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 | |||||
|---|---|---|---|---|---|---|---|---|
| December 2022 | November 2022 | December 2021 | November 2022 to December 2022 |
December 2021 to December 2022 |
12-31-2022 | 12-31-2021 | % Change | |
| Newfoundland and Labrador | 150 | 142 | 101 | 5.6 | 48.5 | 1,940 | 1,749 | 10.9 |
|
Bankruptcies
|
56 | 40 | 37 | 40.0 | 51.4 | 684 | 653 | 4.7 |
|
Proposals
|
94 | 102 | 64 | -7.8 | 46.9 | 1,256 | 1,096 | 14.6 |
| Prince Edward Island | 40 | 33 | 31 | 21.2 | 29.0 | 446 | 388 | 14.9 |
|
Bankruptcies
|
14 | 12 | 10 | 16.7 | 40.0 | 171 | 172 | -0.6 |
|
Proposals
|
26 | 21 | 21 | 23.8 | 23.8 | 275 | 216 | 27.3 |
| Nova Scotia | 277 | 330 | 198 | -16.1 | 39.9 | 3,494 | 3,024 | 15.5 |
|
Bankruptcies
|
84 | 98 | 80 | -14.3 | 5.0 | 1,225 | 1,281 | -4.4 |
|
Proposals
|
193 | 232 | 118 | -16.8 | 63.6 | 2,269 | 1,743 | 30.2 |
| New Brunswick | 230 | 274 | 217 | -16.1 | 6.0 | 3,154 | 2,997 | 5.2 |
|
Bankruptcies
|
49 | 77 | 83 | -36.4 | -41.0 | 1,048 | 1,251 | -16.2 |
|
Proposals
|
181 | 197 | 134 | -8.1 | 35.1 | 2,106 | 1,746 | 20.6 |
| Quebec | 1,812 | 2,637 | 1,794 | -31.3 | 1.0 | 27,378 | 25,197 | 8.7 |
|
Bankruptcies
|
685 | 918 | 797 | -25.4 | -14.1 | 10,419 | 11,373 | -8.4 |
|
Proposals
|
1,127 | 1,719 | 997 | -34.4 | 13.0 | 16,959 | 13,824 | 22.7 |
| Ontario | 2,854 | 3,475 | 2,444 | -17.9 | 16.8 | 35,642 | 30,940 | 15.2 |
|
Bankruptcies
|
608 | 708 | 666 | -14.1 | -8.7 | 7,791 | 8,027 | -2.9 |
|
Proposals
|
2,246 | 2,767 | 1,778 | -18.8 | 26.3 | 27,851 | 22,913 | 21.6 |
| Manitoba | 262 | 247 | 208 | 6.1 | 26.0 | 2,807 | 2,538 | 10.6 |
|
Bankruptcies
|
73 | 68 | 73 | 7.4 | 0.0 | 751 | 807 | -6.9 |
|
Proposals
|
189 | 179 | 135 | 5.6 | 40.0 | 2,056 | 1,731 | 18.8 |
| Saskatchewan | 276 | 260 | 245 | 6.2 | 12.7 | 3,173 | 2,772 | 14.5 |
|
Bankruptcies
|
52 | 40 | 56 | 30.0 | -7.1 | 676 | 780 | -13.3 |
|
Proposals
|
224 | 220 | 189 | 1.8 | 18.5 | 2,497 | 1,992 | 25.4 |
| Alberta | 1,204 | 1,402 | 1,056 | -14.1 | 14.0 | 15,112 | 14,095 | 7.2 |
|
Bankruptcies
|
181 | 235 | 198 | -23.0 | -8.6 | 2,507 | 2,819 | -11.1 |
|
Proposals
|
1,023 | 1,167 | 858 | -12.3 | 19.2 | 12,605 | 11,276 | 11.8 |
| British Columbia | 875 | 974 | 710 | -10.2 | 23.2 | 10,320 | 8,773 | 17.6 |
|
Bankruptcies
|
158 | 185 | 153 | -14.6 | 3.3 | 1,926 | 2,221 | -13.3 |
|
Proposals
|
717 | 789 | 557 | -9.1 | 28.7 | 8,394 | 6,552 | 28.1 |
| Northwest Territories | 5 | 1 | 10 | 400.0 | -50.0 | 58 | 53 | 9.4 |
|
Bankruptcies
|
0 | 0 | 1 | -- | -100.0 | 3 | 9 | -66.7 |
|
Proposals
|
5 | 1 | 9 | 400.0 | -44.4 | 55 | 44 | 25.0 |
| Yukon | 0 | 5 | 5 | -100.0 | -100.0 | 49 | 34 | 44.1 |
|
Bankruptcies
|
0 | 0 | 1 | -- | -100.0 | 6 | 9 | -33.3 |
|
Proposals
|
0 | 5 | 4 | -100.0 | -100.0 | 43 | 25 | 72.0 |
| Nunavut | 2 | 4 | 1 | -50.0 | 100.0 | 13 | 12 | 8.3 |
|
Bankruptcies
|
0 | 0 | 0 | -- | -- | 0 | 1 | -100.0 |
|
Proposals
|
2 | 4 | 1 | -50.0 | 100.0 | 13 | 11 | 18.2 |
| Canada | 7,987 | 9,784 | 7,020 | -18.4 | 13.8 | 103,586 | 92,572 | 11.9 |
|
Bankruptcies
|
1,960 | 2,381 | 2,155 | -17.7 | -9.0 | 27,207 | 29,403 | -7.5 |
|
Proposals
|
6,027 | 7,403 | 4,865 | -18.6 | 23.9 | 76,379 | 63,169 | 20.9 |
| - | Volume | % Change | 12-Month Period Ending | |||||
|---|---|---|---|---|---|---|---|---|
| December 2022 | November 2022 | December 2021 | November 2022 to December 2022 |
December 2021 to December 2022 |
12-31-2022 | 12-31-2021 | % Change | |
| Newfoundland and Labrador | 150 | 141 | 100 | 6.4 | 50.0 | 1,928 | 1,737 | 11.0 |
|
Bankruptcies
|
56 | 39 | 37 | 43.6 | 51.4 | 674 | 642 | 5.0 |
|
Proposals
|
94 | 102 | 63 | -7.8 | 49.2 | 1,254 | 1,095 | 14.5 |
| Prince Edward Island | 38 | 33 | 30 | 15.2 | 26.7 | 443 | 384 | 15.4 |
|
Bankruptcies
|
13 | 12 | 9 | 8.3 | 44.4 | 169 | 169 | 0.0 |
|
Proposals
|
25 | 21 | 21 | 19.0 | 19.0 | 274 | 215 | 27.4 |
| Nova Scotia | 273 | 328 | 197 | -16.8 | 38.6 | 3,467 | 3,007 | 15.3 |
|
Bankruptcies
|
83 | 97 | 80 | -14.4 | 3.8 | 1,208 | 1,268 | -4.7 |
|
Proposals
|
190 | 231 | 117 | -17.7 | 62.4 | 2,259 | 1,739 | 29.9 |
| New Brunswick | 230 | 270 | 215 | -14.8 | 7.0 | 3,128 | 2,985 | 4.8 |
|
Bankruptcies
|
49 | 75 | 81 | -34.7 | -39.5 | 1,027 | 1,241 | -17.2 |
|
Proposals
|
181 | 195 | 134 | -7.2 | 35.1 | 2,101 | 1,744 | 20.5 |
| Quebec | 1,626 | 2,428 | 1,627 | -33.0 | -0.1 | 25,433 | 23,667 | 7.5 |
|
Bankruptcies
|
531 | 741 | 660 | -28.3 | -19.5 | 8,795 | 10,113 | -13.0 |
|
Proposals
|
1,095 | 1,687 | 967 | -35.1 | 13.2 | 16,638 | 13,554 | 22.8 |
| Ontario | 2,752 | 3,372 | 2,362 | -18.4 | 16.5 | 34,736 | 30,327 | 14.5 |
|
Bankruptcies
|
531 | 637 | 608 | -16.6 | -12.7 | 7,133 | 7,580 | -5.9 |
|
Proposals
|
2,221 | 2,735 | 1,754 | -18.8 | 26.6 | 27,603 | 22,747 | 21.3 |
| Manitoba | 261 | 243 | 206 | 7.4 | 26.7 | 2,773 | 2,507 | 10.6 |
|
Bankruptcies
|
72 | 67 | 72 | 7.5 | 0.0 | 734 | 782 | -6.1 |
|
Proposals
|
189 | 176 | 134 | 7.4 | 41.0 | 2,039 | 1,725 | 18.2 |
| Saskatchewan | 270 | 256 | 241 | 5.5 | 12.0 | 3,116 | 2,724 | 14.4 |
|
Bankruptcies
|
49 | 38 | 52 | 28.9 | -5.8 | 642 | 744 | -13.7 |
|
Proposals
|
221 | 218 | 189 | 1.4 | 16.9 | 2,474 | 1,980 | 24.9 |
| Alberta | 1,182 | 1,379 | 1,044 | -14.3 | 13.2 | 14,875 | 13,956 | 6.6 |
|
Bankruptcies
|
173 | 220 | 191 | -21.4 | -9.4 | 2,374 | 2,731 | -13.1 |
|
Proposals
|
1,009 | 1,159 | 853 | -12.9 | 18.3 | 12,501 | 11,225 | 11.4 |
| British Columbia | 861 | 963 | 707 | -10.6 | 21.8 | 10,167 | 8,699 | 16.9 |
|
Bankruptcies
|
149 | 180 | 151 | -17.2 | -1.3 | 1,821 | 2,172 | -16.2 |
|
Proposals
|
712 | 783 | 556 | -9.1 | 28.1 | 8,346 | 6,527 | 27.9 |
| Northwest Territories | 3 | 1 | 10 | 200.0 | -70.0 | 56 | 53 | 5.7 |
|
Bankruptcies
|
0 | 0 | 1 | -- | -100.0 | 3 | 9 | -66.7 |
|
Proposals
|
3 | 1 | 9 | 200.0 | -66.7 | 53 | 44 | 20.5 |
| Yukon | 0 | 5 | 5 | -100.0 | -100.0 | 49 | 34 | 44.1 |
|
Bankruptcies
|
0 | 0 | 1 | -- | -100.0 | 6 | 9 | -33.3 |
|
Proposals
|
0 | 5 | 4 | -100.0 | -100.0 | 43 | 25 | 72.0 |
| Nunavut | 2 | 4 | 1 | -50.0 | 100.0 | 13 | 12 | 8.3 |
|
Bankruptcies
|
0 | 0 | 0 | -- | -- | 0 | 1 | -100.0 |
|
Proposals
|
2 | 4 | 1 | -50.0 | 100.0 | 13 | 11 | 18.2 |
| Canada | 7,648 | 9,423 | 6,745 | -18.8 | 13.4 | 100,184 | 90,092 | 11.2 |
|
Bankruptcies
|
1,706 | 2,106 | 1,943 | -19.0 | -12.2 | 24,586 | 27,461 | -10.5 |
|
Proposals
|
5,942 | 7,317 | 4,802 | -18.8 | 23.7 | 75,598 | 62,631 | 20.7 |
| - | Volume | % Change | 12-Month Period Ending | |||||
|---|---|---|---|---|---|---|---|---|
| December 2022 | November 2022 | December 2021 | November 2022 to December 2022 |
December 2021 to December 2022 |
12-31-2022 | 12-31-2021 | % Change | |
| Newfoundland and Labrador | 0 | 1 | 1 | -100.0 | -100.0 | 12 | 12 | 0.0 |
|
Bankruptcies
|
0 | 1 | 0 | -100.0 | -- | 10 | 11 | -9.1 |
|
Proposals
|
0 | 0 | 1 | -- | -100.0 | 2 | 1 | 100.0 |
| Prince Edward Island | 2 | 0 | 1 | -- | 100.0 | 3 | 4 | -25.0 |
|
Bankruptcies
|
1 | 0 | 1 | -- | 0.0 | 2 | 3 | -33.3 |
|
Proposals
|
1 | 0 | 0 | -- | -- | 1 | 1 | 0.0 |
| Nova Scotia | 4 | 2 | 1 | 100.0 | 300.0 | 27 | 17 | 58.8 |
|
Bankruptcies
|
1 | 1 | 0 | 0.0 | -- | 17 | 13 | 30.8 |
|
Proposals
|
3 | 1 | 1 | 200.0 | 200.0 | 10 | 4 | 150.0 |
| New Brunswick | 0 | 4 | 2 | -100.0 | -100.0 | 26 | 12 | 116.7 |
|
Bankruptcies
|
0 | 2 | 2 | -100.0 | -100.0 | 21 | 10 | 110.0 |
|
Proposals
|
0 | 2 | 0 | -100.0 | -- | 5 | 2 | 150.0 |
| Quebec | 186 | 209 | 167 | -11.0 | 11.4 | 1,945 | 1,530 | 27.1 |
|
Bankruptcies
|
154 | 177 | 137 | -13.0 | 12.4 | 1,624 | 1,260 | 28.9 |
|
Proposals
|
32 | 32 | 30 | 0.0 | 6.7 | 321 | 270 | 18.9 |
| Ontario | 102 | 103 | 82 | -1.0 | 24.4 | 906 | 613 | 47.8 |
|
Bankruptcies
|
77 | 71 | 58 | 8.5 | 32.8 | 658 | 447 | 47.2 |
|
Proposals
|
25 | 32 | 24 | -21.9 | 4.2 | 248 | 166 | 49.4 |
| Manitoba | 1 | 4 | 2 | -75.0 | -50.0 | 34 | 31 | 9.7 |
|
Bankruptcies
|
1 | 1 | 1 | 0.0 | 0.0 | 17 | 25 | -32.0 |
|
Proposals
|
0 | 3 | 1 | -100.0 | -100.0 | 17 | 6 | 183.3 |
| Saskatchewan | 6 | 4 | 4 | 50.0 | 50.0 | 57 | 48 | 18.8 |
|
Bankruptcies
|
3 | 2 | 4 | 50.0 | -25.0 | 34 | 36 | -5.6 |
|
Proposals
|
3 | 2 | 0 | 50.0 | -- | 23 | 12 | 91.7 |
| Alberta | 22 | 23 | 12 | -4.3 | 83.3 | 237 | 139 | 70.5 |
|
Bankruptcies
|
8 | 15 | 7 | -46.7 | 14.3 | 133 | 88 | 51.1 |
|
Proposals
|
14 | 8 | 5 | 75.0 | 180.0 | 104 | 51 | 103.9 |
| British Columbia | 14 | 11 | 3 | 27.3 | 366.7 | 153 | 74 | 106.8 |
|
Bankruptcies
|
9 | 5 | 2 | 80.0 | 350.0 | 105 | 49 | 114.3 |
|
Proposals
|
5 | 6 | 1 | -16.7 | 400.0 | 48 | 25 | 92.0 |
| Northwest Territories | 2 | 0 | 0 | -- | -- | 2 | 0 | -- |
|
Bankruptcies
|
0 | 0 | 0 | -- | -- | 0 | 0 | -- |
|
Proposals
|
2 | 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 | 339 | 361 | 275 | -6.1 | 23.3 | 3,402 | 2,480 | 37.2 |
|
Bankruptcies
|
254 | 275 | 212 | -7.6 | 19.8 | 2,621 | 1,942 | 35.0 |
|
Proposals
|
85 | 86 | 63 | -1.2 | 34.9 | 781 | 538 | 45.2 |
| - | Volume | % Change | 12-Month Period Ending | |||||
|---|---|---|---|---|---|---|---|---|
| December 2022 | November 2022 | December 2021 | November 2022 to December 2022 |
December 2021 to December 2022 |
12-31-2022 | 12-31-2021 | % Change | |
| Newfoundland and Labrador | 0 | 0 | 1 | -- | -100.0 | 0 | 5 | -100.0 |
|
Bankruptcies
|
0 | 0 | 0 | -- | -- | 0 | 4 | -100.0 |
|
Proposals
|
0 | 0 | 1 | -- | -100.0 | 0 | 1 | -100.0 |
| Prince Edward Island | 2 | 0 | 0 | -- | -- | 3 | 1 | 200.0 |
|
Bankruptcies
|
1 | 0 | 0 | -- | -- | 2 | 1 | 100.0 |
|
Proposals
|
1 | 0 | 0 | -- | -- | 1 | 0 | -- |
| Nova Scotia | 1 | 0 | 0 | -- | -- | 11 | 6 | 83.3 |
|
Bankruptcies
|
0 | 0 | 0 | -- | -- | 6 | 5 | 20.0 |
|
Proposals
|
1 | 0 | 0 | -- | -- | 5 | 1 | 400.0 |
| New Brunswick | 0 | 3 | 2 | -100.0 | -100.0 | 11 | 9 | 22.2 |
|
Bankruptcies
|
0 | 1 | 2 | -100.0 | -100.0 | 9 | 7 | 28.6 |
|
Proposals
|
0 | 2 | 0 | -100.0 | -- | 2 | 2 | 0.0 |
| Quebec | 166 | 176 | 152 | -5.7 | 9.2 | 1,685 | 1,338 | 25.9 |
|
Bankruptcies
|
141 | 154 | 130 | -8.4 | 8.5 | 1,470 | 1,147 | 28.2 |
|
Proposals
|
25 | 22 | 22 | 13.6 | 13.6 | 215 | 191 | 12.6 |
| Ontario | 65 | 66 | 66 | -1.5 | -1.5 | 584 | 435 | 34.3 |
|
Bankruptcies
|
54 | 57 | 50 | -5.3 | 8.0 | 480 | 349 | 37.5 |
|
Proposals
|
11 | 9 | 16 | 22.2 | -31.3 | 104 | 86 | 20.9 |
| Manitoba | 0 | 0 | 0 | -- | -- | 14 | 13 | 7.7 |
|
Bankruptcies
|
0 | 0 | 0 | -- | -- | 7 | 10 | -30.0 |
|
Proposals
|
0 | 0 | 0 | -- | -- | 7 | 3 | 133.3 |
| Saskatchewan | 1 | 0 | 0 | -- | -- | 13 | 15 | -13.3 |
|
Bankruptcies
|
1 | 0 | 0 | -- | -- | 7 | 12 | -41.7 |
|
Proposals
|
0 | 0 | 0 | -- | -- | 6 | 3 | 100.0 |
| Alberta | 7 | 13 | 7 | -46.2 | 0.0 | 112 | 81 | 38.3 |
|
Bankruptcies
|
5 | 9 | 6 | -44.4 | -16.7 | 74 | 57 | 29.8 |
|
Proposals
|
2 | 4 | 1 | -50.0 | 100.0 | 38 | 24 | 58.3 |
| British Columbia | 6 | 2 | 2 | 200.0 | 200.0 | 62 | 39 | 59.0 |
|
Bankruptcies
|
4 | 2 | 2 | 100.0 | 100.0 | 44 | 28 | 57.1 |
|
Proposals
|
2 | 0 | 0 | -- | -- | 18 | 11 | 63.6 |
| 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 | 248 | 260 | 230 | -4.6 | 7.8 | 2,495 | 1,942 | 28.5 |
|
Bankruptcies
|
206 | 223 | 190 | -7.6 | 8.4 | 2,099 | 1,620 | 29.6 |
|
Proposals
|
42 | 37 | 40 | 13.5 | 5.0 | 396 | 322 | 23.0 |
| - | Volume | % Change | 12-Month Period Ending | |||||
|---|---|---|---|---|---|---|---|---|
| December 2022 | November 2022 | December 2021 | November 2022 to December 2022 |
December 2021 to December 2022 |
12-31-2022 | 12-31-2021 | % Change | |
| Newfoundland and Labrador | 0 | 1 | 0 | -100.0 | -- | 12 | 7 | 71.4 |
|
Bankruptcies
|
0 | 1 | 0 | -100.0 | -- | 10 | 7 | 42.9 |
|
Proposals
|
0 | 0 | 0 | -- | -- | 2 | 0 | -- |
| Prince Edward Island | 0 | 0 | 1 | -- | -100.0 | 0 | 3 | -100.0 |
|
Bankruptcies
|
0 | 0 | 1 | -- | -100.0 | 0 | 2 | -100.0 |
|
Proposals
|
0 | 0 | 0 | -- | -- | 0 | 1 | -100.0 |
| Nova Scotia | 3 | 2 | 1 | 50.0 | 200.0 | 16 | 11 | 45.5 |
|
Bankruptcies
|
1 | 1 | 0 | 0.0 | -- | 11 | 8 | 37.5 |
|
Proposals
|
2 | 1 | 1 | 100.0 | 100.0 | 5 | 3 | 66.7 |
| New Brunswick | 0 | 1 | 0 | -100.0 | -- | 15 | 3 | 400.0 |
|
Bankruptcies
|
0 | 1 | 0 | -100.0 | -- | 12 | 3 | 300.0 |
|
Proposals
|
0 | 0 | 0 | -- | -- | 3 | 0 | -- |
| Quebec | 20 | 33 | 15 | -39.4 | 33.3 | 260 | 192 | 35.4 |
|
Bankruptcies
|
13 | 23 | 7 | -43.5 | 85.7 | 154 | 113 | 36.3 |
|
Proposals
|
7 | 10 | 8 | -30.0 | -12.5 | 106 | 79 | 34.2 |
| Ontario | 37 | 37 | 16 | 0.0 | 131.3 | 322 | 178 | 80.9 |
|
Bankruptcies
|
23 | 14 | 8 | 64.3 | 187.5 | 178 | 98 | 81.6 |
|
Proposals
|
14 | 23 | 8 | -39.1 | 75.0 | 144 | 80 | 80.0 |
| Manitoba | 1 | 4 | 2 | -75.0 | -50.0 | 20 | 18 | 11.1 |
|
Bankruptcies
|
1 | 1 | 1 | 0.0 | 0.0 | 10 | 15 | -33.3 |
|
Proposals
|
0 | 3 | 1 | -100.0 | -100.0 | 10 | 3 | 233.3 |
| Saskatchewan | 5 | 4 | 4 | 25.0 | 25.0 | 44 | 33 | 33.3 |
|
Bankruptcies
|
2 | 2 | 4 | 0.0 | -50.0 | 27 | 24 | 12.5 |
|
Proposals
|
3 | 2 | 0 | 50.0 | -- | 17 | 9 | 88.9 |
| Alberta | 15 | 10 | 5 | 50.0 | 200.0 | 125 | 58 | 115.5 |
|
Bankruptcies
|
3 | 6 | 1 | -50.0 | 200.0 | 59 | 31 | 90.3 |
|
Proposals
|
12 | 4 | 4 | 200.0 | 200.0 | 66 | 27 | 144.4 |
| British Columbia | 8 | 9 | 1 | -11.1 | 700.0 | 91 | 35 | 160.0 |
|
Bankruptcies
|
5 | 3 | 0 | 66.7 | -- | 61 | 21 | 190.5 |
|
Proposals
|
3 | 6 | 1 | -50.0 | 200.0 | 30 | 14 | 114.3 |
| Northwest Territories | 2 | 0 | 0 | -- | -- | 2 | 0 | -- |
|
Bankruptcies
|
0 | 0 | 0 | -- | -- | 0 | 0 | -- |
|
Proposals
|
2 | 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 | 91 | 101 | 45 | -9.9 | 102.2 | 907 | 538 | 68.6 |
|
Bankruptcies
|
48 | 52 | 22 | -7.7 | 118.2 | 522 | 322 | 62.1 |
|
Proposals
|
43 | 49 | 23 | -12.2 | 87.0 | 385 | 216 | 78.2 |
| - | Volume | % Change | 12-Month Period Ending | |||||
|---|---|---|---|---|---|---|---|---|
| December 2022 | November 2022 | December 2021 | November 2022 to December 2022 |
December 2021 to December 2022 |
12-31-2022 | 12-31-2021 | % Change | |
| Agriculture, Forestry, Fishing and Hunting | 6 | 6 | 3 | 0.0 | 100.0 | 77 | 51 | 51.0 |
|
Bankruptcies
|
5 | 3 | 3 | 66.7 | 66.7 | 62 | 44 | 40.9 |
|
Proposals
|
1 | 3 | 0 | -66.7 | -- | 15 | 7 | 114.3 |
| Mining and Oil and Gas Extraction | 3 | 3 | 0 | 0.0 | -- | 29 | 39 | -25.6 |
|
Bankruptcies
|
1 | 3 | 0 | -66.7 | -- | 23 | 28 | -17.9 |
|
Proposals
|
2 | 0 | 0 | -- | -- | 6 | 11 | -45.5 |
| Utilities | 2 | 0 | 0 | -- | -- | 7 | 3 | 133.3 |
|
Bankruptcies
|
0 | 0 | 0 | -- | -- | 4 | 2 | 100.0 |
|
Proposals
|
2 | 0 | 0 | -- | -- | 3 | 1 | 200.0 |
| Construction | 54 | 60 | 37 | -10.0 | 45.9 | 519 | 369 | 40.7 |
|
Bankruptcies
|
33 | 41 | 25 | -19.5 | 32.0 | 357 | 277 | 28.9 |
|
Proposals
|
21 | 19 | 12 | 10.5 | 75.0 | 162 | 92 | 76.1 |
| Manufacturing | 25 | 30 | 16 | -16.7 | 56.3 | 267 | 224 | 19.2 |
|
Bankruptcies
|
16 | 25 | 10 | -36.0 | 60.0 | 199 | 171 | 16.4 |
|
Proposals
|
9 | 5 | 6 | 80.0 | 50.0 | 68 | 53 | 28.3 |
| Wholesale Trade | 19 | 22 | 17 | -13.6 | 11.8 | 152 | 101 | 50.5 |
|
Bankruptcies
|
16 | 15 | 11 | 6.7 | 45.5 | 122 | 81 | 50.6 |
|
Proposals
|
3 | 7 | 6 | -57.1 | -50.0 | 30 | 20 | 50.0 |
| Retail Trade | 49 | 36 | 27 | 36.1 | 81.5 | 374 | 255 | 46.7 |
|
Bankruptcies
|
42 | 33 | 24 | 27.3 | 75.0 | 317 | 201 | 57.7 |
|
Proposals
|
7 | 3 | 3 | 133.3 | 133.3 | 57 | 54 | 5.6 |
| Transportation and Warehousing | 28 | 19 | 22 | 47.4 | 27.3 | 289 | 190 | 52.1 |
|
Bankruptcies
|
23 | 15 | 16 | 53.3 | 43.8 | 223 | 156 | 42.9 |
|
Proposals
|
5 | 4 | 6 | 25.0 | -16.7 | 66 | 34 | 94.1 |
| Information and Cultural Industries | 5 | 9 | 3 | -44.4 | 66.7 | 70 | 40 | 75.0 |
|
Bankruptcies
|
5 | 5 | 2 | 0.0 | 150.0 | 44 | 34 | 29.4 |
|
Proposals
|
0 | 4 | 1 | -100.0 | -100.0 | 26 | 6 | 333.3 |
| Finance and Insurance | 8 | 3 | 5 | 166.7 | 60.0 | 40 | 53 | -24.5 |
|
Bankruptcies
|
7 | 3 | 4 | 133.3 | 75.0 | 28 | 44 | -36.4 |
|
Proposals
|
1 | 0 | 1 | -- | 0.0 | 12 | 9 | 33.3 |
| Real Estate and Rental and Leasing | 10 | 15 | 16 | -33.3 | -37.5 | 116 | 118 | -1.7 |
|
Bankruptcies
|
8 | 11 | 7 | -27.3 | 14.3 | 93 | 84 | 10.7 |
|
Proposals
|
2 | 4 | 9 | -50.0 | -77.8 | 23 | 34 | -32.4 |
| Professional, Scientific and Technical Services | 16 | 27 | 19 | -40.7 | -15.8 | 242 | 170 | 42.4 |
|
Bankruptcies
|
9 | 18 | 16 | -50.0 | -43.8 | 177 | 141 | 25.5 |
|
Proposals
|
7 | 9 | 3 | -22.2 | 133.3 | 65 | 29 | 124.1 |
| Management of Companies and Enterprises | 7 | 15 | 8 | -53.3 | -12.5 | 82 | 64 | 28.1 |
|
Bankruptcies
|
4 | 15 | 7 | -73.3 | -42.9 | 70 | 49 | 42.9 |
|
Proposals
|
3 | 0 | 1 | -- | 200.0 | 12 | 15 | -20.0 |
| Administrative and Support, Waste Management and Remediation Services | 14 | 17 | 20 | -17.6 | -30.0 | 178 | 145 | 22.8 |
|
Bankruptcies
|
10 | 12 | 15 | -16.7 | -33.3 | 122 | 108 | 13.0 |
|
Proposals
|
4 | 5 | 5 | -20.0 | -20.0 | 56 | 37 | 51.4 |
| Educational Services | 7 | 8 | 3 | -12.5 | 133.3 | 35 | 26 | 34.6 |
|
Bankruptcies
|
5 | 7 | 2 | -28.6 | 150.0 | 28 | 21 | 33.3 |
|
Proposals
|
2 | 1 | 1 | 100.0 | 100.0 | 7 | 5 | 40.0 |
| Health Care and Social Assistance | 9 | 7 | 7 | 28.6 | 28.6 | 102 | 66 | 54.5 |
|
Bankruptcies
|
6 | 2 | 7 | 200.0 | -14.3 | 67 | 48 | 39.6 |
|
Proposals
|
3 | 5 | 0 | -40.0 | -- | 35 | 18 | 94.4 |
| Arts, Entertainment and Recreation | 4 | 7 | 7 | -42.9 | -42.9 | 84 | 68 | 23.5 |
|
Bankruptcies
|
3 | 5 | 6 | -40.0 | -50.0 | 73 | 49 | 49.0 |
|
Proposals
|
1 | 2 | 1 | -50.0 | 0.0 | 11 | 19 | -42.1 |
| Accommodation and Food Services | 51 | 56 | 53 | -8.9 | -3.8 | 500 | 367 | 36.2 |
|
Bankruptcies
|
44 | 44 | 48 | 0.0 | -8.3 | 423 | 296 | 42.9 |
|
Proposals
|
7 | 12 | 5 | -41.7 | 40.0 | 77 | 71 | 8.5 |
| Other Services (except Public Administration) | 22 | 17 | 12 | 29.4 | 83.3 | 229 | 126 | 81.7 |
|
Bankruptcies
|
17 | 14 | 9 | 21.4 | 88.9 | 179 | 103 | 73.8 |
|
Proposals
|
5 | 3 | 3 | 66.7 | 66.7 | 50 | 23 | 117.4 |
| Public Administration | 0 | 4 | 0 | -100.0 | -- | 8 | 4 | 100.0 |
|
Bankruptcies
|
0 | 4 | 0 | -100.0 | -- | 8 | 4 | 100.0 |
|
Proposals
|
0 | 0 | 0 | -- | -- | 0 | 0 | -- |
| Canada | 339 | 361 | 275 | -6.1 | 23.3 | 3,400 | 2,479 | 37.2 |
| Bankruptcies | 254 | 275 | 212 | -7.6 | 19.8 | 2,619 | 1,941 | 34.9 |
| Proposals | 85 | 86 | 63 | -1.2 | 34.9 | 781 | 538 | 45.2 |