Excel Version
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 | |||||
|---|---|---|---|---|---|---|---|---|
| March
2023 |
February
2023 |
March
2022 |
Feb. 2023
to Mar. 2023 |
Mar. 2022
to Mar. 2023 |
03-31-2023 | 03-31-2022 | % Change | |
| Newfoundland and Labrador | 215 | 168 | 164 | 28.0 | 31.1 | 2,033 | 1,723 | 18.0 |
|
Bankruptcies
|
65 | 64 | 56 | 1.6 | 16.1 | 720 | 625 | 15.2 |
|
Proposals
|
150 | 104 | 108 | 44.2 | 38.9 | 1,313 | 1,098 | 19.6 |
| Prince Edward Island | 54 | 36 | 44 | 50.0 | 22.7 | 462 | 395 | 17.0 |
|
Bankruptcies
|
14 | 12 | 21 | 16.7 | -33.3 | 163 | 175 | -6.9 |
|
Proposals
|
40 | 24 | 23 | 66.7 | 73.9 | 299 | 220 | 35.9 |
| Nova Scotia | 412 | 301 | 293 | 36.9 | 40.6 | 3,808 | 2,908 | 30.9 |
|
Bankruptcies
|
125 | 86 | 107 | 45.3 | 16.8 | 1,266 | 1,188 | 6.6 |
|
Proposals
|
287 | 215 | 186 | 33.5 | 54.3 | 2,542 | 1,720 | 47.8 |
| New Brunswick | 327 | 266 | 319 | 22.9 | 2.5 | 3,229 | 2,940 | 9.8 |
|
Bankruptcies
|
79 | 87 | 108 | -9.2 | -26.9 | 1,004 | 1,166 | -13.9 |
|
Proposals
|
248 | 179 | 211 | 38.5 | 17.5 | 2,225 | 1,774 | 25.4 |
| Quebec | 3,330 | 2,631 | 2,640 | 26.6 | 26.1 | 28,976 | 25,117 | 15.4 |
|
Bankruptcies
|
1,082 | 864 | 1,022 | 25.2 | 5.9 | 10,509 | 11,031 | -4.7 |
|
Proposals
|
2,248 | 1,767 | 1,618 | 27.2 | 38.9 | 18,467 | 14,086 | 31.1 |
| Ontario | 4,178 | 3,245 | 3,180 | 28.8 | 31.4 | 38,197 | 30,824 | 23.9 |
|
Bankruptcies
|
792 | 608 | 725 | 30.3 | 9.2 | 8,000 | 7,809 | 2.4 |
|
Proposals
|
3,386 | 2,637 | 2,455 | 28.4 | 37.9 | 30,197 | 23,015 | 31.2 |
| Manitoba | 338 | 244 | 241 | 38.5 | 40.2 | 3,064 | 2,500 | 22.6 |
|
Bankruptcies
|
68 | 68 | 58 | 0.0 | 17.2 | 823 | 751 | 9.6 |
|
Proposals
|
270 | 176 | 183 | 53.4 | 47.5 | 2,241 | 1,749 | 28.1 |
| Saskatchewan | 345 | 284 | 313 | 21.5 | 10.2 | 3,349 | 2,765 | 21.1 |
|
Bankruptcies
|
71 | 45 | 79 | 57.8 | -10.1 | 649 | 730 | -11.1 |
|
Proposals
|
274 | 239 | 234 | 14.6 | 17.1 | 2,700 | 2,035 | 32.7 |
| Alberta | 1,779 | 1,389 | 1,371 | 28.1 | 29.8 | 16,138 | 13,960 | 15.6 |
|
Bankruptcies
|
258 | 218 | 233 | 18.3 | 10.7 | 2,580 | 2,639 | -2.2 |
|
Proposals
|
1,521 | 1,171 | 1,138 | 29.9 | 33.7 | 13,558 | 11,321 | 19.8 |
| British Columbia | 1,207 | 954 | 939 | 26.5 | 28.5 | 11,041 | 8,864 | 24.6 |
|
Bankruptcies
|
203 | 156 | 169 | 30.1 | 20.1 | 1,981 | 2,072 | -4.4 |
|
Proposals
|
1,004 | 798 | 770 | 25.8 | 30.4 | 9,060 | 6,792 | 33.4 |
| Northwest Territories | 9 | 3 | 6 | 200.0 | 50.0 | 52 | 62 | -16.1 |
|
Bankruptcies
|
1 | 0 | 0 | -- | -- | 4 | 8 | -50.0 |
|
Proposals
|
8 | 3 | 6 | 166.7 | 33.3 | 48 | 54 | -11.1 |
| Yukon | 7 | 4 | 3 | 75.0 | 133.3 | 55 | 36 | 52.8 |
|
Bankruptcies
|
3 | 1 | 2 | 200.0 | 50.0 | 9 | 8 | 12.5 |
|
Proposals
|
4 | 3 | 1 | 33.3 | 300.0 | 46 | 28 | 64.3 |
| Nunavut | 2 | 1 | 0 | 100.0 | -- | 17 | 11 | 54.5 |
|
Bankruptcies
|
1 | 0 | 0 | -- | -- | 1 | 1 | 0.0 |
|
Proposals
|
1 | 1 | 0 | 0.0 | -- | 16 | 10 | 60.0 |
| Canada | 12,203 | 9,526 | 9,513 | 28.1 | 28.3 | 110,421 | 92,105 | 19.9 |
|
Bankruptcies
|
2,762 | 2,209 | 2,580 | 25.0 | 7.1 | 27,709 | 28,203 | -1.8 |
|
Proposals
|
9,441 | 7,317 | 6,933 | 29.0 | 36.2 | 82,712 | 63,902 | 29.4 |
| - | Volume | % Change | 12-Month Period Ending | |||||
|---|---|---|---|---|---|---|---|---|
| March
2023 |
February
2023 |
March
2022 |
Feb. 2023
to Mar. 2023 |
Mar. 2022
to Mar. 2023 |
03-31-2023 | 03-31-2022 | % Change | |
| Newfoundland and Labrador | 214 | 166 | 164 | 28.9 | 30.5 | 2,019 | 1,712 | 17.9 |
|
Bankruptcies
|
65 | 62 | 56 | 4.8 | 16.1 | 709 | 615 | 15.3 |
|
Proposals
|
149 | 104 | 108 | 43.3 | 38.0 | 1,310 | 1,097 | 19.4 |
| Prince Edward Island | 54 | 36 | 44 | 50.0 | 22.7 | 460 | 390 | 17.9 |
|
Bankruptcies
|
14 | 12 | 21 | 16.7 | -33.3 | 162 | 171 | -5.3 |
|
Proposals
|
40 | 24 | 23 | 66.7 | 73.9 | 298 | 219 | 36.1 |
| Nova Scotia | 410 | 299 | 290 | 37.1 | 41.4 | 3,780 | 2,890 | 30.8 |
|
Bankruptcies
|
123 | 85 | 105 | 44.7 | 17.1 | 1,245 | 1,178 | 5.7 |
|
Proposals
|
287 | 214 | 185 | 34.1 | 55.1 | 2,535 | 1,712 | 48.1 |
| New Brunswick | 325 | 263 | 317 | 23.6 | 2.5 | 3,202 | 2,922 | 9.6 |
|
Bankruptcies
|
78 | 86 | 106 | -9.3 | -26.4 | 984 | 1,150 | -14.4 |
|
Proposals
|
247 | 177 | 211 | 39.5 | 17.1 | 2,218 | 1,772 | 25.2 |
| Quebec | 3,067 | 2,451 | 2,456 | 25.1 | 24.9 | 26,865 | 23,504 | 14.3 |
|
Bankruptcies
|
880 | 723 | 876 | 21.7 | 0.5 | 8,763 | 9,705 | -9.7 |
|
Proposals
|
2,187 | 1,728 | 1,580 | 26.6 | 38.4 | 18,102 | 13,799 | 31.2 |
| Ontario | 4,064 | 3,172 | 3,089 | 28.1 | 31.6 | 37,219 | 30,125 | 23.5 |
|
Bankruptcies
|
703 | 550 | 664 | 27.8 | 5.9 | 7,263 | 7,308 | -0.6 |
|
Proposals
|
3,361 | 2,622 | 2,425 | 28.2 | 38.6 | 29,956 | 22,817 | 31.3 |
| Manitoba | 333 | 240 | 237 | 38.8 | 40.5 | 3,029 | 2,468 | 22.7 |
|
Bankruptcies
|
65 | 65 | 56 | 0.0 | 16.1 | 804 | 727 | 10.6 |
|
Proposals
|
268 | 175 | 181 | 53.1 | 48.1 | 2,225 | 1,741 | 27.8 |
| Saskatchewan | 339 | 279 | 306 | 21.5 | 10.8 | 3,292 | 2,721 | 21.0 |
|
Bankruptcies
|
68 | 43 | 74 | 58.1 | -8.1 | 621 | 700 | -11.3 |
|
Proposals
|
271 | 236 | 232 | 14.8 | 16.8 | 2,671 | 2,021 | 32.2 |
| Alberta | 1,759 | 1,370 | 1,354 | 28.4 | 29.9 | 15,891 | 13,807 | 15.1 |
|
Bankruptcies
|
244 | 202 | 222 | 20.8 | 9.9 | 2,442 | 2,537 | -3.7 |
|
Proposals
|
1,515 | 1,168 | 1,132 | 29.7 | 33.8 | 13,449 | 11,270 | 19.3 |
| British Columbia | 1,186 | 938 | 929 | 26.4 | 27.7 | 10,878 | 8,773 | 24.0 |
|
Bankruptcies
|
187 | 146 | 159 | 28.1 | 17.6 | 1,870 | 2,008 | -6.9 |
|
Proposals
|
999 | 792 | 770 | 26.1 | 29.7 | 9,008 | 6,765 | 33.2 |
| Northwest Territories | 8 | 3 | 6 | 166.7 | 33.3 | 49 | 62 | -21.0 |
|
Bankruptcies
|
0 | 0 | 0 | -- | -- | 3 | 8 | -62.5 |
|
Proposals
|
8 | 3 | 6 | 166.7 | 33.3 | 46 | 54 | -14.8 |
| Yukon | 7 | 4 | 3 | 75.0 | 133.3 | 55 | 36 | 52.8 |
|
Bankruptcies
|
3 | 1 | 2 | 200.0 | 50.0 | 9 | 8 | 12.5 |
|
Proposals
|
4 | 3 | 1 | 33.3 | 300.0 | 46 | 28 | 64.3 |
| Nunavut | 2 | 1 | 0 | 100.0 | -- | 17 | 11 | 54.5 |
|
Bankruptcies
|
1 | 0 | 0 | -- | -- | 1 | 1 | 0.0 |
|
Proposals
|
1 | 1 | 0 | 0.0 | -- | 16 | 10 | 60.0 |
| Canada | 11,768 | 9,222 | 9,195 | 27.6 | 28.0 | 106,756 | 89,421 | 19.4 |
|
Bankruptcies
|
2,431 | 1,975 | 2,341 | 23.1 | 3.8 | 24,876 | 26,116 | -4.7 |
|
Proposals
|
9,337 | 7,247 | 6,854 | 28.8 | 36.2 | 81,880 | 63,305 | 29.3 |
| - | Volume | % Change | 12-Month Period Ending | |||||
|---|---|---|---|---|---|---|---|---|
| March
2023 |
February
2023 |
March
2022 |
Feb. 2023
to Mar. 2023 |
Mar. 2022
to Mar. 2023 |
03-31-2023 | 03-31-2022 | % Change | |
| Newfoundland and Labrador | 1 | 2 | 0 | -50.0 | -- | 14 | 11 | 27.3 |
|
Bankruptcies
|
0 | 2 | 0 | -100.0 | -- | 11 | 10 | 10.0 |
|
Proposals
|
1 | 0 | 0 | -- | -- | 3 | 1 | 200.0 |
| Prince Edward Island | 0 | 0 | 0 | -- | -- | 2 | 5 | -60.0 |
|
Bankruptcies
|
0 | 0 | 0 | -- | -- | 1 | 4 | -75.0 |
|
Proposals
|
0 | 0 | 0 | -- | -- | 1 | 1 | 0.0 |
| Nova Scotia | 2 | 2 | 3 | 0.0 | -33.3 | 28 | 18 | 55.6 |
|
Bankruptcies
|
2 | 1 | 2 | 100.0 | 0.0 | 21 | 10 | 110.0 |
|
Proposals
|
0 | 1 | 1 | -100.0 | -100.0 | 7 | 8 | -12.5 |
| New Brunswick | 2 | 3 | 2 | -33.3 | 0.0 | 27 | 18 | 50.0 |
|
Bankruptcies
|
1 | 1 | 2 | 0.0 | -50.0 | 20 | 16 | 25.0 |
|
Proposals
|
1 | 2 | 0 | -50.0 | -- | 7 | 2 | 250.0 |
| Quebec | 263 | 180 | 184 | 46.1 | 42.9 | 2,111 | 1,613 | 30.9 |
|
Bankruptcies
|
202 | 141 | 146 | 43.3 | 38.4 | 1,746 | 1,326 | 31.7 |
|
Proposals
|
61 | 39 | 38 | 56.4 | 60.5 | 365 | 287 | 27.2 |
| Ontario | 114 | 73 | 91 | 56.2 | 25.3 | 978 | 699 | 39.9 |
|
Bankruptcies
|
89 | 58 | 61 | 53.4 | 45.9 | 737 | 501 | 47.1 |
|
Proposals
|
25 | 15 | 30 | 66.7 | -16.7 | 241 | 198 | 21.7 |
| Manitoba | 5 | 4 | 4 | 25.0 | 25.0 | 35 | 32 | 9.4 |
|
Bankruptcies
|
3 | 3 | 2 | 0.0 | 50.0 | 19 | 24 | -20.8 |
|
Proposals
|
2 | 1 | 2 | 100.0 | 0.0 | 16 | 8 | 100.0 |
| Saskatchewan | 6 | 5 | 7 | 20.0 | -14.3 | 57 | 44 | 29.5 |
|
Bankruptcies
|
3 | 2 | 5 | 50.0 | -40.0 | 28 | 30 | -6.7 |
|
Proposals
|
3 | 3 | 2 | 0.0 | 50.0 | 29 | 14 | 107.1 |
| Alberta | 20 | 19 | 17 | 5.3 | 17.6 | 247 | 153 | 61.4 |
|
Bankruptcies
|
14 | 16 | 11 | -12.5 | 27.3 | 138 | 102 | 35.3 |
|
Proposals
|
6 | 3 | 6 | 100.0 | 0.0 | 109 | 51 | 113.7 |
| British Columbia | 21 | 16 | 10 | 31.3 | 110.0 | 163 | 91 | 79.1 |
|
Bankruptcies
|
16 | 10 | 10 | 60.0 | 60.0 | 111 | 64 | 73.4 |
|
Proposals
|
5 | 6 | 0 | -16.7 | -- | 52 | 27 | 92.6 |
| Northwest Territories | 1 | 0 | 0 | -- | -- | 3 | 0 | -- |
|
Bankruptcies
|
1 | 0 | 0 | -- | -- | 1 | 0 | -- |
|
Proposals
|
0 | 0 | 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 | 435 | 304 | 318 | 43.1 | 36.8 | 3,665 | 2,684 | 36.5 |
|
Bankruptcies
|
331 | 234 | 239 | 41.5 | 38.5 | 2,833 | 2,087 | 35.7 |
|
Proposals
|
104 | 70 | 79 | 48.6 | 31.6 | 832 | 597 | 39.4 |
| - | Volume | % Change | 12-Month Period Ending | |||||
|---|---|---|---|---|---|---|---|---|
| March
2023 |
February
2023 |
March
2022 |
Feb. 2023
to Mar. 2023 |
Mar. 2022
to Mar. 2023 |
03-31-2023 | 03-31-2022 | % 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 | 0 | 0 | -- | -- | 2 | 2 | 0.0 |
|
Bankruptcies
|
0 | 0 | 0 | -- | -- | 1 | 2 | -50.0 |
|
Proposals
|
0 | 0 | 0 | -- | -- | 1 | 0 | -- |
| Nova Scotia | 1 | 0 | 2 | -- | -50.0 | 10 | 7 | 42.9 |
|
Bankruptcies
|
1 | 0 | 1 | -- | 0.0 | 9 | 2 | 350.0 |
|
Proposals
|
0 | 0 | 1 | -- | -100.0 | 1 | 5 | -80.0 |
| New Brunswick | 1 | 1 | 1 | 0.0 | 0.0 | 13 | 10 | 30.0 |
|
Bankruptcies
|
1 | 1 | 1 | 0.0 | 0.0 | 11 | 9 | 22.2 |
|
Proposals
|
0 | 0 | 0 | -- | -- | 2 | 1 | 100.0 |
| Quebec | 234 | 156 | 162 | 50.0 | 44.4 | 1,846 | 1,408 | 31.1 |
|
Bankruptcies
|
189 | 133 | 134 | 42.1 | 41.0 | 1,598 | 1,205 | 32.6 |
|
Proposals
|
45 | 23 | 28 | 95.7 | 60.7 | 248 | 203 | 22.2 |
| Ontario | 74 | 48 | 49 | 54.2 | 51.0 | 650 | 472 | 37.7 |
|
Bankruptcies
|
62 | 45 | 38 | 37.8 | 63.2 | 555 | 372 | 49.2 |
|
Proposals
|
12 | 3 | 11 | 300.0 | 9.1 | 95 | 100 | -5.0 |
| Manitoba | 2 | 1 | 1 | 100.0 | 100.0 | 12 | 16 | -25.0 |
|
Bankruptcies
|
2 | 0 | 1 | -- | 100.0 | 6 | 12 | -50.0 |
|
Proposals
|
0 | 1 | 0 | -100.0 | -- | 6 | 4 | 50.0 |
| Saskatchewan | 0 | 1 | 1 | -100.0 | -100.0 | 11 | 9 | 22.2 |
|
Bankruptcies
|
0 | 0 | 1 | -- | -100.0 | 4 | 6 | -33.3 |
|
Proposals
|
0 | 1 | 0 | -100.0 | -- | 7 | 3 | 133.3 |
| Alberta | 9 | 11 | 6 | -18.2 | 50.0 | 122 | 83 | 47.0 |
|
Bankruptcies
|
8 | 10 | 6 | -20.0 | 33.3 | 81 | 61 | 32.8 |
|
Proposals
|
1 | 1 | 0 | 0.0 | -- | 41 | 22 | 86.4 |
| British Columbia | 13 | 6 | 5 | 116.7 | 160.0 | 70 | 43 | 62.8 |
|
Bankruptcies
|
12 | 4 | 5 | 200.0 | 140.0 | 53 | 32 | 65.6 |
|
Proposals
|
1 | 2 | 0 | -50.0 | -- | 17 | 11 | 54.5 |
| Northwest Territories | 1 | 0 | 0 | -- | -- | 1 | 0 | -- |
|
Bankruptcies
|
1 | 0 | 0 | -- | -- | 1 | 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 | 335 | 224 | 227 | 49.6 | 47.6 | 2,737 | 2,054 | 33.3 |
|
Bankruptcies
|
276 | 193 | 187 | 43.0 | 47.6 | 2,319 | 1,704 | 36.1 |
|
Proposals
|
59 | 31 | 40 | 90.3 | 47.5 | 418 | 350 | 19.4 |
| - | Volume | % Change | 12-Month Period Ending | |||||
|---|---|---|---|---|---|---|---|---|
| March
2023 |
February
2023 |
March
2022 |
Feb. 2023
to Mar. 2023 |
Mar. 2022
to Mar. 2023 |
03-31-2023 | 03-31-2022 | % Change | |
| Newfoundland and Labrador | 1 | 2 | 0 | -50.0 | -- | 14 | 7 | 100.0 |
|
Bankruptcies
|
0 | 2 | 0 | -100.0 | -- | 11 | 7 | 57.1 |
|
Proposals
|
1 | 0 | 0 | -- | -- | 3 | 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 | 1 | 2 | 1 | -50.0 | 0.0 | 18 | 11 | 63.6 |
|
Bankruptcies
|
1 | 1 | 1 | 0.0 | 0.0 | 12 | 8 | 50.0 |
|
Proposals
|
0 | 1 | 0 | -100.0 | -- | 6 | 3 | 100.0 |
| New Brunswick | 1 | 2 | 1 | -50.0 | 0.0 | 14 | 8 | 75.0 |
|
Bankruptcies
|
0 | 0 | 1 | -- | -100.0 | 9 | 7 | 28.6 |
|
Proposals
|
1 | 2 | 0 | -50.0 | -- | 5 | 1 | 400.0 |
| Quebec | 29 | 24 | 22 | 20.8 | 31.8 | 265 | 205 | 29.3 |
|
Bankruptcies
|
13 | 8 | 12 | 62.5 | 8.3 | 148 | 121 | 22.3 |
|
Proposals
|
16 | 16 | 10 | 0.0 | 60.0 | 117 | 84 | 39.3 |
| Ontario | 40 | 25 | 42 | 60.0 | -4.8 | 328 | 227 | 44.5 |
|
Bankruptcies
|
27 | 13 | 23 | 107.7 | 17.4 | 182 | 129 | 41.1 |
|
Proposals
|
13 | 12 | 19 | 8.3 | -31.6 | 146 | 98 | 49.0 |
| Manitoba | 3 | 3 | 3 | 0.0 | 0.0 | 23 | 16 | 43.8 |
|
Bankruptcies
|
1 | 3 | 1 | -66.7 | 0.0 | 13 | 12 | 8.3 |
|
Proposals
|
2 | 0 | 2 | -- | 0.0 | 10 | 4 | 150.0 |
| Saskatchewan | 6 | 4 | 6 | 50.0 | 0.0 | 46 | 35 | 31.4 |
|
Bankruptcies
|
3 | 2 | 4 | 50.0 | -25.0 | 24 | 24 | 0.0 |
|
Proposals
|
3 | 2 | 2 | 50.0 | 50.0 | 22 | 11 | 100.0 |
| Alberta | 11 | 8 | 11 | 37.5 | 0.0 | 125 | 70 | 78.6 |
|
Bankruptcies
|
6 | 6 | 5 | 0.0 | 20.0 | 57 | 41 | 39.0 |
|
Proposals
|
5 | 2 | 6 | 150.0 | -16.7 | 68 | 29 | 134.5 |
| British Columbia | 8 | 10 | 5 | -20.0 | 60.0 | 93 | 48 | 93.8 |
|
Bankruptcies
|
4 | 6 | 5 | -33.3 | -20.0 | 58 | 32 | 81.3 |
|
Proposals
|
4 | 4 | 0 | 0.0 | -- | 35 | 16 | 118.8 |
| Northwest Territories | 0 | 0 | 0 | -- | -- | 2 | 0 | -- |
|
Bankruptcies
|
0 | 0 | 0 | -- | -- | 0 | 0 | -- |
|
Proposals
|
0 | 0 | 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 | 100 | 80 | 91 | 25.0 | 9.9 | 928 | 630 | 47.3 |
|
Bankruptcies
|
55 | 41 | 52 | 34.1 | 5.8 | 514 | 383 | 34.2 |
|
Proposals
|
45 | 39 | 39 | 15.4 | 15.4 | 414 | 247 | 67.6 |
| - | Volume | % Change | 12-Month Period Ending | |||||
|---|---|---|---|---|---|---|---|---|
| March
2023 |
February
2023 |
March
2022 |
Feb. 2023
to Mar. 2023 |
Mar. 2022
to Mar. 2023 |
03-31-2023 | 03-31-2022 | % Change | |
| Agriculture, Forestry, Fishing and Hunting | 9 | 4 | 6 | 125.0 | 50.0 | 76 | 68 | 11.8 |
|
Bankruptcies
|
6 | 4 | 6 | 50.0 | 0.0 | 57 | 59 | -3.4 |
|
Proposals
|
3 | 0 | 0 | -- | -- | 19 | 9 | 111.1 |
| Mining and Oil and Gas Extraction | 3 | 3 | 1 | 0.0 | 200.0 | 30 | 34 | -11.8 |
|
Bankruptcies
|
1 | 3 | 1 | -66.7 | 0.0 | 21 | 28 | -25.0 |
|
Proposals
|
2 | 0 | 0 | -- | -- | 9 | 6 | 50.0 |
| Utilities | 0 | 0 | 0 | -- | -- | 7 | 3 | 133.3 |
|
Bankruptcies
|
0 | 0 | 0 | -- | -- | 4 | 2 | 100.0 |
|
Proposals
|
0 | 0 | 0 | -- | -- | 3 | 1 | 200.0 |
| Construction | 68 | 38 | 57 | 78.9 | 19.3 | 551 | 389 | 41.6 |
|
Bankruptcies
|
46 | 26 | 40 | 76.9 | 15.0 | 376 | 285 | 31.9 |
|
Proposals
|
22 | 12 | 17 | 83.3 | 29.4 | 175 | 104 | 68.3 |
| Manufacturing | 36 | 25 | 22 | 44.0 | 63.6 | 305 | 220 | 38.6 |
|
Bankruptcies
|
30 | 17 | 17 | 76.5 | 76.5 | 226 | 169 | 33.7 |
|
Proposals
|
6 | 8 | 5 | -25.0 | 20.0 | 79 | 51 | 54.9 |
| Wholesale Trade | 20 | 19 | 16 | 5.3 | 25.0 | 169 | 110 | 53.6 |
|
Bankruptcies
|
17 | 14 | 13 | 21.4 | 30.8 | 135 | 90 | 50.0 |
|
Proposals
|
3 | 5 | 3 | -40.0 | 0.0 | 34 | 20 | 70.0 |
| Retail Trade | 53 | 36 | 25 | 47.2 | 112.0 | 428 | 275 | 55.6 |
|
Bankruptcies
|
41 | 31 | 21 | 32.3 | 95.2 | 353 | 225 | 56.9 |
|
Proposals
|
12 | 5 | 4 | 140.0 | 200.0 | 75 | 50 | 50.0 |
| Transportation and Warehousing | 28 | 26 | 34 | 7.7 | -17.6 | 280 | 230 | 21.7 |
|
Bankruptcies
|
20 | 15 | 26 | 33.3 | -23.1 | 212 | 183 | 15.8 |
|
Proposals
|
8 | 11 | 8 | -27.3 | 0.0 | 68 | 47 | 44.7 |
| Information and Cultural Industries | 6 | 5 | 6 | 20.0 | 0.0 | 67 | 53 | 26.4 |
|
Bankruptcies
|
5 | 4 | 4 | 25.0 | 25.0 | 53 | 34 | 55.9 |
|
Proposals
|
1 | 1 | 2 | 0.0 | -50.0 | 14 | 19 | -26.3 |
| Finance and Insurance | 4 | 3 | 4 | 33.3 | 0.0 | 48 | 38 | 26.3 |
|
Bankruptcies
|
4 | 2 | 2 | 100.0 | 100.0 | 34 | 28 | 21.4 |
|
Proposals
|
0 | 1 | 2 | -100.0 | -100.0 | 14 | 10 | 40.0 |
| Real Estate and Rental and Leasing | 9 | 8 | 9 | 12.5 | 0.0 | 128 | 105 | 21.9 |
|
Bankruptcies
|
7 | 5 | 6 | 40.0 | 16.7 | 103 | 70 | 47.1 |
|
Proposals
|
2 | 3 | 3 | -33.3 | -33.3 | 25 | 35 | -28.6 |
| Professional, Scientific and Technical Services | 25 | 25 | 27 | 0.0 | -7.4 | 251 | 203 | 23.6 |
|
Bankruptcies
|
18 | 22 | 20 | -18.2 | -10.0 | 189 | 163 | 16.0 |
|
Proposals
|
7 | 3 | 7 | 133.3 | 0.0 | 62 | 40 | 55.0 |
| Management of Companies and Enterprises | 12 | 6 | 9 | 100.0 | 33.3 | 81 | 74 | 9.5 |
|
Bankruptcies
|
10 | 4 | 9 | 150.0 | 11.1 | 67 | 58 | 15.5 |
|
Proposals
|
2 | 2 | 0 | 0.0 | -- | 14 | 16 | -12.5 |
| Administrative and Support, Waste Management and Remediation Services | 23 | 17 | 21 | 35.3 | 9.5 | 167 | 169 | -1.2 |
|
Bankruptcies
|
14 | 11 | 13 | 27.3 | 7.7 | 112 | 123 | -8.9 |
|
Proposals
|
9 | 6 | 8 | 50.0 | 12.5 | 55 | 46 | 19.6 |
| Educational Services | 4 | 5 | 3 | -20.0 | 33.3 | 42 | 26 | 61.5 |
|
Bankruptcies
|
3 | 5 | 3 | -40.0 | 0.0 | 35 | 21 | 66.7 |
|
Proposals
|
1 | 0 | 0 | -- | -- | 7 | 5 | 40.0 |
| Health Care and Social Assistance | 7 | 3 | 7 | 133.3 | 0.0 | 89 | 74 | 20.3 |
|
Bankruptcies
|
6 | 2 | 4 | 200.0 | 50.0 | 58 | 55 | 5.5 |
|
Proposals
|
1 | 1 | 3 | 0.0 | -66.7 | 31 | 19 | 63.2 |
| Arts, Entertainment and Recreation | 12 | 9 | 5 | 33.3 | 140.0 | 92 | 76 | 21.1 |
|
Bankruptcies
|
11 | 9 | 5 | 22.2 | 120.0 | 82 | 59 | 39.0 |
|
Proposals
|
1 | 0 | 0 | -- | -- | 10 | 17 | -41.2 |
| Accommodation and Food Services | 78 | 49 | 42 | 59.2 | 85.7 | 593 | 384 | 54.4 |
|
Bankruptcies
|
59 | 39 | 32 | 51.3 | 84.4 | 500 | 313 | 59.7 |
|
Proposals
|
19 | 10 | 10 | 90.0 | 90.0 | 93 | 71 | 31.0 |
| Other Services (except Public Administration) | 36 | 23 | 24 | 56.5 | 50.0 | 247 | 148 | 66.9 |
|
Bankruptcies
|
32 | 21 | 17 | 52.4 | 88.2 | 204 | 117 | 74.4 |
|
Proposals
|
4 | 2 | 7 | 100.0 | -42.9 | 43 | 31 | 38.7 |
| Public Administration | 2 | 0 | 0 | -- | -- | 12 | 4 | 200.0 |
|
Bankruptcies
|
1 | 0 | 0 | -- | -- | 10 | 4 | 150.0 |
|
Proposals
|
1 | 0 | 0 | -- | -- | 2 | 0 | -- |
| Canada | 435 | 304 | 318 | 43.1 | 36.8 | 3,663 | 2,683 | 36.5 |
| Bankruptcies | 331 | 234 | 239 | 41.5 | 38.5 | 2,831 | 2,086 | 35.7 |
| Proposals | 104 | 70 | 79 | 48.6 | 31.6 | 832 | 597 | 39.4 |