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 | |||||
|---|---|---|---|---|---|---|---|---|
| May 2022 | April 2022 | May 2021 | Apr. 2022 to May 2022 | May 2021 to May 2022 | 05-31-2022 | 05-31-2021 | % Change | |
| Newfoundland and Labrador | 154 | 146 | 155 | 5.5 | -0.6 | 1,671 | 1,828 | -8.6 |
| Bankruptcies | 65 | 63 | 63 | 3.2 | 3.2 | 610 | 703 | -13.2 |
| Proposals | 89 | 83 | 92 | 7.2 | -3.3 | 1,061 | 1,125 | -5.7 |
| Prince Edward Island | 41 | 34 | 36 | 20.6 | 13.9 | 405 | 391 | 3.6 |
| Bankruptcies | 19 | 13 | 23 | 46.2 | -17.4 | 174 | 171 | 1.8 |
| Proposals | 22 | 21 | 13 | 4.8 | 69.2 | 231 | 220 | 5.0 |
| Nova Scotia | 281 | 302 | 261 | -7.0 | 7.7 | 2,935 | 3,140 | -6.5 |
| Bankruptcies | 124 | 119 | 106 | 4.2 | 17.0 | 1,202 | 1,400 | -14.1 |
| Proposals | 157 | 183 | 155 | -14.2 | 1.3 | 1,733 | 1,740 | -0.4 |
| New Brunswick | 279 | 258 | 248 | 8.1 | 12.5 | 2,923 | 3,198 | -8.6 |
| Bankruptcies | 103 | 103 | 110 | 0.0 | -6.4 | 1,117 | 1,462 | -23.6 |
| Proposals | 176 | 155 | 138 | 13.5 | 27.5 | 1,806 | 1,736 | 4.0 |
| Quebec | 2,188 | 2,160 | 2,073 | 1.3 | 5.5 | 25,305 | 25,252 | 0.2 |
| Bankruptcies | 809 | 847 | 969 | -4.5 | -16.5 | 10,733 | 11,814 | -9.2 |
| Proposals | 1,379 | 1,313 | 1,104 | 5.0 | 24.9 | 14,572 | 13,438 | 8.4 |
| Ontario | 3,012 | 2,739 | 2,445 | 10.0 | 23.2 | 31,426 | 31,769 | -1.1 |
| Bankruptcies | 733 | 650 | 693 | 12.8 | 5.8 | 7,722 | 8,633 | -10.6 |
| Proposals | 2,279 | 2,089 | 1,752 | 9.1 | 30.1 | 23,704 | 23,136 | 2.5 |
| Manitoba | 227 | 219 | 187 | 3.7 | 21.4 | 2,535 | 2,392 | 6.0 |
| Bankruptcies | 59 | 77 | 69 | -23.4 | -14.5 | 750 | 792 | -5.3 |
| Proposals | 168 | 142 | 118 | 18.3 | 42.4 | 1,785 | 1,600 | 11.6 |
| Saskatchewan | 261 | 253 | 249 | 3.2 | 4.8 | 2,787 | 2,679 | 4.0 |
| Bankruptcies | 59 | 53 | 75 | 11.3 | -21.3 | 705 | 838 | -15.9 |
| Proposals | 202 | 200 | 174 | 1.0 | 16.1 | 2,082 | 1,841 | 13.1 |
| Alberta | 1,322 | 1,321 | 1,207 | 0.1 | 9.5 | 14,079 | 13,207 | 6.6 |
| Bankruptcies | 229 | 242 | 232 | -5.4 | -1.3 | 2,584 | 3,300 | -21.7 |
| Proposals | 1,093 | 1,079 | 975 | 1.3 | 12.1 | 11,495 | 9,907 | 16.0 |
| British Columbia | 882 | 766 | 752 | 15.1 | 17.3 | 8,965 | 8,267 | 8.4 |
| Bankruptcies | 170 | 158 | 182 | 7.6 | -6.6 | 1,980 | 2,388 | -17.1 |
| Proposals | 712 | 608 | 570 | 17.1 | 24.9 | 6,985 | 5,879 | 18.8 |
| Northwest Territories | 5 | 8 | 7 | -37.5 | -28.6 | 65 | 52 | 25.0 |
| Bankruptcies | 0 | 0 | 0 | -- | -- | 8 | 7 | 14.3 |
| Proposals | 5 | 8 | 7 | -37.5 | -28.6 | 57 | 45 | 26.7 |
| Yukon | 7 | 6 | 2 | 16.7 | 250.0 | 44 | 31 | 41.9 |
| Bankruptcies | 0 | 0 | 2 | -- | -100.0 | 5 | 11 | -54.5 |
| Proposals | 7 | 6 | 0 | 16.7 | -- | 39 | 20 | 95.0 |
| Nunavut | 1 | 0 | 0 | -- | -- | 11 | 13 | -15.4 |
| Bankruptcies | 0 | 0 | 0 | -- | -- | 1 | 1 | 0.0 |
| Proposals | 1 | 0 | 0 | -- | -- | 10 | 12 | -16.7 |
| Canada | 8,660 | 8,212 | 7,622 | 5.5 | 13.6 | 93,151 | 92,219 | 1.0 |
| Bankruptcies | 2,370 | 2,325 | 2,524 | 1.9 | -6.1 | 27,591 | 31,520 | -12.5 |
| Proposals | 6,290 | 5,887 | 5,098 | 6.8 | 23.4 | 65,560 | 60,699 | 8.0 |
| - | Volume | % Change | 12-Month Period Ending | |||||
|---|---|---|---|---|---|---|---|---|
| May 2022 | April 2022 | May 2021 | Apr. 2022 to May 2022 | May 2021 to May 2022 | 05-31-2022 | 05-31-2021 | % Change | |
| Newfoundland and Labrador | 151 | 146 | 152 | 3.4 | -0.7 | 1,660 | 1,815 | -8.5 |
| Bankruptcies | 62 | 63 | 60 | -1.6 | 3.3 | 600 | 690 | -13.0 |
| Proposals | 89 | 83 | 92 | 7.2 | -3.3 | 1,060 | 1,125 | -5.8 |
| Prince Edward Island | 41 | 34 | 36 | 20.6 | 13.9 | 400 | 391 | 2.3 |
| Bankruptcies | 19 | 13 | 23 | 46.2 | -17.4 | 170 | 171 | -0.6 |
| Proposals | 22 | 21 | 13 | 4.8 | 69.2 | 230 | 220 | 4.5 |
| Nova Scotia | 281 | 299 | 261 | -6.0 | 7.7 | 2,914 | 3,127 | -6.8 |
| Bankruptcies | 124 | 118 | 106 | 5.1 | 17.0 | 1,191 | 1,388 | -14.2 |
| Proposals | 157 | 181 | 155 | -13.3 | 1.3 | 1,723 | 1,739 | -0.9 |
| New Brunswick | 278 | 256 | 248 | 8.6 | 12.1 | 2,904 | 3,174 | -8.5 |
| Bankruptcies | 102 | 102 | 110 | 0.0 | -7.3 | 1,101 | 1,447 | -23.9 |
| Proposals | 176 | 154 | 138 | 14.3 | 27.5 | 1,803 | 1,727 | 4.4 |
| Quebec | 2,044 | 2,002 | 1,959 | 2.1 | 4.3 | 23,622 | 23,737 | -0.5 |
| Bankruptcies | 687 | 714 | 871 | -3.8 | -21.1 | 9,346 | 10,570 | -11.6 |
| Proposals | 1,357 | 1,288 | 1,088 | 5.4 | 24.7 | 14,276 | 13,167 | 8.4 |
| Ontario | 2,958 | 2,668 | 2,405 | 10.9 | 23.0 | 30,692 | 31,136 | -1.4 |
| Bankruptcies | 696 | 602 | 658 | 15.6 | 5.8 | 7,206 | 8,171 | -11.8 |
| Proposals | 2,262 | 2,066 | 1,747 | 9.5 | 29.5 | 23,486 | 22,965 | 2.3 |
| Manitoba | 227 | 216 | 186 | 5.1 | 22.0 | 2,502 | 2,363 | 5.9 |
| Bankruptcies | 59 | 74 | 68 | -20.3 | -13.2 | 725 | 766 | -5.4 |
| Proposals | 168 | 142 | 118 | 18.3 | 42.4 | 1,777 | 1,597 | 11.3 |
| Saskatchewan | 254 | 251 | 243 | 1.2 | 4.5 | 2,742 | 2,633 | 4.1 |
| Bankruptcies | 56 | 52 | 73 | 7.7 | -23.3 | 675 | 801 | -15.7 |
| Proposals | 198 | 199 | 170 | -0.5 | 16.5 | 2,067 | 1,832 | 12.8 |
| Alberta | 1,309 | 1,305 | 1,191 | 0.3 | 9.9 | 13,933 | 13,051 | 6.8 |
| Bankruptcies | 217 | 235 | 218 | -7.7 | -0.5 | 2,486 | 3,189 | -22.0 |
| Proposals | 1,092 | 1,070 | 973 | 2.1 | 12.2 | 11,447 | 9,862 | 16.1 |
| British Columbia | 869 | 763 | 747 | 13.9 | 16.3 | 8,870 | 8,163 | 8.7 |
| Bankruptcies | 163 | 156 | 180 | 4.5 | -9.4 | 1,912 | 2,317 | -17.5 |
| Proposals | 706 | 607 | 567 | 16.3 | 24.5 | 6,958 | 5,846 | 19.0 |
| Northwest Territories | 5 | 8 | 7 | -37.5 | -28.6 | 65 | 52 | 25.0 |
| Bankruptcies | 0 | 0 | 0 | -- | -- | 8 | 7 | 14.3 |
| Proposals | 5 | 8 | 7 | -37.5 | -28.6 | 57 | 45 | 26.7 |
| Yukon | 7 | 6 | 2 | 16.7 | 250.0 | 44 | 31 | 41.9 |
| Bankruptcies | 0 | 0 | 2 | -- | -100.0 | 5 | 11 | -54.5 |
| Proposals | 7 | 6 | 0 | 16.7 | -- | 39 | 20 | 95.0 |
| Nunavut | 1 | 0 | 0 | -- | -- | 11 | 12 | -8.3 |
| Bankruptcies | 0 | 0 | 0 | -- | -- | 1 | 0 | -- |
| Proposals | 1 | 0 | 0 | -- | -- | 10 | 12 | -16.7 |
| Canada | 8,425 | 7,954 | 7,437 | 5.9 | 13.3 | 90,359 | 89,685 | 0.8 |
| Bankruptcies | 2,185 | 2,129 | 2,369 | 2.6 | -7.8 | 25,426 | 29,528 | -13.9 |
| Proposals | 6,240 | 5,825 | 5,068 | 7.1 | 23.1 | 64,933 | 60,157 | 7.9 |
| - | Volume | % Change | 12-Month Period Ending | |||||
|---|---|---|---|---|---|---|---|---|
| May 2022 | April 2022 | May 2021 | Apr. 2022 to May 2022 | May 2021 to May 2022 | 05-31-2022 | 05-31-2021 | % Change | |
| Newfoundland and Labrador | 3 | 0 | 3 | -- | 0.0 | 11 | 13 | -15.4 |
| Bankruptcies | 3 | 0 | 3 | -- | 0.0 | 10 | 13 | -23.1 |
| Proposals | 0 | 0 | 0 | -- | -- | 1 | 0 | -- |
| Prince Edward Island | 0 | 0 | 0 | -- | -- | 5 | 0 | -- |
| Bankruptcies | 0 | 0 | 0 | -- | -- | 4 | 0 | -- |
| Proposals | 0 | 0 | 0 | -- | -- | 1 | 0 | -- |
| Nova Scotia | 0 | 3 | 0 | -100.0 | -- | 21 | 13 | 61.5 |
| Bankruptcies | 0 | 1 | 0 | -100.0 | -- | 11 | 12 | -8.3 |
| Proposals | 0 | 2 | 0 | -100.0 | -- | 10 | 1 | 900.0 |
| New Brunswick | 1 | 2 | 0 | -50.0 | -- | 19 | 24 | -20.8 |
| Bankruptcies | 1 | 1 | 0 | 0.0 | -- | 16 | 15 | 6.7 |
| Proposals | 0 | 1 | 0 | -100.0 | -- | 3 | 9 | -66.7 |
| Quebec | 144 | 158 | 114 | -8.9 | 26.3 | 1,683 | 1,515 | 11.1 |
| Bankruptcies | 122 | 133 | 98 | -8.3 | 24.5 | 1,387 | 1,244 | 11.5 |
| Proposals | 22 | 25 | 16 | -12.0 | 37.5 | 296 | 271 | 9.2 |
| Ontario | 54 | 71 | 40 | -23.9 | 35.0 | 734 | 633 | 16.0 |
| Bankruptcies | 37 | 48 | 35 | -22.9 | 5.7 | 516 | 462 | 11.7 |
| Proposals | 17 | 23 | 5 | -26.1 | 240.0 | 218 | 171 | 27.5 |
| Manitoba | 0 | 3 | 1 | -100.0 | -100.0 | 33 | 29 | 13.8 |
| Bankruptcies | 0 | 3 | 1 | -100.0 | -100.0 | 25 | 26 | -3.8 |
| Proposals | 0 | 0 | 0 | -- | -- | 8 | 3 | 166.7 |
| Saskatchewan | 7 | 2 | 6 | 250.0 | 16.7 | 45 | 46 | -2.2 |
| Bankruptcies | 3 | 1 | 2 | 200.0 | 50.0 | 30 | 37 | -18.9 |
| Proposals | 4 | 1 | 4 | 300.0 | 0.0 | 15 | 9 | 66.7 |
| Alberta | 13 | 16 | 16 | -18.8 | -18.8 | 146 | 156 | -6.4 |
| Bankruptcies | 12 | 7 | 14 | 71.4 | -14.3 | 98 | 111 | -11.7 |
| Proposals | 1 | 9 | 2 | -88.9 | -50.0 | 48 | 45 | 6.7 |
| British Columbia | 13 | 3 | 5 | 333.3 | 160.0 | 95 | 104 | -8.7 |
| Bankruptcies | 7 | 2 | 2 | 250.0 | 250.0 | 68 | 71 | -4.2 |
| Proposals | 6 | 1 | 3 | 500.0 | 100.0 | 27 | 33 | -18.2 |
| 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 | 1 | -100.0 |
| Bankruptcies | 0 | 0 | 0 | -- | -- | 0 | 1 | -100.0 |
| Proposals | 0 | 0 | 0 | -- | -- | 0 | 0 | -- |
| Canada | 235 | 258 | 185 | -8.9 | 27.0 | 2,792 | 2,534 | 10.2 |
| Bankruptcies | 185 | 196 | 155 | -5.6 | 19.4 | 2,165 | 1,992 | 8.7 |
| Proposals | 50 | 62 | 30 | -19.4 | 66.7 | 627 | 542 | 15.7 |
| - | Volume | % Change | 12-Month Period Ending | |||||
|---|---|---|---|---|---|---|---|---|
| May 2022 | April 2022 | May 2021 | Apr. 2022 to May 2022 | May 2021 to May 2022 | 05-31-2022 | 05-31-2021 | % Change | |
| Newfoundland and Labrador | 0 | 0 | 1 | -- | -100.0 | 3 | 5 | -40.0 |
| Bankruptcies | 0 | 0 | 1 | -- | -100.0 | 2 | 5 | -60.0 |
| Proposals | 0 | 0 | 0 | -- | -- | 1 | 0 | -- |
| Prince Edward Island | 0 | 0 | 0 | -- | -- | 2 | 0 | -- |
| Bankruptcies | 0 | 0 | 0 | -- | -- | 2 | 0 | -- |
| Proposals | 0 | 0 | 0 | -- | -- | 0 | 0 | -- |
| Nova Scotia | 0 | 1 | 0 | -100.0 | -- | 8 | 7 | 14.3 |
| Bankruptcies | 0 | 1 | 0 | -100.0 | -- | 3 | 7 | -57.1 |
| Proposals | 0 | 0 | 0 | -- | -- | 5 | 0 | -- |
| New Brunswick | 0 | 1 | 0 | -100.0 | -- | 10 | 13 | -23.1 |
| Bankruptcies | 0 | 1 | 0 | -100.0 | -- | 9 | 10 | -10.0 |
| Proposals | 0 | 0 | 0 | -- | -- | 1 | 3 | -66.7 |
| Quebec | 126 | 139 | 103 | -9.4 | 22.3 | 1,468 | 1,335 | 10.0 |
| Bankruptcies | 113 | 120 | 89 | -5.8 | 27.0 | 1,261 | 1,125 | 12.1 |
| Proposals | 13 | 19 | 14 | -31.6 | -7.1 | 207 | 210 | -1.4 |
| Ontario | 30 | 54 | 28 | -44.4 | 7.1 | 493 | 439 | 12.3 |
| Bankruptcies | 27 | 38 | 25 | -28.9 | 8.0 | 386 | 349 | 10.6 |
| Proposals | 3 | 16 | 3 | -81.3 | 0.0 | 107 | 90 | 18.9 |
| Manitoba | 0 | 2 | 0 | -100.0 | -- | 17 | 8 | 112.5 |
| Bankruptcies | 0 | 2 | 0 | -100.0 | -- | 13 | 7 | 85.7 |
| Proposals | 0 | 0 | 0 | -- | -- | 4 | 1 | 300.0 |
| Saskatchewan | 3 | 1 | 4 | 200.0 | -25.0 | 8 | 22 | -63.6 |
| Bankruptcies | 1 | 0 | 1 | -- | 0.0 | 5 | 17 | -70.6 |
| Proposals | 2 | 1 | 3 | 100.0 | -33.3 | 3 | 5 | -40.0 |
| Alberta | 7 | 6 | 7 | 16.7 | 0.0 | 74 | 91 | -18.7 |
| Bankruptcies | 7 | 3 | 7 | 133.3 | 0.0 | 56 | 69 | -18.8 |
| Proposals | 0 | 3 | 0 | -100.0 | -- | 18 | 22 | -18.2 |
| British Columbia | 5 | 0 | 3 | -- | 66.7 | 42 | 72 | -41.7 |
| Bankruptcies | 2 | 0 | 0 | -- | -- | 33 | 48 | -31.3 |
| Proposals | 3 | 0 | 3 | -- | 0.0 | 9 | 24 | -62.5 |
| 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 | 1 | -100.0 |
| Bankruptcies | 0 | 0 | 0 | -- | -- | 0 | 1 | -100.0 |
| Proposals | 0 | 0 | 0 | -- | -- | 0 | 0 | -- |
| Canada | 171 | 204 | 146 | -16.2 | 17.1 | 2,125 | 1,993 | 6.6 |
| Bankruptcies | 150 | 165 | 123 | -9.1 | 22.0 | 1,770 | 1,638 | 8.1 |
| Proposals | 21 | 39 | 23 | -46.2 | -8.7 | 355 | 355 | 0.0 |
| - | Volume | % Change | 12-Month Period Ending | |||||
|---|---|---|---|---|---|---|---|---|
| May 2022 | April 2022 | May 2021 | Apr. 2022 to May 2022 | May 2021 to May 2022 | 05-31-2022 | 05-31-2021 | % Change | |
| Newfoundland and Labrador | 3 | 0 | 2 | -- | 50.0 | 8 | 8 | 0.0 |
| Bankruptcies | 3 | 0 | 2 | -- | 50.0 | 8 | 8 | 0.0 |
| Proposals | 0 | 0 | 0 | -- | -- | 0 | 0 | -- |
| Prince Edward Island | 0 | 0 | 0 | -- | -- | 3 | 0 | -- |
| Bankruptcies | 0 | 0 | 0 | -- | -- | 2 | 0 | -- |
| Proposals | 0 | 0 | 0 | -- | -- | 1 | 0 | -- |
| Nova Scotia | 0 | 2 | 0 | -100.0 | -- | 13 | 6 | 116.7 |
| Bankruptcies | 0 | 0 | 0 | -- | -- | 8 | 5 | 60.0 |
| Proposals | 0 | 2 | 0 | -100.0 | -- | 5 | 1 | 400.0 |
| New Brunswick | 1 | 1 | 0 | 0.0 | -- | 9 | 11 | -18.2 |
| Bankruptcies | 1 | 0 | 0 | -- | -- | 7 | 5 | 40.0 |
| Proposals | 0 | 1 | 0 | -100.0 | -- | 2 | 6 | -66.7 |
| Quebec | 18 | 19 | 11 | -5.3 | 63.6 | 215 | 180 | 19.4 |
| Bankruptcies | 9 | 13 | 9 | -30.8 | 0.0 | 126 | 119 | 5.9 |
| Proposals | 9 | 6 | 2 | 50.0 | 350.0 | 89 | 61 | 45.9 |
| Ontario | 24 | 17 | 12 | 41.2 | 100.0 | 241 | 194 | 24.2 |
| Bankruptcies | 10 | 10 | 10 | 0.0 | 0.0 | 130 | 113 | 15.0 |
| Proposals | 14 | 7 | 2 | 100.0 | 600.0 | 111 | 81 | 37.0 |
| Manitoba | 0 | 1 | 1 | -100.0 | -100.0 | 16 | 21 | -23.8 |
| Bankruptcies | 0 | 1 | 1 | -100.0 | -100.0 | 12 | 19 | -36.8 |
| Proposals | 0 | 0 | 0 | -- | -- | 4 | 2 | 100.0 |
| Saskatchewan | 4 | 1 | 2 | 300.0 | 100.0 | 37 | 24 | 54.2 |
| Bankruptcies | 2 | 1 | 1 | 100.0 | 100.0 | 25 | 20 | 25.0 |
| Proposals | 2 | 0 | 1 | -- | 100.0 | 12 | 4 | 200.0 |
| Alberta | 6 | 10 | 9 | -40.0 | -33.3 | 72 | 65 | 10.8 |
| Bankruptcies | 5 | 4 | 7 | 25.0 | -28.6 | 42 | 42 | 0.0 |
| Proposals | 1 | 6 | 2 | -83.3 | -50.0 | 30 | 23 | 30.4 |
| British Columbia | 8 | 3 | 2 | 166.7 | 300.0 | 53 | 32 | 65.6 |
| Bankruptcies | 5 | 2 | 2 | 150.0 | 150.0 | 35 | 23 | 52.2 |
| Proposals | 3 | 1 | 0 | 200.0 | -- | 18 | 9 | 100.0 |
| 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 | 64 | 54 | 39 | 18.5 | 64.1 | 667 | 541 | 23.3 |
| Bankruptcies | 35 | 31 | 32 | 12.9 | 9.4 | 395 | 354 | 11.6 |
| Proposals | 29 | 23 | 7 | 26.1 | 314.3 | 272 | 187 | 45.5 |
| - | Volume | % Change | 12-Month Period Ending | |||||
|---|---|---|---|---|---|---|---|---|
| May 2022 | April 2022 | May 2022 | Apr. 2022 to May 2022 | May 2021 to May 2022 | 05-31-2022 | 05-31-2021 | % Change | |
| Agriculture, Forestry, Fishing and Hunting | 8 | 7 | 3 | 14.3 | 166.7 | 74 | 61 | 21.3 |
| Bankruptcies | 6 | 7 | 3 | -14.3 | 100.0 | 65 | 49 | 32.7 |
| Proposals | 2 | 0 | 0 | -- | -- | 9 | 12 | -25.0 |
| Mining and Oil and Gas Extraction | 2 | 2 | 7 | 0.0 | -71.4 | 27 | 50 | -46.0 |
| Bankruptcies | 1 | 1 | 7 | 0.0 | -85.7 | 20 | 35 | -42.9 |
| Proposals | 1 | 1 | 0 | 0.0 | -- | 7 | 15 | -53.3 |
| Utilities | 0 | 1 | 1 | -100.0 | -100.0 | 3 | 4 | -25.0 |
| Bankruptcies | 0 | 1 | 0 | -100.0 | -- | 3 | 3 | 0.0 |
| Proposals | 0 | 0 | 1 | -- | -100.0 | 0 | 1 | -100.0 |
| Construction | 32 | 45 | 31 | -28.9 | 3.2 | 417 | 312 | 33.7 |
| Bankruptcies | 22 | 32 | 26 | -31.3 | -15.4 | 300 | 255 | 17.6 |
| Proposals | 10 | 13 | 5 | -23.1 | 100.0 | 117 | 57 | 105.3 |
| Manufacturing | 16 | 21 | 15 | -23.8 | 6.7 | 221 | 223 | -0.9 |
| Bankruptcies | 13 | 16 | 13 | -18.8 | 0.0 | 172 | 169 | 1.8 |
| Proposals | 3 | 5 | 2 | -40.0 | 50.0 | 49 | 54 | -9.3 |
| Wholesale Trade | 10 | 9 | 3 | 11.1 | 233.3 | 118 | 122 | -3.3 |
| Bankruptcies | 7 | 9 | 3 | -22.2 | 133.3 | 97 | 96 | 1.0 |
| Proposals | 3 | 0 | 0 | -- | -- | 21 | 26 | -19.2 |
| Retail Trade | 32 | 21 | 24 | 52.4 | 33.3 | 285 | 303 | -5.9 |
| Bankruptcies | 29 | 19 | 19 | 52.6 | 52.6 | 238 | 230 | 3.5 |
| Proposals | 3 | 2 | 5 | 50.0 | -40.0 | 47 | 73 | -35.6 |
| Transportation and Warehousing | 21 | 18 | 14 | 16.7 | 50.0 | 240 | 159 | 50.9 |
| Bankruptcies | 17 | 12 | 13 | 41.7 | 30.8 | 185 | 129 | 43.4 |
| Proposals | 4 | 6 | 1 | -33.3 | 300.0 | 55 | 30 | 83.3 |
| Information and Cultural Industries | 2 | 7 | 1 | -71.4 | 100.0 | 58 | 36 | 61.1 |
| Bankruptcies | 2 | 4 | 1 | -50.0 | 100.0 | 36 | 29 | 24.1 |
| Proposals | 0 | 3 | 0 | -100.0 | -- | 22 | 7 | 214.3 |
| Finance and Insurance | 2 | 5 | 0 | -60.0 | -- | 39 | 51 | -23.5 |
| Bankruptcies | 1 | 2 | 0 | -50.0 | -- | 27 | 42 | -35.7 |
| Proposals | 1 | 3 | 0 | -66.7 | -- | 12 | 9 | 33.3 |
| Real Estate and Rental and Leasing | 9 | 8 | 5 | 12.5 | 80.0 | 105 | 134 | -21.6 |
| Bankruptcies | 9 | 3 | 4 | 200.0 | 125.0 | 70 | 103 | -32.0 |
| Proposals | 0 | 5 | 1 | -100.0 | -100.0 | 35 | 31 | 12.9 |
| Professional, Scientific and Technical Services | 18 | 19 | 15 | -5.3 | 20.0 | 208 | 160 | 30.0 |
| Bankruptcies | 13 | 15 | 14 | -13.3 | -7.1 | 165 | 133 | 24.1 |
| Proposals | 5 | 4 | 1 | 25.0 | 400.0 | 43 | 27 | 59.3 |
| Management of Companies and Enterprises | 5 | 3 | 8 | 66.7 | -37.5 | 67 | 82 | -18.3 |
| Bankruptcies | 3 | 3 | 7 | 0.0 | -57.1 | 51 | 65 | -21.5 |
| Proposals | 2 | 0 | 1 | -- | 100.0 | 16 | 17 | -5.9 |
| Administrative and Support, Waste Management and Remediation Services | 13 | 12 | 5 | 8.3 | 160.0 | 177 | 123 | 43.9 |
| Bankruptcies | 11 | 10 | 2 | 10.0 | 450.0 | 132 | 92 | 43.5 |
| Proposals | 2 | 2 | 3 | 0.0 | -33.3 | 45 | 31 | 45.2 |
| Educational Services | 0 | 2 | 4 | -100.0 | -100.0 | 24 | 40 | -40.0 |
| Bankruptcies | 0 | 2 | 4 | -100.0 | -100.0 | 19 | 33 | -42.4 |
| Proposals | 0 | 0 | 0 | -- | -- | 5 | 7 | -28.6 |
| Health Care and Social Assistance | 9 | 3 | 5 | 200.0 | 80.0 | 74 | 73 | 1.4 |
| Bankruptcies | 7 | 2 | 2 | 250.0 | 250.0 | 56 | 56 | 0.0 |
| Proposals | 2 | 1 | 3 | 100.0 | -33.3 | 18 | 17 | 5.9 |
| Arts, Entertainment and Recreation | 5 | 8 | 5 | -37.5 | 0.0 | 75 | 95 | -21.1 |
| Bankruptcies | 4 | 5 | 4 | -20.0 | 0.0 | 60 | 70 | -14.3 |
| Proposals | 1 | 3 | 1 | -66.7 | 0.0 | 15 | 25 | -40.0 |
| Accommodation and Food Services | 29 | 40 | 26 | -27.5 | 11.5 | 400 | 375 | 6.7 |
| Bankruptcies | 22 | 32 | 22 | -31.3 | 0.0 | 327 | 295 | 10.8 |
| Proposals | 7 | 8 | 4 | -12.5 | 75.0 | 73 | 80 | -8.8 |
| Other Services (except Public Administration) | 22 | 25 | 12 | -12.0 | 83.3 | 176 | 125 | 40.8 |
| Bankruptcies | 18 | 19 | 10 | -5.3 | 80.0 | 138 | 103 | 34.0 |
| Proposals | 4 | 6 | 2 | -33.3 | 100.0 | 38 | 22 | 72.7 |
| Public Administration | 0 | 1 | 1 | -100.0 | -100.0 | 2 | 6 | -66.7 |
| Bankruptcies | 0 | 1 | 1 | -100.0 | -100.0 | 2 | 5 | -60.0 |
| Proposals | 0 | 0 | 0 | -- | -- | 0 | 1 | -100.0 |
| Canada | 235 | 257 | 185 | -8.6 | 27.0 | 2,790 | 2,534 | 10.1 |
| Bankruptcies | 185 | 195 | 155 | -5.1 | 19.4 | 2,163 | 1,992 | 8.6 |
| Proposals | 50 | 62 | 30 | -19.4 | 66.7 | 627 | 542 | 15.7 |