Insolvency Statistics in Canada—2016 (Table 2)

Table 2: Insolvencies Filed by Consumers
Province Volume 2016
2016 2015 % Change Assets Declared at the Time of Filing ($) Liabilities Declared at the Time of Filing ($)
Newfoundland and Labrador 2,399 1,822 31.7 259,100,406 324,566,697
Bankruptcies 1,552 1,498 3.6 115,386,300 173,100,240
Proposals 847 324 161.4 143,714,106 151,466,457
Prince Edward Island 802 806 -0.5 58,732,003 88,378,315
Bankruptcies 500 519 -3.7 27,202,099 55,374,896
Proposals 302 287 5.2 31,529,904 33,003,419
Nova Scotia 5,948 5,232 13.7 471,219,650 650,606,095
Bankruptcies 4,191 3,648 14.9 268,608,827 433,757,428
Proposals 1,757 1,584 10.9 202,610,823 216,848,667
New Brunswick 4,442 4,331 2.6 364,168,627 526,583,949
Bankruptcies 2,904 2,814 3.2 179,242,810 325,472,403
Proposals 1,538 1,517 1.4 184,925,817 201,111,546
Quebec 43,009 43,705 -1.6 3,312,605,608 4,252,499,635
Bankruptcies 24,241 24,539 -1.2 1,111,073,274 2,092,737,758
Proposals 18,768 19,166 -2.1 2,201,532,334 2,159,761,877
Ontario 39,611 39,935 -0.8 2,746,897,542 4,116,605,163
Bankruptcies 16,904 17,958 -5.9 677,386,320 1,776,089,697
Proposals 22,707 21,977 3.3 2,069,511,222 2,340,515,466
Manitoba 2,607 2,098 24.3 251,126,364 768,366,717
Bankruptcies 1,448 1,264 14.6 96,596,340 613,873,648
Proposals 1,159 834 39.0 154,530,024 154,493,069
Saskatchewan 2,960 2,198 34.7 476,094,740 496,082,845
Bankruptcies 1,421 1,155 23.0 164,397,732 219,857,462
Proposals 1,539 1,043 47.6 311,697,008 276,225,383
Alberta 13,170 9,810 34.3 2,046,075,594 2,564,679,113
Bankruptcies 5,427 4,280 26.8 685,973,924 1,215,433,748
Proposals 7,743 5,530 40.0 1,360,101,670 1,349,245,365
British Columbia 10,806 11,580 -6.7 815,212,107 1,260,070,996
Bankruptcies 4,719 5,683 -17.0 251,509,901 622,868,115
Proposals 6,087 5,897 3.2 563,702,206 637,202,881
Northwest Territories 60 52 15.4 7,189,558 10,401,834
Bankruptcies 35 28 25.0 2,620,912 5,850,190
Proposals 25 24 4.2 4,568,646 4,551,644
Yukon 55 35 57.1 4,002,850 6,070,663
Bankruptcies 27 18 50.0 1,476,934 2,685,597
Proposals 28 17 64.7 2,525,916 3,385,066
Nunavut 9 5 80.0 398,293 494,399
Bankruptcies 3 2 50.0 205,451 394,900
Proposals 6 3 100.0 192,842 99,499
Canada 125,878 121,609 3.5 10,812,823,342 15,065,406,421
Bankruptcies 63,372 63,406 -0.1 3,581,680,824 7,537,496,082
Proposals 62,506 58,203 7.4 7,231,142,518 7,527,910,339
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