Insolvency statistics in Canada—Third quarter of 2022 (part 3)

 

Some insolvency filings do not have an identifiable Economic Region. Previously, a process was used to redistribute these filings among Economic Regions. From 2022 onwards, filings with an unknown Economic Region will be reported as such. Note that in cases where there is a discrepancy between past reports, the most recent report is considered correct.

Table 5: BIA Insolvencies Filed by Consumers by ER
- Volume % Change 12-Month Period Ending
Q3 2022 Q2 2022 Q3 2021 Q2 2022
to
Q2 2022		 Q3 2021
to
Q3 2022		 09-30-2022 09-30-2021 % Change
Newfoundland and Labrador 520 488 368 6.6 41.3 1,837 1,807 1.7

Bankruptcies

 180 184 130 -2.2 38.5 651 653 -0.3

Proposals

 340 304 238 11.8 42.9 1,186 1,154 2.8
Avalon Peninsula 293 223 191 31.4 53.4 926 920 0.7

Bankruptcies

 93 75 74 24.0 25.7 318 347 -8.4

Proposals

 200 148 117 35.1 70.9 608 573 6.1
South Coast - Burin Peninsula 27 33 31 -18.2 -12.9 120 121 -0.8

Bankruptcies

 13 11 9 18.2 44.4 41 39 5.1

Proposals

 14 22 22 -36.4 -36.4 79 82 -3.7
West Coast - Northern Peninsula - Labrador 77 83 62 -7.2 24.2 304 302 0.7

Bankruptcies

 29 42 16 -31.0 81.3 113 89 27.0

Proposals

 48 41 46 17.1 4.3 191 213 -10.3
Notre Dame - Central Bonavista Bay 108 131 72 -17.6 50.0 428 415 3.1

Bankruptcies

 37 52 28 -28.8 32.1 157 160 -1.9

Proposals

 71 79 44 -10.1 61.4 271 255 6.3
Unknown 15 18 12 -16.7 25.0 59 49 20.4

Bankruptcies

 8 4 3 100.0 166.7 22 18 22.2

Proposals

 7 14 9 -50.0 -22.2 37 31 19.4
Prince Edward Island 112 116 77 -3.4 45.5 445 379 17.4

Bankruptcies

 38 47 31 -19.1 22.6 175 167 4.8

Proposals

 74 69 46 7.2 60.9 270 212 27.4
Prince Edward Island 107 111 76 -3.6 40.8 431 368 17.1

Bankruptcies

 38 42 30 -9.5 26.7 169 160 5.6

Proposals

 69 69 46 0.0 50.0 262 208 26.0
Unknown 5 5 1 0.0 400.0 14 11 27.3

Bankruptcies

 0 5 1 -100.0 -100.0 6 7 -14.3

Proposals

 5 0 0 -- -- 8 4 100.0
Nova Scotia 941 938 702 0.3 34.0 3,264 3,115 4.8

Bankruptcies

 316 364 295 -13.2 7.1 1,222 1,342 -8.9

Proposals

 625 574 407 8.9 53.6 2,042 1,773 15.2
Cape Breton 136 165 145 -17.6 -6.2 568 551 3.1

Bankruptcies

 52 58 62 -10.3 -16.1 219 243 -9.9

Proposals

 84 107 83 -21.5 1.2 349 308 13.3
North Shore 155 168 115 -7.7 34.8 532 559 -4.8

Bankruptcies

 51 55 40 -7.3 27.5 182 223 -18.4

Proposals

 104 113 75 -8.0 38.7 350 336 4.2
Annapolis Valley 111 108 84 2.8 32.1 387 405 -4.4

Bankruptcies

 36 49 43 -26.5 -16.3 160 199 -19.6

Proposals

 75 59 41 27.1 82.9 227 206 10.2
Southern 137 124 90 10.5 52.2 433 383 13.1

Bankruptcies

 44 46 39 -4.3 12.8 152 180 -15.6

Proposals

 93 78 51 19.2 82.4 281 203 38.4
Halifax 376 349 246 7.7 52.8 1,257 1,146 9.7

Bankruptcies

 126 150 103 -16.0 22.3 484 468 3.4

Proposals

 250 199 143 25.6 74.8 773 678 14.0
Unknown 26 24 22 8.3 18.2 87 71 22.5

Bankruptcies

 7 6 8 16.7 -12.5 25 29 -13.8

Proposals

 19 18 14 5.6 35.7 62 42 47.6
New Brunswick 823 792 688 3.9 19.6 3,014 3,180 -5.2

Bankruptcies

 265 293 280 -9.6 -5.4 1,066 1,403 -24.0

Proposals

 558 499 408 11.8 36.8 1,948 1,777 9.6
Campbellton - Miramichi 171 165 144 3.6 18.8 659 719 -8.3

Bankruptcies

 52 80 52 -35.0 0.0 263 302 -12.9

Proposals

 119 85 92 40.0 29.3 396 417 -5.0
Moncton - Richibucto 236 229 193 3.1 22.3 837 855 -2.1

Bankruptcies

 75 70 82 7.1 -8.5 268 380 -29.5

Proposals

 161 159 111 1.3 45.0 569 475 19.8
Saint John - St.Stephen 186 180 164 3.3 13.4 691 717 -3.6

Bankruptcies

 67 70 64 -4.3 4.7 260 316 -17.7

Proposals

 119 110 100 8.2 19.0 431 401 7.5
Fredericton - Oromocto 125 127 107 -1.6 16.8 466 487 -4.3

Bankruptcies

 35 37 47 -5.4 -25.5 139 238 -41.6

Proposals

 90 90 60 0.0 50.0 327 249 31.3
Edmundston - Woodstock 97 80 76 21.3 27.6 323 365 -11.5

Bankruptcies

 32 31 33 3.2 -3.0 125 159 -21.4

Proposals

 65 49 43 32.7 51.2 198 206 -3.9
Unknown 8 11 4 -27.3 100.0 38 37 2.7

Bankruptcies

 4 5 2 -20.0 100.0 11 8 37.5

Proposals

 4 6 2 -33.3 100.0 27 29 -6.9
Quebec 6,587 6,193 5,690 6.4 15.8 24,815 24,129 2.8

Bankruptcies

 2,311 2,190 2,455 5.5 -5.9 9,202 10,519 -12.5

Proposals

 4,276 4,003 3,235 6.8 32.2 15,613 13,610 14.7
Gaspésie - Îles-de-la-Madeleine 77 68 56 13.2 37.5 288 286 0.7

Bankruptcies

 22 17 21 29.4 4.8 92 128 -28.1

Proposals

 55 51 35 7.8 57.1 196 158 24.1
Bas-Saint-Laurent 133 173 122 -23.1 9.0 668 558 19.7

Bankruptcies

 46 68 57 -32.4 -19.3 253 252 0.4

Proposals

 87 105 65 -17.1 33.8 415 306 35.6
Capitale-Nationale 558 522 487 6.9 14.6 2,135 2,081 2.6

Bankruptcies

 187 163 213 14.7 -12.2 718 896 -19.9

Proposals

 371 359 274 3.3 35.4 1,417 1,185 19.6
Chaudière - Appalaches 301 282 284 6.7 6.0 1,155 1,121 3.0

Bankruptcies

 98 92 114 6.5 -14.0 412 482 -14.5

Proposals

 203 190 170 6.8 19.4 743 639 16.3
Estrie 278 213 231 30.5 20.3 986 928 6.3

Bankruptcies

 118 89 111 32.6 6.3 435 431 0.9

Proposals

 160 124 120 29.0 33.3 551 497 10.9
Centre-du-Québec 210 198 186 6.1 12.9 789 759 4.0

Bankruptcies

 83 84 88 -1.2 -5.7 332 350 -5.1

Proposals

 127 114 98 11.4 29.6 457 409 11.7
Montérégie 1,137 1,119 1,060 1.6 7.3 4,379 4,367 0.3

Bankruptcies

 368 369 420 -0.3 -12.4 1,545 1,737 -11.1

Proposals

 769 750 640 2.5 20.2 2,834 2,630 7.8
Montréal 1,192 1,197 1,069 -0.4 11.5 4,563 4,516 1.0

Bankruptcies

 461 490 477 -5.9 -3.4 1,861 2,079 -10.5

Proposals

 731 707 592 3.4 23.5 2,702 2,437 10.9
Laval 270 254 230 6.3 17.4 1,016 1,041 -2.4

Bankruptcies

 100 100 108 0.0 -7.4 401 437 -8.2

Proposals

 170 154 122 10.4 39.3 615 604 1.8
Lanaudière 533 439 399 21.4 33.6 1,849 1,774 4.2

Bankruptcies

 177 146 171 21.2 3.5 661 737 -10.3

Proposals

 356 293 228 21.5 56.1 1,188 1,037 14.6
Laurentides 550 493 478 11.6 15.1 2,031 2,032 0.0

Bankruptcies

 194 178 197 9.0 -1.5 733 876 -16.3

Proposals

 356 315 281 13.0 26.7 1,298 1,156 12.3
Outaouais 374 351 312 6.6 19.9 1,377 1,317 4.6

Bankruptcies

 116 108 131 7.4 -11.5 461 566 -18.6

Proposals

 258 243 181 6.2 42.5 916 751 22.0
Abitibi - Témiscamingue 119 122 103 -2.5 15.5 503 524 -4.0

Bankruptcies

 33 33 49 0.0 -32.7 150 200 -25.0

Proposals

 86 89 54 -3.4 59.3 353 324 9.0
Mauricie 288 254 190 13.4 51.6 1,007 911 10.5

Bankruptcies

 130 100 93 30.0 39.8 453 481 -5.8

Proposals

 158 154 97 2.6 62.9 554 430 28.8
Saguenay - Lac-Saint-Jean 209 184 218 13.6 -4.1 821 861 -4.6

Bankruptcies

 85 66 96 28.8 -11.5 326 442 -26.2

Proposals

 124 118 122 5.1 1.6 495 419 18.1
Côte-Nord 76 68 56 11.8 35.7 266 271 -1.8

Bankruptcies

 16 19 24 -15.8 -33.3 77 108 -28.7

Proposals

 60 49 32 22.4 87.5 189 163 16.0
Nord-du-Québec 14 12 17 16.7 -17.6 61 42 45.2

Bankruptcies

 2 0 4 -- -50.0 11 18 -38.9

Proposals

 12 12 13 0.0 -7.7 50 24 108.3
Unknown 268 244 192 9.8 39.6 921 740 24.5

Bankruptcies

 75 68 81 10.3 -7.4 281 299 -6.0

Proposals

 193 176 111 9.7 73.9 640 441 45.1
Ontario 8,966 8,820 7,066 1.7 26.9 33,287 30,875 7.8

Bankruptcies

 1,791 1,970 1,703 -9.1 5.2 7,279 7,928 -8.2

Proposals

 7,175 6,850 5,363 4.7 33.8 26,008 22,947 13.3
Ottawa 781 767 631 1.8 23.8 2,886 2,738 5.4

Bankruptcies

 193 241 219 -19.9 -11.9 865 949 -8.9

Proposals

 588 526 412 11.8 42.7 2,021 1,789 13.0
Kingston - Pembroke 373 321 276 16.2 35.1 1,305 1,225 6.5

Bankruptcies

 102 95 76 7.4 34.2 364 351 3.7

Proposals

 271 226 200 19.9 35.5 941 874 7.7
Muskoka - Kawarthas 244 245 177 -0.4 37.9 892 817 9.2

Bankruptcies

 40 53 40 -24.5 0.0 193 222 -13.1

Proposals

 204 192 137 6.3 48.9 699 595 17.5
Toronto 3,613 3,500 2,817 3.2 28.3 13,256 12,574 5.4

Bankruptcies

 603 666 612 -9.5 -1.5 2,462 2,772 -11.2

Proposals

 3,010 2,834 2,205 6.2 36.5 10,794 9,802 10.1
Kitchener - Waterloo - Barrie 907 852 704 6.5 28.8 3,275 3,029 8.1

Bankruptcies

 159 172 156 -7.6 1.9 665 807 -17.6

Proposals

 748 680 548 10.0 36.5 2,610 2,222 17.5
Hamilton - Niagara Peninsula 975 904 740 7.9 31.8 3,522 3,001 17.4

Bankruptcies

 208 218 190 -4.6 9.5 805 786 2.4

Proposals

 767 686 550 11.8 39.5 2,717 2,215 22.7
London 498 538 404 -7.4 23.3 1,984 1,727 14.9

Bankruptcies

 103 137 95 -24.8 8.4 446 454 -1.8

Proposals

 395 401 309 -1.5 27.8 1,538 1,273 20.8
Windsor - Sarnia 447 489 390 -8.6 14.6 1,786 1,584 12.8

Bankruptcies

 110 110 87 0.0 26.4 415 398 4.3

Proposals

 337 379 303 -11.1 11.2 1,371 1,186 15.6
Stratford - Bruce Peninsula 131 115 114 13.9 14.9 483 524 -7.8

Bankruptcies

 33 35 31 -5.7 6.5 135 154 -12.3

Proposals

 98 80 83 22.5 18.1 348 370 -5.9
Northeast 514 565 448 -9.0 14.7 1,988 1,959 1.5

Bankruptcies

 140 149 105 -6.0 33.3 540 573 -5.8

Proposals

 374 416 343 -10.1 9.0 1,448 1,386 4.5
Northwest 123 110 98 11.8 25.5 484 486 -0.4

Bankruptcies

 42 34 38 23.5 10.5 149 184 -19.0

Proposals

 81 76 60 6.6 35.0 335 302 10.9
Unknown 360 414 267 -13.0 34.8 1,426 1,211 17.8

Bankruptcies

 58 60 54 -3.3 7.4 240 278 -13.7

Proposals

 302 354 213 -14.7 41.8 1,186 933 27.1
Manitoba 754 704 602 7.1 25.2 2,683 2,444 9.8

Bankruptcies

 207 195 190 6.2 8.9 734 765 -4.1

Proposals

 547 509 412 7.5 32.8 1,949 1,679 16.1
Southeast 43 44 43 -2.3 0.0 156 170 -8.2

Bankruptcies

 10 13 13 -23.1 -23.1 41 64 -35.9

Proposals

 33 31 30 6.5 10.0 115 106 8.5
South Central 21 17 27 23.5 -22.2 77 99 -22.2

Bankruptcies

 3 5 11 -40.0 -72.7 14 29 -51.7

Proposals

 18 12 16 50.0 12.5 63 70 -10.0
Southwest 97 79 71 22.8 36.6 306 260 17.7

Bankruptcies

 17 25 24 -32.0 -29.2 86 78 10.3

Proposals

 80 54 47 48.1 70.2 220 182 20.9
North Central 28 15 24 86.7 16.7 82 77 6.5

Bankruptcies

 5 3 5 66.7 0.0 24 28 -14.3

Proposals

 23 12 19 91.7 21.1 58 49 18.4
Winnipeg 432 443 335 -2.5 29.0 1,603 1,437 11.6

Bankruptcies

 131 119 106 10.1 23.6 447 437 2.3

Proposals

 301 324 229 -7.1 31.4 1,156 1,000 15.6
Interlake 32 40 25 -20.0 28.0 129 119 8.4

Bankruptcies

 8 9 10 -11.1 -20.0 29 48 -39.6

Proposals

 24 31 15 -22.6 60.0 100 71 40.8
Parklands 23 20 23 15.0 0.0 73 79 -7.6

Bankruptcies

 8 5 10 60.0 -20.0 18 33 -45.5

Proposals

 15 15 13 0.0 15.4 55 46 19.6
North 31 12 22 158.3 40.9 98 86 14.0

Bankruptcies

 9 3 5 200.0 80.0 27 20 35.0

Proposals

 22 9 17 144.4 29.4 71 66 7.6
Unknown 47 34 32 38.2 46.9 159 117 35.9

Bankruptcies

 16 13 6 23.1 166.7 48 28 71.4

Proposals

 31 21 26 47.6 19.2 111 89 24.7
Saskatchewan 787 795 602 -1.0 30.7 3,019 2,704 11.6

Bankruptcies

 170 161 168 5.6 1.2 674 793 -15.0

Proposals

 617 634 434 -2.7 42.2 2,345 1,911 22.7
Regina - Moose Mountain 221 273 209 -19.0 5.7 941 919 2.4

Bankruptcies

 55 57 64 -3.5 -14.1 228 245 -6.9

Proposals

 166 216 145 -23.1 14.5 713 674 5.8
Swift Current - Moose Jaw 77 52 72 48.1 6.9 252 244 3.3

Bankruptcies

 19 13 23 46.2 -17.4 64 83 -22.9

Proposals

 58 39 49 48.7 18.4 188 161 16.8
Saskatoon - Biggar 239 225 141 6.2 69.5 907 759 19.5

Bankruptcies

 53 36 30 47.2 76.7 199 221 -10.0

Proposals

 186 189 111 -1.6 67.6 708 538 31.6
Yorkton - Melville 55 42 53 31.0 3.8 207 218 -5.0

Bankruptcies

 19 16 10 18.8 90.0 61 61 0.0

Proposals

 36 26 43 38.5 -16.3 146 157 -7.0
Prince Albert 152 151 85 0.7 78.8 542 437 24.0

Bankruptcies

 21 28 28 -25.0 -25.0 97 147 -34.0

Proposals

 131 123 57 6.5 129.8 445 290 53.4
Northern 16 15 14 6.7 14.3 55 50 10.0

Bankruptcies

 1 1 3 0.0 -66.7 6 17 -64.7

Proposals

 15 14 11 7.1 36.4 49 33 48.5
Unknown 27 37 28 -27.0 -3.6 115 77 49.4

Bankruptcies

 2 10 10 -80.0 -80.0 19 19 0.0

Proposals

 25 27 18 -7.4 38.9 96 58 65.5
Alberta 3,676 3,929 3,236 -6.4 13.6 14,520 13,812 5.1

Bankruptcies

 559 639 580 -12.5 -3.6 2,419 2,961 -18.3

Proposals

 3,117 3,290 2,656 -5.3 17.4 12,101 10,851 11.5
Lethbridge - Medicine Hat 273 272 229 0.4 19.2 1,078 967 11.5

Bankruptcies

 41 52 40 -21.2 2.5 181 193 -6.2

Proposals

 232 220 189 5.5 22.8 897 774 15.9
Camrose - Drumheller 162 180 127 -10.0 27.6 631 573 10.1

Bankruptcies

 28 34 32 -17.6 -12.5 131 160 -18.1

Proposals

 134 146 95 -8.2 41.1 500 413 21.1
Calgary 1,095 1,190 989 -8.0 10.7 4,372 4,317 1.3

Bankruptcies

 188 226 196 -16.8 -4.1 809 1,027 -21.2

Proposals

 907 964 793 -5.9 14.4 3,563 3,290 8.3
Banff - Jasper - Rocky Mountain House 55 89 75 -38.2 -26.7 280 254 10.2

Bankruptcies

 8 16 21 -50.0 -61.9 50 62 -19.4

Proposals

 47 73 54 -35.6 -13.0 230 192 19.8
Red Deer 246 218 206 12.8 19.4 878 873 0.6

Bankruptcies

 39 36 32 8.3 21.9 138 177 -22.0

Proposals

 207 182 174 13.7 19.0 740 696 6.3
Edmonton 1,185 1,252 1,031 -5.4 14.9 4,640 4,457 4.1

Bankruptcies

 185 188 165 -1.6 12.1 769 908 -15.3

Proposals

 1,000 1,064 866 -6.0 15.5 3,871 3,549 9.1
Athabasca - Grande Prairie - Peace River 200 221 203 -9.5 -1.5 825 813 1.5

Bankruptcies

 21 32 36 -34.4 -41.7 129 157 -17.8

Proposals

 179 189 167 -5.3 7.2 696 656 6.1
Wood Buffalo - Cold Lake 175 187 132 -6.4 32.6 657 592 11.0

Bankruptcies

 18 22 18 -18.2 0.0 77 104 -26.0

Proposals

 157 165 114 -4.8 37.7 580 488 18.9
Unknown 285 320 244 -10.9 16.8 1,159 966 20.0

Bankruptcies

 31 33 40 -6.1 -22.5 135 173 -22.0

Proposals

 254 287 204 -11.5 24.5 1,024 793 29.1
British Columbia 2,666 2,474 2,060 7.8 29.4 9,553 8,650 10.4

Bankruptcies

 442 465 490 -4.9 -9.8 1,823 2,275 -19.9

Proposals

 2,224 2,009 1,570 10.7 41.7 7,730 6,375 21.3
Vancouver Island and Coast 527 469 385 12.4 36.9 1,827 1,598 14.3

Bankruptcies

 94 93 83 1.1 13.3 347 391 -11.3

Proposals

 433 376 302 15.2 43.4 1,480 1,207 22.6
Lower Mainland - Southwest 1,347 1,274 1,041 5.7 29.4 4,830 4,486 7.7

Bankruptcies

 209 240 249 -12.9 -16.1 936 1,214 -22.9

Proposals

 1,138 1,034 792 10.1 43.7 3,894 3,272 19.0
Thompson - Okanagan 342 323 268 5.9 27.6 1,268 1,199 5.8

Bankruptcies

 65 56 62 16.1 4.8 233 303 -23.1

Proposals

 277 267 206 3.7 34.5 1,035 896 15.5
Kootenay 84 56 71 50.0 18.3 276 269 2.6

Bankruptcies

 17 7 22 142.9 -22.7 56 74 -24.3

Proposals

 67 49 49 36.7 36.7 220 195 12.8
Cariboo 112 103 119 8.7 -5.9 408 347 17.6

Bankruptcies

 21 32 35 -34.4 -40.0 99 106 -6.6

Proposals

 91 71 84 28.2 8.3 309 241 28.2
North Coast 30 31 24 -3.2 25.0 112 73 53.4

Bankruptcies

 0 2 3 -100.0 -100.0 11 18 -38.9

Proposals

 30 29 21 3.4 42.9 101 55 83.6
Nechako 23 15 12 53.3 91.7 80 68 17.6

Bankruptcies

 1 3 3 -66.7 -66.7 10 17 -41.2

Proposals

 22 12 9 83.3 144.4 70 51 37.3
Northeast 57 50 39 14.0 46.2 209 208 0.5

Bankruptcies

 10 9 10 11.1 0.0 36 64 -43.8

Proposals

 47 41 29 14.6 62.1 173 144 20.1
Unknown 144 153 101 -5.9 42.6 543 402 35.1

Bankruptcies

 25 23 23 8.7 8.7 95 88 8.0

Proposals

 119 130 78 -8.5 52.6 448 314 42.7
Northwest Territories 11 17 9 -35.3 22.2 65 45 44.4

Bankruptcies

 0 2 0 -100.0 -- 7 5 40.0

Proposals

 11 15 9 -26.7 22.2 58 40 45.0
Northwest Territories 10 17 9 -41.2 11.1 63 45 40.0

Bankruptcies

 0 2 0 -100.0 -- 7 5 40.0

Proposals

 10 15 9 -33.3 11.1 56 40 40.0
Unknown 1 0 0 -- -- 2 0 --

Bankruptcies

 0 0 0 -- -- 0 0 --

Proposals

 1 0 0 -- -- 2 0 --
Yukon 14 18 9 -22.2 55.6 52 35 48.6

Bankruptcies

 2 0 1 -- 100.0 6 11 -45.5

Proposals

 12 18 8 -33.3 50.0 46 24 91.7
Yukon 12 17 9 -29.4 33.3 49 34 44.1

Bankruptcies

 2 0 1 -- 100.0 6 10 -40.0

Proposals

 10 17 8 -41.2 25.0 43 24 79.2
Unknown 2 1 0 100.0 -- 3 1 200.0

Bankruptcies

 0 0 0 -- -- 0 1 -100.0

Proposals

 2 1 0 100.0 -- 3 0 --
Nunavut 3 2 4 50.0 -25.0 11 15 -26.7

Bankruptcies

 0 0 1 -- -100.0 0 2 -100.0

Proposals

 3 2 3 50.0 0.0 11 13 -15.4
Nunavut 3 2 4 50.0 -25.0 11 15 -26.7

Bankruptcies

 0 0 1 -- -100.0 0 2 -100.0

Proposals

 3 2 3 50.0 0.0 11 13 -15.4
Unknown 0 0 0 -- -- 0 0 --

Bankruptcies

 0 0 0 -- -- 0 0 --

Proposals

 0 0 0 -- -- 0 0 --
 
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