Tables
- Table 1: Total Insolvencies
- Table 2: Insolvencies Filed by Consumers
- Table 3: Insolvencies Filed by Businesses
- Table 4: Insolvencies by NAICS Economic Sectors, Canada
- Table 5: Insolvencies Filed by Consumers by Economic Region (ER)
- Table 6: Insolvencies Filed by Businesses by ER
- Table 7: Insolvencies Filed by Consumers by Census Metropolitan Area (CMA)
- Table 8: Insolvencies Filed by Businesses by CMA
Glossary
- Consumer:
- An individual with more than 50 percent of total liabilities related to consumer goods and services.
- Business:
- Any commercial entity or organization other than an individual, or an individual who has incurred 50 percent or more of total liabilities as a result of operating a business.
- Bankruptcy:
- The state of a consumer or a business that has made an assignment in bankruptcy or against whom a bankruptcy order has been made.
- Proposal:
- An offer to creditors to settle debts under conditions other than the existing terms. A proposal is a formal agreement under the Bankruptcy and Insolvency Act.
- NAICS:
- North American Industry Classification System.
- Census Metropolitan Area (CMA):
- Each area consists of one or more adjacent municipalities situated around a major urban core. To form a census metropolitan area, the urban core must have a population of at least 100,000. For Statistics Canada's geographical definitions of the CMAs, go to CMA and CA: Detailed definition.
- Economic Region (ER):
- Standard geographical units created for analysis of regional economic activity. For Statistics Canada's geographical definitions of ERs, go to Economic region (ER).
| province | Volume | % Change | 12-Month Period Ending | |||||
|---|---|---|---|---|---|---|---|---|
| Q3 2014 | Q2 2014 | Q3 2013 | Q2 2014 to Q3 2014 | Q3 2013 to Q3 2014 | 09-30-2014 | 09-30-2013 | % Change | |
| Newfoundland and Labrador | 381 | 433 | 414 | -12.0 | -8.0 | 1,579 | 1,734 | -8.9 |
Bankruptcies | 325 | 391 | 368 | -16.9 | -11.7 | 1,395 | 1,589 | -12.2 |
Proposals | 56 | 42 | 46 | 33.3 | 21.7 | 184 | 145 | 26.9 |
| Prince Edward Island | 217 | 180 | 188 | 20.6 | 15.4 | 742 | 641 | 15.8 |
Bankruptcies | 157 | 135 | 127 | 16.3 | 23.6 | 523 | 480 | 9.0 |
Proposals | 60 | 45 | 61 | 33.3 | -1.6 | 219 | 161 | 36.0 |
| Nova Scotia | 1,395 | 1,469 | 1,278 | -5.0 | 9.2 | 5,146 | 4,670 | 10.2 |
Bankruptcies | 999 | 1,056 | 864 | -5.4 | 15.6 | 3,659 | 3,293 | 11.1 |
Proposals | 396 | 413 | 414 | -4.1 | -4.3 | 1,487 | 1,377 | 8.0 |
| New Brunswick | 1,149 | 1,179 | 1,077 | -2.5 | 6.7 | 4,303 | 3,905 | 10.2 |
Bankruptcies | 805 | 833 | 753 | -3.4 | 6.9 | 3,016 | 2,857 | 5.6 |
Proposals | 344 | 346 | 324 | -0.6 | 6.2 | 1,287 | 1,048 | 22.8 |
| Quebec | 10,650 | 11,195 | 10,275 | -4.9 | 3.6 | 43,111 | 41,266 | 4.5 |
Bankruptcies | 6,317 | 6,862 | 6,687 | -7.9 | -5.5 | 26,019 | 26,747 | -2.7 |
Proposals | 4,333 | 4,333 | 3,588 | 0.0 | 20.8 | 17,092 | 14,519 | 17.7 |
| Ontario | 10,303 | 11,128 | 11,031 | -7.4 | -6.6 | 42,884 | 46,149 | -7.1 |
Bankruptcies | 4,907 | 5,320 | 5,553 | -7.8 | -11.6 | 20,679 | 23,073 | -10.4 |
Proposals | 5,396 | 5,808 | 5,478 | -7.1 | -1.5 | 22,205 | 23,076 | -3.8 |
| Manitoba | 508 | 519 | 491 | -2.1 | 3.5 | 1,938 | 1,888 | 2.6 |
Bankruptcies | 334 | 320 | 316 | 4.4 | 5.7 | 1,252 | 1,253 | -0.1 |
Proposals | 174 | 199 | 175 | -12.6 | -0.6 | 686 | 635 | 8.0 |
| Saskatchewan | 526 | 533 | 468 | -1.3 | 12.4 | 2,018 | 1,752 | 15.2 |
Bankruptcies | 288 | 309 | 300 | -6.8 | -4.0 | 1,175 | 1,065 | 10.3 |
Proposals | 238 | 224 | 168 | 6.3 | 41.7 | 843 | 687 | 22.7 |
| Alberta | 2,006 | 2,287 | 2,017 | -12.3 | -0.5 | 8,291 | 8,757 | -5.3 |
Bankruptcies | 921 | 1,090 | 1,168 | -15.5 | -21.1 | 4,065 | 5,103 | -20.3 |
Proposals | 1,085 | 1,197 | 849 | -9.4 | 27.8 | 4,226 | 3,654 | 15.7 |
| British Columbia | 2,876 | 3,157 | 2,918 | -8.9 | -1.4 | 11,769 | 11,894 | -1.1 |
Bankruptcies | 1,554 | 1,873 | 1,715 | -17.0 | -9.4 | 6,866 | 7,310 | -6.1 |
Proposals | 1,322 | 1,284 | 1,203 | 3.0 | 9.9 | 4,903 | 4,584 | 7.0 |
| Northwest Territories | 8 | 11 | 13 | -27.3 | -38.5 | 51 | 51 | 0.0 |
Bankruptcies | 3 | 6 | 9 | -50.0 | -66.7 | 27 | 31 | -12.9 |
Proposals | 5 | 5 | 4 | 0.0 | 25.0 | 24 | 20 | 20.0 |
| Yukon | 11 | 11 | 4 | 0.0 | 175.0 | 42 | 35 | 20.0 |
Bankruptcies | 7 | 6 | 3 | 16.7 | 133.3 | 28 | 24 | 16.7 |
Proposals | 4 | 5 | 1 | -20.0 | 300.0 | 14 | 11 | 27.3 |
| Nunavut | 1 | 0 | 1 | -- | 0.0 | 6 | 4 | 50.0 |
Bankruptcies | 0 | 0 | 1 | -- | -100.0 | 3 | 2 | 50.0 |
Proposals | 1 | 0 | 0 | -- | -- | 3 | 2 | 50.0 |
| Canada | 30,031 | 32,102 | 30,175 | -6.5 | -0.5 | 121,880 | 122,746 | -0.7 |
Bankruptcies | 16,617 | 18,201 | 17,864 | -8.7 | -7.0 | 68,707 | 72,827 | -5.7 |
Proposals | 13,414 | 13,901 | 12,311 | -3.5 | 9.0 | 53,173 | 49,919 | 6.5 |
| Province | Volume | % Change | 12-Month Period Ending | |||||
|---|---|---|---|---|---|---|---|---|
| Q3 2014 | Q2 2014 | Q3 2013 | Q2 2014 to Q3 2014 | Q3 2013 to Q3 2014 | 09-30-2014 | 09-30-2013 | % Change | |
| Newfoundland and Labrador | 378 | 427 | 402 | -11.5 | -6.0 | 1,555 | 1,705 | -8.8 |
Bankruptcies | 322 | 386 | 364 | -16.6 | -11.5 | 1,374 | 1,571 | -12.5 |
Proposals | 56 | 41 | 38 | 36.6 | 47.4 | 181 | 134 | 35.1 |
| Prince Edward Island | 212 | 174 | 180 | 21.8 | 17.8 | 722 | 623 | 15.9 |
Bankruptcies | 154 | 130 | 121 | 18.5 | 27.3 | 509 | 466 | 9.2 |
Proposals | 58 | 44 | 59 | 31.8 | -1.7 | 213 | 157 | 35.7 |
| Nova Scotia | 1,376 | 1,446 | 1,251 | -4.8 | 10.0 | 5,060 | 4,552 | 11.2 |
Bankruptcies | 986 | 1,039 | 842 | -5.1 | 17.1 | 3,603 | 3,200 | 12.6 |
Proposals | 390 | 407 | 409 | -4.2 | -4.6 | 1,457 | 1,352 | 7.8 |
| New Brunswick | 1,135 | 1,158 | 1,059 | -2.0 | 7.2 | 4,215 | 3,833 | 10.0 |
Bankruptcies | 793 | 817 | 740 | -2.9 | 7.2 | 2,945 | 2,801 | 5.1 |
Proposals | 342 | 341 | 319 | 0.3 | 7.2 | 1,270 | 1,032 | 23.1 |
| Quebec | 10,134 | 10,594 | 9,768 | -4.3 | 3.7 | 40,865 | 39,162 | 4.3 |
Bankruptcies | 5,932 | 6,425 | 6,305 | -7.7 | -5.9 | 24,354 | 25,209 | -3.4 |
Proposals | 4,202 | 4,169 | 3,463 | 0.8 | 21.3 | 16,511 | 13,953 | 18.3 |
| Ontario | 10,051 | 10,857 | 10,754 | -7.4 | -6.5 | 41,785 | 44,908 | -7.0 |
Bankruptcies | 4,693 | 5,117 | 5,323 | -8.3 | -11.8 | 19,832 | 22,097 | -10.3 |
Proposals | 5,358 | 5,740 | 5,431 | -6.7 | -1.3 | 21,953 | 22,811 | -3.8 |
| Manitoba | 499 | 500 | 469 | -0.2 | 6.4 | 1,876 | 1,824 | 2.9 |
Bankruptcies | 329 | 303 | 298 | 8.6 | 10.4 | 1,202 | 1,199 | 0.3 |
Proposals | 170 | 197 | 171 | -13.7 | -0.6 | 674 | 625 | 7.8 |
| Saskatchewan | 503 | 498 | 442 | 1.0 | 13.8 | 1,891 | 1,639 | 15.4 |
Bankruptcies | 276 | 289 | 284 | -4.5 | -2.8 | 1,102 | 997 | 10.5 |
Proposals | 227 | 209 | 158 | 8.6 | 43.7 | 789 | 642 | 22.9 |
| Alberta | 1,969 | 2,256 | 1,979 | -12.7 | -0.5 | 8,134 | 8,542 | -4.8 |
Bankruptcies | 898 | 1,065 | 1,139 | -15.7 | -21.2 | 3,956 | 4,954 | -20.1 |
Proposals | 1,071 | 1,191 | 840 | -10.1 | 27.5 | 4,178 | 3,588 | 16.4 |
| British Columbia | 2,811 | 3,086 | 2,867 | -8.9 | -2.0 | 11,504 | 11,632 | -1.1 |
Bankruptcies | 1,502 | 1,813 | 1,678 | -17.2 | -10.5 | 6,663 | 7,122 | -6.4 |
Proposals | 1,309 | 1,273 | 1,189 | 2.8 | 10.1 | 4,841 | 4,510 | 7.3 |
| Northwest Territories | 8 | 11 | 13 | -27.3 | -38.5 | 51 | 51 | 0.0 |
Bankruptcies | 3 | 6 | 9 | -50.0 | -66.7 | 27 | 31 | -12.9 |
Proposals | 5 | 5 | 4 | 0.0 | 25.0 | 24 | 20 | 20.0 |
| Yukon | 11 | 11 | 4 | 0.0 | 175.0 | 42 | 33 | 27.3 |
Bankruptcies | 7 | 6 | 3 | 16.7 | 133.3 | 28 | 22 | 27.3 |
Proposals | 4 | 5 | 1 | -20.0 | 300.0 | 14 | 11 | 27.3 |
| Nunavut | 1 | 0 | 1 | -- | 0.0 | 6 | 4 | 50.0 |
Bankruptcies | 0 | 0 | 1 | -- | -100.0 | 3 | 2 | 50.0 |
Proposals | 1 | 0 | 0 | -- | -- | 3 | 2 | 50.0 |
| Canada | 29,088 | 31,018 | 29,189 | -6.2 | -0.3 | 117,706 | 118,508 | -0.7 |
Bankruptcies | 15,895 | 17,396 | 17,107 | -8.6 | -7.1 | 65,598 | 69,671 | -5.8 |
Proposals | 13,193 | 13,622 | 12,082 | -3.1 | 9.2 | 52,108 | 48,837 | 6.7 |
| Province | Volume | % Change | 12-Month Period Ending | |||||
|---|---|---|---|---|---|---|---|---|
| Q3 2014 | Q2 2014 | Q3 2013 | Q2 2014 to Q3 2014 | Q3 2013 to Q3 2014 | 09-30-2014 | 09-30-2013 | % Change | |
| Newfoundland and Labrador | 3 | 6 | 12 | -50.0 | -75.0 | 24 | 29 | -17.2 |
Bankruptcies | 3 | 5 | 4 | -40.0 | -25.0 | 21 | 18 | 16.7 |
Proposals | 0 | 1 | 8 | -100.0 | -100.0 | 3 | 11 | -72.7 |
| Prince Edward Island | 5 | 6 | 8 | -16.7 | -37.5 | 20 | 18 | 11.1 |
Bankruptcies | 3 | 5 | 6 | -40.0 | -50.0 | 14 | 14 | 0.0 |
Proposals | 2 | 1 | 2 | 100.0 | 0.0 | 6 | 4 | 50.0 |
| Nova Scotia | 19 | 23 | 27 | -17.4 | -29.6 | 86 | 118 | -27.1 |
Bankruptcies | 13 | 17 | 22 | -23.5 | -40.9 | 56 | 93 | -39.8 |
Proposals | 6 | 6 | 5 | 0.0 | 20.0 | 30 | 25 | 20.0 |
| New Brunswick | 14 | 21 | 18 | -33.3 | -22.2 | 88 | 72 | 22.2 |
Bankruptcies | 12 | 16 | 13 | -25.0 | -7.7 | 71 | 56 | 26.8 |
Proposals | 2 | 5 | 5 | -60.0 | -60.0 | 17 | 16 | 6.3 |
| Quebec | 516 | 601 | 507 | -14.1 | 1.8 | 2,246 | 2,104 | 6.7 |
Bankruptcies | 385 | 437 | 382 | -11.9 | 0.8 | 1,665 | 1,538 | 8.3 |
Proposals | 131 | 164 | 125 | -20.1 | 4.8 | 581 | 566 | 2.7 |
| Ontario | 252 | 271 | 277 | -7.0 | -9.0 | 1,099 | 1,241 | -11.4 |
Bankruptcies | 214 | 203 | 230 | 5.4 | -7.0 | 847 | 976 | -13.2 |
Proposals | 38 | 68 | 47 | -44.1 | -19.1 | 252 | 265 | -4.9 |
| Manitoba | 9 | 19 | 22 | -52.6 | -59.1 | 62 | 64 | -3.1 |
Bankruptcies | 5 | 17 | 18 | -70.6 | -72.2 | 50 | 54 | -7.4 |
Proposals | 4 | 2 | 4 | 100.0 | 0.0 | 12 | 10 | 20.0 |
| Saskatchewan | 23 | 35 | 26 | -34.3 | -11.5 | 127 | 113 | 12.4 |
Bankruptcies | 12 | 20 | 16 | -40.0 | -25.0 | 73 | 68 | 7.4 |
Proposals | 11 | 15 | 10 | -26.7 | 10.0 | 54 | 45 | 20.0 |
| Alberta | 37 | 31 | 38 | 19.4 | -2.6 | 157 | 215 | -27.0 |
Bankruptcies | 23 | 25 | 29 | -8.0 | -20.7 | 109 | 149 | -26.8 |
Proposals | 14 | 6 | 9 | 133.3 | 55.6 | 48 | 66 | -27.3 |
| British Columbia | 65 | 71 | 51 | -8.5 | 27.5 | 265 | 262 | 1.1 |
Bankruptcies | 52 | 60 | 37 | -13.3 | 40.5 | 203 | 188 | 8.0 |
Proposals | 13 | 11 | 14 | 18.2 | -7.1 | 62 | 74 | -16.2 |
| Northwest Territories | 0 | 0 | 0 | -- | -- | 0 | 0 | -- |
Bankruptcies | 0 | 0 | 0 | -- | -- | 0 | 0 | -- |
Proposals | 0 | 0 | 0 | -- | -- | 0 | 0 | -- |
| Yukon | 0 | 0 | 0 | -- | -- | 0 | 2 | -100.0 |
Bankruptcies | 0 | 0 | 0 | -- | -- | 0 | 2 | -100.0 |
Proposals | 0 | 0 | 0 | -- | -- | 0 | 0 | -- |
| Nunavut | 0 | 0 | 0 | -- | -- | 0 | 0 | -- |
Bankruptcies | 0 | 0 | 0 | -- | -- | 0 | 0 | -- |
Proposals | 0 | 0 | 0 | -- | -- | 0 | 0 | -- |
| Canada | 943 | 1,084 | 986 | -13.0 | -4.4 | 4,174 | 4,238 | -1.5 |
Bankruptcies | 722 | 805 | 757 | -10.3 | -4.6 | 3,109 | 3,156 | -1.5 |
Proposals | 221 | 279 | 229 | -20.8 | -3.5 | 1,065 | 1,082 | -1.6 |