CCAA Statistics in Canada—Third Quarter of 2012

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Tables

Definitions

CCAA:

The Companies' Creditors Arrangement Act (CCAA) is a federal law allowing insolvent corporations that owe their creditors in excess of $5 million to restructure their business and financial affairs. CCAA proceedings are carried out under supervision of the courts.

Cross-Border Proceedings:

When a proceeding is filed in a foreign jurisdiction where the debtor company has the centre of its main interests. it is referred to as a foreign main proceeding. Proceedings brought before any other court would generally be referred to as foreign non-main proceedings.

North American Industry Classification System (NAICS):

The NAICS is an industry classification system that classifies economic units that have similar production processes in the same industry. This is a supply-based or production-oriented economic concept.

Table 1: Total CCAA Proceedings—Domestic
empty cell Volume +/-
Change
12-Month Period Ending
Q3 2012 Q2 2012 Q3 2011 Q2 2012 -
Q3 2012
Q3 2011 -
Q3 2012
09-30-2012 09-30-2011 +/-
Change
Total Domestic Proceedings FiledFootnote 1 9 11 10 -2 -1 49 30 19
Filing Affiliates 17 98 21 -81 -4 298 98 200
Filed by Publicly-Traded Companies 2 3 4 -1 -2 15 6 9
Filed by Privately-Held Companies 7 8 6 -1 1 34 24 10
Total Liabilities—
Book Value ($millions)Footnote 2
$891.875 $3,099.474 $6,838.528 $2,207.599 $5,946.653 $7,387.120 $8,423.355 $1,036.235
% of Secured Liabilities 52.91% 52.96% 86.75% Empty cell Empty cell 47.55% 75.15% Empty cell
% of Unsecured Liabilities 47.09% 47.04% 13.25% Empty cell Empty cell 52.45% 24.85% Empty cell
Total Assets— Book Value ($millions) $1,382.812 $4,452.146 $4,913.598 $3,069.334 $3,530.786 $9,461.844 $5,971.044 $3,490.800
Table 2: Total CCAA Proceedings—Cross-Border
empty cell Volume +/-
Change
12-Month Period Ending
Q3 2012 Q2 2012 Q3 2011 Q2 2012 -
Q3 2012
Q3 2011 -
2012
09-30-2012 09-30-2011 +/-
Change
Total Cross-Border Proceedings FiledFootnote 3 2 3 1 -1 1 6 5 1
Foreign Main Proceedings 2 3 1 -1 1 6 5 1
Foreign Non-Main Proceedings 0 0 0 0 0 0 0 0
Total Liabilities—
Book Value ($millions)Footnote 4
$214.856 $2,779.659Footnote 5 N/AFootnote 6 $2,564.803Footnote 5 N/AFootnote 6 $3,068.7405Footnote 5 $22,695.362Footnote 6 $19,626.622Footnote 5 Footnote 6
Total Assets—
Book Value ($millions)
$205.025 $4,693.821Footnote 5 N/AFootnote 6 $4,488.796Footnote 5 N/AFootnote 6 $4,918.1835Footnote 5 $24,534.114Footnote 6 $19,615.931Footnote 5 Footnote 6
Table 3: Total CCAA Proceedings Filed by Province
empty cell Volume +/-
Change
12-Month Period Ending
Q3 2012 Q2 2012 Q3 2011 Q2 2012 -
Q3 2012
Q3 2011 -
Q3 2012
09-30-2012 09-30-2011 +/-
Change
Newfoundland and Labrador Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell
Domestic Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell
Cross-Border Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell
Prince Edward Island Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell
Domestic Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell
Cross-Border Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell
Nova Scotia Empty cell Empty cell 1 Empty cell -1 1 2 -1
Domestic Empty cell Empty cell 1 Empty cell -1 1 2 -1
Cross-Border Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell
New Brunswick 1 Empty cell Empty cell 1 1 1 1 Empty cell
Domestic 1 Empty cell Empty cell 1 1 1 1 Empty cell
Cross-Border Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell
Quebec 1 1 4 Empty cell -3 7 9 -2
Domestic 1 1 4 Empty cell -3 7 8 -1
Cross-Border Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell 1 -1
Ontario 1 7 3 -6 -2 20 8 12
Domestic Empty cell 4 2 -4 -2 15 4 11
Cross-Border 1 3 1 -2 Empty cell 5 4 1
Manitoba 1 Empty cell Empty cell 1 1 2 Empty cell 2
Domestic 1 Empty cell Empty cell 1 1 2 Empty cell 2
Cross-Border Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell
Saskatchewan Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell 1 -1
Domestic Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell 1 -1
Cross-Border Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell
Alberta 5 3 2 2 3 12 4 8
Domestic 5 3 2 2 3 12 4 8
Cross-Border Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell
British Columbia 2 3 1 -1 1 12 10 2
Domestic 1 3 1 -2 Empty cell 11 10 1
Cross-Border 1 Empty cell Empty cell 1 1 1 Empty cell 1
Northwest Territories Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell
Domestic Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell
Cross-Border Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell
Yukon Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell
Domestic Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell
Cross-Border Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell
Nunavut Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell
Domestic Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell
Cross-Border Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell
Canada 11 14 11 -3 Empty cell 55 35 20
Domestic 9 11 10 -2 -1 49 30 19
Cross-Border 2 3 1 -1 1 6 5 1
Table 4: CCAA Proceedings Filed by NAICS Economic Sector, CanadaFootnote 7
empty cell Volume +/-
Change
12-Month Period Ending
Q3 2012 Q2 2012 Q3 2011 Q2 2012 -
Q3 2012
Q3 2011 -
Q3 2012
09-30-2012 09-30-2011 +/-
Change
Agriculture, Forestry, Fishing and Hunting 1 3 Empty cell -2 1 6 1 5
Domestic 1 3 Empty cell -2 1 6 1 5
Cross-Border Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell
Mining and Oil and Gas Extraction 2 Empty cell 2 2 Empty cell 5 4 1
Domestic 2 Empty cell 2 2 Empty cell 5 4 1
Cross-Border Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell
Facilities Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell
Domestic Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell
Cross-Border Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell
Construction 4 2 Empty cell 2 4 7 3 4
Domestic 4 2 Empty cell 2 4 7 3 4
Cross-Border Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell
Manufacturing 3 2 2 1 1 14 10 4
Domestic 2 2 2 Empty cell Empty cell 13 10 3
Cross-Border 1 Empty cell Empty cell 1 1 1 Empty cell 1
Wholesale Trade Empty cell Empty cell 1 Empty cell -1 2 3 -1
Domestic Empty cell Empty cell 1 Empty cell -1 2 3 -1
Cross-Border Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell
Retail Trade Empty cell 2 1 -2 -1 5 3 2
Domestic Empty cell 2 1 -2 -1 5 3 2
Cross-Border Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell
Transportation and warehousing Empty cell 1 Empty cell -1 Empty cell 3 2 1
Domestic Empty cell Empty cell Empty cell Empty cell Empty cell 2 Empty cell 2
Cross-Border Empty cell 1 Empty cell -1 Empty cell 1 2 -1
Information and Cultural Industries 1 1 Empty cell Empty cell 1 2 1 1
Domestic Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell
Cross-Border 1 1 Empty cell Empty cell 1 2 1 1
Finance insurance Empty cell 2 1 -2 -1 4 1 3
Domestic Empty cell 2 1 -2 -1 4 1 3
Cross-Border Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell
Real Estate, Rental and Leasing Empty cell Empty cell 1 Empty cell -1 3 2 1
Domestic Empty cell Empty cell 1 Empty cell -1 3 2 1
Cross-Border Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell
Professional, Scientific and Technical Services Empty cell 1 2 -1 -2 1 3 -2
Domestic Empty cell Empty cell 2 Empty cell -2 Empty cell 3 -3
Cross-Border Empty cell 1 Empty cell -1 Empty cell 1 Empty cell 1
Management of Companies and Enterprises 1 Empty cell Empty cell 1 1 2 2 Empty cell
Domestic 1 Empty cell Empty cell 1 1 2 2 Empty cell
Cross-Border Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell
Administrative and Support, Waste Management and Remediation Services Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell
Domestic Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell
Cross-Border Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell
Educational Services Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell
Domestic Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell
Cross-Border Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell
Health Care and Social Assistance Empty cell Empty cell Empty cell Empty cell Empty cell 1 Empty cell 1
Domestic Empty cell Empty cell Empty cell Empty cell Empty cell 1 Empty cell 1
Cross-Border Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell
Arts, Entertainment and Recreation Empty cell Empty cell Empty cell Empty cell Empty cell 1 1 Empty cell
Domestic Empty cell Empty cell Empty cell Empty cell Empty cell 1 1 Empty cell
Cross-Border Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell
Accommodation and Food Services Empty cell Empty cell 1 Empty cell -1 Empty cell 2 -2
Domestic Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell 1 -1
Cross-Border Empty cell Empty cell 1 Empty cell -1 Empty cell 1 -1
Other Services (except Public Administration) Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell
Domestic Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell
Cross-Border Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell
Public Administration Empty cell Empty cell Empty cell Empty cell Empty cell 1 2 -1
Domestic Empty cell Empty cell Empty cell Empty cell Empty cell Empty cell 1 -1
Cross-Border Empty cell Empty cell Empty cell Empty cell Empty cell 1 1 Empty cell
Canada 12 14 11 -2 1 57 40 17
Domestic 10 11 10 -1 Empty cell 51 35 16
Cross-Border 2 3 1 -1 1 6 5 1