Definitions
- 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.
- Bankruptcy and Insolvency Act (BIA)
- The federal act that provides the framework to file and administer insolvencies in Canada.
- Business
- Any commercial entity or organization other than an individual, or an individual who has incurred 50% or more of total liabilities as a result of operating a business.
- Consumer
- An individual with more than 50% of total liabilities related to consumer goods and services.
- Corporation
- A commercial entity or organization.
- Individual Business
- An individual who has incurred 50% or more of total liabilities as a result of operating a business.
- North American Industry Classification System ( NAICS )
- System that classifies economic units that have similar production processes in the same industry. This is a supply-based or production-oriented economic concept.
- 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.
Note:
Monthly statistics for insolvency volumes tend to vary widely. Quarterly and annual statistics can be more indicative of the evolution of insolvency volume.
| - | Volume | % Change | 12-Month Period Ending | |||||
|---|---|---|---|---|---|---|---|---|
| January 2023 | December 2022 | January 2022 | Dec. 2022 to Jan. 2023 |
Jan. 2022 to Jan. 2023 |
01-31-2023 | 01-31-2022 | % Change | |
| Newfoundland and Labrador | 139 | 150 | 120 | -7.3 | 15.8 | 1,959 | 1,733 | 13.0 |
|
Bankruptcies
|
50 | 56 | 44 | -10.7 | 13.6 | 690 | 648 | 6.5 |
|
Proposals
|
89 | 94 | 76 | -5.3 | 17.1 | 1,269 | 1,085 | 17.0 |
| Prince Edward Island | 37 | 40 | 33 | -7.5 | 12.1 | 450 | 389 | 15.7 |
|
Bankruptcies
|
12 | 14 | 14 | -14.3 | -14.3 | 169 | 173 | -2.3 |
|
Proposals
|
25 | 26 | 19 | -3.8 | 31.6 | 281 | 216 | 30.1 |
| Nova Scotia | 305 | 277 | 194 | 10.1 | 57.2 | 3,605 | 2,995 | 20.4 |
|
Bankruptcies
|
95 | 84 | 79 | 13.1 | 20.3 | 1,241 | 1,266 | -2.0 |
|
Proposals
|
210 | 193 | 115 | 8.8 | 82.6 | 2,364 | 1,729 | 36.7 |
| New Brunswick | 228 | 230 | 212 | -0.9 | 7.5 | 3,170 | 2,960 | 7.1 |
|
Bankruptcies
|
55 | 49 | 79 | 12.2 | -30.4 | 1,024 | 1,224 | -16.3 |
|
Proposals
|
173 | 181 | 133 | -4.4 | 30.1 | 2,146 | 1,736 | 23.6 |
| Quebec | 2,356 | 1,812 | 1,969 | 30.0 | 19.7 | 27,765 | 25,183 | 10.3 |
|
Bankruptcies
|
804 | 685 | 815 | 17.4 | -1.3 | 10,408 | 11,331 | -8.1 |
|
Proposals
|
1,552 | 1,127 | 1,154 | 37.7 | 34.5 | 17,357 | 13,852 | 25.3 |
| Ontario | 3,164 | 2,854 | 2,246 | 10.9 | 40.9 | 36,560 | 30,745 | 18.9 |
|
Bankruptcies
|
606 | 608 | 499 | -0.3 | 21.4 | 7,898 | 7,941 | -0.5 |
|
Proposals
|
2,558 | 2,246 | 1,747 | 13.9 | 46.4 | 28,662 | 22,804 | 25.7 |
| Manitoba | 258 | 262 | 157 | -1.5 | 64.3 | 2,908 | 2,494 | 16.6 |
|
Bankruptcies
|
71 | 73 | 36 | -2.7 | 97.2 | 786 | 786 | 0.0 |
|
Proposals
|
187 | 189 | 121 | -1.1 | 54.5 | 2,122 | 1,708 | 24.2 |
| Saskatchewan | 292 | 276 | 214 | 5.8 | 36.4 | 3,251 | 2,770 | 17.4 |
|
Bankruptcies
|
36 | 52 | 48 | -30.8 | -25.0 | 664 | 774 | -14.2 |
|
Proposals
|
256 | 224 | 166 | 14.3 | 54.2 | 2,587 | 1,996 | 29.6 |
| Alberta | 1,387 | 1,204 | 975 | 15.2 | 42.3 | 15,524 | 13,976 | 11.1 |
|
Bankruptcies
|
218 | 181 | 189 | 20.4 | 15.3 | 2,536 | 2,750 | -7.8 |
|
Proposals
|
1,169 | 1,023 | 786 | 14.3 | 48.7 | 12,988 | 11,226 | 15.7 |
| British Columbia | 891 | 875 | 646 | 1.8 | 37.9 | 10,565 | 8,757 | 20.6 |
|
Bankruptcies
|
173 | 158 | 143 | 9.5 | 21.0 | 1,956 | 2,182 | -10.4 |
|
Proposals
|
718 | 717 | 503 | 0.1 | 42.7 | 8,609 | 6,575 | 30.9 |
| Northwest Territories | 3 | 5 | 8 | -40.0 | -62.5 | 53 | 53 | 0.0 |
|
Bankruptcies
|
1 | 0 | 0 | -- | -- | 4 | 8 | -50.0 |
|
Proposals
|
2 | 5 | 8 | -60.0 | -75.0 | 49 | 45 | 8.9 |
| Yukon | 4 | 0 | 4 | -- | 0.0 | 49 | 35 | 40.0 |
|
Bankruptcies
|
1 | 0 | 0 | -- | -- | 7 | 8 | -12.5 |
|
Proposals
|
3 | 0 | 4 | -- | -25.0 | 42 | 27 | 55.6 |
| Nunavut | 2 | 2 | 1 | 0.0 | 100.0 | 14 | 12 | 16.7 |
|
Bankruptcies
|
0 | 0 | 0 | -- | -- | 0 | 1 | -100.0 |
|
Proposals
|
2 | 2 | 1 | 0.0 | 100.0 | 14 | 11 | 27.3 |
| Canada | 9,066 | 7,987 | 6,779 | 13.5 | 33.7 | 105,873 | 92,102 | 15.0 |
|
Bankruptcies
|
2,122 | 1,960 | 1,946 | 8.3 | 9.0 | 27,383 | 29,092 | -5.9 |
|
Proposals
|
6,944 | 6,027 | 4,833 | 15.2 | 43.7 | 78,490 | 63,010 | 24.6 |
| - | Volume | % Change | 12-Month Period Ending | |||||
|---|---|---|---|---|---|---|---|---|
| January 2023 | December 2022 | January 2022 | Dec. 2022 to Jan. 2023 |
Jan. 2022 to Jan. 2023 |
01-31-2023 | 01-31-2022 | % Change | |
| Newfoundland and Labrador | 139 | 150 | 120 | -7.3 | 15.8 | 1,947 | 1,722 | 13.1 |
|
Bankruptcies
|
50 | 56 | 44 | -10.7 | 13.6 | 680 | 638 | 6.6 |
|
Proposals
|
89 | 94 | 76 | -5.3 | 17.1 | 1,267 | 1,084 | 16.9 |
| Prince Edward Island | 37 | 38 | 32 | -2.6 | 15.6 | 448 | 384 | 16.7 |
|
Bankruptcies
|
12 | 13 | 13 | -7.7 | -7.7 | 168 | 169 | -0.6 |
|
Proposals
|
25 | 25 | 19 | 0.0 | 31.6 | 280 | 215 | 30.2 |
| Nova Scotia | 300 | 273 | 193 | 9.9 | 55.4 | 3,574 | 2,980 | 19.9 |
|
Bankruptcies
|
90 | 83 | 78 | 8.4 | 15.4 | 1,220 | 1,255 | -2.8 |
|
Proposals
|
210 | 190 | 115 | 10.5 | 82.6 | 2,354 | 1,725 | 36.5 |
| New Brunswick | 225 | 230 | 209 | -2.2 | 7.7 | 3,144 | 2,946 | 6.7 |
|
Bankruptcies
|
52 | 49 | 76 | 6.1 | -31.6 | 1,003 | 1,211 | -17.2 |
|
Proposals
|
173 | 181 | 133 | -4.4 | 30.1 | 2,141 | 1,735 | 23.4 |
| Quebec | 2,167 | 1,626 | 1,835 | 33.3 | 18.1 | 25,765 | 23,610 | 9.1 |
|
Bankruptcies
|
647 | 531 | 702 | 21.8 | -7.8 | 8,740 | 10,034 | -12.9 |
|
Proposals
|
1,520 | 1,095 | 1,133 | 38.8 | 34.2 | 17,025 | 13,576 | 25.4 |
| Ontario | 3,063 | 2,752 | 2,201 | 11.3 | 39.2 | 35,598 | 30,135 | 18.1 |
|
Bankruptcies
|
527 | 531 | 463 | -0.8 | 13.8 | 7,197 | 7,494 | -4.0 |
|
Proposals
|
2,536 | 2,221 | 1,738 | 14.2 | 45.9 | 28,401 | 22,641 | 25.4 |
| Manitoba | 257 | 261 | 154 | -1.5 | 66.9 | 2,876 | 2,461 | 16.9 |
|
Bankruptcies
|
70 | 72 | 35 | -2.8 | 100.0 | 769 | 761 | 1.1 |
|
Proposals
|
187 | 189 | 119 | -1.1 | 57.1 | 2,107 | 1,700 | 23.9 |
| Saskatchewan | 289 | 270 | 211 | 7.0 | 37.0 | 3,194 | 2,721 | 17.4 |
|
Bankruptcies
|
36 | 49 | 45 | -26.5 | -20.0 | 633 | 737 | -14.1 |
|
Proposals
|
253 | 221 | 166 | 14.5 | 52.4 | 2,561 | 1,984 | 29.1 |
| Alberta | 1,370 | 1,182 | 967 | 15.9 | 41.7 | 15,278 | 13,837 | 10.4 |
|
Bankruptcies
|
209 | 173 | 181 | 20.8 | 15.5 | 2,402 | 2,658 | -9.6 |
|
Proposals
|
1,161 | 1,009 | 786 | 15.1 | 47.7 | 12,876 | 11,179 | 15.2 |
| British Columbia | 879 | 861 | 631 | 2.1 | 39.3 | 10,415 | 8,676 | 20.0 |
|
Bankruptcies
|
164 | 149 | 131 | 10.1 | 25.2 | 1,854 | 2,127 | -12.8 |
|
Proposals
|
715 | 712 | 500 | 0.4 | 43.0 | 8,561 | 6,549 | 30.7 |
| Northwest Territories | 3 | 3 | 8 | 0.0 | -62.5 | 51 | 53 | -3.8 |
|
Bankruptcies
|
1 | 0 | 0 | -- | -- | 4 | 8 | -50.0 |
|
Proposals
|
2 | 3 | 8 | -33.3 | -75.0 | 47 | 45 | 4.4 |
| Yukon | 4 | 0 | 4 | -- | 0.0 | 49 | 35 | 40.0 |
|
Bankruptcies
|
1 | 0 | 0 | -- | -- | 7 | 8 | -12.5 |
|
Proposals
|
3 | 0 | 4 | -- | -25.0 | 42 | 27 | 55.6 |
| Nunavut | 2 | 2 | 1 | 0.0 | 100.0 | 14 | 12 | 16.7 |
|
Bankruptcies
|
0 | 0 | 0 | -- | -- | 0 | 1 | -100.0 |
|
Proposals
|
2 | 2 | 1 | 0.0 | 100.0 | 14 | 11 | 27.3 |
| Canada | 8,735 | 7,648 | 6,566 | 14.2 | 33.0 | 102,353 | 89,572 | 14.3 |
|
Bankruptcies
|
1,859 | 1,706 | 1,768 | 9.0 | 5.1 | 24,677 | 27,101 | -8.9 |
|
Proposals
|
6,876 | 5,942 | 4,798 | 15.7 | 43.3 | 77,676 | 62,471 | 24.3 |
| - | Volume | % Change | 12-Month Period Ending | |||||
|---|---|---|---|---|---|---|---|---|
| January 2023 | December 2022 | January 2022 | Dec. 2022 to Jan. 2023 |
Jan. 2022 to Jan. 2023 |
01-31-2023 | 01-31-2022 | % Change | |
| Newfoundland and Labrador | 0 | 0 | 0 | -- | -- | 12 | 11 | 9.1 |
|
Bankruptcies
|
0 | 0 | 0 | -- | -- | 10 | 10 | 0.0 |
|
Proposals
|
0 | 0 | 0 | -- | -- | 2 | 1 | 100.0 |
| Prince Edward Island | 0 | 2 | 1 | -100.0 | -100.0 | 2 | 5 | -60.0 |
|
Bankruptcies
|
0 | 1 | 1 | -100.0 | -100.0 | 1 | 4 | -75.0 |
|
Proposals
|
0 | 1 | 0 | -100.0 | -- | 1 | 1 | 0.0 |
| Nova Scotia | 5 | 4 | 1 | 25.0 | 400.0 | 31 | 15 | 106.7 |
|
Bankruptcies
|
5 | 1 | 1 | 400.0 | 400.0 | 21 | 11 | 90.9 |
|
Proposals
|
0 | 3 | 0 | -100.0 | -- | 10 | 4 | 150.0 |
| New Brunswick | 3 | 0 | 3 | -- | 0.0 | 26 | 14 | 85.7 |
|
Bankruptcies
|
3 | 0 | 3 | -- | 0.0 | 21 | 13 | 61.5 |
|
Proposals
|
0 | 0 | 0 | -- | -- | 5 | 1 | 400.0 |
| Quebec | 189 | 186 | 134 | 1.6 | 41.0 | 2,000 | 1,573 | 27.1 |
|
Bankruptcies
|
157 | 154 | 113 | 1.9 | 38.9 | 1,668 | 1,297 | 28.6 |
|
Proposals
|
32 | 32 | 21 | 0.0 | 52.4 | 332 | 276 | 20.3 |
| Ontario | 101 | 102 | 45 | -1.0 | 124.4 | 962 | 610 | 57.7 |
|
Bankruptcies
|
79 | 77 | 36 | 2.6 | 119.4 | 701 | 447 | 56.8 |
|
Proposals
|
22 | 25 | 9 | -12.0 | 144.4 | 261 | 163 | 60.1 |
| Manitoba | 1 | 1 | 3 | 0.0 | -66.7 | 32 | 33 | -3.0 |
|
Bankruptcies
|
1 | 1 | 1 | 0.0 | 0.0 | 17 | 25 | -32.0 |
|
Proposals
|
0 | 0 | 2 | -- | -100.0 | 15 | 8 | 87.5 |
| Saskatchewan | 3 | 6 | 3 | -50.0 | 0.0 | 57 | 49 | 16.3 |
|
Bankruptcies
|
0 | 3 | 3 | -100.0 | -100.0 | 31 | 37 | -16.2 |
|
Proposals
|
3 | 3 | 0 | 0.0 | -- | 26 | 12 | 116.7 |
| Alberta | 17 | 22 | 8 | -22.7 | 112.5 | 246 | 139 | 77.0 |
|
Bankruptcies
|
9 | 8 | 8 | 12.5 | 12.5 | 134 | 92 | 45.7 |
|
Proposals
|
8 | 14 | 0 | -42.9 | -- | 112 | 47 | 138.3 |
| British Columbia | 12 | 14 | 15 | -14.3 | -20.0 | 150 | 81 | 85.2 |
|
Bankruptcies
|
9 | 9 | 12 | 0.0 | -25.0 | 102 | 55 | 85.5 |
|
Proposals
|
3 | 5 | 3 | -40.0 | 0.0 | 48 | 26 | 84.6 |
| Northwest Territories | 0 | 2 | 0 | -100.0 | -- | 2 | 0 | -- |
|
Bankruptcies
|
0 | 0 | 0 | -- | -- | 0 | 0 | -- |
|
Proposals
|
0 | 2 | 0 | -100.0 | -- | 2 | 0 | -- |
| Yukon | 0 | 0 | 0 | -- | -- | 0 | 0 | -- |
|
Bankruptcies
|
0 | 0 | 0 | -- | -- | 0 | 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 | 331 | 339 | 213 | -2.4 | 55.4 | 3,520 | 2,530 | 39.1 |
|
Bankruptcies
|
263 | 254 | 178 | 3.5 | 47.8 | 2,706 | 1,991 | 35.9 |
|
Proposals
|
68 | 85 | 35 | -20.0 | 94.3 | 814 | 539 | 51.0 |
| - | Volume | % Change | 12-Month Period Ending | |||||
|---|---|---|---|---|---|---|---|---|
| January 2023 | December 2022 | January 2022 | Dec. 2022 to Jan. 2023 |
Jan. 2022 to Jan. 2023 |
01-31-2023 | 01-31-2022 | % Change | |
| Newfoundland and Labrador | 0 | 0 | 0 | -- | -- | 0 | 4 | -100.0 |
|
Bankruptcies
|
0 | 0 | 0 | -- | -- | 0 | 3 | -100.0 |
|
Proposals
|
0 | 0 | 0 | -- | -- | 0 | 1 | -100.0 |
| Prince Edward Island | 0 | 2 | 1 | -100.0 | -100.0 | 2 | 2 | 0.0 |
|
Bankruptcies
|
0 | 1 | 1 | -100.0 | -100.0 | 1 | 2 | -50.0 |
|
Proposals
|
0 | 1 | 0 | -100.0 | -- | 1 | 0 | -- |
| Nova Scotia | 3 | 1 | 0 | 200.0 | -- | 14 | 4 | 250.0 |
|
Bankruptcies
|
3 | 0 | 0 | -- | -- | 9 | 3 | 200.0 |
|
Proposals
|
0 | 1 | 0 | -100.0 | -- | 5 | 1 | 400.0 |
| New Brunswick | 2 | 0 | 1 | -- | 100.0 | 12 | 9 | 33.3 |
|
Bankruptcies
|
2 | 0 | 1 | -- | 100.0 | 10 | 8 | 25.0 |
|
Proposals
|
0 | 0 | 0 | -- | -- | 2 | 1 | 100.0 |
| Quebec | 173 | 166 | 116 | 4.2 | 49.1 | 1,742 | 1,377 | 26.5 |
|
Bankruptcies
|
148 | 141 | 105 | 5.0 | 41.0 | 1,513 | 1,183 | 27.9 |
|
Proposals
|
25 | 25 | 11 | 0.0 | 127.3 | 229 | 194 | 18.0 |
| Ontario | 71 | 65 | 26 | 9.2 | 173.1 | 629 | 431 | 45.9 |
|
Bankruptcies
|
63 | 54 | 22 | 16.7 | 186.4 | 521 | 344 | 51.5 |
|
Proposals
|
8 | 11 | 4 | -27.3 | 100.0 | 108 | 87 | 24.1 |
| Manitoba | 0 | 0 | 2 | -- | -100.0 | 12 | 15 | -20.0 |
|
Bankruptcies
|
0 | 0 | 0 | -- | -- | 7 | 10 | -30.0 |
|
Proposals
|
0 | 0 | 2 | -- | -100.0 | 5 | 5 | 0.0 |
| Saskatchewan | 0 | 1 | 1 | -100.0 | -100.0 | 12 | 16 | -25.0 |
|
Bankruptcies
|
0 | 1 | 1 | -100.0 | -100.0 | 6 | 13 | -53.8 |
|
Proposals
|
0 | 0 | 0 | -- | -- | 6 | 3 | 100.0 |
| Alberta | 10 | 7 | 3 | 42.9 | 233.3 | 119 | 81 | 46.9 |
|
Bankruptcies
|
5 | 5 | 3 | 0.0 | 66.7 | 76 | 58 | 31.0 |
|
Proposals
|
5 | 2 | 0 | 150.0 | -- | 43 | 23 | 87.0 |
| British Columbia | 8 | 6 | 9 | 33.3 | -11.1 | 61 | 43 | 41.9 |
|
Bankruptcies
|
7 | 4 | 7 | 75.0 | 0.0 | 44 | 32 | 37.5 |
|
Proposals
|
1 | 2 | 2 | -50.0 | -50.0 | 17 | 11 | 54.5 |
| Northwest Territories | 0 | 0 | 0 | -- | -- | 0 | 0 | -- |
|
Bankruptcies
|
0 | 0 | 0 | -- | -- | 0 | 0 | -- |
|
Proposals
|
0 | 0 | 0 | -- | -- | 0 | 0 | -- |
| Yukon | 0 | 0 | 0 | -- | -- | 0 | 0 | -- |
|
Bankruptcies
|
0 | 0 | 0 | -- | -- | 0 | 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 | 267 | 248 | 159 | 7.7 | 67.9 | 2,603 | 1,982 | 31.3 |
|
Bankruptcies
|
228 | 206 | 140 | 10.7 | 62.9 | 2,187 | 1,656 | 32.1 |
|
Proposals
|
39 | 42 | 19 | -7.1 | 105.3 | 416 | 326 | 27.6 |
| - | Volume | % Change | 12-Month Period Ending | |||||
|---|---|---|---|---|---|---|---|---|
| January 2023 | December 2022 | January 2022 | Dec. 2022 to Jan. 2023 |
Jan. 2022 to Jan. 2023 |
01-31-2023 | 01-31-2022 | % Change | |
| Newfoundland and Labrador | 0 | 0 | 0 | -- | -- | 12 | 7 | 71.4 |
|
Bankruptcies
|
0 | 0 | 0 | -- | -- | 10 | 7 | 42.9 |
|
Proposals
|
0 | 0 | 0 | -- | -- | 2 | 0 | -- |
| Prince Edward Island | 0 | 0 | 0 | -- | -- | 0 | 3 | -100.0 |
|
Bankruptcies
|
0 | 0 | 0 | -- | -- | 0 | 2 | -100.0 |
|
Proposals
|
0 | 0 | 0 | -- | -- | 0 | 1 | -100.0 |
| Nova Scotia | 2 | 3 | 1 | -33.3 | 100.0 | 17 | 11 | 54.5 |
|
Bankruptcies
|
2 | 1 | 1 | 100.0 | 100.0 | 12 | 8 | 50.0 |
|
Proposals
|
0 | 2 | 0 | -100.0 | -- | 5 | 3 | 66.7 |
| New Brunswick | 1 | 0 | 2 | -- | -50.0 | 14 | 5 | 180.0 |
|
Bankruptcies
|
1 | 0 | 2 | -- | -50.0 | 11 | 5 | 120.0 |
|
Proposals
|
0 | 0 | 0 | -- | -- | 3 | 0 | -- |
| Quebec | 16 | 20 | 18 | -20.0 | -11.1 | 258 | 196 | 31.6 |
|
Bankruptcies
|
9 | 13 | 8 | -30.8 | 12.5 | 155 | 114 | 36.0 |
|
Proposals
|
7 | 7 | 10 | 0.0 | -30.0 | 103 | 82 | 25.6 |
| Ontario | 30 | 37 | 19 | -18.9 | 57.9 | 333 | 179 | 86.0 |
|
Bankruptcies
|
16 | 23 | 14 | -30.4 | 14.3 | 180 | 103 | 74.8 |
|
Proposals
|
14 | 14 | 5 | 0.0 | 180.0 | 153 | 76 | 101.3 |
| Manitoba | 1 | 1 | 1 | 0.0 | 0.0 | 20 | 18 | 11.1 |
|
Bankruptcies
|
1 | 1 | 1 | 0.0 | 0.0 | 10 | 15 | -33.3 |
|
Proposals
|
0 | 0 | 0 | -- | -- | 10 | 3 | 233.3 |
| Saskatchewan | 3 | 5 | 2 | -40.0 | 50.0 | 45 | 33 | 36.4 |
|
Bankruptcies
|
0 | 2 | 2 | -100.0 | -100.0 | 25 | 24 | 4.2 |
|
Proposals
|
3 | 3 | 0 | 0.0 | -- | 20 | 9 | 122.2 |
| Alberta | 7 | 15 | 5 | -53.3 | 40.0 | 127 | 58 | 119.0 |
|
Bankruptcies
|
4 | 3 | 5 | 33.3 | -20.0 | 58 | 34 | 70.6 |
|
Proposals
|
3 | 12 | 0 | -75.0 | -- | 69 | 24 | 187.5 |
| British Columbia | 4 | 8 | 6 | -50.0 | -33.3 | 89 | 38 | 134.2 |
|
Bankruptcies
|
2 | 5 | 5 | -60.0 | -60.0 | 58 | 23 | 152.2 |
|
Proposals
|
2 | 3 | 1 | -33.3 | 100.0 | 31 | 15 | 106.7 |
| Northwest Territories | 0 | 2 | 0 | -100.0 | -- | 2 | 0 | -- |
|
Bankruptcies
|
0 | 0 | 0 | -- | -- | 0 | 0 | -- |
|
Proposals
|
0 | 2 | 0 | -100.0 | -- | 2 | 0 | -- |
| Yukon | 0 | 0 | 0 | -- | -- | 0 | 0 | -- |
|
Bankruptcies
|
0 | 0 | 0 | -- | -- | 0 | 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 | 64 | 91 | 54 | -29.7 | 18.5 | 917 | 548 | 67.3 |
|
Bankruptcies
|
35 | 48 | 38 | -27.1 | -7.9 | 519 | 335 | 54.9 |
|
Proposals
|
29 | 43 | 16 | -32.6 | 81.3 | 398 | 213 | 86.9 |
| - | Volume | % Change | 12-Month Period Ending | |||||
|---|---|---|---|---|---|---|---|---|
| January 2023 | December 2022 | January 2022 | Dec. 2022 to Jan. 2023 |
Jan. 2022 to Jan. 2023 |
01-31-2023 | 01-31-2022 | % Change | |
| Agriculture, Forestry, Fishing and Hunting | 17 | 6 | 7 | 183.3 | 142.9 | 87 | 53 | 64.2 |
|
Bankruptcies
|
13 | 5 | 5 | 160.0 | 160.0 | 70 | 44 | 59.1 |
|
Proposals
|
4 | 1 | 2 | 300.0 | 100.0 | 17 | 9 | 88.9 |
| Mining and Oil and Gas Extraction | 3 | 3 | 4 | 0.0 | -25.0 | 28 | 37 | -24.3 |
|
Bankruptcies
|
1 | 1 | 4 | 0.0 | -75.0 | 20 | 30 | -33.3 |
|
Proposals
|
2 | 2 | 0 | 0.0 | -- | 8 | 7 | 14.3 |
| Utilities | 1 | 2 | 0 | -50.0 | -- | 8 | 3 | 166.7 |
|
Bankruptcies
|
1 | 0 | 0 | -- | -- | 5 | 2 | 150.0 |
|
Proposals
|
0 | 2 | 0 | -100.0 | -- | 3 | 1 | 200.0 |
| Construction | 44 | 54 | 29 | -18.5 | 51.7 | 534 | 370 | 44.3 |
|
Bankruptcies
|
31 | 33 | 23 | -6.1 | 34.8 | 365 | 277 | 31.8 |
|
Proposals
|
13 | 21 | 6 | -38.1 | 116.7 | 169 | 93 | 81.7 |
| Manufacturing | 41 | 25 | 20 | 64.0 | 105.0 | 288 | 228 | 26.3 |
|
Bankruptcies
|
32 | 16 | 17 | 100.0 | 88.2 | 214 | 179 | 19.6 |
|
Proposals
|
9 | 9 | 3 | 0.0 | 200.0 | 74 | 49 | 51.0 |
| Wholesale Trade | 12 | 19 | 7 | -36.8 | 71.4 | 157 | 99 | 58.6 |
|
Bankruptcies
|
10 | 16 | 5 | -37.5 | 100.0 | 127 | 79 | 60.8 |
|
Proposals
|
2 | 3 | 2 | -33.3 | 0.0 | 30 | 20 | 50.0 |
| Retail Trade | 41 | 49 | 23 | -16.3 | 78.3 | 392 | 269 | 45.7 |
|
Bankruptcies
|
32 | 42 | 21 | -23.8 | 52.4 | 328 | 213 | 54.0 |
|
Proposals
|
9 | 7 | 2 | 28.6 | 350.0 | 64 | 56 | 14.3 |
| Transportation and Warehousing | 20 | 28 | 19 | -28.6 | 5.3 | 290 | 200 | 45.0 |
|
Bankruptcies
|
16 | 23 | 17 | -30.4 | -5.9 | 222 | 165 | 34.5 |
|
Proposals
|
4 | 5 | 2 | -20.0 | 100.0 | 68 | 35 | 94.3 |
| Information and Cultural Industries | 10 | 5 | 2 | 100.0 | 400.0 | 78 | 37 | 110.8 |
|
Bankruptcies
|
10 | 5 | 1 | 100.0 | 900.0 | 53 | 30 | 76.7 |
|
Proposals
|
0 | 0 | 1 | -- | -100.0 | 25 | 7 | 257.1 |
| Finance and Insurance | 6 | 8 | 1 | -25.0 | 500.0 | 45 | 44 | 2.3 |
|
Bankruptcies
|
3 | 7 | 1 | -57.1 | 200.0 | 30 | 35 | -14.3 |
|
Proposals
|
3 | 1 | 0 | 200.0 | -- | 15 | 9 | 66.7 |
| Real Estate and Rental and Leasing | 13 | 10 | 5 | 30.0 | 160.0 | 124 | 114 | 8.8 |
|
Bankruptcies
|
11 | 8 | 5 | 37.5 | 120.0 | 99 | 82 | 20.7 |
|
Proposals
|
2 | 2 | 0 | 0.0 | -- | 25 | 32 | -21.9 |
| Professional, Scientific and Technical Services | 19 | 16 | 16 | 18.8 | 18.8 | 245 | 171 | 43.3 |
|
Bankruptcies
|
14 | 9 | 11 | 55.6 | 27.3 | 180 | 140 | 28.6 |
|
Proposals
|
5 | 7 | 5 | -28.6 | 0.0 | 65 | 31 | 109.7 |
| Management of Companies and Enterprises | 6 | 7 | 7 | -14.3 | -14.3 | 81 | 68 | 19.1 |
|
Bankruptcies
|
4 | 4 | 6 | 0.0 | -33.3 | 68 | 53 | 28.3 |
|
Proposals
|
2 | 3 | 1 | -33.3 | 100.0 | 13 | 15 | -13.3 |
| Administrative and Support, Waste Management and Remediation Services | 7 | 14 | 12 | -50.0 | -41.7 | 173 | 149 | 16.1 |
|
Bankruptcies
|
3 | 10 | 8 | -70.0 | -62.5 | 117 | 110 | 6.4 |
|
Proposals
|
4 | 4 | 4 | 0.0 | 0.0 | 56 | 39 | 43.6 |
| Educational Services | 5 | 7 | 3 | -28.6 | 66.7 | 37 | 28 | 32.1 |
|
Bankruptcies
|
5 | 5 | 2 | 0.0 | 150.0 | 31 | 22 | 40.9 |
|
Proposals
|
0 | 2 | 1 | -100.0 | -100.0 | 6 | 6 | 0.0 |
| Health Care and Social Assistance | 2 | 9 | 10 | -77.8 | -80.0 | 94 | 74 | 27.0 |
|
Bankruptcies
|
1 | 6 | 9 | -83.3 | -88.9 | 59 | 55 | 7.3 |
|
Proposals
|
1 | 3 | 1 | -66.7 | 0.0 | 35 | 19 | 84.2 |
| Arts, Entertainment and Recreation | 10 | 4 | 10 | 150.0 | 0.0 | 84 | 74 | 13.5 |
|
Bankruptcies
|
9 | 3 | 8 | 200.0 | 12.5 | 74 | 55 | 34.5 |
|
Proposals
|
1 | 1 | 2 | 0.0 | -50.0 | 10 | 19 | -47.4 |
| Accommodation and Food Services | 57 | 51 | 24 | 11.8 | 137.5 | 533 | 377 | 41.4 |
|
Bankruptcies
|
53 | 44 | 24 | 20.5 | 120.8 | 452 | 309 | 46.3 |
|
Proposals
|
4 | 7 | 0 | -42.9 | -- | 81 | 68 | 19.1 |
| Other Services (except Public Administration) | 15 | 22 | 14 | -31.8 | 7.1 | 230 | 130 | 76.9 |
|
Bankruptcies
|
13 | 17 | 11 | -23.5 | 18.2 | 181 | 106 | 70.8 |
|
Proposals
|
2 | 5 | 3 | -60.0 | -33.3 | 49 | 24 | 104.2 |
| Public Administration | 2 | 0 | 0 | -- | -- | 10 | 4 | 150.0 |
|
Bankruptcies
|
1 | 0 | 0 | -- | -- | 9 | 4 | 125.0 |
|
Proposals
|
1 | 0 | 0 | -- | -- | 1 | 0 | -- |
| Canada | 331 | 339 | 213 | -2.4 | 55.4 | 3,518 | 2,529 | 39.1 |
| Bankruptcies | 263 | 254 | 178 | 3.5 | 47.8 | 2,704 | 1,990 | 35.9 |
| Proposals | 68 | 85 | 35 | -20.0 | 94.3 | 814 | 539 | 51.0 |