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 | |||||
|---|---|---|---|---|---|---|---|---|
| August 2022 | July 2022 | August 2021 | July 2022 to August 2022 | August 2021 to August 2022 | 08-31-2022 | 08-31-2021 | % Change | |
| Newfoundland and Labrador | 188 | 138 | 121 | 36.2 | 55.4 | 1,786 | 1,875 | -4.7 |
Bankruptcies | 60 | 50 | 46 | 20.0 | 30.4 | 635 | 691 | -8.1 |
Proposals | 128 | 88 | 75 | 45.5 | 70.7 | 1,151 | 1,184 | -2.8 |
| Prince Edward Island | 35 | 41 | 28 | -14.6 | 25.0 | 442 | 381 | 16.0 |
Bankruptcies | 13 | 15 | 7 | -13.3 | 85.7 | 185 | 165 | 12.1 |
Proposals | 22 | 26 | 21 | -15.4 | 4.8 | 257 | 216 | 19.0 |
| Nova Scotia | 331 | 293 | 261 | 13.0 | 26.8 | 3,202 | 3,177 | 0.8 |
Bankruptcies | 109 | 101 | 123 | 7.9 | -11.4 | 1,217 | 1,392 | -12.6 |
Proposals | 222 | 192 | 138 | 15.6 | 60.9 | 1,985 | 1,785 | 11.2 |
| New Brunswick | 279 | 265 | 243 | 5.3 | 14.8 | 2,994 | 3,248 | -7.8 |
Bankruptcies | 85 | 91 | 96 | -6.6 | -11.5 | 1,088 | 1,437 | -24.3 |
Proposals | 194 | 174 | 147 | 11.5 | 32.0 | 1,906 | 1,811 | 5.2 |
| Quebec | 2,373 | 2,052 | 1,983 | 15.6 | 19.7 | 26,266 | 25,662 | 2.4 |
Bankruptcies | 907 | 828 | 904 | 9.5 | 0.3 | 10,776 | 11,824 | -8.9 |
Proposals | 1,466 | 1,224 | 1,079 | 19.8 | 35.9 | 15,490 | 13,838 | 11.9 |
| Ontario | 3,148 | 2,762 | 2,431 | 14.0 | 29.5 | 33,341 | 31,683 | 5.2 |
Bankruptcies | 680 | 575 | 612 | 18.3 | 11.1 | 7,798 | 8,468 | -7.9 |
Proposals | 2,468 | 2,187 | 1,819 | 12.8 | 35.7 | 25,543 | 23,215 | 10.0 |
| Manitoba | 294 | 230 | 178 | 27.8 | 65.2 | 2,737 | 2,448 | 11.8 |
Bankruptcies | 75 | 81 | 70 | -7.4 | 7.1 | 774 | 804 | -3.7 |
Proposals | 219 | 149 | 108 | 47.0 | 102.8 | 1,963 | 1,644 | 19.4 |
| Saskatchewan | 274 | 251 | 215 | 9.2 | 27.4 | 3,003 | 2,752 | 9.1 |
Bankruptcies | 64 | 58 | 64 | 10.3 | 0.0 | 716 | 827 | -13.4 |
Proposals | 210 | 193 | 151 | 8.8 | 39.1 | 2,287 | 1,925 | 18.8 |
| Alberta | 1,271 | 1,189 | 1,007 | 6.9 | 26.2 | 14,604 | 13,831 | 5.6 |
Bankruptcies | 195 | 195 | 180 | 0.0 | 8.3 | 2,533 | 3,135 | -19.2 |
Proposals | 1,076 | 994 | 827 | 8.2 | 30.1 | 12,071 | 10,696 | 12.9 |
| British Columbia | 960 | 828 | 708 | 15.9 | 35.6 | 9,462 | 8,642 | 9.5 |
Bankruptcies | 179 | 143 | 170 | 25.2 | 5.3 | 1,955 | 2,356 | -17.0 |
Proposals | 781 | 685 | 538 | 14.0 | 45.2 | 7,507 | 6,286 | 19.4 |
| Northwest Territories | 5 | 0 | 1 | -- | 400.0 | 65 | 43 | 51.2 |
Bankruptcies | 0 | 0 | 0 | -- | -- | 7 | 5 | 40.0 |
Proposals | 5 | 0 | 1 | -- | 400.0 | 58 | 38 | 52.6 |
| Yukon | 2 | 4 | 2 | -50.0 | 0.0 | 49 | 33 | 48.5 |
Bankruptcies | 0 | 1 | 1 | -100.0 | -100.0 | 5 | 11 | -54.5 |
Proposals | 2 | 3 | 1 | -33.3 | 100.0 | 44 | 22 | 100.0 |
| Nunavut | 1 | 1 | 2 | 0.0 | -50.0 | 10 | 15 | -33.3 |
Bankruptcies | 0 | 0 | 1 | -- | -100.0 | 0 | 1 | -100.0 |
Proposals | 1 | 1 | 1 | 0.0 | 0.0 | 10 | 14 | -28.6 |
| Canada | 9,161 | 8,054 | 7,180 | 13.7 | 27.6 | 97,961 | 93,790 | 4.4 |
Bankruptcies | 2,367 | 2,138 | 2,274 | 10.7 | 4.1 | 27,689 | 31,116 | -11.0 |
Proposals | 6,794 | 5,916 | 4,906 | 14.8 | 38.5 | 70,272 | 62,674 | 12.1 |
| - | Volume | % Change | 12-Month Period Ending | |||||
|---|---|---|---|---|---|---|---|---|
| August 2022 | July 2022 | August 2021 | July 2022 to August 2022 | August 2021 to August 2022 | 08-31-2022 | 08-31-2021 | % Change | |
| Newfoundland and Labrador | 186 | 138 | 121 | 34.8 | 53.7 | 1,773 | 1,863 | -4.8 |
Bankruptcies | 60 | 50 | 46 | 20.0 | 30.4 | 625 | 679 | -8.0 |
Proposals | 126 | 88 | 75 | 43.2 | 68.0 | 1,148 | 1,184 | -3.0 |
| Prince Edward Island | 35 | 41 | 27 | -14.6 | 29.6 | 439 | 379 | 15.8 |
Bankruptcies | 13 | 15 | 6 | -13.3 | 116.7 | 182 | 164 | 11.0 |
Proposals | 22 | 26 | 21 | -15.4 | 4.8 | 257 | 215 | 19.5 |
| Nova Scotia | 328 | 292 | 260 | 12.3 | 26.2 | 3,178 | 3,163 | 0.5 |
Bankruptcies | 106 | 100 | 122 | 6.0 | -13.1 | 1,202 | 1,380 | -12.9 |
Proposals | 222 | 192 | 138 | 15.6 | 60.9 | 1,976 | 1,783 | 10.8 |
| New Brunswick | 278 | 262 | 242 | 6.1 | 14.9 | 2,974 | 3,229 | -7.9 |
Bankruptcies | 84 | 88 | 95 | -4.5 | -11.6 | 1,071 | 1,424 | -24.8 |
Proposals | 194 | 174 | 147 | 11.5 | 32.0 | 1,903 | 1,805 | 5.4 |
| Quebec | 2,216 | 1,923 | 1,894 | 15.2 | 17.0 | 24,443 | 24,204 | 1.0 |
Bankruptcies | 773 | 713 | 830 | 8.4 | -6.9 | 9,260 | 10,615 | -12.8 |
Proposals | 1,443 | 1,210 | 1,064 | 19.3 | 35.6 | 15,183 | 13,589 | 11.7 |
| Ontario | 3,082 | 2,701 | 2,378 | 14.1 | 29.6 | 32,556 | 31,075 | 4.8 |
Bankruptcies | 627 | 530 | 570 | 18.3 | 10.0 | 7,233 | 8,031 | -9.9 |
Proposals | 2,455 | 2,171 | 1,808 | 13.1 | 35.8 | 25,323 | 23,044 | 9.9 |
| Manitoba | 292 | 227 | 175 | 28.6 | 66.9 | 2,709 | 2,416 | 12.1 |
Bankruptcies | 74 | 79 | 67 | -6.3 | 10.4 | 756 | 776 | -2.6 |
Proposals | 218 | 148 | 108 | 47.3 | 101.9 | 1,953 | 1,640 | 19.1 |
| Saskatchewan | 266 | 247 | 214 | 7.7 | 24.3 | 2,948 | 2,707 | 8.9 |
Bankruptcies | 60 | 57 | 63 | 5.3 | -4.8 | 683 | 790 | -13.5 |
Proposals | 206 | 190 | 151 | 8.4 | 36.4 | 2,265 | 1,917 | 18.2 |
| Alberta | 1,253 | 1,168 | 993 | 7.3 | 26.2 | 14,429 | 13,675 | 5.5 |
Bankruptcies | 181 | 183 | 169 | -1.1 | 7.1 | 2,421 | 3,029 | -20.1 |
Proposals | 1,072 | 985 | 824 | 8.8 | 30.1 | 12,008 | 10,646 | 12.8 |
| British Columbia | 938 | 818 | 703 | 14.7 | 33.4 | 9,333 | 8,549 | 9.2 |
Bankruptcies | 166 | 136 | 167 | 22.1 | -0.6 | 1,862 | 2,291 | -18.7 |
Proposals | 772 | 682 | 536 | 13.2 | 44.0 | 7,471 | 6,258 | 19.4 |
| Northwest Territories | 5 | 0 | 1 | -- | 400.0 | 65 | 43 | 51.2 |
Bankruptcies | 0 | 0 | 0 | -- | -- | 7 | 5 | 40.0 |
Proposals | 5 | 0 | 1 | -- | 400.0 | 58 | 38 | 52.6 |
| Yukon | 2 | 4 | 2 | -50.0 | 0.0 | 49 | 33 | 48.5 |
Bankruptcies | 0 | 1 | 1 | -100.0 | -100.0 | 5 | 11 | -54.5 |
Proposals | 2 | 3 | 1 | -33.3 | 100.0 | 44 | 22 | 100.0 |
| Nunavut | 1 | 1 | 2 | 0.0 | -50.0 | 10 | 15 | -33.3 |
Bankruptcies | 0 | 0 | 1 | -- | -100.0 | 0 | 1 | -100.0 |
Proposals | 1 | 1 | 1 | 0.0 | 0.0 | 10 | 14 | -28.6 |
| Canada | 8,882 | 7,822 | 7,012 | 13.6 | 26.7 | 94,906 | 91,351 | 3.9 |
Bankruptcies | 2,144 | 1,952 | 2,137 | 9.8 | 0.3 | 25,307 | 29,196 | -13.3 |
Proposals | 6,738 | 5,870 | 4,875 | 14.8 | 38.2 | 69,599 | 62,155 | 12.0 |
| - | Volume | % Change | 12-Month Period Ending | |||||
|---|---|---|---|---|---|---|---|---|
| August 2022 | July 2022 | August 2021 | July 2022 to August 2022 | August 2021 to August 2022 | 08-31-2022 | 08-31-2021 | % Change | |
| Newfoundland and Labrador | 2 | 0 | 0 | -- | -- | 13 | 12 | 8.3 |
Bankruptcies | 0 | 0 | 0 | -- | -- | 10 | 12 | -16.7 |
Proposals | 2 | 0 | 0 | -- | -- | 3 | 0 | -- |
| Prince Edward Island | 0 | 0 | 1 | -- | -100.0 | 3 | 2 | 50.0 |
Bankruptcies | 0 | 0 | 1 | -- | -100.0 | 3 | 1 | 200.0 |
Proposals | 0 | 0 | 0 | -- | -- | 0 | 1 | -100.0 |
| Nova Scotia | 3 | 1 | 1 | 200.0 | 200.0 | 24 | 14 | 71.4 |
Bankruptcies | 3 | 1 | 1 | 200.0 | 200.0 | 15 | 12 | 25.0 |
Proposals | 0 | 0 | 0 | -- | -- | 9 | 2 | 350.0 |
| New Brunswick | 1 | 3 | 1 | -66.7 | 0.0 | 20 | 19 | 5.3 |
Bankruptcies | 1 | 3 | 1 | -66.7 | 0.0 | 17 | 13 | 30.8 |
Proposals | 0 | 0 | 0 | -- | -- | 3 | 6 | -50.0 |
| Quebec | 157 | 129 | 89 | 21.7 | 76.4 | 1,823 | 1,458 | 25.0 |
Bankruptcies | 134 | 115 | 74 | 16.5 | 81.1 | 1,516 | 1,209 | 25.4 |
Proposals | 23 | 14 | 15 | 64.3 | 53.3 | 307 | 249 | 23.3 |
| Ontario | 66 | 61 | 53 | 8.2 | 24.5 | 785 | 608 | 29.1 |
Bankruptcies | 53 | 45 | 42 | 17.8 | 26.2 | 565 | 437 | 29.3 |
Proposals | 13 | 16 | 11 | -18.8 | 18.2 | 220 | 171 | 28.7 |
| Manitoba | 2 | 3 | 3 | -33.3 | -33.3 | 28 | 32 | -12.5 |
Bankruptcies | 1 | 2 | 3 | -50.0 | -66.7 | 18 | 28 | -35.7 |
Proposals | 1 | 1 | 0 | 0.0 | -- | 10 | 4 | 150.0 |
| Saskatchewan | 8 | 4 | 1 | 100.0 | 700.0 | 55 | 45 | 22.2 |
Bankruptcies | 4 | 1 | 1 | 300.0 | 300.0 | 33 | 37 | -10.8 |
Proposals | 4 | 3 | 0 | 33.3 | -- | 22 | 8 | 175.0 |
| Alberta | 18 | 21 | 14 | -14.3 | 28.6 | 175 | 156 | 12.2 |
Bankruptcies | 14 | 12 | 11 | 16.7 | 27.3 | 112 | 106 | 5.7 |
Proposals | 4 | 9 | 3 | -55.6 | 33.3 | 63 | 50 | 26.0 |
| British Columbia | 22 | 10 | 5 | 120.0 | 340.0 | 129 | 93 | 38.7 |
Bankruptcies | 13 | 7 | 3 | 85.7 | 333.3 | 93 | 65 | 43.1 |
Proposals | 9 | 3 | 2 | 200.0 | 350.0 | 36 | 28 | 28.6 |
| 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 | 279 | 232 | 168 | 20.3 | 66.1 | 3,055 | 2,439 | 25.3 |
Bankruptcies | 223 | 186 | 137 | 19.9 | 62.8 | 2,382 | 1,920 | 24.1 |
Proposals | 56 | 46 | 31 | 21.7 | 80.6 | 673 | 519 | 29.7 |
| - | Volume | % Change | 12-Month Period Ending | |||||
|---|---|---|---|---|---|---|---|---|
| August 2022 | July 2022 | August 2021 | July 2022 to August 2022 | August 2021 to August 2022 | 08-31-2022 | 08-31-2021 | % Change | |
| Newfoundland and Labrador | 0 | 0 | 0 | -- | -- | 2 | 5 | -60.0 |
Bankruptcies | 0 | 0 | 0 | -- | -- | 1 | 5 | -80.0 |
Proposals | 0 | 0 | 0 | -- | -- | 1 | 0 | -- |
| Prince Edward Island | 0 | 0 | 1 | -- | -100.0 | 1 | 1 | 0.0 |
Bankruptcies | 0 | 0 | 1 | -- | -100.0 | 1 | 1 | 0.0 |
Proposals | 0 | 0 | 0 | -- | -- | 0 | 0 | -- |
| Nova Scotia | 2 | 1 | 0 | 100.0 | -- | 10 | 7 | 42.9 |
Bankruptcies | 2 | 1 | 0 | 100.0 | -- | 6 | 6 | 0.0 |
Proposals | 0 | 0 | 0 | -- | -- | 4 | 1 | 300.0 |
| New Brunswick | 1 | 0 | 0 | -- | -- | 9 | 9 | 0.0 |
Bankruptcies | 1 | 0 | 0 | -- | -- | 8 | 7 | 14.3 |
Proposals | 0 | 0 | 0 | -- | -- | 1 | 2 | -50.0 |
| Quebec | 132 | 117 | 76 | 12.8 | 73.7 | 1,579 | 1,268 | 24.5 |
Bankruptcies | 120 | 106 | 66 | 13.2 | 81.8 | 1,379 | 1,083 | 27.3 |
Proposals | 12 | 11 | 10 | 9.1 | 20.0 | 200 | 185 | 8.1 |
| Ontario | 47 | 38 | 38 | 23.7 | 23.7 | 522 | 417 | 25.2 |
Bankruptcies | 40 | 33 | 33 | 21.2 | 21.2 | 418 | 331 | 26.3 |
Proposals | 7 | 5 | 5 | 40.0 | 40.0 | 104 | 86 | 20.9 |
| Manitoba | 1 | 3 | 1 | -66.7 | 0.0 | 15 | 12 | 25.0 |
Bankruptcies | 0 | 2 | 1 | -100.0 | -100.0 | 9 | 10 | -10.0 |
Proposals | 1 | 1 | 0 | 0.0 | -- | 6 | 2 | 200.0 |
| Saskatchewan | 4 | 0 | 0 | -- | -- | 11 | 20 | -45.0 |
Bankruptcies | 1 | 0 | 0 | -- | -- | 5 | 17 | -70.6 |
Proposals | 3 | 0 | 0 | -- | -- | 6 | 3 | 100.0 |
| Alberta | 7 | 10 | 7 | -30.0 | 0.0 | 81 | 90 | -10.0 |
Bankruptcies | 7 | 8 | 7 | -12.5 | 0.0 | 62 | 68 | -8.8 |
Proposals | 0 | 2 | 0 | -100.0 | -- | 19 | 22 | -13.6 |
| British Columbia | 6 | 5 | 1 | 20.0 | 500.0 | 55 | 57 | -3.5 |
Bankruptcies | 3 | 3 | 1 | 0.0 | 200.0 | 41 | 41 | 0.0 |
Proposals | 3 | 2 | 0 | 50.0 | -- | 14 | 16 | -12.5 |
| 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 | 200 | 174 | 124 | 14.9 | 61.3 | 2,285 | 1,886 | 21.2 |
Bankruptcies | 174 | 153 | 109 | 13.7 | 59.6 | 1,930 | 1,569 | 23.0 |
Proposals | 26 | 21 | 15 | 23.8 | 73.3 | 355 | 317 | 12.0 |
| - | Volume | % Change | 12-Month Period Ending | |||||
|---|---|---|---|---|---|---|---|---|
| August 2022 | July 2022 | August 2021 | July 2022 to August 2022 | August 2021 to August 2022 | 08-31-2022 | 08-31-2021 | % Change | |
| Newfoundland and Labrador | 2 | 0 | 0 | -- | -- | 11 | 7 | 57.1 |
Bankruptcies | 0 | 0 | 0 | -- | -- | 9 | 7 | 28.6 |
Proposals | 2 | 0 | 0 | -- | -- | 2 | 0 | -- |
| Prince Edward Island | 0 | 0 | 0 | -- | -- | 2 | 1 | 100.0 |
Bankruptcies | 0 | 0 | 0 | -- | -- | 2 | 0 | -- |
Proposals | 0 | 0 | 0 | -- | -- | 0 | 1 | -100.0 |
| Nova Scotia | 1 | 0 | 1 | -- | 0.0 | 14 | 7 | 100.0 |
Bankruptcies | 1 | 0 | 1 | -- | 0.0 | 9 | 6 | 50.0 |
Proposals | 0 | 0 | 0 | -- | -- | 5 | 1 | 400.0 |
| New Brunswick | 0 | 3 | 1 | -100.0 | -100.0 | 11 | 10 | 10.0 |
Bankruptcies | 0 | 3 | 1 | -100.0 | -100.0 | 9 | 6 | 50.0 |
Proposals | 0 | 0 | 0 | -- | -- | 2 | 4 | -50.0 |
| Quebec | 25 | 12 | 13 | 108.3 | 92.3 | 244 | 190 | 28.4 |
Bankruptcies | 14 | 9 | 8 | 55.6 | 75.0 | 137 | 126 | 8.7 |
Proposals | 11 | 3 | 5 | 266.7 | 120.0 | 107 | 64 | 67.2 |
| Ontario | 19 | 23 | 15 | -17.4 | 26.7 | 263 | 191 | 37.7 |
Bankruptcies | 13 | 12 | 9 | 8.3 | 44.4 | 147 | 106 | 38.7 |
Proposals | 6 | 11 | 6 | -45.5 | 0.0 | 116 | 85 | 36.5 |
| Manitoba | 1 | 0 | 2 | -- | -50.0 | 13 | 20 | -35.0 |
Bankruptcies | 1 | 0 | 2 | -- | -50.0 | 9 | 18 | -50.0 |
Proposals | 0 | 0 | 0 | -- | -- | 4 | 2 | 100.0 |
| Saskatchewan | 4 | 4 | 1 | 0.0 | 300.0 | 44 | 25 | 76.0 |
Bankruptcies | 3 | 1 | 1 | 200.0 | 200.0 | 28 | 20 | 40.0 |
Proposals | 1 | 3 | 0 | -66.7 | -- | 16 | 5 | 220.0 |
| Alberta | 11 | 11 | 7 | 0.0 | 57.1 | 94 | 66 | 42.4 |
Bankruptcies | 7 | 4 | 4 | 75.0 | 75.0 | 50 | 38 | 31.6 |
Proposals | 4 | 7 | 3 | -42.9 | 33.3 | 44 | 28 | 57.1 |
| British Columbia | 16 | 5 | 4 | 220.0 | 300.0 | 74 | 36 | 105.6 |
Bankruptcies | 10 | 4 | 2 | 150.0 | 400.0 | 52 | 24 | 116.7 |
Proposals | 6 | 1 | 2 | 500.0 | 200.0 | 22 | 12 | 83.3 |
| 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 | 79 | 58 | 44 | 36.2 | 79.5 | 770 | 553 | 39.2 |
Bankruptcies | 49 | 33 | 28 | 48.5 | 75.0 | 452 | 351 | 28.8 |
Proposals | 30 | 25 | 16 | 20.0 | 87.5 | 318 | 202 | 57.4 |
| - | Volume | % Change | 12-Month Period Ending | |||||
|---|---|---|---|---|---|---|---|---|
| August 2022 | July 2022 | August 2022 | July 2022 to August 2022 | August 2021 to August 2022 | 08-31-2022 | 08-31-2021 | % Change | |
| Agriculture, Forestry, Fishing and Hunting | 7 | 4 | 5 | 75.0 | 40.0 | 75 | 59 | 27.1 |
Bankruptcies | 5 | 3 | 5 | 66.7 | 0.0 | 64 | 46 | 39.1 |
Proposals | 2 | 1 | 0 | 100.0 | -- | 11 | 13 | -15.4 |
| Mining and Oil and Gas Extraction | 2 | 2 | 3 | 0.0 | -33.3 | 19 | 58 | -67.2 |
Bankruptcies | 2 | 2 | 3 | 0.0 | -33.3 | 15 | 43 | -65.1 |
Proposals | 0 | 0 | 0 | -- | -- | 4 | 15 | -73.3 |
| Utilities | 0 | 0 | 0 | -- | -- | 6 | 3 | 100.0 |
Bankruptcies | 0 | 0 | 0 | -- | -- | 5 | 2 | 150.0 |
Proposals | 0 | 0 | 0 | -- | -- | 1 | 1 | 0.0 |
| Construction | 45 | 23 | 26 | 95.7 | 73.1 | 456 | 326 | 39.9 |
Bankruptcies | 29 | 17 | 21 | 70.6 | 38.1 | 322 | 261 | 23.4 |
Proposals | 16 | 6 | 5 | 166.7 | 220.0 | 134 | 65 | 106.2 |
| Manufacturing | 21 | 18 | 22 | 16.7 | -4.5 | 224 | 229 | -2.2 |
Bankruptcies | 16 | 11 | 19 | 45.5 | -15.8 | 165 | 179 | -7.8 |
Proposals | 5 | 7 | 3 | -28.6 | 66.7 | 59 | 50 | 18.0 |
| Wholesale Trade | 11 | 8 | 8 | 37.5 | 37.5 | 125 | 110 | 13.6 |
Bankruptcies | 9 | 6 | 8 | 50.0 | 12.5 | 102 | 89 | 14.6 |
Proposals | 2 | 2 | 0 | 0.0 | -- | 23 | 21 | 9.5 |
| Retail Trade | 30 | 29 | 15 | 3.4 | 100.0 | 333 | 254 | 31.1 |
Bankruptcies | 26 | 20 | 13 | 30.0 | 100.0 | 273 | 200 | 36.5 |
Proposals | 4 | 9 | 2 | -55.6 | 100.0 | 60 | 54 | 11.1 |
| Transportation and Warehousing | 32 | 26 | 13 | 23.1 | 146.2 | 273 | 180 | 51.7 |
Bankruptcies | 25 | 22 | 8 | 13.6 | 212.5 | 211 | 144 | 46.5 |
Proposals | 7 | 4 | 5 | 75.0 | 40.0 | 62 | 36 | 72.2 |
| Information and Cultural Industries | 5 | 2 | 3 | 150.0 | 66.7 | 61 | 41 | 48.8 |
Bankruptcies | 3 | 1 | 2 | 200.0 | 50.0 | 38 | 35 | 8.6 |
Proposals | 2 | 1 | 1 | 100.0 | 100.0 | 23 | 6 | 283.3 |
| Finance and Insurance | 9 | 1 | 2 | 800.0 | 350.0 | 41 | 55 | -25.5 |
Bankruptcies | 7 | 1 | 0 | 600.0 | -- | 27 | 45 | -40.0 |
Proposals | 2 | 0 | 2 | -- | 0.0 | 14 | 10 | 40.0 |
| Real Estate and Rental and Leasing | 13 | 9 | 2 | 44.4 | 550.0 | 127 | 119 | 6.7 |
Bankruptcies | 12 | 8 | 1 | 50.0 | 1100.0 | 92 | 94 | -2.1 |
Proposals | 1 | 1 | 1 | 0.0 | 0.0 | 35 | 25 | 40.0 |
| Professional, Scientific and Technical Services | 12 | 16 | 11 | -25.0 | 9.1 | 220 | 162 | 35.8 |
Bankruptcies | 9 | 13 | 9 | -30.8 | 0.0 | 172 | 139 | 23.7 |
Proposals | 3 | 3 | 2 | 0.0 | 50.0 | 48 | 23 | 108.7 |
| Management of Companies and Enterprises | 3 | 0 | 3 | -- | 0.0 | 57 | 76 | -25.0 |
Bankruptcies | 3 | 0 | 3 | -- | 0.0 | 47 | 57 | -17.5 |
Proposals | 0 | 0 | 0 | -- | -- | 10 | 19 | -47.4 |
| Administrative and Support, Waste Management and Remediation Services | 11 | 9 | 5 | 22.2 | 120.0 | 178 | 133 | 33.8 |
Bankruptcies | 7 | 4 | 4 | 75.0 | 75.0 | 129 | 98 | 31.6 |
Proposals | 4 | 5 | 1 | -20.0 | 300.0 | 49 | 35 | 40.0 |
| Educational Services | 2 | 2 | 1 | 0.0 | 100.0 | 25 | 29 | -13.8 |
Bankruptcies | 2 | 1 | 1 | 100.0 | 100.0 | 20 | 24 | -16.7 |
Proposals | 0 | 1 | 0 | -100.0 | -- | 5 | 5 | 0.0 |
| Health Care and Social Assistance | 6 | 8 | 8 | -25.0 | -25.0 | 82 | 72 | 13.9 |
Bankruptcies | 6 | 8 | 5 | -25.0 | 20.0 | 69 | 51 | 35.3 |
Proposals | 0 | 0 | 3 | -- | -100.0 | 13 | 21 | -38.1 |
| Arts, Entertainment and Recreation | 7 | 14 | 7 | -50.0 | 0.0 | 87 | 78 | 11.5 |
Bankruptcies | 7 | 13 | 6 | -46.2 | 16.7 | 74 | 55 | 34.5 |
Proposals | 0 | 1 | 1 | -100.0 | -100.0 | 13 | 23 | -43.5 |
| Accommodation and Food Services | 49 | 40 | 22 | 22.5 | 122.7 | 470 | 327 | 43.7 |
Bankruptcies | 43 | 38 | 19 | 13.2 | 126.3 | 402 | 253 | 58.9 |
Proposals | 6 | 2 | 3 | 200.0 | 100.0 | 68 | 74 | -8.1 |
| Other Services (except Public Administration) | 13 | 18 | 12 | -27.8 | 8.3 | 188 | 123 | 52.8 |
Bankruptcies | 11 | 15 | 10 | -26.7 | 10.0 | 147 | 101 | 45.5 |
Proposals | 2 | 3 | 2 | -33.3 | 0.0 | 41 | 22 | 86.4 |
| Public Administration | 1 | 2 | 0 | -50.0 | -- | 5 | 5 | 0.0 |
Bankruptcies | 1 | 2 | 0 | -50.0 | -- | 5 | 4 | 25.0 |
Proposals | 0 | 0 | 0 | -- | -- | 0 | 1 | -100.0 |
| Canada | 279 | 231 | 168 | 20.8 | 66.1 | 3,052 | 2,439 | 25.1 |
| Bankruptcies | 223 | 185 | 137 | 20.5 | 62.8 | 2,379 | 1,920 | 23.9 |
| Proposals | 56 | 46 | 31 | 21.7 | 80.6 | 673 | 519 | 29.7 |