Insolvency Statistics in Canada—Second Quarter of 2015

Table 6: Insolvencies Filed by Businesses by Economic Region (ER)
Province or Region Volume % Change 12-Month Period Ending
Q2 2015 Q1 2015 Q2 2014 Q1 2015 to Q2 2015 Q2 2014 to Q2 2015 06-30-2015 06-30-2014 % Change
Newfoundland and Labrador 6 6 6 0.0 0.0 27 33 -18.2
Bankruptcies 6 4 5 50.0 20.0 25 22 13.6
Proposals 0 2 1 -100.0 -100.0 2 11 -81.8
Avalon Peninsula 3 2 5 50.0 -40.0 14 18 -22.2
Bankruptcies 3 2 4 50.0 -25.0 14 12 16.7
Proposals 0 0 1 -- -100.0 0 6 -100.0
South Coast – Burin Peninsula 0 0 0 -- -- 0 4 -100.0
Bankruptcies 0 0 0 -- -- 0 0 --
Proposals 0 0 0 -- -- 0 4 -100.0
West Coast – Northern Peninsula – Labrador 3 3 0 0.0 -- 6 3 100.0
Bankruptcies 3 1 0 200.0 -- 4 3 33.3
Proposals 0 2 0 -100.0 -- 2 0 --
Notre Dame – Central Bonavista Bay 0 1 1 -100.0 -100.0 7 8 -12.5
Bankruptcies 0 1 1 -100.0 -100.0 7 7 0.0
Proposals 0 0 0 -- -- 0 1 -100.0
Prince Edward Island 6 4 6 50.0 0.0 19 23 -17.4
Bankruptcies 5 2 5 150.0 0.0 14 17 -17.6
Proposals 1 2 1 -50.0 0.0 5 6 -16.7
Nova Scotia 36 19 23 89.5 56.5 92 94 -2.1
Bankruptcies 26 9 17 188.9 52.9 62 65 -4.6
Proposals 10 10 6 0.0 66.7 30 29 3.4
Cape Breton 4 1 4 300.0 0.0 12 8 50.0
Bankruptcies 1 1 4 0.0 -75.0 5 7 -28.6
Proposals 3 0 0 -- -- 7 1 600.0
North Shore 3 2 2 50.0 50.0 8 9 -11.1
Bankruptcies 3 1 1 200.0 200.0 7 8 -12.5
Proposals 0 1 1 -100.0 -100.0 1 1 0.0
Annapolis Valley 3 2 4 50.0 -25.0 9 16 -43.8
Bankruptcies 3 1 1 200.0 200.0 7 8 -12.5
Proposals 0 1 3 -100.0 -100.0 2 8 -75.0
Southern 4 3 5 33.3 -20.0 12 17 -29.4
Bankruptcies 4 2 4 100.0 0.0 8 10 -20.0
Proposals 0 1 1 -100.0 -100.0 4 7 -42.9
Halifax 22 12 8 83.3 175.0 51 44 15.9
Bankruptcies 15 5 7 200.0 114.3 35 32 9.4
Proposals 7 7 1 0.0 600.0 16 12 33.3
New Brunswick 14 23 21 -39.1 -33.3 77 92 -16.3
Bankruptcies 10 12 16 -16.7 -37.5 54 72 -25.0
Proposals 4 11 5 -63.6 -20.0 23 20 15.0
Campbellton – Miramichi 5 3 8 66.7 -37.5 19 11 72.7
Bankruptcies 3 1 7 200.0 -57.1 15 10 50.0
Proposals 2 2 1 0.0 100.0 4 1 300.0
Moncton – Richibucto 3 8 3 -62.5 0.0 24 30 -20.0
Bankruptcies 3 2 2 50.0 50.0 14 26 -46.2
Proposals 0 6 1 -100.0 -100.0 10 4 150.0
Saint John – St. Stephen 3 5 2 -40.0 50.0 12 24 -50.0
Bankruptcies 3 5 1 -40.0 200.0 11 19 -42.1
Proposals 0 0 1 -- -100.0 1 5 -80.0
Fredericton – Oromocto 1 2 2 -50.0 -50.0 11 10 10.0
Bankruptcies 0 2 2 -100.0 -100.0 8 7 14.3
Proposals 1 0 0 -- -- 3 3 0.0
Edmundston – Woodstock 1 4 5 -75.0 -80.0 10 15 -33.3
Bankruptcies 0 1 4 -100.0 -100.0 6 9 -33.3
Proposals 1 3 1 -66.7 0.0 4 6 -33.3
Quebec 563 622 601 -9.5 -6.3 2,356 2,237 5.3
Bankruptcies 415 466 437 -10.9 -5.0 1,705 1,662 2.6
Proposals 148 156 164 -5.1 -9.8 651 575 13.2
Gaspésie – Îles-de-la-Madeleine 5 2 3 150.0 66.7 13 20 -35.0
Bankruptcies 5 1 2 400.0 150.0 10 18 -44.4
Proposals 0 1 1 -100.0 -100.0 3 2 50.0
Bas-Saint-Laurent 16 20 16 -20.0 0.0 67 48 39.6
Bankruptcies 15 17 12 -11.8 25.0 55 36 52.8
Proposals 1 3 4 -66.7 -75.0 12 12 0.0
Capitale-Nationale 47 60 49 -21.7 -4.1 198 177 11.9
Bankruptcies 27 52 36 -48.1 -25.0 146 135 8.1
Proposals 20 8 13 150.0 53.8 52 42 23.8
Chaudière – Appalaches 20 28 31 -28.6 -35.5 100 112 -10.7
Bankruptcies 12 22 23 -45.5 -47.8 74 85 -12.9
Proposals 8 6 8 33.3 0.0 26 27 -3.7
Estrie 11 13 14 -15.4 -21.4 60 49 22.4
Bankruptcies 9 9 12 0.0 -25.0 41 43 -4.7
Proposals 2 4 2 -50.0 0.0 19 6 216.7
Centre-du-Québec 16 13 22 23.1 -27.3 54 64 -15.6
Bankruptcies 13 10 19 30.0 -31.6 43 52 -17.3
Proposals 3 3 3 0.0 0.0 11 12 -8.3
Montérégie 87 104 108 -16.3 -19.4 423 426 -0.7
Bankruptcies 64 73 89 -12.3 -28.1 286 327 -12.5
Proposals 23 31 19 -25.8 21.1 137 99 38.4
Montréal 165 178 161 -7.3 2.5 660 706 -6.5
Bankruptcies 122 125 112 -2.4 8.9 474 520 -8.8
Proposals 43 53 49 -18.9 -12.2 186 186 0.0
Laval 36 30 42 20.0 -14.3 134 124 8.1
Bankruptcies 25 25 29 0.0 -13.8 101 85 18.8
Proposals 11 5 13 120.0 -15.4 33 39 -15.4
Lanaudière 26 37 35 -29.7 -25.7 143 116 23.3
Bankruptcies 19 32 27 -40.6 -29.6 101 77 31.2
Proposals 7 5 8 40.0 -12.5 42 39 7.7
Laurentides 65 59 69 10.2 -5.8 225 181 24.3
Bankruptcies 50 45 46 11.1 8.7 173 127 36.2
Proposals 15 14 23 7.1 -34.8 52 54 -3.7
Outaouais 22 25 21 -12.0 4.8 99 82 20.7
Bankruptcies 17 19 9 -10.5 88.9 72 55 30.9
Proposals 5 6 12 -16.7 -58.3 27 27 0.0
Abitibi – Témiscamingue 6 6 3 0.0 100.0 27 21 28.6
Bankruptcies 5 4 3 25.0 66.7 20 18 11.1
Proposals 1 2 0 -50.0 -- 7 3 133.3
Mauricie 21 19 13 10.5 61.5 67 52 28.8
Bankruptcies 17 13 12 30.8 41.7 48 43 11.6
Proposals 4 6 1 -33.3 300.0 19 9 111.1
Saguenay – Lac-Saint-Jean 16 19 8 -15.8 100.0 61 39 56.4
Bankruptcies 12 15 3 -20.0 300.0 45 27 66.7
Proposals 4 4 5 0.0 -20.0 16 12 33.3
Côte-Nord 3 2 3 50.0 0.0 13 19 -31.6
Bankruptcies 3 2 2 50.0 50.0 9 12 -25.0
Proposals 0 0 1 -- -100.0 4 7 -42.9
Nord-du-Québec 1 5 0 -80.0 -- 8 3 166.7
Bankruptcies 1 3 0 -66.7 -- 5 3 66.7
Proposals 0 2 0 -100.0 -- 3 0 --
Ontario 300 311 271 -3.5 10.7 1,156 1,124 2.8
Bankruptcies 228 239 203 -4.6 12.3 906 863 5.0
Proposals 72 72 68 0.0 5.9 250 261 -4.2
Ottawa 45 49 44 -8.2 2.3 145 163 -11.0
Bankruptcies 31 41 30 -24.4 3.3 112 123 -8.9
Proposals 14 8 14 75.0 0.0 33 40 -17.5
Kingston – Pembroke 9 8 8 12.5 12.5 31 32 -3.1
Bankruptcies 8 6 8 33.3 0.0 25 25 0.0
Proposals 1 2 0 -50.0 -- 6 7 -14.3
Muskoka – Kawarthas 3 2 3 50.0 0.0 9 15 -40.0
Bankruptcies 3 2 2 50.0 50.0 9 14 -35.7
Proposals 0 0 1 -- -100.0 0 1 -100.0
Toronto 153 157 122 -2.5 25.4 593 558 6.3
Bankruptcies 115 120 89 -4.2 29.2 464 425 9.2
Proposals 38 37 33 2.7 15.2 129 133 -3.0
Kitchener – Waterloo – Barrie 20 20 21 0.0 -4.8 84 93 -9.7
Bankruptcies 14 15 18 -6.7 -22.2 62 74 -16.2
Proposals 6 5 3 20.0 100.0 22 19 15.8
Hamilton – Niagara Peninsula 30 34 26 -11.8 15.4 119 95 25.3
Bankruptcies 23 20 17 15.0 35.3 88 71 23.9
Proposals 7 14 9 -50.0 -22.2 31 24 29.2
London 6 9 10 -33.3 -40.0 33 37 -10.8
Bankruptcies 6 6 9 0.0 -33.3 25 29 -13.8
Proposals 0 3 1 -100.0 -100.0 8 8 0.0
Windsor – Sarnia 7 14 13 -50.0 -46.2 42 57 -26.3
Bankruptcies 4 12 13 -66.7 -69.2 35 51 -31.4
Proposals 3 2 0 50.0 -- 7 6 16.7
Stratford – Bruce Peninsula 5 3 7 66.7 -28.6 23 15 53.3
Bankruptcies 5 3 4 66.7 25.0 21 10 110.0
Proposals 0 0 3 -- -100.0 2 5 -60.0
Northeast 16 14 10 14.3 60.0 62 43 44.2
Bankruptcies 15 13 9 15.4 66.7 54 31 74.2
Proposals 1 1 1 0.0 0.0 8 12 -33.3
Northwest 5 2 6 150.0 -16.7 13 15 -13.3
Bankruptcies 3 2 4 50.0 -25.0 10 10 0.0
Proposals 2 0 2 -- 0.0 3 5 -40.0
Manitoba 8 6 19 33.3 -57.9 36 75 -52.0
Bankruptcies 6 3 17 100.0 -64.7 25 63 -60.3
Proposals 2 3 2 -33.3 0.0 11 12 -8.3
Southeast 0 0 0 -- -- 4 8 -50.0
Bankruptcies 0 0 0 -- -- 4 8 -50.0
Proposals 0 0 0 -- -- 0 0 --
South Central 0 1 1 -100.0 -100.0 1 6 -83.3
Bankruptcies 0 0 1 -- -100.0 0 6 -100.0
Proposals 0 1 0 -100.0 -- 1 0 --
Southwest 3 1 6 200.0 -50.0 10 15 -33.3
Bankruptcies 3 1 6 200.0 -50.0 8 13 -38.5
Proposals 0 0 0 -- -- 2 2 0.0
North Central 0 0 0 -- -- 0 1 -100.0
Bankruptcies 0 0 0 -- -- 0 1 -100.0
Proposals 0 0 0 -- -- 0 0 --
Winnipeg 3 4 8 -25.0 -62.5 14 33 -57.6
Bankruptcies 3 2 7 50.0 -57.1 10 28 -64.3
Proposals 0 2 1 -100.0 -100.0 4 5 -20.0
Interlake 0 0 2 -- -100.0 0 3 -100.0
Bankruptcies 0 0 2 -- -100.0 0 3 -100.0
Proposals 0 0 0 -- -- 0 0 --
Parklands 2 0 0 -- -- 3 2 50.0
Bankruptcies 0 0 0 -- -- 1 2 -50.0
Proposals 2 0 0 -- -- 2 0 --
North 0 0 1 -- -100.0 3 2 50.0
Bankruptcies 0 0 0 -- -- 1 1 0.0
Proposals 0 0 1 -- -100.0 2 1 100.0
Saskatchewan 25 21 35 19.0 -28.6 89 130 -31.5
Bankruptcies 18 13 20 38.5 -10.0 58 77 -24.7
Proposals 7 8 15 -12.5 -53.3 31 53 -41.5
Regina – Moose Mountain 14 10 18 40.0 -22.2 36 53 -32.1
Bankruptcies 8 6 10 33.3 -20.0 23 29 -20.7
Proposals 6 4 8 50.0 -25.0 13 24 -45.8
Swift Current – Moose Jaw 0 2 6 -100.0 -100.0 3 25 -88.0
Bankruptcies 0 1 3 -100.0 -100.0 1 14 -92.9
Proposals 0 1 3 -100.0 -100.0 2 11 -81.8
Saskatoon – Biggar 4 6 4 -33.3 0.0 28 21 33.3
Bankruptcies 4 4 3 0.0 33.3 19 14 35.7
Proposals 0 2 1 -100.0 -100.0 9 7 28.6
Yorkton – Melville 4 1 3 300.0 33.3 9 18 -50.0
Bankruptcies 3 1 3 200.0 0.0 7 13 -46.2
Proposals 1 0 0 -- -- 2 5 -60.0
Prince Albert 2 2 3 0.0 -33.3 12 14 -14.3
Bankruptcies 2 1 0 100.0 -- 8 8 0.0
Proposals 0 1 3 -100.0 -100.0 4 6 -33.3
Northern 0 0 0 -- -- 0 0 --
Bankruptcies 0 0 0 -- -- 0 0 --
Proposals 0 0 0 -- -- 0 0 --
Alberta 44 30 31 46.7 41.9 150 158 -5.1
Bankruptcies 34 20 25 70.0 36.0 110 115 -4.3
Proposals 10 10 6 0.0 66.7 40 43 -7.0
Lethbridge – Medicine Hat 2 1 3 100.0 -33.3 5 4 25.0
Bankruptcies 2 1 3 100.0 -33.3 5 3 66.7
Proposals 0 0 0 -- -- 0 1 -100.0
Camrose – Drumheller 1 1 3 0.0 -66.7 6 11 -45.5
Bankruptcies 1 0 3 -- -66.7 4 11 -63.6
Proposals 0 1 0 -100.0 -- 2 0 --
Calgary 19 8 12 137.5 58.3 58 84 -31.0
Bankruptcies 15 6 10 150.0 50.0 44 67 -34.3
Proposals 4 2 2 100.0 100.0 14 17 -17.6
Banff – Jasper – Rocky Mountain House 0 0 0 -- -- 1 1 0.0
Bankruptcies 0 0 0 -- -- 1 1 0.0
Proposals 0 0 0 -- -- 0 0 --
Red Deer 3 4 3 -25.0 0.0 12 15 -20.0
Bankruptcies 2 2 1 0.0 100.0 9 7 28.6
Proposals 1 2 2 -50.0 -50.0 3 8 -62.5
Edmonton 11 13 7 -15.4 57.1 55 34 61.8
Bankruptcies 8 9 6 -11.1 33.3 39 21 85.7
Proposals 3 4 1 -25.0 200.0 16 13 23.1
Athabasca – Grande Prairie – Peace River 6 2 1 200.0 500.0 10 6 66.7
Bankruptcies 4 2 0 100.0 -- 6 2 200.0
Proposals 2 0 1 -- 100.0 4 4 0.0
Wood Buffalo – Cold Lake 1 1 1 0.0 0.0 3 2 50.0
Bankruptcies 1 0 1 -- 0.0 2 2 0.0
Proposals 0 1 0 -100.0 -- 1 0 --
British Columbia 50 46 71 8.7 -29.6 211 251 -15.9
Bankruptcies 38 27 60 40.7 -36.7 157 188 -16.5
Proposals 12 19 11 -36.8 9.1 54 63 -14.3
Vancouver Island and Coast 8 6 10 33.3 -20.0 32 60 -46.7
Bankruptcies 7 2 8 250.0 -12.5 25 43 -41.9
Proposals 1 4 2 -75.0 -50.0 7 17 -58.8
Lower Mainland – Southwest 32 32 47 0.0 -31.9 142 136 4.4
Bankruptcies 23 19 40 21.1 -42.5 105 105 0.0
Proposals 9 13 7 -30.8 28.6 37 31 19.4
Thompson – Okanagan 3 6 10 -50.0 -70.0 24 42 -42.9
Bankruptcies 2 5 8 -60.0 -75.0 18 30 -40.0
Proposals 1 1 2 0.0 -50.0 6 12 -50.0
Kootenay 1 0 3 -- -66.7 1 10 -90.0
Bankruptcies 0 0 3 -- -100.0 0 7 -100.0
Proposals 1 0 0 -- -- 1 3 -66.7
Cariboo 3 0 0 -- -- 6 1 500.0
Bankruptcies 3 0 0 -- -- 6 1 500.0
Proposals 0 0 0 -- -- 0 0 --
North Coast 2 0 0 -- -- 2 0 --
Bankruptcies 2 0 0 -- -- 2 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 0 -100.0 -- 3 2 50.0
Bankruptcies 0 0 0 -- -- 1 2 -50.0
Proposals 0 1 0 -100.0 -- 2 0 --
Northwest Territories 0 0 0 -- -- 0 0 --
Bankruptcies 0 0 0 -- -- 0 0 --
Proposals 0 0 0 -- -- 0 0 --
Yukon 0 0 0 -- -- 1 0 --
Bankruptcies 0 0 0 -- -- 0 0 --
Proposals 0 0 0 -- -- 1 0 --
Nunavut 0 0 0 -- -- 1 0 --
Bankruptcies 0 0 0 -- -- 1 0 --
Proposals 0 0 0 -- -- 0 0 --
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