Insolvency Statistics in Canada—2016 (Table 6)

Table 6: Insolvencies Filed by Businesses by Economic Region (ER)
Province, territory or region Volume 2016
2016 2015 % Change Assets Declared at the Time of Filing ($) Liabilities Declared at the Time of Filing ($)
Newfoundland and Labrador 28 27 3.7 3,616,835 16,215,281
Bankruptcies 22 21 4.8 3,592,087 10,346,028
Proposals 6 6 0.0 24,748 5,869,253
Avalon Peninsula 16 17 -5.9 2,779,207 13,017,525
Bankruptcies 10 13 -23.1 2,754,459 7,148,272
Proposals 6 4 50.0 24,748 5,869,253
South Coast – Burin Peninsula 4 0 -- 235,102 895,947
Bankruptcies 4 0 -- 235,102 895,947
Proposals 0 0 -- 0 0
West Coast – Northern Peninsula – Labrador 3 7 -57.1 444,716 1,051,205
Bankruptcies 3 5 -40.0 444,716 1,051,205
Proposals 0 2 -100.0 0 0
Notre Dame – Central Bonavista Bay 5 3 66.7 157,810 1,250,604
Bankruptcies 5 3 66.7 157,810 1,250,604
Proposals 0 0 -- 0 0
Prince Edward Island 13 16 -18.8 935,572 26,920,945
Bankruptcies 7 12 -41.7 311,037 18,698,926
Proposals 6 4 50.0 624,535 8,222,019
Nova Scotia 75 93 -19.4 10,082,359 64,338,580
Bankruptcies 63 69 -8.7 9,942,664 52,920,166
Proposals 12 24 -50.0 139,695 11,418,414
Cape Breton 4 8 -50.0 96,065 1,123,791
Bankruptcies 2 5 -60.0 96,065 595,360
Proposals 2 3 -33.3 0 528,431
North Shore 13 14 -7.1 1,359,048 4,620,396
Bankruptcies 11 14 -21.4 1,359,048 4,620,396
Proposals 2 1 100.0 0 0
Annapolis Valley 9 8 12.5 3,126,214 8,369,424
Bankruptcies 9 7 28.6 3,126,214 8,369,424
Proposals 0 1 -100.0 0 0
Southern 13 11 18.2 1,793,316 33,249,556
Bankruptcies 10 7 42.9 1,793,316 23,764,539
Proposals 3 4 -25.0 0 9,485,017
Halifax 35 52 -32.7 3,707,715 16,975,413
Bankruptcies 29 36 -19.4 3,568,020 15,570,447
Proposals 6 15 -60.0 139,695 1,404,966
New Brunswick 59 80 -26.3 14,126,085 47,153,890
Bankruptcies 45 59 -23.7 12,567,908 35,482,781
Proposals 14 21 -33.3 1,558,177 11,671,109
Campbellton – Miramichi 14 19 -26.3 2,492,123 9,802,363
Bankruptcies 10 14 -28.6 2,162,009 4,317,201
Proposals 4 6 -33.3 330,114 5,485,162
Moncton – Richibucto 16 28 -42.9 4,160,555 20,680,871
Bankruptcies 13 22 -40.9 3,579,952 19,087,883
Proposals 3 7 -57.1 580,603 1,592,988
Saint John – St. Stephen 13 13 0.0 3,220,977 8,337,473
Bankruptcies 10 13 -23.1 2,907,211 4,625,016
Proposals 3 1 200.0 313,766 3,712,457
Fredericton – Oromocto 5 6 -16.7 3,320,747 4,074,340
Bankruptcies 3 5 -40.0 3,154,118 3,927,823
Proposals 2 2 0.0 166,629 146,517
Edmundston – Woodstock 10 10 0.0 931,682 4,258,843
Bankruptcies 8 6 33.3 764,617 3,524,858
Proposals 2 5 -60.0 167,065 733,985
Quebec 2,197 2,237 -1.8 165,038,161 1,744,176,036
Bankruptcies 1,660 1,684 -1.4 114,948,459 989,165,386
Proposals 537 553 -2.9 50,089,702 755,010,650
Gaspésie – Îles-de-la-Madeleine 15 15 0.0 1,021,229 5,001,920
Bankruptcies 14 13 7.7 1,021,228 2,769,156
Proposals 1 3 -66.7 1 2,232,764
Bas-Saint-Laurent 50 71 -29.6 4,047,233 27,776,107
Bankruptcies 39 57 -31.6 3,897,426 10,515,254
Proposals 11 13 -15.4 149,807 17,260,853
Capitale-Nationale 201 193 4.1 13,153,332 84,711,905
Bankruptcies 139 150 -7.3 8,551,758 39,518,926
Proposals 62 44 40.9 4,601,574 45,192,979
Chaudière – Appalaches 105 91 15.4 9,470,918 48,549,384
Bankruptcies 80 70 14.3 6,486,745 32,044,560
Proposals 25 22 13.6 2,984,173 16,504,824
Estrie 52 43 20.9 5,469,384 37,502,028
Bankruptcies 42 33 27.3 3,726,807 14,860,474
Proposals 10 11 -9.1 1,742,577 22,641,554
Centre-du-Québec 55 59 -6.8 2,315,426 34,416,928
Bankruptcies 37 45 -17.8 1,863,834 8,424,602
Proposals 18 14 28.6 451,592 25,992,326
Montérégie 357 381 -6.3 38,153,778 209,878,976
Bankruptcies 289 283 2.1 31,787,694 146,965,393
Proposals 68 98 -30.6 6,366,084 62,913,583
Montréal 611 650 -6.0 33,626,196 693,865,227
Bankruptcies 455 463 -1.7 16,375,206 458,806,782
Proposals 156 186 -16.1 17,250,990 235,058,445
Laval 111 123 -9.8 9,617,699 84,165,970
Bankruptcies 80 96 -16.7 1,598,248 16,622,105
Proposals 31 27 14.8 8,019,451 67,543,865
Lanaudière 135 119 13.4 7,466,176 109,511,802
Bankruptcies 106 95 11.6 5,265,636 86,849,653
Proposals 29 25 16.0 2,200,540 22,662,149
Laurentides 226 198 14.1 11,922,094 251,373,754
Bankruptcies 157 149 5.4 7,768,822 38,551,047
Proposals 69 48 43.8 4,153,272 212,822,707
Outaouais 81 94 -13.8 6,579,913 38,789,462
Bankruptcies 62 71 -12.7 5,596,206 36,632,078
Proposals 19 23 -17.4 983,707 2,157,384
Abitibi – Témiscamingue 29 25 16.0 3,983,410 58,396,033
Bankruptcies 28 22 27.3 3,983,409 58,373,951
Proposals 1 3 -66.7 1 22,082
Mauricie 85 78 9.0 10,190,054 32,462,754
Bankruptcies 70 58 20.7 9,640,987 19,882,845
Proposals 15 20 -25.0 549,067 12,579,909
Saguenay – Lac-Saint-Jean 57 67 -14.9 6,694,005 22,045,824
Bankruptcies 46 55 -16.4 6,074,770 14,598,461
Proposals 11 12 -8.3 619,235 7,447,363
Côte-Nord 20 15 33.3 1,276,529 5,573,927
Bankruptcies 15 15 0.0 1,258,898 3,596,064
Proposals 5 1 400.0 17,631 1,977,863
Nord-du-Québec 1 10 -90.0 50,786 154,034
Bankruptcies 1 8 -87.5 50,786 154,034
Proposals 0 2 -100.0 0 0
Ontario 940 1,141 -17.6 104,877,819 883,492,003
Bankruptcies 691 884 -21.8 88,899,718 548,892,144
Proposals 249 257 -3.1 15,978,101 334,599,859
Ottawa 92 149 -38.3 3,758,152 43,639,633
Bankruptcies 68 119 -42.9 1,996,027 24,622,013
Proposals 24 31 -22.6 1,762,125 19,017,620
Kingston – Pembroke 16 28 -42.9 1,330,489 13,149,180
Bankruptcies 12 24 -50.0 1,162,780 12,560,499
Proposals 4 4 0.0 167,709 588,681
Muskoka – Kawarthas 14 11 27.3 5,251,298 12,529,285
Bankruptcies 12 11 9.1 4,846,996 11,991,672
Proposals 2 1 100.0 404,302 537,613
Toronto 495 583 -15.1 52,919,883 606,197,201
Bankruptcies 363 457 -20.6 46,312,186 337,567,857
Proposals 132 125 5.6 6,607,697 268,629,344
Kitchener – Waterloo – Barrie 76 72 5.6 6,914,502 28,880,344
Bankruptcies 58 56 3.6 3,005,417 19,984,933
Proposals 18 16 12.5 3,909,085 8,895,411
Hamilton – Niagara Peninsula 101 132 -23.5 23,048,527 92,503,370
Bankruptcies 85 92 -7.6 22,406,586 75,273,990
Proposals 16 41 -61.0 641,941 17,229,380
London 47 38 23.7 2,719,239 24,301,192
Bankruptcies 28 28 0.0 2,065,669 12,646,088
Proposals 19 11 72.7 653,570 11,655,104
Windsor – Sarnia 53 35 51.4 5,369,264 34,596,751
Bankruptcies 42 28 50.0 4,236,171 27,796,415
Proposals 11 7 57.1 1,133,093 6,800,336
Stratford – Bruce Peninsula 8 19 -57.9 473,046 1,425,217
Bankruptcies 5 13 -61.5 470,281 1,373,657
Proposals 3 7 -57.1 2,765 51,560
Northeast 16 59 -72.9 1,006,028 8,809,735
Bankruptcies 7 50 -86.0 313,862 7,711,321
Proposals 9 9 0.0 692,166 1,098,414
Northwest 15 10 50.0 2,087,391 17,460,096
Bankruptcies 10 7 42.9 2,083,743 17,363,700
Proposals 5 3 66.7 3,648 96,396
Manitoba 52 38 36.8 6,263,340 21,534,579
Bankruptcies 34 26 30.8 4,159,199 13,283,727
Proposals 18 12 50.0 2,104,141 8,250,852
Southeast 4 8 -50.0 296,517 757,014
Bankruptcies 3 7 -57.1 296,517 757,014
Proposals 1 1 0.0 0 0
South Central 8 1 700.0 908,262 2,775,423
Bankruptcies 6 0 -- 648,898 2,571,437
Proposals 2 1 100.0 259,364 203,986
Southwest 13 7 85.7 1,012,813 4,785,625
Bankruptcies 8 4 100.0 885,126 4,527,040
Proposals 5 3 66.7 127,687 258,585
North Central 1 0 -- 46,930 108,598
Bankruptcies 1 0 -- 46,930 108,598
Proposals 0 0 -- 0 0
Winnipeg 20 16 25.0 2,629,334 10,812,027
Bankruptcies 10 11 -9.1 912,244 3,023,746
Proposals 10 5 100.0 1,717,090 7,788,281
Interlake 6 1 500.0 1,369,484 2,295,892
Bankruptcies 6 1 500.0 1,369,484 2,295,892
Proposals 0 0 -- 0 0
Parklands 0 2 -100.0 0 0
Bankruptcies 0 0 -- 0 0
Proposals 0 2 -100.0 0 0
North 0 3 -100.0 0 0
Bankruptcies 0 3 -100.0 0 0
Proposals 0 0 -- 0 0
Saskatchewan 117 119 -1.7 14,049,255 257,406,663
Bankruptcies 91 85 7.1 9,680,199 135,849,344
Proposals 26 34 -23.5 4,369,056 121,557,319
Regina – Moose Mountain 52 57 -8.8 8,277,320 18,412,455
Bankruptcies 40 37 8.1 5,687,675 15,973,841
Proposals 12 20 -40.0 2,589,645 2,438,614
Swift Current – Moose Jaw 11 10 10.0 689,410 1,663,588
Bankruptcies 10 6 66.7 672,287 1,384,123
Proposals 1 4 -75.0 17,123 279,465
Saskatoon – Biggar 26 22 18.2 2,936,474 231,231,890
Bankruptcies 18 19 -5.3 1,627,268 112,905,554
Proposals 8 3 166.7 1,309,206 118,326,336
Yorkton – Melville 11 11 0.0 848,643 4,120,523
Bankruptcies 10 10 0.0 764,439 4,043,087
Proposals 1 1 0.0 84,204 77,436
Prince Albert 12 18 -33.3 1,297,408 1,978,207
Bankruptcies 10 12 -16.7 928,531 1,542,739
Proposals 2 6 -66.7 368,877 435,468
Northern 0 0 -- 0 0
Bankruptcies 0 0 -- 0 0
Proposals 0 0 -- 0 0
Alberta 168 134 25.4 249,117,627 1,348,116,796
Bankruptcies 121 95 27.4 234,626,933 1,266,196,453
Proposals 47 39 20.5 14,490,694 81,920,343
Lethbridge – Medicine Hat 2 3 -33.3 5,365,303 26,498,412
Bankruptcies 2 3 -33.3 5,365,303 26,498,412
Proposals 0 0 -- 0 0
Camrose – Drumheller 2 2 0.0 640,736 1,926,012
Bankruptcies 2 1 100.0 640,736 1,926,012
Proposals 0 1 -100.0 0 0
Calgary 84 55 52.7 206,995,984 1,050,231,707
Bankruptcies 59 43 37.2 204,142,596 1,016,401,076
Proposals 25 12 108.3 2,853,388 33,830,631
Banff – Jasper – Rocky Mountain House 2 1 100.0 1,091,185 1,973,095
Bankruptcies 2 1 100.0 1,091,185 1,973,095
Proposals 0 0 -- 0 0
Red Deer 7 9 -22.2 776,418 4,999,250
Bankruptcies 7 6 16.7 776,418 4,999,250
Proposals 0 3 -100.0 0 0
Edmonton 62 47 31.9 29,766,009 249,406,586
Bankruptcies 41 30 36.7 18,344,903 203,025,172
Proposals 21 17 23.5 11,421,106 46,381,414
Athabasca – Grande Prairie – Peace River 7 14 -50.0 2,443,158 9,887,150
Bankruptcies 6 9 -33.3 2,227,890 8,187,545
Proposals 1 5 -80.0 215,268 1,699,605
Wood Buffalo – Cold Lake 3 2 50.0 2,038,835 3,194,582
Bankruptcies 2 1 100.0 2,037,903 3,185,890
Proposals 1 1 0.0 932 8,692
British Columbia 199 222 -10.4 214,376,663 12,691,495,749
Bankruptcies 149 154 -3.2 200,955,263 12,641,349,448
Proposals 50 68 -26.5 13,421,400 50,146,301
Vancouver Island and Coast 26 37 -29.7 13,229,044 43,431,364
Bankruptcies 19 27 -29.6 11,210,336 34,207,058
Proposals 7 9 -22.2 2,018,708 9,224,306
Lower Mainland – Southwest 125 146 -14.4 183,037,776 12,597,966,874
Bankruptcies 94 97 -3.1 173,452,379 12,565,372,380
Proposals 31 48 -35.4 9,585,397 32,594,494
Thompson – Okanagan 30 26 15.4 6,989,769 23,787,572
Bankruptcies 25 20 25.0 6,129,974 18,541,091
Proposals 5 7 -28.6 859,795 5,246,481
Kootenay 3 1 200.0 7,875,654 12,031,757
Bankruptcies 2 0 -- 7,169,394 11,046,106
Proposals 1 1 0.0 706,260 985,651
Cariboo 3 5 -40.0 831,223 2,713,977
Bankruptcies 2 6 -66.7 603,207 946,993
Proposals 1 0 -- 228,016 1,766,984
North Coast 1 2 -50.0 1,692,456 5,705,352
Bankruptcies 1 2 -50.0 1,692,456 5,705,352
Proposals 0 0 -- 0 0
Nechako 2 0 -- 8,817 174,731
Bankruptcies 2 0 -- 8,817 174,731
Proposals 0 0 -- 0 0
Northeast 5 3 66.7 711,922 5,684,124
Bankruptcies 2 1 100.0 688,699 5,355,738
Proposals 3 2 50.0 23,223 328,386
Northwest Territories 0 0 -- 0 0
Bankruptcies 0 0 -- 0 0
Proposals 0 0 -- 0 0
Yukon 0 0 -- 0 0
Bankruptcies 0 0 -- 0 0
Proposals 0 0 -- 0 0
Nunavut 1 0 -- 957,517 1,305,632
Bankruptcies 1 0 -- 957,517 1,305,632
Proposals 0 0 -- 0 0
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