Insolvency Statistics in Canada—Second Quarter of 2017

Table 6: Insolvencies Filed by Businesses by Economic Region (ER)
Province or region Volume % Change 12-Month Period Ending
Q2 2017 Q1 2017 Q2 2016 Q1 2017 to Q2 2017 Q2 2016 to Q2 2017 06-30-2017 06-30-2016 % Change
Newfoundland and Labrador 9 10 7 -10.0 28.6 35 27 29.6
Bankruptcies 8 4 5 100.0 60.0 26 19 36.8
Proposals 1 6 2 -83.3 -50.0 9 8 12.5
Avalon Peninsula 7 8 5 -12.5 40.0 21 22 -4.5
Bankruptcies 6 2 3 200.0 100.0 12 14 -14.3
Proposals 1 6 2 -83.3 -50.0 9 8 12.5
South Coast – Burin Peninsula 1 0 0 n/a n/a 5 0 n/a
Bankruptcies 1 0 0 n/a n/a 5 0 n/a
Proposals 0 0 0 n/a n/a 0 0 n/a
West Coast – Northern Peninsula – Labrador 1 0 0 n/a n/a 4 1 300.0
Bankruptcies 1 0 0 n/a n/a 4 1 300.0
Proposals 0 0 0 n/a n/a 0 0 n/a
Notre Dame – Central Bonavista Bay 0 2 2 -100.0 -100.0 5 4 25.0
Bankruptcies 0 2 2 -100.0 -100.0 5 4 25.0
Proposals 0 0 0 n/a n/a 0 0 n/a
Prince Edward Island 4 6 8 -33.3 -50.0 14 15 -6.7
Bankruptcies 2 6 3 -66.7 -33.3 11 9 22.2
Proposals 2 0 5 n/a -60.0 3 6 -50.0
Nova Scotia 13 9 25 44.4 -48.0 59 76 -22.4
Bankruptcies 12 9 20 33.3 -40.0 51 67 -23.9
Proposals 1 0 5 n/a -80.0 8 9 -11.1
Cape Breton 2 0 2 n/a 0.0 2 7 -71.4
Bankruptcies 2 0 0 n/a n/a 2 5 -60.0
Proposals 0 0 2 n/a -100.0 0 2 -100.0
North Shore 1 1 4 0.0 -75.0 10 14 -28.6
Bankruptcies 0 1 4 -100.0 -100.0 7 14 -50.0
Proposals 1 0 0 n/a n/a 3 0 n/a
Annapolis Valley 1 1 1 0.0 0.0 7 7 0.0
Bankruptcies 1 1 1 0.0 0.0 7 7 0.0
Proposals 0 0 0 n/a n/a 0 0 n/a
Southern 2 3 2 -33.3 0.0 14 8 75.0
Bankruptcies 2 3 1 -33.3 100.0 12 4 200.0
Proposals 0 0 1 n/a -100.0 2 4 -50.0
Halifax 7 4 17 75.0 -58.8 24 40 -40.0
Bankruptcies 7 4 14 75.0 -50.0 21 36 -41.7
Proposals 0 0 3 n/a -100.0 3 4 -25.0
New Brunswick 23 8 15 187.5 53.3 58 75 -22.7
Bankruptcies 18 8 11 125.0 63.6 48 60 -20.0
Proposals 5 0 4 n/a 25.0 10 15 -33.3
Campbellton – Miramichi 3 4 4 -25.0 -25.0 15 17 -11.8
Bankruptcies 2 4 3 -50.0 -33.3 11 14 -21.4
Proposals 1 0 1 n/a 0.0 4 3 33.3
Moncton – Richibucto 4 2 2 100.0 100.0 16 23 -30.4
Bankruptcies 2 2 1 0.0 100.0 13 20 -35.0
Proposals 2 0 1 n/a 100.0 3 3 0.0
Saint John – St. Stephen 3 2 2 50.0 50.0 12 11 9.1
Bankruptcies 3 2 2 50.0 50.0 11 8 37.5
Proposals 0 0 0 n/a n/a 1 3 -66.7
Fredericton – Oromocto 4 0 1 n/a 300.0 6 6 0.0
Bankruptcies 3 0 0 n/a n/a 5 3 66.7
Proposals 1 0 1 n/a 0.0 1 3 -66.7
Edmundston – Woodstock 8 0 5 n/a 60.0 9 14 -35.7
Bankruptcies 7 0 4 n/a 75.0 8 11 -27.3
Proposals 1 0 1 n/a 0.0 1 3 -66.7
Quebec 545 545 565 0.0 -3.5 2,093 2,246 -6.8
Bankruptcies 437 397 416 10.1 5.0 1,586 1,711 -7.3
Proposals 108 148 149 -27.0 -27.5 507 535 -5.2
Gaspésie – Îles-de-la-Madeleine 2 3 2 -33.3 0.0 13 15 -13.3
Bankruptcies 2 2 2 0.0 0.0 12 12 0.0
Proposals 0 1 0 -100.0 n/a 1 3 -66.7
Bas-Saint-Laurent 17 13 18 30.8 -5.6 49 66 -25.8
Bankruptcies 13 9 13 44.4 0.0 38 49 -22.4
Proposals 4 4 5 0.0 -20.0 11 17 -35.3
Capitale-Nationale 50 67 52 -25.4 -3.8 207 197 5.1
Bankruptcies 40 50 38 -20.0 5.3 148 151 -2.0
Proposals 10 17 14 -41.2 -28.6 59 46 28.3
Chaudière – Appalaches 29 29 20 0.0 45.0 95 111 -14.4
Bankruptcies 28 21 14 33.3 100.0 77 88 -12.5
Proposals 1 8 6 -87.5 -83.3 18 23 -21.7
Estrie 15 12 17 25.0 -11.8 51 47 8.5
Bankruptcies 15 8 13 87.5 15.4 42 38 10.5
Proposals 0 4 4 -100.0 -100.0 9 9 0.0
Centre-du-Québec 7 15 15 -53.3 -53.3 55 52 5.8
Bankruptcies 2 10 12 -80.0 -83.3 32 39 -17.9
Proposals 5 5 3 0.0 66.7 23 13 76.9
Montérégie 95 82 101 15.9 -5.9 342 382 -10.5
Bankruptcies 75 58 80 29.3 -6.3 269 300 -10.3
Proposals 20 24 21 -16.7 -4.8 73 82 -11.0
Montréal 146 135 163 8.1 -10.4 560 639 -12.4
Bankruptcies 111 98 107 13.3 3.7 420 461 -8.9
Proposals 35 37 56 -5.4 -37.5 140 178 -21.3
Laval 46 30 34 53.3 35.3 124 120 3.3
Bankruptcies 39 23 27 69.6 44.4 93 96 -3.1
Proposals 7 7 7 0.0 0.0 31 24 29.2
Lanaudière 22 28 32 -21.4 -31.3 103 138 -25.4
Bankruptcies 19 16 26 18.8 -26.9 73 112 -34.8
Proposals 3 12 6 -75.0 -50.0 30 26 15.4
Laurentides 37 45 40 -17.8 -7.5 191 191 0.0
Bankruptcies 28 34 30 -17.6 -6.7 136 137 -0.7
Proposals 9 11 10 -18.2 -10.0 55 54 1.9
Outaouais 17 22 19 -22.7 -10.5 78 89 -12.4
Bankruptcies 12 17 12 -29.4 0.0 57 69 -17.4
Proposals 5 5 7 0.0 -28.6 21 20 5.0
Abitibi – Témiscamingue 12 9 8 33.3 50.0 38 25 52.0
Bankruptcies 10 7 8 42.9 25.0 33 25 32.0
Proposals 2 2 0 0.0 n/a 5 0 n/a
Mauricie 34 23 23 47.8 47.8 96 84 14.3
Bankruptcies 31 16 18 93.8 72.2 81 65 24.6
Proposals 3 7 5 -57.1 -40.0 15 19 -21.1
Saguenay – Lac-Saint-Jean 11 12 15 -8.3 -26.7 55 57 -3.5
Bankruptcies 9 10 13 -10.0 -30.8 46 48 -4.2
Proposals 2 2 2 0.0 0.0 9 9 0.0
Côte-Nord 4 14 4 -71.4 0.0 25 23 8.7
Bankruptcies 3 13 4 -76.9 -25.0 22 18 22.2
Proposals 1 1 0 0.0 n/a 3 5 -40.0
Nord-du-Québec 0 3 0 -100.0 n/a 4 4 0.0
Bankruptcies 0 3 0 -100.0 n/a 4 4 0.0
Proposals 0 0 0 n/a n/a 0 0 n/a
Ontario 210 224 273 -6.3 -23.1 876 1,028 -14.8
Bankruptcies 158 157 193 0.6 -18.1 645 778 -17.1
Proposals 52 67 80 -22.4 -35.0 231 250 -7.6
Ottawa 33 27 21 22.2 57.1 112 95 17.9
Bankruptcies 25 20 15 25.0 66.7 84 75 12.0
Proposals 8 7 6 14.3 33.3 28 20 40.0
Kingston – Pembroke 3 3 2 0.0 50.0 16 17 -5.9
Bankruptcies 3 3 1 0.0 200.0 14 14 0.0
Proposals 0 0 1 n/a -100.0 2 3 -33.3
Muskoka – Kawarthas 6 1 1 500.0 500.0 16 11 45.5
Bankruptcies 4 0 1 n/a 300.0 12 9 33.3
Proposals 2 1 0 100.0 n/a 4 2 100.0
Toronto 107 118 146 -9.3 -26.7 453 540 -16.1
Bankruptcies 82 82 99 0.0 -17.2 335 414 -19.1
Proposals 25 36 47 -30.6 -46.8 118 126 -6.3
Kitchener – Waterloo – Barrie 10 13 24 -23.1 -58.3 55 76 -27.6
Bankruptcies 8 9 21 -11.1 -61.9 40 62 -35.5
Proposals 2 4 3 -50.0 -33.3 15 14 7.1
Hamilton – Niagara Peninsula 21 27 34 -22.2 -38.2 92 125 -26.4
Bankruptcies 16 20 27 -20.0 -40.7 75 95 -21.1
Proposals 5 7 7 -28.6 -28.6 17 30 -43.3
London 7 12 15 -41.7 -53.3 45 44 2.3
Bankruptcies 3 6 11 -50.0 -72.7 23 29 -20.7
Proposals 4 6 4 -33.3 0.0 22 15 46.7
Windsor – Sarnia 5 5 17 0.0 -70.6 36 41 -12.2
Bankruptcies 3 4 11 -25.0 -72.7 29 32 -9.4
Proposals 2 1 6 100.0 -66.7 7 9 -22.2
Stratford – Bruce Peninsula 3 8 1 -62.5 200.0 14 16 -12.5
Bankruptcies 3 8 1 -62.5 200.0 12 8 50.0
Proposals 0 0 0 n/a n/a 2 8 -75.0
Northeast 7 6 6 16.7 16.7 16 42 -61.9
Bankruptcies 6 3 4 100.0 50.0 9 29 -69.0
Proposals 1 3 2 -66.7 -50.0 7 13 -46.2
Northwest 6 2 5 200.0 20.0 14 12 16.7
Bankruptcies 4 2 2 100.0 100.0 11 7 57.1
Proposals 2 0 3 n/a -33.3 3 5 -40.0
Manitoba 10 12 19 -16.7 -47.4 46 52 -11.5
Bankruptcies 9 12 13 -25.0 -30.8 37 35 5.7
Proposals 1 0 6 n/a -83.3 9 17 -47.1
Southeast 2 2 2 0.0 0.0 6 10 -40.0
Bankruptcies 2 2 2 0.0 0.0 5 9 -44.4
Proposals 0 0 0 n/a n/a 1 1 0.0
South Central 0 1 5 -100.0 -100.0 1 8 -87.5
Bankruptcies 0 1 3 -100.0 -100.0 1 6 -83.3
Proposals 0 0 2 n/a -100.0 0 2 -100.0
Southwest 0 0 0 n/a n/a 12 4 200.0
Bankruptcies 0 0 0 n/a n/a 7 1 600.0
Proposals 0 0 0 n/a n/a 5 3 66.7
North Central 2 0 0 n/a n/a 2 1 100.0
Bankruptcies 2 0 0 n/a n/a 2 1 100.0
Proposals 0 0 0 n/a n/a 0 0 n/a
Winnipeg 4 7 8 -42.9 -50.0 19 21 -9.5
Bankruptcies 3 7 4 -57.1 -25.0 16 10 60.0
Proposals 1 0 4 n/a -75.0 3 11 -72.7
Interlake 2 2 4 0.0 -50.0 6 5 20.0
Bankruptcies 2 2 4 0.0 -50.0 6 5 20.0
Proposals 0 0 0 n/a n/a 0 0 n/a
Parklands 0 0 0 n/a n/a 0 0 n/a
Bankruptcies 0 0 0 n/a n/a 0 0 n/a
Proposals 0 0 0 n/a n/a 0 0 n/a
North 0 0 0 n/a n/a 0 3 -100.0
Bankruptcies 0 0 0 n/a n/a 0 3 -100.0
Proposals 0 0 0 n/a n/a 0 0 n/a
Saskatchewan 41 30 28 36.7 46.4 124 137 -9.5
Bankruptcies 32 18 20 77.8 60.0 93 102 -8.8
Proposals 9 12 8 -25.0 12.5 31 35 -11.4
Regina – Moose Mountain 8 7 15 14.3 -46.7 37 63 -41.3
Bankruptcies 5 3 12 66.7 -58.3 24 47 -48.9
Proposals 3 4 3 -25.0 0.0 13 16 -18.8
Swift Current – Moose Jaw 10 7 0 42.9 n/a 24 12 100.0
Bankruptcies 6 4 0 50.0 n/a 16 9 77.8
Proposals 4 3 0 33.3 n/a 8 3 166.7
Saskatoon – Biggar 12 7 9 71.4 33.3 28 29 -3.4
Bankruptcies 11 4 4 175.0 175.0 24 20 20.0
Proposals 1 3 5 -66.7 -80.0 4 9 -55.6
Yorkton – Melville 3 3 2 0.0 50.0 11 12 -8.3
Bankruptcies 2 1 2 100.0 0.0 7 12 -41.7
Proposals 1 2 0 -50.0 n/a 4 0 n/a
Prince Albert 6 6 1 0.0 500.0 20 18 11.1
Bankruptcies 6 6 1 0.0 500.0 19 12 58.3
Proposals 0 0 0 n/a n/a 1 6 -83.3
Northern 2 0 0 n/a n/a 2 0 n/a
Bankruptcies 2 0 0 n/a n/a 2 0 n/a
Proposals 0 0 0 n/a n/a 0 0 n/a
Alberta 60 35 33 71.4 81.8 193 130 48.5
Bankruptcies 41 27 29 51.9 41.4 139 91 52.7
Proposals 19 8 4 137.5 375.0 54 39 38.5
Lethbridge – Medicine Hat 0 1 0 -100.0 n/a 3 0 n/a
Bankruptcies 0 1 0 -100.0 n/a 3 0 n/a
Proposals 0 0 0 n/a n/a 0 0 n/a
Camrose – Drumheller 0 3 0 -100.0 n/a 4 1 300.0
Bankruptcies 0 1 0 -100.0 n/a 2 1 100.0
Proposals 0 2 0 -100.0 n/a 2 0 n/a
Calgary 32 14 17 128.6 88.2 101 57 77.2
Bankruptcies 24 9 13 166.7 84.6 70 44 59.1
Proposals 8 5 4 60.0 100.0 31 13 138.5
Banff – Jasper – Rocky Mountain House 0 0 1 n/a -100.0 1 2 -50.0
Bankruptcies 0 0 1 n/a -100.0 1 2 -50.0
Proposals 0 0 0 n/a n/a 0 0 n/a
Red Deer 1 1 4 0.0 -75.0 5 6 -16.7
Bankruptcies 1 1 4 0.0 -75.0 5 6 -16.7
Proposals 0 0 0 n/a n/a 0 0 n/a
Edmonton 20 14 10 42.9 100.0 65 54 20.4
Bankruptcies 12 13 10 -7.7 20.0 47 32 46.9
Proposals 8 1 0 700.0 n/a 18 22 -18.2
Athabasca – Grande Prairie – Peace River 3 2 1 50.0 200.0 8 10 -20.0
Bankruptcies 3 2 1 50.0 200.0 8 6 33.3
Proposals 0 0 0 n/a n/a 0 4 -100.0
Wood Buffalo – Cold Lake 3 0 0 n/a n/a 6 0 n/a
Bankruptcies 1 0 0 n/a n/a 3 0 n/a
Proposals 2 0 0 n/a n/a 3 0 n/a
British Columbia 37 50 53 -26.0 -30.2 175 237 -26.2
Bankruptcies 31 44 45 -29.5 -31.1 139 174 -20.1
Proposals 6 6 8 0.0 -25.0 36 63 -42.9
Vancouver Island and Coast 3 8 9 -62.5 -66.7 19 41 -53.7
Bankruptcies 0 6 8 -100.0 -100.0 11 33 -66.7
Proposals 3 2 1 50.0 200.0 8 8 0.0
Lower Mainland – Southwest 28 34 29 -17.6 -3.4 125 144 -13.2
Bankruptcies 25 31 25 -19.4 0.0 102 103 -1.0
Proposals 3 3 4 0.0 -25.0 23 41 -43.9
Thompson – Okanagan 4 4 7 0.0 -42.9 16 39 -59.0
Bankruptcies 4 4 6 0.0 -33.3 16 29 -44.8
Proposals 0 0 1 n/a -100.0 0 10 -100.0
Kootenay 0 2 1 -100.0 -100.0 4 1 300.0
Bankruptcies 0 1 1 -100.0 -100.0 2 1 100.0
Proposals 0 1 0 -100.0 n/a 2 0 n/a
Cariboo 2 2 0 0.0 n/a 6 3 100.0
Bankruptcies 2 2 0 0.0 n/a 6 2 200.0
Proposals 0 0 0 n/a n/a 0 1 -100.0
North Coast 0 0 0 n/a n/a 1 0 n/a
Bankruptcies 0 0 0 n/a n/a 1 0 n/a
Proposals 0 0 0 n/a n/a 0 0 n/a
Nechako 0 0 2 n/a -100.0 0 2 -100.0
Bankruptcies 0 0 2 n/a -100.0 0 2 -100.0
Proposals 0 0 0 n/a n/a 0 0 n/a
Northeast 0 0 4 n/a -100.0 1 6 -83.3
Bankruptcies 0 0 2 n/a -100.0 0 3 -100.0
Proposals 0 0 2 n/a -100.0 1 3 -66.7
Northwest Territories 1 0 0 n/a n/a 1 0 n/a
Bankruptcies 1 0 0 n/a n/a 1 0 n/a
Proposals 0 0 0 n/a n/a 0 0 n/a
Yukon 0 0 0 n/a n/a 0 0 n/a
Bankruptcies 0 0 0 n/a n/a 0 0 n/a
Proposals 0 0 0 n/a n/a 0 0 n/a
Nunavut 0 0 1 n/a -100.0 0 1 -100.0
Bankruptcies 0 0 1 n/a -100.0 0 1 -100.0
Proposals 0 0 0 n/a n/a 0 0 n/a
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