Insolvency Statistics in Canada — 2022 (Tables 7 and 8)

 
Table 7: BIA Insolvencies Filed by Consumers by CMA
- Province Volume Assets Declared at the Time of Filing ($)
2022
Liabilities Declared at the Time of Filing ($)
2022
2022 2021 % Change
St. John's N.L. 711 627 13.4 84,388,894 99,300,104
Bankruptcies
235 252 -6.7 15,896,002 28,219,927
Proposals
476 375 26.9 68,492,892 71,080,177
Halifax N.S. 1,295 1,126 15.0 55,978,754 89,052,649
Bankruptcies
452 475 -4.8 9,731,792 30,764,698
Proposals
843 651 29.5 46,246,962 58,287,951
Moncton N.B. 628 600 4.7 36,511,426 49,346,983
Bankruptcies
190 246 -22.8 4,632,073 13,682,306
Proposals
438 354 23.7 31,879,353 35,664,677
Saint John N.B. 533 502 6.2 30,986,862 45,083,025
Bankruptcies
205 206 -0.5 4,128,238 17,262,344
Proposals
328 296 10.8 26,858,624 27,820,681
Saguenay Que. 550 562 -2.1 32,605,891 39,254,074
Bankruptcies
206 257 -19.8 8,327,056 13,394,044
Proposals
344 305 12.8 24,278,835 25,860,030
Quebec Que. 2,328 2,198 5.9 120,597,487 171,587,071
Bankruptcies
753 907 -17.0 21,872,958 51,703,875
Proposals
1,575 1,291 22.0 98,724,529 119,883,196
Sherbrooke Que. 682 705 -3.3 19,653,450 34,750,848
Bankruptcies
293 343 -14.6 4,071,967 14,248,026
Proposals
389 362 7.5 15,581,483 20,502,822
Trois-Rivières Que. 610 547 11.5 22,790,409 36,272,079
Bankruptcies
261 273 -4.4 5,211,230 14,100,517
Proposals
349 274 27.4 17,579,179 22,171,562
Montreal Que. 10,311 9,707 6.2 370,382,208 857,254,146
Bankruptcies
3,636 4,114 -11.6 49,342,630 272,271,677
Proposals
6,675 5,593 19.3 321,039,578 584,982,469
Ottawa – Gatineau Ont./Que 3,241 2,947 10.0 128,037,787 224,812,876
Bankruptcies
891 1,060 -15.9 15,641,136 72,622,123
Proposals
2,350 1,887 24.5 112,396,651 152,190,753
Kingston Ont. 472 457 3.3 15,748,456 25,223,550
Bankruptcies
139 120 15.8 2,013,034 8,463,446
Proposals
333 337 -1.2 13,735,422 16,760,104
Peterborough Ont. 317 260 21.9 12,747,917 16,828,322
Bankruptcies
57 69 -17.4 830,110 2,792,680
Proposals
260 191 36.1 11,917,807 14,035,642
Oshawa Ont. 999 920 8.6 55,751,134 68,682,054
Bankruptcies
190 199 -4.5 4,797,258 14,314,671
Proposals
809 721 12.2 50,953,876 54,367,383
Toronto Ont. 13,123 11,385 15.3 649,329,107 1,046,961,315
Bankruptcies
2,255 2,451 -8.0 54,398,418 309,190,092
Proposals
10,868 8,934 21.6 594,930,689 737,771,223
Hamilton Ont. 1,862 1,477 26.1 90,408,756 113,364,420
Bankruptcies
376 364 3.3 3,902,047 20,638,547
Proposals
1,486 1,113 33.5 86,506,709 92,725,873
St. Catherines – Niagara Ont. 1,161 973 19.3 57,051,368 72,742,854
Bankruptcies
311 274 13.5 5,673,544 21,801,527
Proposals
850 699 21.6 51,377,824 50,941,327
Kitchener Ont. 1,283 1,164 10.2 62,362,528 82,342,644
Bankruptcies
228 284 -19.7 5,365,740 17,497,810
Proposals
1,055 880 19.9 56,996,788 64,844,834
Brantford Ont. 368 323 13.9 15,811,144 20,026,693
Bankruptcies
52 71 -26.8 579,138 2,798,970
Proposals
316 252 25.4 15,232,006 17,227,723
Guelph Ont. 365 315 15.9 16,541,322 24,203,654
Bankruptcies
66 88 -25.0 2,125,798 7,971,818
Proposals
299 227 31.7 14,415,524 16,231,836
London Ont. 1,549 1,358 14.1 53,734,493 81,409,609
Bankruptcies
333 348 -4.3 6,157,137 20,661,412
Proposals
1,216 1,010 20.4 47,577,356 60,748,197
Windsor Ont. 960 808 18.8 38,069,061 58,465,799
Bankruptcies
188 176 6.8 2,197,178 13,071,164
Proposals
772 632 22.2 35,871,883 45,394,635
Barrie Ont. 712 586 21.5 36,612,594 44,710,227
Bankruptcies
124 149 -16.8 2,366,416 9,960,310
Proposals
588 437 34.6 34,246,178 34,749,917
Greater Sudbury Ont. 638 515 23.9 29,302,265 39,640,571
Bankruptcies
165 151 9.3 2,583,014 7,923,219
Proposals
473 364 29.9 26,719,251 31,717,352
Thunder Bay Ont. 297 309 -3.9 20,229,792 23,460,599
Bankruptcies
97 128 -24.2 2,747,504 5,508,893
Proposals
200 181 10.5 17,482,288 17,951,706
Winnipeg Man. 1,733 1,523 13.8 125,351,097 177,371,542
Bankruptcies
462 457 1.1 16,235,304 56,240,163
Proposals
1,271 1,066 19.2 109,115,793 121,131,379
Regina Sask. 728 680 7.1 110,406,398 105,923,113
Bankruptcies
164 174 -5.7 17,685,175 26,387,692
Proposals
564 506 11.5 92,721,223 79,535,421
Saskatoon Sask. 799 705 13.3 102,548,140 108,775,877
Bankruptcies
151 186 -18.8 12,806,546 18,983,929
Proposals
648 519 24.9 89,741,594 89,791,948
Calgary Alta. 4,222 4,022 5.0 456,067,180 596,216,752
Bankruptcies
739 844 -12.4 44,127,432 129,960,509
Proposals
3,483 3,178 9.6 411,939,748 466,256,243
Edmonton Alta. 4,591 4,283 7.2 540,535,178 666,632,762
Bankruptcies
722 815 -11.4 55,066,314 126,482,616
Proposals
3,869 3,468 11.6 485,468,864 540,150,146
Kelowna B.C. 446 416 7.2 27,293,311 37,254,285
Bankruptcies
82 121 -32.2 4,511,260 8,525,126
Proposals
364 295 23.4 22,782,051 28,729,159
Abbotsford B.C. 416 346 20.2 17,176,942 32,038,064
Bankruptcies
76 94 -19.1 3,773,252 12,435,182
Proposals
340 252 34.9 13,403,690 19,602,882
Vancouver B.C. 4,368 3,787 15.3 2,093,020,430 345,863,738
Bankruptcies
757 943 -19.7 17,822,263 95,540,125
Proposals
3,611 2,844 27.0 2,075,198,167 250,323,613
Victoria B.C. 796 680 17.1 27,220,743 59,677,988
Bankruptcies
135 152 -11.2 4,429,065 18,374,206
Proposals
661 528 25.2 22,791,678 41,303,782
Table 8: BIA Insolvencies Filed by Businesses by CMA
- Province Volume Assets Declared at the Time of Filing ($)
2022
Liabilities Declared at the Time of Filing ($)
2022
2022 2021 % Change
St. John's N.L. 6 6 0.0 414,432 1,621,867
Bankruptcies
5 5 0.0 79,932 824,267
Proposals
1 1 0.0 334,500 797,600
Halifax N.S. 16 9 77.8 1,015,327 24,775,701
Bankruptcies
7 6 16.7 695,349 23,152,443
Proposals
9 3 200.0 319,978 1,623,258
Moncton N.B. 5 3 66.7 3,273,662 7,330,571
Bankruptcies
3 2 50.0 3,088,781 7,080,103
Proposals
2 1 100.0 184,881 250,468
Saint John N.B. 5 0 -- 113,002 676,603
Bankruptcies
3 0 -- 113,002 676,603
Proposals
2 0 -- 0 0
Saguenay Que. 33 18 83.3 5,955,768 12,720,495
Bankruptcies
28 15 86.7 4,479,343 11,814,710
Proposals
5 3 66.7 1,476,425 905,785
Quebec Que. 179 167 7.2 8,136,752 81,394,985
Bankruptcies
149 135 10.4 6,924,595 60,747,631
Proposals
30 32 -6.3 1,212,157 20,647,354
Sherbrooke Que. 32 17 88.2 11,506,205 39,009,602
Bankruptcies
28 14 100.0 11,070,521 38,123,287
Proposals
4 3 33.3 435,684 886,315
Trois-Rivières Que. 51 22 131.8 577,608 7,612,519
Bankruptcies
40 19 110.5 465,890 6,802,991
Proposals
11 3 266.7 111,718 809,528
Montreal Que. 1,045 818 27.8 37,819,811 1,068,837,284
Bankruptcies
876 672 30.4 31,313,783 743,480,417
Proposals
169 146 15.8 6,506,028 325,356,867
Ottawa – Gatineau Ont./Que 121 102 18.6 5,554,736 44,456,988
Bankruptcies
91 84 8.3 4,500,333 35,050,580
Proposals
30 18 66.7 1,054,403 9,406,408
Kingston Ont. 2 2 0.0 79,765 2,402,613
Bankruptcies
2 1 100.0 79,765 2,402,613
Proposals
0 1 -100.0 0 0
Peterborough Ont. 4 2 100.0 73,602 379,848
Bankruptcies
3 2 50.0 73,602 379,848
Proposals
1 0 -- 0 0
Oshawa Ont. 12 11 9.1 2,043,313 14,386,715
Bankruptcies
6 7 -14.3 1,856,012 13,974,628
Proposals
6 4 50.0 187,301 412,087
Toronto Ont. 511 339 50.7 252,652,960 1,422,751,824
Bankruptcies
379 254 49.2 229,962,329 1,277,461,507
Proposals
132 85 55.3 22,690,631 145,290,317
Hamilton Ont. 55 38 44.7 4,850,446 163,753,903
Bankruptcies
42 25 68.0 3,475,402 160,696,462
Proposals
13 13 0.0 1,375,044 3,057,441
St. Catherines – Niagara Ont. 18 5 260.0 221,438 9,659,844
Bankruptcies
16 3 433.3 149,121 9,356,841
Proposals
2 2 0.0 72,317 303,003
Kitchener Ont. 30 12 150.0 3,129,835 19,981,371
Bankruptcies
18 10 80.0 2,421,763 14,903,763
Proposals
12 2 500.0 708,072 5,077,608
Brantford Ont. 7 7 0.0 127,486 1,291,528
Bankruptcies
5 4 25.0 127,486 1,289,528
Proposals
2 3 -33.3 0 2,000
Guelph Ont. 5 6 -16.7 101,028 1,419,209
Bankruptcies
5 3 66.7 101,028 1,419,209
Proposals
0 3 -100.0 0 0
London Ont. 25 19 31.6 2,494,298 11,078,180
Bankruptcies
14 13 7.7 1,229,921 7,244,725
Proposals
11 6 83.3 1,264,377 3,833,455
Windsor Ont. 9 17 -47.1 36,150 4,810,389
Bankruptcies
6 14 -57.1 16,150 4,057,694
Proposals
3 3 0.0 20,000 752,695
Barrie Ont. 10 5 100.0 979,822 3,156,119
Bankruptcies
6 3 100.0 961,420 2,831,820
Proposals
4 2 100.0 18,402 324,299
Greater Sudbury Ont. 7 4 75.0 559,171 2,096,758
Bankruptcies
5 3 66.7 559,169 2,094,758
Proposals
2 1 100.0 2 2,000
Thunder Bay Ont. 4 0 -- 932,231 361,491
Bankruptcies
2 0 -- 476,581 113,195
Proposals
2 0 -- 455,650 248,296
Winnipeg Man. 17 18 -5.6 4,956,707 12,981,456
Bankruptcies
9 12 -25.0 2,013,265 6,547,976
Proposals
8 6 33.3 2,943,442 6,433,480
Regina Sask. 6 7 -14.3 608,524 5,549,355
Bankruptcies
6 5 20.0 608,524 5,549,355
Proposals
0 2 -100.0 0 0
Saskatoon Sask. 21 19 10.5 986,961 41,875,824
Bankruptcies
9 16 -43.8 804,931 21,416,863
Proposals
12 3 300.0 182,030 20,458,961
Calgary Alta. 98 47 108.5 12,975,046 480,223,448
Bankruptcies
47 36 30.6 9,584,587 472,639,593
Proposals
51 11 363.6 3,390,459 7,583,855
Edmonton Alta. 64 51 25.5 27,178,662 148,248,101
Bankruptcies
41 23 78.3 23,183,980 138,040,836
Proposals
23 28 -17.9 3,994,682 10,207,265
Kelowna B.C. 9 4 125.0 665,502 18,143,989
Bankruptcies
5 4 25.0 542,510 13,346,270
Proposals
4 0 -- 122,992 4,797,719
Abbotsford B.C. 9 1 800.0 1,838,833 3,066,497
Bankruptcies
5 1 400.0 1,718,187 2,774,928
Proposals
4 0 -- 120,646 291,569
Vancouver B.C. 79 39 102.6 22,183,068 194,666,635
Bankruptcies
54 27 100.0 22,043,801 151,229,000
Proposals
25 12 108.3 139,267 43,437,635
Victoria B.C. 5 3 66.7 561,702 4,741,658
Bankruptcies
3 2 50.0 554,201 4,586,671
Proposals
2 1 100.0 7,501 154,987