.0 -100.0 5 8 -37.5
Nord-du-Québec 5 0 1 -- 400.0 7 5 40.0
Bankruptcies 3 0 1 -- 200.0 4 5 -20.0
Proposals 2 0 0 -- -- 3 0 --
Ontario 311 293 274 6.1 13.5 1,127 1,192 -5.5
Bankruptcies 239 225 193 6.2 23.8 881 915 -3.7
Proposals 72 68 81 5.9 -11.1 246 277 -11.2
Ottawa 49 30 40 63.3 22.5 144 149 -3.4
Bankruptcies 41 22 24 86.4 70.8 111 115 -3.5
Proposals 8 8 16 0.0 -50.0 33 34 -2.9
Kingston – Pembroke 8 8 7 0.0 14.3 30 28 7.1
Bankruptcies 6 6 6 0.0 0.0 25 18 38.9
Proposals 2 2 1 0.0 100.0 5 10 -50.0
Muskoka – Kawarthas 2 4 2 -50.0 0.0 9 15 -40.0
Bankruptcies 2 4 2 -50.0 0.0 8 15 -46.7
Proposals 0 0 0 -- -- 1 0 --
Toronto 157 157 135 0.0 16.3 564 629 -10.3
Bankruptcies 120 120 92 0.0 30.4 439 476 -7.8
Proposals 37 37 43 0.0 -14.0 125 153 -18.3
Kitchener – Waterloo – Barrie 20 14 19 42.9 5.3 85 97 -12.4
Bankruptcies 15 11 14 36.4 7.1 66 78 -15.4
Proposals 5 3 5 66.7 0.0 19 19 0.0
Hamilton – Niagara Peninsula 34 34 29 0.0 17.2 115 114 0.9
Bankruptcies 20 26 22 -23.1 -9.1 83 91 -8.8
Proposals 14 8 7 75.0 100.0 32 23 39.1
London 9 9 11 0.0 -18.2 36 35 2.9
Bankruptcies 6 6 7 0.0 -14.3 27 27 0.0
Proposals 3 3 4 0.0 -25.0 9 8 12.5
Windsor – Sarnia 14 13 16 7.7 -12.5 47 56 -16.1
Bankruptcies 12 12 15 0.0 -20.0 43 46 -6.5
Proposals 2 1 1 100.0 100.0 4 10 -60.0
Stratford – Bruce Peninsula 3 6 2 -50.0 50.0 25 12 108.3
Bankruptcies 3 5 1 -40.0 200.0 20 10 100.0
Proposals 0 1 1 -100.0 -100.0 5 2 150.0
Northeast 14 14 10 0.0 40.0 55 43 27.9
Bankruptcies 13 10 8 30.0 62.5 47 28 67.9
Proposals 1 4 2 -75.0 -50.0 8 15 -46.7
Northwest 2 3 3 -33.3 -33.3 15 15 0.0
Bankruptcies 2 2 2 0.0 0.0 12 11 9.1
Proposals 0 1 1 -100.0 -100.0 3 4 -25.0
Manitoba 6 13 16 -53.8 -62.5 47 68 -30.9
Bankruptcies 3 11 15 -72.7 -80.0 36 56 -35.7
Proposals 3 2 1 50.0 200.0 11 12 -8.3
Southeast 0 1 2 -100.0 -100.0 4 8 -50.0
Bankruptcies 0 1 2 -100.0 -100.0 4 8 -50.0
Proposals 0 0 0 -- -- 0 0 --
South Central 1 0 0 -- -- 2 6 -66.7
Bankruptcies 0 0 0 -- -- 1 6 -83.3
Proposals 1 0 0 -- -- 1 0 --
Southwest 1 4 2 -75.0 -50.0 14 12 16.7
Bankruptcies 1 3 2 -66.7 -50.0 12 9 33.3
Proposals 0 1 0 -100.0 -- 2 3 -33.3
North Central 0 0 0 -- -- 0 1 -100.0
Bankruptcies 0 0 0 -- -- 0 1 -100.0
Proposals 0 0 0 -- -- 0 0 --
Winnipeg 4 5 11 -20.0 -63.6 20 29 -31.0
Bankruptcies 2 4 10 -50.0 -80.0 15 24 -37.5
Proposals 2 1 1 100.0 100.0 5 5 0.0
Interlake 0 0 1 -- -100.0 2 3 -33.3
Bankruptcies 0 0 1 -- -100.0 2 3 -33.3
Proposals 0 0 0 -- -- 0 0 --
Parklands 0 1 0 -100.0 -- 1 3 -66.7
Bankruptcies 0 1 0 -100.0 -- 1 3 -66.7
Proposals 0 0 0 -- -- 0 0 --
North 0 1 0 -100.0 -- 4 1 300.0
Bankruptcies 0 1 0 -100.0 -- 1 1 0.0
Proposals 0 0 0 -- -- 3 0 --
Saskatchewan 21 20 46 5.0 -54.3 99 127 -22.0
Bankruptcies 13 15 30 -13.3 -56.7 60 78 -23.1
Proposals 8 5 16 60.0 -50.0 39 49 -20.4
Regina – Moose Mountain 10 6 15 66.7 -33.3 39 48 -18.8
Bankruptcies 6 4 6 50.0 0.0 24 24 0.0
Proposals 4 2 9 100.0 -55.6 15 24 -37.5
Swift Current – Moose Jaw 2 0 5 -- -60.0 9 22 -59.1
Bankruptcies 1 0 3 -- -66.7 4 13 -69.2
Proposals 1 0 2 -- -50.0 5 9 -44.4
Saskatoon – Biggar 6 9 9 -33.3 -33.3 28 23 21.7
Bankruptcies 4 6 8 -33.3 -50.0 18 16 12.5
Proposals 2 3 1 -33.3 100.0 10 7 42.9
Yorkton – Melville 1 2 8 -50.0 -87.5 8 23 -65.2
Bankruptcies 1 2 6 -50.0 -83.3 7 17 -58.8
Proposals 0 0 2 -- -100.0 1 6 -83.3
Prince Albert 2 3 8 -33.3 -75.0 13 13 0.0
Bankruptcies 1 3 6 -66.7 -83.3 6 10 -40.0
Proposals 1 0 2 -- -50.0 7 3 133.3
Northern 0 0 0 -- -- 0 0 --
Bankruptcies 0 0 0 -- -- 0 0 --
Proposals 0 0 0 -- -- 0 0 --
Alberta 30 39 34 -23.1 -11.8 137 173 -20.8
Bankruptcies 20 33 24 -39.4 -16.7 101 125 -19.2
Proposals 10 6 10 66.7 0.0 36 48 -25.0
Lethbridge – Medicine Hat 1 2 1 -50.0 0.0 6 4 50.0
Bankruptcies 1 2 0 -50.0 -- 6 1 500.0
Proposals 0 0 1 -- -100.0 0 3 -100.0
Camrose – Drumheller 1 3 1 -66.7 0.0 8 11 -27.3
Bankruptcies 0 3 1 -100.0 -100.0 6 11 -45.5
Proposals 1 0 0 -- -- 2 0 --
Calgary 8 11 20 -27.3 -60.0 51 98 -48.0
Bankruptcies 6 11 14 -45.5 -57.1 39 81 -51.9
Proposals 2 0 6 -- -66.7 12 17 -29.4
Banff – Jasper – Rocky Mountain House 0 1 1 -100.0 -100.0 1 1 0.0
Bankruptcies 0 1 1 -100.0 -100.0 1 1 0.0
Proposals 0 0 0 -- -- 0 0 --
Red Deer 4 4 5 0.0 -20.0 12 12 0.0
Bankruptcies 2 4 2 -50.0 0.0 8 6 33.3
Proposals 2 0 3 -- -33.3 4 6 -33.3
Edmonton 13 14 6 -7.1 116.7 51 39 30.8
Bankruptcies 9 10 6 -10.0 50.0 37 20 85.0
Proposals 4 4 0 0.0 -- 14 19 -26.3
Athabasca – Grande Prairie – Peace River 2 2 0 0.0 -- 5 6 -16.7
Bankruptcies 2 0 0 -- -- 2 3 -33.3
Proposals 0 2 0 -100.0 -- 3 3 0.0
Wood Buffalo – Cold Lake 1 1 0 0.0 -- 3 1 200.0
Bankruptcies 0 1 0 -100.0 -- 2 1 100.0
Proposals 1 0 0 -- -- 1 0 --
British Columbia 46 50 70 -8.0 -34.3 232 249 -6.8
Bankruptcies 27 40 48 -32.5 -43.8 179 180 -0.6
Proposals 19 10 22 90.0 -13.6 53 69 -23.2
Vancouver Island and Coast 6 7 15 -14.3 -60.0 35 60 -41.7
Bankruptcies 2 6 14 -66.7 -85.7 27 42 -35.7
Proposals 4 1 1 300.0 300.0 8 18 -55.6
Lower Mainland – Southwest 32 37 43 -13.5 -25.6 158 127 24.4
Bankruptcies 19 32 27 -40.6 -29.6 122 91 34.1
Proposals 13 5 16 160.0 -18.8 36 36 0.0
Thompson – Okanagan 6 3 6 100.0 0.0 31 49 -36.7
Bankruptcies 5 0 5 -- 0.0 24 38 -36.8
Proposals 1 3 1 -66.7 0.0 7 11 -36.4
Kootenay 0 0 3 -- -100.0 3 10 -70.0
Bankruptcies 0 0 0 -- -- 3 5 -40.0
Proposals 0 0 3 -- -100.0 0 5 -100.0
Cariboo 0 1 0 -100.0 -- 2 1 100.0
Bankruptcies 0 1 0 -100.0 -- 2 1 100.0
Proposals 0 0 0 -- -- 0 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 1 2 1 -50.0 0.0 3 3 0.0
Bankruptcies 0 1 1 -100.0 -100.0 1 3 -66.7
Proposals 1 1 0 0.0 -- 2 0 --
Northwest Territories 0 0 0 -- -- 0 0 --
Bankruptcies 0 0 0 -- -- 0 0 --
Proposals 0 0 0 -- -- 0 0 --
Yukon 0 1 0 -100.0 -- 1 0 --
Bankruptcies 0 0 0 -- -- 0 0 --
Proposals 0 1 0 -100.0 -- 1 0 --
Nunavut 0 1 0 -100.0 -- 1 0 --
Bankruptcies 0 1 0 -100.0 -- 1 0 --
Proposals 0 0 0 -- -- 0 0 --
Date modified: