Insolvency Statistics in Canada—Fourth Quarter of 2015

Table 6: Insolvencies Filed by Businesses by Economic Region (ER)
Province, region or territory Volume % Change 12-Month Period Ending
Q4 2015 Q3 2015 Q4 2014 Q3 2015 to Q4 2015 Q4 2014 to Q4 2015 12-31-2015 12-31-2014 % Change
Newfoundland and Labrador 7 8 12 -12.5 -41.7 27 30 -10.0
Bankruptcies 5 6 12 -16.7 -58.3 21 27 -22.2
Proposals 2 2 0 0.0 -- 6 3 100.0
Avalon Peninsula 7 5 7 40.0 0.0 17 20 -15.0
Bankruptcies 5 3 7 66.7 -28.6 13 17 -23.5
Proposals 2 2 0 0.0 -- 4 3 33.3
South Coast – Burin Peninsula 0 0 0 -- -- 0 0 --
Bankruptcies 0 0 0 -- -- 0 0 --
Proposals 0 0 0 -- -- 0 0 --
West Coast – Northern Peninsula – Labrador 0 1 0 -100.0 -- 7 0 --
Bankruptcies 0 1 0 -100.0 -- 5 0 --
Proposals 0 0 0 -- -- 2 0 --
Notre Dame – Central Bonavista Bay 0 2 5 -100.0 -100.0 3 10 -70.0
Bankruptcies 0 2 5 -100.0 -100.0 3 10 -70.0
Proposals 0 0 0 -- -- 0 0 --
Prince Edward Island 3 3 4 0.0 -25.0 16 18 -11.1
Bankruptcies 3 2 4 50.0 -25.0 12 13 -7.7
Proposals 0 1 0 -100.0 -- 4 5 -20.0
Nova Scotia 17 21 18 -19.0 -5.6 93 77 20.8
Bankruptcies 16 18 14 -11.1 14.3 69 52 32.7
Proposals 1 3 4 -66.7 -75.0 24 25 -4.0
Cape Breton 2 1 3 100.0 -33.3 8 14 -42.9
Bankruptcies 2 1 2 100.0 0.0 5 9 -44.4
Proposals 0 0 1 -- -100.0 3 5 -40.0
North Shore 6 3 2 100.0 200.0 14 6 133.3
Bankruptcies 6 3 2 100.0 200.0 13 5 160.0
Proposals 0 0 0 -- -- 1 1 0.0
Annapolis Valley 1 2 3 -50.0 -66.7 8 10 -20.0
Bankruptcies 1 2 2 -50.0 -50.0 7 4 75.0
Proposals 0 0 1 -- -100.0 1 6 -83.3
Southern 0 4 3 -100.0 -100.0 11 13 -15.4
Bankruptcies 0 1 1 -100.0 -100.0 7 7 0.0
Proposals 0 3 2 -100.0 -100.0 4 6 -33.3
Halifax 7 11 7 -36.4 0.0 52 34 52.9
Bankruptcies 6 11 7 -45.5 -14.3 37 27 37.0
Proposals 1 0 0 -- -- 15 7 114.3
New Brunswick 21 22 26 -4.5 -19.2 80 87 -8.0
Bankruptcies 20 17 20 17.6 0.0 59 68 -13.2
Proposals 1 5 6 -80.0 -83.3 21 19 10.5
Campbellton – Miramichi 6 5 8 20.0 -25.0 19 21 -9.5
Bankruptcies 6 3 8 100.0 -25.0 13 20 -35.0
Proposals 0 2 0 -100.0 -- 6 1 500.0
Moncton – Richibucto 9 8 7 12.5 28.6 28 25 12.0
Bankruptcies 9 7 3 28.6 200.0 21 19 10.5
Proposals 0 1 4 -100.0 -100.0 7 6 16.7
Saint John – St. Stephen 2 3 3 -33.3 -33.3 13 13 0.0
Bankruptcies 2 2 2 0.0 0.0 12 10 20.0
Proposals 0 1 1 -100.0 -100.0 1 3 -66.7
Fredericton – Oromocto 1 2 3 -50.0 -66.7 6 14 -57.1
Bankruptcies 1 1 2 0.0 -50.0 4 10 -60.0
Proposals 0 1 1 -100.0 -100.0 2 4 -50.0
Edmundston – Woodstock 2 3 4 -33.3 -50.0 10 13 -23.1
Bankruptcies 1 3 4 -66.7 -75.0 5 9 -44.4
Proposals 1 0 0 -- -- 5 4 25.0
Quebec 581 471 655 23.4 -11.3 2,237 2,337 -4.3
Bankruptcies 447 356 439 25.6 1.8 1,684 1,690 -0.4
Proposals 134 115 216 16.5 -38.0 553 647 -14.5
Gaspésie – Îles-de-la-Madeleine 5 3 4 66.7 25.0 15 20 -25.0
Bankruptcies 4 2 3 100.0 33.3 12 16 -25.0
Proposals 1 1 1 0.0 0.0 3 4 -25.0
Bas-Saint-Laurent 13 22 17 -40.9 -23.5 71 61 16.4
Bankruptcies 9 17 11 -47.1 -18.2 58 48 20.8
Proposals 4 5 6 -20.0 -33.3 13 13 0.0
Capitale-Nationale 50 36 48 38.9 4.2 193 192 0.5
Bankruptcies 40 30 38 33.3 5.3 149 145 2.8
Proposals 10 6 10 66.7 0.0 44 47 -6.4
Chaudière – Appalaches 22 21 35 4.8 -37.1 91 109 -16.5
Bankruptcies 18 18 26 0.0 -30.8 70 83 -15.7
Proposals 4 3 9 33.3 -55.6 21 26 -19.2
Estrie 12 7 17 71.4 -29.4 43 61 -29.5
Bankruptcies 9 6 9 50.0 0.0 33 46 -28.3
Proposals 3 1 8 200.0 -62.5 10 15 -33.3
Centre-du-Québec 20 10 14 100.0 42.9 59 62 -4.8
Bankruptcies 17 5 11 240.0 54.5 45 51 -11.8
Proposals 3 5 3 -40.0 0.0 14 11 27.3
Montérégie 105 85 156 23.5 -32.7 381 427 -10.8
Bankruptcies 81 66 90 22.7 -10.0 284 297 -4.4
Proposals 24 19 66 26.3 -63.6 97 130 -25.4
Montréal 165 142 165 16.2 0.0 650 672 -3.3
Bankruptcies 116 101 115 14.9 0.9 464 483 -3.9
Proposals 49 41 50 19.5 -2.0 186 189 -1.6
Laval 34 23 27 47.8 25.9 123 149 -17.4
Bankruptcies 27 20 22 35.0 22.7 97 111 -12.6
Proposals 7 3 5 133.3 40.0 26 38 -31.6
Lanaudière 33 23 57 43.5 -42.1 119 138 -13.8
Bankruptcies 28 16 33 75.0 -15.2 95 90 5.6
Proposals 5 7 24 -28.6 -79.2 24 48 -50.0
Laurentides 35 39 58 -10.3 -39.7 198 204 -2.9
Bankruptcies 28 26 43 7.7 -34.9 149 154 -3.2
Proposals 7 13 15 -46.2 -53.3 49 50 -2.0
Outaouais 25 22 24 13.6 4.2 94 99 -5.1
Bankruptcies 19 16 19 18.8 0.0 71 66 7.6
Proposals 6 6 5 0.0 20.0 23 33 -30.3
Abitibi – Témiscamingue 10 3 4 233.3 150.0 25 23 8.7
Bankruptcies 10 3 2 233.3 400.0 22 18 22.2
Proposals 0 0 2 -- -100.0 3 5 -40.0
Mauricie 24 14 14 71.4 71.4 78 51 52.9
Bankruptcies 17 12 9 41.7 88.9 59 39 51.3
Proposals 7 2 5 250.0 40.0 19 12 58.3
Saguenay – Lac-Saint-Jean 18 14 11 28.6 63.6 67 47 42.6
Bankruptcies 17 12 7 41.7 142.9 56 30 86.7
Proposals 1 2 4 -50.0 -75.0 11 17 -35.3
Côte-Nord 4 6 2 -33.3 100.0 15 18 -16.7
Bankruptcies 4 5 0 -20.0 -- 14 10 40.0
Proposals 0 1 2 -100.0 -100.0 1 8 -87.5
Nord-du-Québec 2 2 0 0.0 -- 10 3 233.3
Bankruptcies 2 2 0 0.0 -- 8 2 300.0
Proposals 0 0 0 -- -- 2 1 100.0
Ontario 255 275 293 -7.3 -13.0 1,141 1,090 4.7
Bankruptcies 202 215 225 -6.0 -10.2 884 835 5.9
Proposals 53 60 68 -11.7 -22.1 257 255 0.8
Ottawa 31 24 30 29.2 3.3 149 135 10.4
Bankruptcies 25 21 22 19.0 13.6 118 94 25.5
Proposals 6 3 8 100.0 -25.0 31 41 -24.4
Kingston – Pembroke 5 6 8 -16.7 -37.5 28 29 -3.4
Bankruptcies 5 5 6 0.0 -16.7 24 25 -4.0
Proposals 0 1 2 -100.0 -100.0 4 4 0.0
Muskoka – Kawarthas 5 1 4 400.0 25.0 11 9 22.2
Bankruptcies 4 1 4 300.0 0.0 10 8 25.0
Proposals 1 0 0 -- -- 1 1 0.0
Toronto 121 152 157 -20.4 -22.9 583 542 7.6
Bankruptcies 99 123 120 -19.5 -17.5 457 411 11.2
Proposals 22 29 37 -24.1 -40.5 126 131 -3.8
Kitchener – Waterloo – Barrie 15 17 14 -11.8 7.1 72 84 -14.3
Bankruptcies 13 14 11 -7.1 18.2 56 65 -13.8
Proposals 2 3 3 -33.3 -33.3 16 19 -15.8
Hamilton – Niagara Peninsula 39 29 34 34.5 14.7 132 110 20.0
Bankruptcies 31 18 26 72.2 19.2 92 85 8.2
Proposals 8 11 8 -27.3 0.0 40 25 60.0
London 10 13 9 -23.1 11.1 38 38 0.0
Bankruptcies 8 7 6 14.3 33.3 27 28 -3.6
Proposals 2 6 3 -66.7 -33.3 11 10 10.0
Windsor – Sarnia 5 9 13 -44.4 -61.5 35 49 -28.6
Bankruptcies 3 9 12 -66.7 -75.0 28 46 -39.1
Proposals 2 0 1 -- 100.0 7 3 133.3
Stratford – Bruce Peninsula 7 4 6 75.0 16.7 19 24 -20.8
Bankruptcies 3 1 5 200.0 -40.0 12 18 -33.3
Proposals 4 3 1 33.3 300.0 7 6 16.7
Northeast 13 16 14 -18.8 -7.1 59 52 13.5
Bankruptcies 10 12 10 -16.7 0.0 50 43 16.3
Proposals 3 4 4 -25.0 -25.0 9 9 0.0
Northwest 1 2 3 -50.0 -66.7 10 16 -37.5
Bankruptcies 0 2 2 -100.0 -100.0 7 12 -41.7
Proposals 1 0 1 -- 0.0 3 4 -25.0
Manitoba 11 13 13 -15.4 -15.4 38 57 -33.3
Bankruptcies 9 8 11 12.5 -18.2 26 48 -45.8
Proposals 2 5 2 -60.0 0.0 12 9 33.3
Southeast 7 1 1 600.0 600.0 8 6 33.3
Bankruptcies 6 1 1 500.0 500.0 7 6 16.7
Proposals 1 0 0 -- -- 1 0 --
South Central 0 0 0 -- -- 1 1 0.0
Bankruptcies 0 0 0 -- -- 0 1 -100.0
Proposals 0 0 0 -- -- 1 0 --
Southwest 0 3 4 -100.0 -100.0 7 15 -53.3
Bankruptcies 0 0 3 -- -100.0 4 13 -69.2
Proposals 0 3 1 -100.0 -100.0 3 2 50.0
North Central 0 0 0 -- -- 0 0 --
Bankruptcies 0 0 0 -- -- 0 0 --
Proposals 0 0 0 -- -- 0 0 --
Winnipeg 3 6 5 -50.0 -40.0 16 27 -40.7
Bankruptcies 2 4 4 -50.0 -50.0 11 23 -52.2
Proposals 1 2 1 -50.0 0.0 5 4 25.0
Interlake 1 0 0 -- -- 1 3 -66.7
Bankruptcies 1 0 0 -- -- 1 3 -66.7
Proposals 0 0 0 -- -- 0 0 --
Parklands 0 0 1 -- -100.0 2 1 100.0
Bankruptcies 0 0 1 -- -100.0 0 1 -100.0
Proposals 0 0 0 -- -- 2 0 --
North 0 3 1 -100.0 -100.0 3 4 -25.0
Bankruptcies 0 3 1 -100.0 -100.0 3 1 200.0
Proposals 0 0 0 -- -- 0 3 -100.0
Saskatchewan 31 42 20 -26.2 55.0 119 124 -4.0
Bankruptcies 23 31 15 -25.8 53.3 85 77 10.4
Proposals 8 11 5 -27.3 60.0 34 47 -27.7
Regina – Moose Mountain 12 21 6 -42.9 100.0 57 45 26.7
Bankruptcies 7 16 4 -56.3 75.0 37 25 48.0
Proposals 5 5 2 0.0 150.0 20 20 0.0
Swift Current – Moose Jaw 2 6 0 -66.7 -- 10 12 -16.7
Bankruptcies 0 5 0 -100.0 -- 6 6 0.0
Proposals 2 1 0 100.0 -- 4 6 -33.3
Saskatoon – Biggar 9 3 9 200.0 0.0 22 30 -26.7
Bankruptcies 9 2 6 350.0 50.0 19 21 -9.5
Proposals 0 1 3 -100.0 -100.0 3 9 -66.7
Yorkton – Melville 3 3 2 0.0 50.0 11 16 -31.3
Bankruptcies 3 3 2 0.0 50.0 10 13 -23.1
Proposals 0 0 0 -- -- 1 3 -66.7
Prince Albert 6 8 3 -25.0 100.0 18 20 -10.0
Bankruptcies 5 4 3 25.0 66.7 12 12 0.0
Proposals 1 4 0 -75.0 -- 6 8 -25.0
Northern 0 0 0 -- -- 0 0 --
Bankruptcies 0 0 0 -- -- 0 0 --
Proposals 0 0 0 -- -- 0 0 --
Alberta 29 31 39 -6.5 -25.6 134 141 -5.0
Bankruptcies 23 18 33 27.8 -30.3 95 105 -9.5
Proposals 6 13 6 -53.8 0.0 39 36 8.3
Lethbridge – Medicine Hat 0 0 2 -- -100.0 3 6 -50.0
Bankruptcies 0 0 2 -- -100.0 3 5 -40.0
Proposals 0 0 0 -- -- 0 1 -100.0
Camrose – Drumheller 0 0 3 -- -100.0 2 8 -75.0
Bankruptcies 0 0 3 -- -100.0 1 7 -85.7
Proposals 0 0 0 -- -- 1 1 0.0
Calgary 18 10 11 80.0 63.6 55 62 -11.3
Bankruptcies 17 5 11 240.0 54.5 43 46 -6.5
Proposals 1 5 0 -80.0 -- 12 16 -25.0
Banff – Jasper – Rocky Mountain House 1 0 1 -- 0.0 1 2 -50.0
Bankruptcies 1 0 1 -- 0.0 1 2 -50.0
Proposals 0 0 0 -- -- 0 0 --
Red Deer 2 0 4 -- -50.0 9 13 -30.8
Bankruptcies 2 0 4 -- -50.0 6 8 -25.0
Proposals 0 0 0 -- -- 3 5 -40.0
Edmonton 6 17 14 -64.7 -57.1 47 44 6.8
Bankruptcies 1 12 10 -91.7 -90.0 30 34 -11.8
Proposals 5 5 4 0.0 25.0 17 10 70.0
Athabasca – Grande Prairie – Peace River 2 4 2 -50.0 0.0 14 3 366.7
Bankruptcies 2 1 0 100.0 -- 9 0 --
Proposals 0 3 2 -100.0 -100.0 5 3 66.7
Wood Buffalo – Cold Lake 0 0 1 -- -100.0 2 2 0.0
Bankruptcies 0 0 1 -- -100.0 1 2 -50.0
Proposals 0 0 0 -- -- 1 0 --
British Columbia 76 50 50 52.0 52.0 222 256 -13.3
Bankruptcies 47 42 40 11.9 17.5 154 200 -23.0
Proposals 29 8 10 262.5 190.0 68 56 21.4
Vancouver Island and Coast 15 8 7 87.5 114.3 37 44 -15.9
Bankruptcies 11 8 6 37.5 83.3 28 39 -28.2
Proposals 4 0 1 -- 300.0 9 5 80.0
Lower Mainland – Southwest 47 35 37 34.3 27.0 146 169 -13.6
Bankruptcies 27 28 32 -3.6 -15.6 97 130 -25.4
Proposals 20 7 5 185.7 300.0 49 39 25.6
Thompson – Okanagan 11 6 3 83.3 266.7 26 31 -16.1
Bankruptcies 7 5 0 40.0 -- 19 24 -20.8
Proposals 4 1 3 300.0 33.3 7 7 0.0
Kootenay 0 0 0 -- -- 1 6 -83.3
Bankruptcies 0 0 0 -- -- 0 3 -100.0
Proposals 0 0 0 -- -- 1 3 -66.7
Cariboo 1 1 1 0.0 0.0 5 2 150.0
Bankruptcies 1 1 1 0.0 0.0 5 2 150.0
Proposals 0 0 0 -- -- 0 0 --
North Coast 0 0 0 -- -- 2 0 --
Bankruptcies 0 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 2 0 2 -- 0.0 3 3 0.0
Bankruptcies 1 0 1 -- 0.0 1 2 -50.0
Proposals 1 0 1 -- 0.0 2 1 100.0
Northwest Territories 0 0 0 -- -- 0 0 --
Bankruptcies 0 0 0 -- -- 0 0 --
Proposals 0 0 0 -- -- 0 0 --
Yukon 0 0 1 -- -100.0 0 1 -100.0
Bankruptcies 0 0 0 -- -- 0 0 --
Proposals 0 0 1 -- -100.0 0 1 -100.0
Nunavut 0 0 1 -- -100.0 0 1 -100.0
Bankruptcies 0 0 1 -- -100.0 0 1 -100.0
Proposals 0 0 0 -- -- 0 0 --
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