Insolvency Statistics in Canada—2012 (Table 2)

This page has been archived on the Web

Information identified as archived is provided for reference, research or recordkeeping purposes. It is not subject to the Government of Canada Web Standards and has not been altered or updated since it was archived. Please contact us to request a format other than those available.

Table 2: Insolvencies Filed by Consumers
Province Volume 2012
2012 2011 % Change Assets Declared at the Time of Filing ($) Liabilities Declared at the Time of Filing ($)
Newfoundland and Labrador 1,750 2,081 -15.9 90,090,838 145,503,051
Bankruptcies 1,611 1,957 -17.7 70,953,063 123,461,064
Proposals 139 124 12.1 19,137,775 22,041,987
Prince Edward Island 618 620 -0.3 43,169,129 76,813,491
Bankruptcies 472 520 -9.2 25,595,955 55,633,156
Proposals 146 100 46.0 17,573,174 21,180,335
Nova Scotia 4,282 4,556 -6.0 329,724,784 433,049,112
Bankruptcies 3,221 3,587 -10.2 196,662,851 314,358,391
Proposals 1,061 969 9.5 133,061,933 118,690,721
New Brunswick 3,843 3,500 9.8 302,943,685 457,539,913
Bankruptcies 2,906 2,848 2.0 184,793,732 329,674,787
Proposals 937 652 43.7 118,149,953 127,865,126
Quebec 35,925 35,768 0.4 2,207,479,641 3,445,034,897
Bankruptcies 24,399 25,627 -4.8 910,481,751 2,140,438,301
Proposals 11,526 10,141 13.7 1,296,997,890 1,304,596,596
Ontario 47,381 50,460 -6.1 4,283,005,172 5,547,481,676
Bankruptcies 23,236 25,529 -9.0 1,246,444,072 2,501,918,894
Proposals 24,145 24,931 -3.2 3,036,561,100 3,045,562,782
Manitoba 1,877 2,155 -12.9 141,768,294 202,264,103
Bankruptcies 1,276 1,514 -15.7 75,352,297 133,668,438
Proposals 601 641 -6.2 66,415,997 68,595,665
Saskatchewan 1,731 2,055 -15.8 202,636,190 218,454,449
Bankruptcies 1,001 1,272 -21.3 76,513,283 108,350,205
Proposals 730 783 -6.8 126,122,907 110,104,244
Alberta 9,202 10,040 -8.3 1,319,097,468 1,911,321,817
Bankruptcies 5,759 7,029 -18.1 686,408,769 1,237,891,825
Proposals 3,443 3,011 14.3 632,688,699 673,429,992
British Columbia 11,696 11,676 0.2 1,357,117,965 1,895,675,470
Bankruptcies 7,562 8,040 -5.9 695,940,858 1,234,104,832
Proposals 4,134 3,636 13.7 661,177,107 661,570,638
Northwest Territories 53 45 17.8 5,432,926 7,839,311
Bankruptcies 29 33 -12.1 1,206,367 3,443,698
Proposals 24 12 100.0 4,226,559 4,395,613
Yukon 37 36 2.8 2,893,378 5,384,361
Bankruptcies 23 31 -25.8 1,322,090 3,886,011
Proposals 14 5 180.0 1,571,288 1,498,350
Nunavut 3 7 -57.1 186,850 449,535
Bankruptcies 0 6 -100.0 0 0
Proposals 3 1 200.0 186,850 449,535
Canada 118,398 122,999 -3.7 10,285,546,320 14,346,811,186
Bankruptcies 71,495 77,993 -8.3 4,171,675,088 8,186,829,602
Proposals 46,903 45,006 4.2 6,113,871,232 6,159,981,584