Insolvency statistics in Canada—First quarter of 2022 (br04631)

Some insolvency filings do not have an identifiable Economic Region. Previously, a process was used to redistribute these filings among Economic Regions. From 2022 onwards, filings with an unknown Economic Region will be reported as such. Note that in cases where there is a discrepancy between past reports, the most recent report is considered correct.

Table 6: BIA Insolvencies Filed by Businesses by ER
- Volume % Change 12-Month Period Ending
Q1 2022 Q4 2021 Q1 2021 Q4 2021
to
Q1 2022
Q1 2021
to
Q1 2022
03-31-2022 03-31-2021 % Change
Newfoundland and Labrador 1 3 2 -66.7 -50.0 11 10 10.0
Bankruptcies 1 2 2 -50.0 -50.0 10 10 0.0
Proposals 0 1 0 -100.0 -- 1 0 --
Avalon Peninsula 0 3 1 -100.0 -100.0 5 7 -28.6
Bankruptcies 0 2 1 -100.0 -100.0 4 7 -42.9
Proposals 0 1 0 -100.0 -- 1 0 --
South Coast - Burin Peninsula 0 0 0 -- -- 0 0 --
Bankruptcies 0 0 0 -- -- 0 0 --
Proposals 0 0 0 -- -- 0 0 --
West Coast - Northern Peninsula - Labrador 0 0 0 -- -- 2 1 100.0
Bankruptcies 0 0 0 -- -- 2 1 100.0
Proposals 0 0 0 -- -- 0 0 --
Notre Dame - Central Bonavista Bay 0 0 0 -- -- 1 1 0.0
Bankruptcies 0 0 0 -- -- 1 1 0.0
Proposals 0 0 0 -- -- 0 0 --
Unknown 1 0 1 -- 0.0 3 1 200.0
Bankruptcies 1 0 1 -- 0.0 3 1 200.0
Proposals 0 0 0 -- -- 0 0 --
Prince Edward Island 1 2 0 -50.0 -- 5 1 400.0
Bankruptcies 1 2 0 -50.0 -- 4 0 --
Proposals 0 0 0 -- -- 1 1 0.0
Unknown 0 0 0 -- -- 0 0 --
Bankruptcies 0 0 0 -- -- 0 0 --
Proposals 0 0 0 -- -- 0 0 --
Nova Scotia 1 2 0 -50.0 -- 5 1 400.0
Bankruptcies 1 2 0 -50.0 -- 4 0 --
Proposals 0 0 0 -- -- 1 1 0.0
Cape Breton 0 0 0 -- -- 0 0 --
Bankruptcies 0 0 0 -- -- 0 0 --
Proposals 0 0 0 -- -- 0 0 --
North Shore 8 7 7 14.3 14.3 18 15 20.0
Bankruptcies 4 4 7 0.0 -42.9 10 14 -28.6
Proposals 4 3 0 33.3 -- 8 1 700.0
Annapolis Valley 1 1 0 0.0 -- 3 1 200.0
Bankruptcies 1 1 0 0.0 -- 3 1 200.0
Proposals 0 0 0 -- -- 0 0 --
Southern 0 0 1 -- -100.0 1 2 -50.0
Bankruptcies 0 0 1 -- -100.0 1 2 -50.0
Proposals 0 0 0 -- -- 0 0 --
Halifax 0 2 0 -100.0 -- 2 1 100.0
Bankruptcies 0 2 0 -100.0 -- 2 1 100.0
Proposals 0 0 0 -- -- 0 0 --
Unknown 4 0 0 -- -- 7 9 -22.2
Bankruptcies 4 0 0 -- -- 7 6 16.7
Proposals 0 0 0 -- -- 0 3 -100.0
New Brunswick 7 4 1 75.0 600.0 18 22 -18.2
Bankruptcies 6 3 0 100.0 -- 16 13 23.1
Proposals 1 1 1 0.0 0.0 2 9 -77.8
Campbellton - Miramichi 4 0 0 -- -- 7 9 -22.2
Bankruptcies 4 0 0 -- -- 7 6 16.7
Proposals 0 0 0 -- -- 0 3 -100.0
Moncton - Richibucto 2 1 0 100.0 -- 5 4 25.0
Bankruptcies 1 0 0 -- -- 3 2 50.0
Proposals 1 1 0 0.0 -- 2 2 0.0
Saint John - St.Stephen 0 2 0 -100.0 -- 2 1 100.0
Bankruptcies 0 2 0 -100.0 -- 2 0 --
Proposals 0 0 0 -- -- 0 1 -100.0
Fredericton - Oromocto 0 1 0 -100.0 -- 3 0 --
Bankruptcies 0 1 0 -100.0 -- 3 0 --
Proposals 0 0 0 -- -- 0 0 --
Edmundston - Woodstock 1 0 1 -- 0.0 1 8 -87.5
Bankruptcies 1 0 0 -- -- 1 5 -80.0
Proposals 0 0 1 -- -100.0 0 3 -100.0
Unknown 0 0 0 -- -- 0 0 --
Bankruptcies 0 0 0 -- -- 0 0 --
Proposals 0 0 0 -- -- 0 0 --
Quebec 466 476 383 -2.1 21.7 1,614 1,456 10.9
Bankruptcies 378 389 312 -2.8 21.2 1,327 1,185 12.0
Proposals 88 87 71 1.1 23.9 287 271 5.9
Gaspésie - Îles-de-la-Madeleine 2 6 2 -66.7 0.0 10 9 11.1
Bankruptcies 2 5 2 -60.0 0.0 8 7 14.3
Proposals 0 1 0 -100.0 -- 2 2 0.0
Bas-Saint-Laurent 10 6 6 66.7 66.7 27 27 0.0
Bankruptcies 7 3 4 133.3 75.0 18 21 -14.3
Proposals 3 3 2 0.0 50.0 9 6 50.0
Capitale-Nationale 38 42 33 -9.5 15.2 142 122 16.4
Bankruptcies 32 33 25 -3.0 28.0 116 106 9.4
Proposals 6 9 8 -33.3 -25.0 26 16 62.5
Chaudière - Appalaches 20 18 23 11.1 -13.0 76 78 -2.6
Bankruptcies 17 15 20 13.3 -15.0 62 71 -12.7
Proposals 3 3 3 0.0 0.0 14 7 100.0
Estrie 12 8 14 50.0 -14.3 31 52 -40.4
Bankruptcies 12 7 11 71.4 9.1 29 38 -23.7
Proposals 0 1 3 -100.0 -100.0 2 14 -85.7
Centre-du-Québec 6 14 10 -57.1 -40.0 41 45 -8.9
Bankruptcies 3 12 10 -75.0 -70.0 36 39 -7.7
Proposals 3 2 0 50.0 -- 5 6 -16.7
Montérégie 83 70 53 18.6 56.6 262 238 10.1
Bankruptcies 63 56 45 12.5 40.0 214 205 4.4
Proposals 20 14 8 42.9 150.0 48 33 45.5
Montréal 114 156 114 -26.9 0.0 480 446 7.6
Bankruptcies 96 131 87 -26.7 10.3 391 333 17.4
Proposals 18 25 27 -28.0 -33.3 89 113 -21.2
Laval 31 31 21 0.0 47.6 99 86 15.1
Bankruptcies 26 22 15 18.2 73.3 80 65 23.1
Proposals 5 9 6 -44.4 -16.7 19 21 -9.5
Lanaudière 15 28 21 -46.4 -28.6 73 60 21.7
Bankruptcies 14 24 18 -41.7 -22.2 61 54 13.0
Proposals 1 4 3 -75.0 -66.7 12 6 100.0
Laurentides 53 33 29 60.6 82.8 138 95 45.3
Bankruptcies 38 30 29 26.7 31.0 116 86 34.9
Proposals 15 3 0 400.0 -- 22 9 144.4
Outaouais 14 14 21 0.0 -33.3 48 48 0.0
Bankruptcies 9 12 20 -25.0 -55.0 39 39 0.0
Proposals 5 2 1 150.0 400.0 9 9 0.0
Abitibi - Témiscamingue 5 6 6 -16.7 -16.7 23 27 -14.8
Bankruptcies 5 6 5 -16.7 0.0 23 25 -8.0
Proposals 0 0 1 -- -100.0 0 2 -100.0
Mauricie 16 12 10 33.3 60.0 49 50 -2.0
Bankruptcies 13 8 8 62.5 62.5 37 42 -11.9
Proposals 3 4 2 -25.0 50.0 12 8 50.0
Saguenay - Lac-Saint-Jean 23 11 13 109.1 76.9 47 40 17.5
Bankruptcies 20 10 9 100.0 122.2 41 31 32.3
Proposals 3 1 4 200.0 -25.0 6 9 -33.3
Côte-Nord 4 2 1 100.0 300.0 8 7 14.3
Bankruptcies 3 2 0 50.0 -- 7 6 16.7
Proposals 1 0 1 -- 0.0 1 1 0.0
Nord-du-Québec 0 2 0 -100.0 -- 3 2 50.0
Bankruptcies 0 1 0 -100.0 -- 2 2 0.0
Proposals 0 1 0 -100.0 -- 1 0 --
Unknown 20 17 6 17.6 233.3 57 24 137.5
Bankruptcies 18 12 4 50.0 350.0 47 15 213.3
Proposals 2 5 2 -60.0 0.0 10 9 11.1
Ontario 216 184 131 17.4 64.9 698 669 4.3
Bankruptcies 147 136 94 8.1 56.4 500 486 2.9
Proposals 69 48 37 43.8 86.5 198 183 8.2
Ottawa 15 28 8 -46.4 87.5 68 58 17.2
Bankruptcies 11 17 7 -35.3 57.1 50 47 6.4
Proposals 4 11 1 -63.6 300.0 18 11 63.6
Kingston - Pembroke 3 3 1 0.0 200.0 10 8 25.0
Bankruptcies 2 2 1 0.0 100.0 5 6 -16.7
Proposals 1 1 0 0.0 -- 5 2 150.0
Muskoka - Kawarthas 4 2 2 100.0 100.0 7 13 -46.2
Bankruptcies 3 2 2 50.0 50.0 6 11 -45.5
Proposals 1 0 0 -- -- 1 2 -50.0
Toronto 135 96 73 40.6 84.9 411 401 2.5
Bankruptcies 89 74 53 20.3 67.9 296 299 -1.0
Proposals 46 22 20 109.1 130.0 115 102 12.7
Kitchener - Waterloo - Barrie 11 5 10 120.0 10.0 32 45 -28.9
Bankruptcies 10 3 6 233.3 66.7 26 29 -10.3
Proposals 1 2 4 -50.0 -75.0 6 16 -62.5
Hamilton - Niagara Peninsula 17 19 9 -10.5 88.9 60 43 39.5
Bankruptcies 9 16 5 -43.8 80.0 37 26 42.3
Proposals 8 3 4 166.7 100.0 23 17 35.3
London 7 8 5 -12.5 40.0 26 23 13.0
Bankruptcies 4 5 4 -20.0 0.0 15 9 66.7
Proposals 3 3 1 0.0 200.0 11 14 -21.4
Windsor - Sarnia 4 6 4 -33.3 0.0 24 18 33.3
Bankruptcies 4 5 3 -20.0 33.3 21 15 40.0
Proposals 0 1 1 -100.0 -100.0 3 3 0.0
Stratford - Bruce Peninsula 3 5 0 -40.0 -- 10 11 -9.1
Bankruptcies 3 5 0 -40.0 -- 9 9 0.0
Proposals 0 0 0 -- -- 1 2 -50.0
Northeast 5 1 6 400.0 -16.7 13 16 -18.8
Bankruptcies 3 0 4 -- -25.0 9 10 -10.0
Proposals 2 1 2 100.0 0.0 4 6 -33.3
Northwest 2 0 0 -- -- 4 2 100.0
Bankruptcies 1 0 0 -- -- 3 2 50.0
Proposals 1 0 0 -- -- 1 0 --
Unknown 10 11 13 -9.1 -23.1 33 31 6.5
Bankruptcies 8 7 9 14.3 -11.1 23 23 0.0
Proposals 2 4 4 -50.0 -50.0 10 8 25.0
Manitoba 9 5 7 80.0 28.6 32 33 -3.0
Bankruptcies 5 4 5 25.0 0.0 24 29 -17.2
Proposals 4 1 2 300.0 100.0 8 4 100.0
Southeast 1 0 0 -- -- 2 1 100.0
Bankruptcies 1 0 0 -- -- 1 1 0.0
Proposals 0 0 0 -- -- 1 0 --
South Central 0 0 0 -- -- 1 1 0.0
Bankruptcies 0 0 0 -- -- 1 1 0.0
Proposals 0 0 0 -- -- 0 0 --
Southwest 0 2 1 -100.0 -100.0 4 7 -42.9
Bankruptcies 0 2 1 -100.0 -100.0 4 7 -42.9
Proposals 0 0 0 -- -- 0 0 --
North Central 1 0 1 -- 0.0 1 2 -50.0
Bankruptcies 1 0 1 -- 0.0 1 2 -50.0
Proposals 0 0 0 -- -- 0 0 --
Winnipeg 3 1 4 200.0 -25.0 14 18 -22.2
Bankruptcies 2 0 2 -- 0.0 10 15 -33.3
Proposals 1 1 2 0.0 -50.0 4 3 33.3
Interlake 0 0 0 -- -- 3 1 200.0
Bankruptcies 0 0 0 -- -- 3 1 200.0
Proposals 0 0 0 -- -- 0 0 --
Parklands 0 2 0 -100.0 -- 3 1 200.0
Bankruptcies 0 2 0 -100.0 -- 3 1 200.0
Proposals 0 0 0 -- -- 0 0 --
North 1 0 0 -- -- 1 1 0.0
Bankruptcies 1 0 0 -- -- 1 0 --
Proposals 0 0 0 -- -- 0 1 -100.0
Unknown 3 0 1 -- 200.0 3 1 200.0
Bankruptcies 0 0 1 -- -100.0 0 1 -100.0
Proposals 3 0 0 -- -- 3 0 --
Saskatchewan 14 11 17 27.3 -17.6 44 40 10.0
Bankruptcies 11 8 16 37.5 -31.3 30 33 -9.1
Proposals 3 3 1 0.0 200.0 14 7 100.0
Regina - Moose Mountain 2 2 2 0.0 0.0 10 10 0.0
Bankruptcies 2 2 2 0.0 0.0 8 9 -11.1
Proposals 0 0 0 -- -- 2 1 100.0
Swift Current - Moose Jaw 2 1 2 100.0 0.0 5 4 25.0
Bankruptcies 2 1 2 100.0 0.0 5 4 25.0
Proposals 0 0 0 -- -- 0 0 --
Saskatoon - Biggar 6 5 11 20.0 -45.5 14 17 -17.6
Bankruptcies 5 3 11 66.7 -54.5 10 14 -28.6
Proposals 1 2 0 -50.0 -- 4 3 33.3
Yorkton - Melville 3 0 0 -- -- 5 2 150.0
Bankruptcies 2 0 0 -- -- 2 2 0.0
Proposals 1 0 0 -- -- 3 0 --
Prince Albert 0 3 2 -100.0 -100.0 9 7 28.6
Bankruptcies 0 2 1 -100.0 -100.0 5 4 25.0
Proposals 0 1 1 -100.0 -100.0 4 3 33.3
Northern 0 0 0 -- -- 0 0 --
Bankruptcies 0 0 0 -- -- 0 0 --
Proposals 0 0 0 -- -- 0 0 --
Unknown 1 0 0 -- -- 1 0 --
Bankruptcies 0 0 0 -- -- 0 0 --
Proposals 1 0 0 -- -- 1 0 --
Alberta 47 27 33 74.1 42.4 154 144 6.9
Bankruptcies 34 19 21 78.9 61.9 102 100 2.0
Proposals 13 8 12 62.5 8.3 52 44 18.2
Lethbridge - Medicine Hat 1 3 1 -66.7 0.0 5 2 150.0
Bankruptcies 1 3 1 -66.7 0.0 5 2 150.0
Proposals 0 0 0 -- -- 0 0 --
Camrose - Drumheller 0 0 3 -- -100.0 1 5 -80.0
Bankruptcies 0 0 1 -- -100.0 1 2 -50.0
Proposals 0 0 2 -- -100.0 0 3 -100.0
Calgary 18 9 17 100.0 5.9 53 60 -11.7
Bankruptcies 13 7 13 85.7 0.0 41 38 7.9
Proposals 5 2 4 150.0 25.0 12 22 -45.5
Banff - Jasper - Rocky Mountain House 2 2 0 0.0 -- 4 7 -42.9
Bankruptcies 2 1 0 100.0 -- 3 4 -25.0
Proposals 0 1 0 -100.0 -- 1 3 -66.7
Red Deer 0 0 0 -- -- 1 4 -75.0
Bankruptcies 0 0 0 -- -- 1 3 -66.7
Proposals 0 0 0 -- -- 0 1 -100.0
Edmonton 19 10 8 90.0 137.5 65 43 51.2
Bankruptcies 15 7 3 114.3 400.0 36 32 12.5
Proposals 4 3 5 33.3 -20.0 29 11 163.6
Athabasca - Grande Prairie - Peace River 2 2 2 0.0 0.0 10 8 25.0
Bankruptcies 2 1 2 100.0 0.0 5 7 -28.6
Proposals 0 1 0 -100.0 -- 5 1 400.0
Wood Buffalo - Cold Lake 3 0 0 -- -- 6 9 -33.3
Bankruptcies 1 0 0 -- -- 4 7 -42.9
Proposals 2 0 0 -- -- 2 2 0.0
Unknown 2 1 2 100.0 0.0 9 6 50.0
Bankruptcies 0 0 1 -- -100.0 6 5 20.0
Proposals 2 1 1 100.0 100.0 3 1 200.0
British Columbia 38 14 22 171.4 72.7 90 115 -21.7
Bankruptcies 29 12 14 141.7 107.1 64 78 -17.9
Proposals 9 2 8 350.0 12.5 26 37 -29.7
Vancouver Island and Coast 5 0 2 -- 150.0 10 11 -9.1
Bankruptcies 4 0 2 -- 100.0 7 11 -36.4
Proposals 1 0 0 -- -- 3 0 --
Lower Mainland - Southwest 27 10 16 170.0 68.8 55 80 -31.3
Bankruptcies 19 9 11 111.1 72.7 40 55 -27.3
Proposals 8 1 5 700.0 60.0 15 25 -40.0
Thompson - Okanagan 0 3 3 -100.0 -100.0 9 12 -25.0
Bankruptcies 0 2 1 -100.0 -100.0 5 3 66.7
Proposals 0 1 2 -100.0 -100.0 4 9 -55.6
Kootenay 0 0 0 -- -- 0 2 -100.0
Bankruptcies 0 0 0 -- -- 0 2 -100.0
Proposals 0 0 0 -- -- 0 0 --
Cariboo 2 1 0 100.0 -- 3 3 0.0
Bankruptcies 2 1 0 100.0 -- 3 2 50.0
Proposals 0 0 0 -- -- 0 1 -100.0
North Coast 3 0 1 -- 200.0 3 1 200.0
Bankruptcies 3 0 0 -- -- 3 0 --
Proposals 0 0 1 -- -100.0 0 1 -100.0
Nechako 1 0 0 -- -- 2 2 0.0
Bankruptcies 1 0 0 -- -- 1 2 -50.0
Proposals 0 0 0 -- -- 1 0 --
Northeast 0 0 0 -- -- 2 0 --
Bankruptcies 0 0 0 -- -- 1 0 --
Proposals 0 0 0 -- -- 1 0 --
Unknown 0 0 0 -- -- 6 4 50.0
Bankruptcies 0 0 0 -- -- 4 3 33.3
Proposals 0 0 0 -- -- 2 1 100.0
Northwest Territories 0 0 0 -- -- 0 0 --
Bankruptcies 0 0 0 -- -- 0 0 --
Proposals 0 0 0 -- -- 0 0 --
Unknown 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 --
Unknown 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 --
Unknown 0 0 0 -- -- 0 0 --
Bankruptcies 0 0 0 -- -- 0 0 --
Proposals 0 0 0 -- -- 0 0 --