Statistics in Canada—2010 (Tables 1 to 3)

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Table 1: Total Insolvencies

Table 1: Total Insolvencies
Province Volume 2010
2010 2009 % change Assets Declared at the Time of Filing ($) Liabilities Declared at the Time of Filing ($)
Newfoundland and Labrador 2,544 2,701 -5.8 96,847,363 183,271,486
Bankruptcies 2,399 2,575 -6.8 84,227,714 166,324,009
Proposals 145 126 15.1 12,619,649 16,947,477
Prince Edward Island 598 577 3.6 35,976,021 86,475,095
Bankruptcies 528 540 -2.2 29,246,315 66,781,168
Proposals 70 37 89.2 6,729,706 19,693,927
Nova Scotia 5,297 5,480 -3.3 350,809,032 1,292,937,828
Bankruptcies 4,318 4,725 -8.6 242,008,174 1,180,583,443
Proposals 979 755 29.7 108,800,858 112,354,385
New-Brunswick 3,796 3,974 -4.5 323,658,106 1,854,851,957
Bankruptcies 3,179 3,388 -6.2 251,835,402 1,756,757,534
Proposals 617 586 5.3 71,822,704 98,094,423
Quebec 39,870 44,114 -9.6 2,374,651,267 6,765,612,166
Bankruptcies 29,620 35,883 -17.5 1,234,736,633 4,682,072,090
Proposals 10,250 8,231 24.5 1,139,914,634 2,083,540,076
Ontario 58,479 69,494 -15.9 5,940,033,747 9,862,289,878
Bankruptcies 34,533 48,729 -29.1 2,945,872,903 6,650,186,859
Proposals 23,946 20,765 15.3 2,994,160,844 3,212,103,019
Manitoba 2,751 3,170 -13.2 178,348,465 276,275,732
Bankruptcies 2,062 2,508 -17.8 110,306,552 197,017,869
Proposals 689 662 4.1 68,041,913 79,257,863
Saskatchewan 2,470 2,652 -6.9 220,152,211 285,027,826
Bankruptcies 1,627 1,955 -16.8 107,100,873 174,890,116
Proposals 843 697 20.9 113,051,338 110,137,710
Alberta 11,334 12,562 -9.8 1,746,965,967 3,304,574,488
Bankruptcies 8,528 10,391 -17.9 1,267,241,042 2,614,636,362
Proposals 2,806 2,171 29.2 479,724,925 689,938,126
British Columbia 13,006 13,614 -4.5 1,313,716,870 2,615,341,183
Bankruptcies 9,903 11,019 -10.1 859,344,427 2,104,419,180
Proposals 3,103 2,595 19.6 454,372,443 510,922,003
Northwest Territories 44 47 -6.4 1,866,144 7,005,941
Bankruptcies 31 39 -20.5 1,242,890 2,838,305
Proposals 13 8 62.5 623,254 4,167,636
Yukon 41 46 -10.9 2,413,987 15,592,890
Bankruptcies 34 41 -17.1 593,292 2,625,446
Proposals 7 5 40.0 1,820,695 12,967,444
Nunavut 4 10 -60.0 16,261 199,587
Bankruptcies 4 8 -50.0 16,261 199,587
Proposals 0 2 -100.0 0 0
Canada 140,234 158,441 -11.5 12,585,455,441 26,549,456,057
Bankruptcies 96,766 121,801 -20.6 7,133,772,478 19,599,331,968
Proposals 43,468 36,640 18.6 5,451,682,963 6,950,124,089

Table 2: Insolvencies Filed by Consumers

Table 2: Insolvencies Filed by Consumers
Province Volume 2010
2010 2009 % change Assets Declared at the Time of Filing ($) Liabilities Declared at the Time of Filing ($)
Newfoundland and Labrador 2,521 2,667 -5.5 91,340,998 172,131,740
Bankruptcies 2,378 2,542 -6.5 78,862,201 155,312,444
Proposals 143 125 14.4 12,478,797 16,819,296
Prince Edward Island 576 546 5.5 32,610,847 60,331,038
Bankruptcies 512 513 -0.2 26,105,641 51,449,170
Proposals 64 33 93.9 6,505,206 8,881,868
Nova Scotia 5,130 5,314 -3.5 335,285,526 454,728,678
Bankruptcies 4,180 4,579 -8.7 229,782,770 355,623,768
Proposals 950 735 29.3 105,502,756 99,104,910
New-Brunswick 3,713 3,842 -3.4 248,552,366 415,617,461
Bankruptcies 3,109 3,287 -5.4 179,419,730 332,709,987
Proposals 604 555 8.8 69,132,636 82,907,474
Quebec 37,771 41,588 -9.2 1,874,752,157 4,184,111,007
Bankruptcies 28,100 33,989 -17.3 909,276,962 3,161,837,115
Proposals 9,671 7,599 27.3 965,475,195 1,022,273,892
Ontario 56,619 66,935 -15.4 4,885,542,739 6,640,305,900
Bankruptcies 33,000 46,521 -29.1 1,937,412,379 3,595,765,219
Proposals 23,619 20,414 15.7 2,948,130,360 3,044,540,681
Manitoba 2,673 3,082 -13.3 165,817,556 246,422,880
Bankruptcies 1,994 2,443 -18.4 99,065,016 176,264,072
Proposals 679 639 6.3 66,752,540 70,158,808
Saskatchewan 2,326 2,433 -4.4 206,766,670 256,144,381
Bankruptcies 1,528 1,794 -14.8 99,816,709 155,848,986
Proposals 798 639 24.9 106,949,961 100,295,395
Alberta 10,870 12,076 -10.0 1,420,271,842 2,294,174,324
Bankruptcies 8,150 9,986 -18.4 958,799,491 1,722,268,651
Proposals 2,720 2,090 30.1 461,472,351 571,905,673
British Columbia 12,723 13,129 -3.1 1,160,737,280 1,781,123,683
Bankruptcies 9,674 10,639 -9.1 716,392,634 1,311,952,057
Proposals 3,049 2,490 22.4 444,344,646 469,171,626
Northwest Territories 43 47 -8.5 1,866,143 3,907,529
Bankruptcies 31 39 -20.5 1,242,890 2,838,305
Proposals 12 8 50.0 623,253 1,069,224
Yukon 39 44 -11.4 2,412,987 14,944,223
Bankruptcies 34 41 -17.1 593,292 2,625,446
Proposals 5 3 66.7 1,819,695 12,318,777
Nunavut 4 9 -55.6 16,261 199,587
Bankruptcies 4 8 -50.0 16,261 199,587
Proposals 0 1 -100.0 0 0
Canada 135,008 151,712 -11.0 10,425,973,372 16,524,142,431
Bankruptcies 92,694 116,381 -20.4 5,236,785,976 11,024,694,807
Proposals 42,314 35,331 19.8 5,189,187,396 5,499,447,624

Table 3: Total Insolvencies Filed by Businesses

Table 3: Total Insolvencies Filed by Businesses
Province Volume 2010
2010 2009 % change Assets Declared at the Time of Filing ($) Liabilities Declared at the Time of Filing ($)
Newfoundland and Labrador 23 34 -32.4 5,506,365 11,139,746
Bankruptcies 21 33 -36.4 5,365,513 11,011,565
Proposals 2 1 100.0 140,852 128,181
Prince Edward Island 22 31 -29.0 3,365,174 26,144,057
Bankruptcies 16 27 -40.7 3,140,674 15,331,998
Proposals 6 4 50.0 224,500 10,812,059
Nova Scotia 167 166 0.6 15,523,506 838,209,150
Bankruptcies 138 146 -5.5 12,225,404 824,959,675
Proposals 29 20 45.0 3,298,102 13,249,475
New-Brunswick 83 132 -37.1 75,105,740 1,439,234,496
Bankruptcies 70 101 -30.7 72,415,672 1,424,047,547
Proposals 13 31 -58.1 2,690,068 15,186,949
Quebec 2,099 2,526 -16.9 499,899,110 2,581,501,159
Bankruptcies 1,520 1,894 -19.7 325,459,671 1,520,234,975
Proposals 579 632 -8.4 174,439,439 1,061,266,184
Ontario 1,860 2,559 -27.3 1,054,491,008 3,221,983,978
Bankruptcies 1,533 2,208 -30.6 1,008,460,524 3,054,421,640
Proposals 327 351 -6.8 46,030,484 167,562,338
Manitoba 78 88 -11.4 12,530,909 29,852,852
Bankruptcies 68 65 4.6 11,241,536 20,753,797
Proposals 10 23 -56.5 1,289,373 9,099,055
Saskatchewan 144 219 -34.2 13,385,541 28,883,445
Bankruptcies 99 161 -38.5 7,284,164 19,041,130
Proposals 45 58 -22.4 6,101,377 9,842,315
Alberta 464 486 -4.5 326,694,125 1,010,400,164
Bankruptcies 378 405 -6.7 308,441,551 892,367,711
Proposals 86 81 6.2 18,252,574 118,032,453
British Columbia 283 485 -41.6 152,979,590 834,217,500
Bankruptcies 229 380 -39.7 142,951,793 792,467,123
Proposals 54 105 -48.6 10,027,797 41,750,377
Northwest Territories 1 0 — 1 3,098,412
Bankruptcies 0 0 — 0 0
Proposals 1 0 — 1 3,098,412
Yukon 2 2 0.0 1,000 648,667
Bankruptcies 0 0 — 0 0
Proposals 2 2 0.0 1,000 648,667
Nunavut 0 1 -100.0 0 0
Bankruptcies 0 0 — 0 0
Proposals 0 1 -100.0 0 0
Canada 5,226 6,729 -22.3 2,159,482,069 10,025,313,626
Bankruptcies 4,072 5,420 -24.9 1,896,986,502 8,574,637,161
Proposals 1,154 1,309 -11.8 262,495,567 1,450,676,465
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