Insolvency Statistics in Canada—Third Quarter of 2017

Table 6: Insolvencies Filed by Businesses by Economic Region (ER)
province or region Volume % Change 12-Month Period Ending
Q3 2017 Q2 2017 Q3 2016 Q2 2017
to
Q3 2017
Q3 2016
to
Q3 2017
09-30-2017 09-30-2016 % Change
Newfoundland and Labrador 7 9 6 -22.2 16.7 36 25 44.0
Bankruptcies 6 8 5 -25.0 20.0 27 18 50.0
Proposals 1 1 1 0.0 0.0 9 7 28.6
Avalon Peninsula 5 7 1 -28.6 400.0 25 18 38.9
Bankruptcies 5 6 0 -16.7 n/a 17 11 54.5
Proposals 0 1 1 -100.0 -100.0 8 7 14.3
South Coast – Burin Peninsula 0 1 1 -100.0 -100.0 4 1 300.0
Bankruptcies 0 1 1 -100.0 -100.0 4 1 300.0
Proposals 0 0 0 n/a n/a 0 0 n/a
West Coast – Northern Peninsula – Labrador 1 1 1 0.0 0.0 4 1 300.0
Bankruptcies 1 1 1 0.0 0.0 4 1 300.0
Proposals 0 0 0 n/a n/a 0 0 n/a
Notre Dame – Central Bonavista Bay 1 0 3 n/a -66.7 3 5 -40.0
Bankruptcies 0 0 3 n/a -100.0 2 5 -60.0
Proposals 1 0 0 n/a n/a 1 0 n/a
Prince Edward Island 2 4 3 -50.0 -33.3 13 15 -13.3
Bankruptcies 2 2 3 0.0 -33.3 10 10 0.0
Proposals 0 2 0 -100.0 n/a 3 5 -40.0
Nova Scotia 17 13 19 30.8 -10.5 57 74 -23.0
Bankruptcies 14 12 17 16.7 -17.6 48 66 -27.3
Proposals 3 1 2 200.0 50.0 9 8 12.5
Cape Breton 1 2 0 -50.0 n/a 3 6 -50.0
Bankruptcies 0 2 0 -100.0 n/a 2 4 -50.0
Proposals 1 0 0 n/a n/a 1 2 -50.0
North Shore 1 1 2 0.0 -50.0 9 13 -30.8
Bankruptcies 1 0 2 n/a -50.0 6 13 -53.8
Proposals 0 1 0 -100.0 n/a 3 0 n/a
Annapolis Valley 2 1 3 100.0 -33.3 6 8 -25.0
Bankruptcies 2 1 3 100.0 -33.3 6 8 -25.0
Proposals 0 0 0 n/a n/a 0 0 n/a
Southern 1 2 2 -50.0 -50.0 13 6 116.7
Bankruptcies 1 2 2 -50.0 -50.0 11 5 120.0
Proposals 0 0 0 n/a n/a 2 1 100.0
Halifax 12 7 10 71.4 20.0 26 39 -33.3
Bankruptcies 10 7 8 42.9 25.0 23 33 -30.3
Proposals 2 0 2 n/a 0.0 3 6 -50.0
New Brunswick 6 23 14 -73.9 -57.1 50 67 -25.4
Bankruptcies 6 18 11 -66.7 -45.5 43 54 -20.4
Proposals 0 5 3 -100.0 -100.0 7 13 -46.2
Campbellton – Miramichi 0 3 3 -100.0 -100.0 12 15 -20.0
Bankruptcies 0 2 1 -100.0 -100.0 10 12 -16.7
Proposals 0 1 2 -100.0 -100.0 2 3 -33.3
Moncton – Richibucto 2 4 6 -50.0 -66.7 12 21 -42.9
Bankruptcies 2 2 6 0.0 -66.7 9 19 -52.6
Proposals 0 2 0 -100.0 n/a 3 2 50.0
Saint John – St. Stephen 3 3 5 0.0 -40.0 10 13 -23.1
Bankruptcies 3 3 4 0.0 -25.0 10 10 0.0
Proposals 0 0 1 n/a -100.0 0 3 -100.0
Fredericton – Oromocto 0 4 0 -100.0 n/a 6 4 50.0
Bankruptcies 0 3 0 -100.0 n/a 5 2 150.0
Proposals 0 1 0 -100.0 n/a 1 2 -50.0
Edmundston – Woodstock 1 8 1 -87.5 0.0 9 12 -25.0
Bankruptcies 1 7 1 -85.7 0.0 8 9 -11.1
Proposals 0 1 0 -100.0 n/a 1 3 -66.7
Quebec 440 545 477 -19.3 -7.8 2,056 2,252 -8.7
Bankruptcies 328 437 352 -24.9 -6.8 1,562 1,707 -8.5
Proposals 112 108 125 3.7 -10.4 494 545 -9.4
Gaspésie – Îles-de-la-Madeleine 1 2 1 -50.0 0.0 13 13 0.0
Bankruptcies 1 2 1 -50.0 0.0 12 11 9.1
Proposals 0 0 0 n/a n/a 1 2 -50.0
Bas-Saint-Laurent 7 17 12 -58.8 -41.7 44 56 -21.4
Bankruptcies 7 13 10 -46.2 -30.0 35 42 -16.7
Proposals 0 4 2 -100.0 -100.0 9 14 -35.7
Capitale-Nationale 42 50 45 -16.0 -6.7 204 206 -1.0
Bankruptcies 36 40 32 -10.0 12.5 152 153 -0.7
Proposals 6 10 13 -40.0 -53.8 52 53 -1.9
Chaudière – Appalaches 20 29 16 -31.0 25.0 99 106 -6.6
Bankruptcies 18 28 12 -35.7 50.0 83 82 1.2
Proposals 2 1 4 100.0 -50.0 16 24 -33.3
Estrie 7 15 10 -53.3 -30.0 48 50 -4.0
Bankruptcies 7 15 9 -53.3 -22.2 40 41 -2.4
Proposals 0 0 1 n/a -100.0 8 9 -11.1
Centre-du-Québec 11 7 8 57.1 37.5 58 50 16.0
Bankruptcies 11 2 5 450.0 120.0 38 39 -2.6
Proposals 0 5 3 -100.0 -100.0 20 11 81.8
Montérégie 68 95 78 -28.4 -12.8 332 375 -11.5
Bankruptcies 52 75 63 -30.7 -17.5 258 297 -13.1
Proposals 16 20 15 -20.0 6.7 74 78 -5.1
Montréal 132 146 137 -9.6 -3.6 555 634 -12.5
Bankruptcies 90 111 102 -18.9 -11.8 408 462 -11.7
Proposals 42 35 35 20.0 20.0 147 172 -14.5
Laval 31 46 24 -32.6 29.2 131 121 8.3
Bankruptcies 19 39 15 -51.3 26.7 97 91 6.6
Proposals 12 7 9 71.4 33.3 34 30 13.3
Lanaudière 25 22 23 13.6 8.7 105 138 -23.9
Bankruptcies 16 19 15 -15.8 6.7 74 111 -33.3
Proposals 9 3 8 200.0 12.5 31 27 14.8
Laurentides 39 37 55 5.4 -29.1 175 207 -15.5
Bankruptcies 30 28 34 7.1 -11.8 132 145 -9.0
Proposals 9 9 21 0.0 -57.1 43 62 -30.6
Outaouais 11 17 22 -35.3 -50.0 67 89 -24.7
Bankruptcies 6 12 15 -50.0 -60.0 48 68 -29.4
Proposals 5 5 7 0.0 -28.6 19 21 -9.5
Abitibi – Témiscamingue 9 12 12 -25.0 -25.0 35 34 2.9
Bankruptcies 6 10 11 -40.0 -45.5 28 33 -15.2
Proposals 3 2 1 50.0 200.0 7 1 600.0
Mauricie 15 34 16 -55.9 -6.3 95 86 10.5
Bankruptcies 12 31 15 -61.3 -20.0 78 68 14.7
Proposals 3 3 1 0.0 200.0 17 18 -5.6
Saguenay – Lac-Saint-Jean 17 11 14 54.5 21.4 58 57 1.8
Bankruptcies 14 9 10 55.6 40.0 50 46 8.7
Proposals 3 2 4 50.0 -25.0 8 11 -27.3
Côte-Nord 3 4 2 -25.0 50.0 26 19 36.8
Bankruptcies 1 3 2 -66.7 -50.0 21 15 40.0
Proposals 2 1 0 100.0 n/a 5 4 25.0
Nord-du-Québec 0 0 1 n/a -100.0 3 3 0.0
Bankruptcies 0 0 1 n/a -100.0 3 3 0.0
Proposals 0 0 0 n/a n/a 0 0 n/a
Ontario 215 210 217 2.4 -0.9 874 970 -9.9
Bankruptcies 157 158 167 -0.6 -6.0 635 730 -13.0
Proposals 58 52 50 11.5 16.0 239 240 -0.4
Ottawa 28 33 23 -15.2 21.7 117 94 24.5
Bankruptcies 21 25 20 -16.0 5.0 85 74 14.9
Proposals 7 8 3 -12.5 133.3 32 20 60.0
Kingston – Pembroke 6 3 6 100.0 0.0 16 17 -5.9
Bankruptcies 5 3 4 66.7 25.0 15 13 15.4
Proposals 1 0 2 n/a -50.0 1 4 -75.0
Muskoka – Kawarthas 1 6 2 -83.3 -50.0 15 12 25.0
Bankruptcies 0 4 1 -100.0 -100.0 11 9 22.2
Proposals 1 2 1 -50.0 0.0 4 3 33.3
Toronto 118 107 112 10.3 5.4 459 500 -8.2
Bankruptcies 81 82 89 -1.2 -9.0 327 380 -13.9
Proposals 37 25 23 48.0 60.9 132 120 10.0
Kitchener – Waterloo – Barrie 14 10 16 40.0 -12.5 53 75 -29.3
Bankruptcies 11 8 9 37.5 22.2 42 57 -26.3
Proposals 3 2 7 50.0 -57.1 11 18 -38.9
Hamilton – Niagara Peninsula 17 21 30 -19.0 -43.3 79 126 -37.3
Bankruptcies 15 16 27 -6.3 -44.4 63 104 -39.4
Proposals 2 5 3 -60.0 -33.3 16 22 -27.3
London 7 7 10 0.0 -30.0 42 41 2.4
Bankruptcies 6 3 5 100.0 20.0 24 27 -11.1
Proposals 1 4 5 -75.0 -80.0 18 14 28.6
Windsor – Sarnia 8 5 10 60.0 -20.0 34 42 -19.0
Bankruptcies 5 3 9 66.7 -44.4 25 32 -21.9
Proposals 3 2 1 50.0 200.0 9 10 -10.0
Stratford – Bruce Peninsula 5 3 2 66.7 150.0 17 14 21.4
Bankruptcies 4 3 1 33.3 300.0 15 8 87.5
Proposals 1 0 1 n/a 0.0 2 6 -66.7
Northeast 7 7 2 0.0 250.0 21 28 -25.0
Bankruptcies 6 6 0 0.0 n/a 15 17 -11.8
Proposals 1 1 2 0.0 -50.0 6 11 -45.5
Northwest 2 6 2 -66.7 0.0 14 12 16.7
Bankruptcies 2 4 2 -50.0 0.0 11 7 57.1
Proposals 0 2 0 -100.0 n/a 3 5 -40.0
Manitoba 7 10 10 -30.0 -30.0 43 49 -12.2
Bankruptcies 4 9 9 -55.6 -55.6 32 36 -11.1
Proposals 3 1 1 200.0 200.0 11 13 -15.4
Southeast 0 2 2 -100.0 -100.0 4 11 -63.6
Bankruptcies 0 2 1 -100.0 -100.0 4 9 -55.6
Proposals 0 0 1 n/a -100.0 0 2 -100.0
South Central 1 0 0 n/a n/a 2 8 -75.0
Bankruptcies 0 0 0 n/a n/a 1 6 -83.3
Proposals 1 0 0 n/a n/a 1 2 -50.0
Southwest 2 0 4 n/a -50.0 10 5 100.0
Bankruptcies 1 0 4 n/a -75.0 4 5 -20.0
Proposals 1 0 0 n/a n/a 6 0 n/a
North Central 0 2 0 -100.0 n/a 2 1 100.0
Bankruptcies 0 2 0 -100.0 n/a 2 1 100.0
Proposals 0 0 0 n/a n/a 0 0 n/a
Winnipeg 2 4 4 -50.0 -50.0 17 19 -10.5
Bankruptcies 1 3 4 -66.7 -75.0 13 10 30.0
Proposals 1 1 0 0.0 n/a 4 9 -55.6
Interlake 0 2 0 -100.0 n/a 6 5 20.0
Bankruptcies 0 2 0 -100.0 n/a 6 5 20.0
Proposals 0 0 0 n/a n/a 0 0 n/a
Parklands 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
North 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
Saskatchewan 22 41 25 -46.3 -12.0 121 120 0.8
Bankruptcies 18 32 21 -43.8 -14.3 90 92 -2.2
Proposals 4 9 4 -55.6 0.0 31 28 10.7
Regina – Moose Mountain 9 8 6 12.5 50.0 40 48 -16.7
Bankruptcies 5 5 5 0.0 0.0 24 36 -33.3
Proposals 4 3 1 33.3 300.0 16 12 33.3
Swift Current – Moose Jaw 1 10 5 -90.0 -80.0 20 11 81.8
Bankruptcies 1 6 4 -83.3 -75.0 13 8 62.5
Proposals 0 4 1 -100.0 -100.0 7 3 133.3
Saskatoon – Biggar 5 12 5 -58.3 0.0 28 31 -9.7
Bankruptcies 5 11 5 -54.5 0.0 24 23 4.3
Proposals 0 1 0 -100.0 n/a 4 8 -50.0
Yorkton – Melville 2 3 3 -33.3 -33.3 10 12 -16.7
Bankruptcies 2 2 3 0.0 -33.3 6 12 -50.0
Proposals 0 1 0 -100.0 n/a 4 0 n/a
Prince Albert 4 6 5 -33.3 -20.0 19 15 26.7
Bankruptcies 4 6 4 -33.3 0.0 19 12 58.3
Proposals 0 0 1 n/a -100.0 0 3 -100.0
Northern 0 2 0 -100.0 n/a 2 0 n/a
Bankruptcies 0 2 0 -100.0 n/a 2 0 n/a
Proposals 0 0 0 n/a n/a 0 0 n/a
Alberta 48 60 35 -20.0 37.1 206 134 53.7
Bankruptcies 28 41 27 -31.7 3.7 140 100 40.0
Proposals 20 19 8 5.3 150.0 66 34 94.1
Lethbridge – Medicine Hat 1 0 1 n/a 0.0 3 1 200.0
Bankruptcies 1 0 1 n/a 0.0 3 1 200.0
Proposals 0 0 0 n/a n/a 0 0 n/a
Camrose – Drumheller 0 0 0 n/a n/a 4 1 300.0
Bankruptcies 0 0 0 n/a n/a 2 1 100.0
Proposals 0 0 0 n/a n/a 2 0 n/a
Calgary 19 32 18 -40.6 5.6 102 65 56.9
Bankruptcies 16 24 14 -33.3 14.3 72 53 35.8
Proposals 3 8 4 -62.5 -25.0 30 12 150.0
Banff – Jasper – Rocky Mountain House 0 0 0 n/a n/a 1 2 -50.0
Bankruptcies 0 0 0 n/a n/a 1 2 -50.0
Proposals 0 0 0 n/a n/a 0 0 n/a
Red Deer 0 1 1 -100.0 -100.0 4 7 -42.9
Bankruptcies 0 1 1 -100.0 -100.0 4 7 -42.9
Proposals 0 0 0 n/a n/a 0 0 n/a
Edmonton 23 20 14 15.0 64.3 74 51 45.1
Bankruptcies 7 12 10 -41.7 -30.0 44 30 46.7
Proposals 16 8 4 100.0 300.0 30 21 42.9
Athabasca – Grande Prairie – Peace River 4 3 0 33.3 n/a 12 6 100.0
Bankruptcies 3 3 0 0.0 n/a 11 5 120.0
Proposals 1 0 0 n/a n/a 1 1 0.0
Wood Buffalo – Cold Lake 1 3 2 -66.7 -50.0 5 2 150.0
Bankruptcies 1 1 1 0.0 0.0 3 1 200.0
Proposals 0 2 1 -100.0 -100.0 2 1 100.0
British Columbia 26 37 42 -29.7 -38.1 159 229 -30.6
Bankruptcies 22 31 30 -29.0 -26.7 131 162 -19.1
Proposals 4 6 12 -33.3 -66.7 28 67 -58.2
Vancouver Island and Coast 4 3 6 33.3 -33.3 17 39 -56.4
Bankruptcies 3 0 4 n/a -25.0 10 29 -65.5
Proposals 1 3 2 -66.7 -50.0 7 10 -30.0
Lower Mainland – Southwest 18 28 28 -35.7 -35.7 115 137 -16.1
Bankruptcies 16 25 19 -36.0 -15.8 99 94 5.3
Proposals 2 3 9 -33.3 -77.8 16 43 -62.8
Thompson – Okanagan 4 4 5 0.0 -20.0 15 38 -60.5
Bankruptcies 2 4 5 -50.0 -60.0 13 29 -55.2
Proposals 2 0 0 n/a n/a 2 9 -77.8
Kootenay 0 0 0 n/a n/a 4 1 300.0
Bankruptcies 0 0 0 n/a n/a 2 1 100.0
Proposals 0 0 0 n/a n/a 2 0 n/a
Cariboo 1 2 1 -50.0 0.0 6 3 100.0
Bankruptcies 1 2 1 -50.0 0.0 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 0 n/a n/a 0 2 -100.0
Bankruptcies 0 0 0 n/a n/a 0 2 -100.0
Proposals 0 0 0 n/a n/a 0 0 n/a
Northeast 0 0 0 n/a n/a 1 6 -83.3
Bankruptcies 0 0 0 n/a n/a 0 3 -100.0
Proposals 0 0 0 n/a n/a 1 3 -66.7
Northwest Territories 0 1 0 -100.0 n/a 1 0 n/a
Bankruptcies 0 1 0 -100.0 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 0 n/a n/a 0 1 -100.0
Bankruptcies 0 0 0 n/a n/a 0 1 -100.0
Proposals 0 0 0 n/a n/a 0 0 n/a
Date modified: