Insolvency statistics in Canada—Second Quarter of 2022 (br04679)

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 
Q2 2022 Q1 2022 Q2 2021 Q1 2022
to
Q2 2022
Q2 2021
to
Q2 2022
06-30-2022 06-30-2021 % Change
Newfoundland and Labrador  6 1 4 500.0 50.0 13 13 0.0

Bankruptcies

6 1 4 500.0 50.0 12 13 -7.7

Proposals

0 0 0 -- -- 1 0 --
Avalon Peninsula 6 0 1 -- 500.0 10 7 42.9

Bankruptcies

6 0 1 -- 500.0 9 7 28.6

Proposals

0 0 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 2 -- -100.0 0 3 -100.0

Bankruptcies

0 0 2 -- -100.0 0 3 -100.0

Proposals

0 0 0 -- -- 0 0 --
Notre Dame - Central Bonavista Bay 0 0 1 -- -100.0 0 2 -100.0

Bankruptcies

0 0 1 -- -100.0 0 2 -100.0

Proposals

0 0 0 -- -- 0 0 --
Unknown 0 1 0 -100.0 -- 3 1 200.0

Bankruptcies

0 1 0 -100.0 -- 3 1 200.0

Proposals

0 0 0 -- -- 0 0 --
Prince Edward Island 0 1 0 -100.0 -- 5 0 --

Bankruptcies

0 1 0 -100.0 -- 4 0 --

Proposals

0 0 0 -- -- 1 0 --
Prince Edward Island 0 1 0 -100.0 -- 5 0 --

Bankruptcies

0 1 0 -100.0 -- 4 0 --

Proposals

0 0 0 -- -- 1 0 --
Unknown 0 0 0 -- -- 0 0 --

Bankruptcies

0 0 0 -- -- 0 0 --

Proposals

0 0 0 -- -- 0 0 --
Nova Scotia 5 8 2 -37.5 150.0 21.0 15.0 40.0

Bankruptcies

3 4 1 -25.0 200.0 12.0 13.0 -7.7

Proposals

2 4 1 -50.0 100.0 9.0 2.0 350.0
Cape Breton 1 1 1 0.0 0.0 3.0 1.0 200.0

Bankruptcies

1 1 1 0.0 0.0 3.0 1.0 200.0

Proposals

0 0 0 -- -- 0 0 --
North Shore 1 0 0 -- -- 2.0 2.0 0.0

Bankruptcies

1 0 0 -- -- 2.0 2.0 0.0

Proposals

0 0 0 -- -- 0 0 --
Annapolis Valley 0 0 0 -- -- 2.0 1.0 100.0

Bankruptcies

0 0 0 -- -- 2.0 1.0 100.0

Proposals

0 0 0 -- -- 0 0 --
Southern 0 1 0 -100.0 -- 2.0 1.0 100.0

Bankruptcies

0 1 0 -100.0 -- 1.0 1.0 0.0

Proposals

0 0 0 -- -- 1.0 0.0 --
Halifax 3 6 1 -50 200.0 12 9 33

Bankruptcies

1 2 0 -50.0 -- 4 7 -43

Proposals

2 4 1 -50.0 100.0 8 2 300
Unknown 0 0 0 -- -- 0 1 -100

Bankruptcies

0 0 0 -- -- 0 1 -100

Proposals

0 0 0 -- -- 0 0 --
New Brunswick 4 7 4 -42.9 0.0 18 21 -14.3

Bankruptcies

3 6 4 -50.0 -25.0 15 14 7.1

Proposals

1 1 0 0.0 -- 3 7 -57.1
Campbellton - Miramichi 1 4 1 -75.0 0.0 7 9 -22.2

Bankruptcies

1 4 1 -75.0 0.0 7 7 0.0

Proposals

0 0 0 -- -- 0 2 -100.0
Moncton - Richibucto 1 2 1 -50.0 0.0 5 4 25.0

Bankruptcies

0 1 1 -100.0 -100.0 2 3 -33.3

Proposals

1 1 0 0.0 -- 3 1 200.0
Saint John - St.Stephen 0 0 0 -- -- 2 1 100.0

Bankruptcies

0 0 0 -- -- 2 0 --

Proposals

0 0 0 -- -- 0 1 -100.0
Fredericton - Oromocto 2 0 2 -- 0.0 3 2 50.0

Bankruptcies

2 0 2 -- 0.0 3 2 50.0

Proposals

0 0 0 -- -- 0 0 --
Edmundston - Woodstock 0 1 0 -100.0 -- 1 5 -80.0

Bankruptcies

0 1 0 -100.0 -- 1 2 -50.0

Proposals

0 0 0 -- -- 0 3 -100.0
Unknown 0 0 0 -- -- 0 0 --

Bankruptcies

0 0 0 -- -- 0 0 --

Proposals

0 0 0 -- -- 0 0 --
Quebec 480 466 377 3.0 27.3 1,717 1,511 13.6

Bankruptcies

406 378 314 7.4 29.3 1,419 1,246 13.9

Proposals

74 88 63 -15.9 17.5 298 265 12.5
Gaspésie - Îles-de-la-Madeleine 2 2 2 0.0 0.0 10 10 0.0

Bankruptcies

2 2 1 0.0 100.0 9 7 28.6

Proposals

0 0 1 -- -100.0 1 3 -66.7
Bas-Saint-Laurent 13 10 7 30.0 85.7 33 29 13.8

Bankruptcies

10 7 4 42.9 150.0 24 21 14.3

Proposals

3 3 3 0.0 0.0 9 8 12.5
Capitale-Nationale 34 38 30 -10.5 13.3 146 131 11.5

Bankruptcies

29 32 24 -9.4 20.8 121 113 7.1

Proposals

5 6 6 -16.7 -16.7 25 18 38.9
Chaudière - Appalaches 14 20 21 -30.0 -33.3 69 84 -17.9

Bankruptcies

14 17 16 -17.6 -12.5 60 72 -16.7

Proposals

0 3 5 -100.0 -100.0 9 12 -25.0
Estrie 9 12 10 -25.0 -10.0 30 48 -37.5

Bankruptcies

7 12 10 -41.7 -30.0 26 39 -33.3

Proposals

2 0 0 -- -- 4 9 -55.6
Centre-du-Québec 9 6 10 50.0 -10.0 40 43 -7.0

Bankruptcies

7 3 10 133.3 -30.0 33 40 -17.5

Proposals

2 3 0 -33.3 -- 7 3 133.3
Montérégie 78 83 50 -6.0 56.0 290 231 25.5

Bankruptcies

59 63 44 -6.3 34.1 229 202 13.4

Proposals

19 20 6 -5.0 216.7 61 29 110.3
Montréal 151 114 129 32.5 17.1 502 481 4.4

Bankruptcies

132 96 100 37.5 32.0 423 364 16.2

Proposals

19 18 29 5.6 -34.5 79 117 -32.5
Laval 33 31 26 6.5 26.9 106 87 21.8

Bankruptcies

28 26 23 7.7 21.7 85 70 21.4

Proposals

5 5 3 0.0 66.7 21 17 23.5
Lanaudière 31 15 15 106.7 106.7 89 65 36.9

Bankruptcies

27 14 12 92.9 125.0 76 58 31.0

Proposals

4 1 3 300.0 33.3 13 7 85.7
Laurentides 40 53 28 -24.5 42.9 150 100 50.0

Bankruptcies

36 38 26 -5.3 38.5 126 91 38.5

Proposals

4 15 2 -73.3 100.0 24 9 166.7
Outaouais 18 14 9 28.6 100.0 57 51 11.8

Bankruptcies

16 9 8 77.8 100.0 47 41 14.6

Proposals

2 5 1 -60.0 100.0 10 10 0.0
Abitibi - Témiscamingue 3 5 8 -40.0 -62.5 18 28 -35.7

Bankruptcies

3 5 8 -40.0 -62.5 18 26 -30.8

Proposals

0 0 0 -- -- 0 2 -100.0
Mauricie 19 16 10 18.8 90.0 58 47 23.4

Bankruptcies

15 13 8 15.4 87.5 44 41 7.3

Proposals

4 3 2 33.3 100.0 14 6 133.3
Saguenay - Lac-Saint-Jean 12 23 7 -47.8 71.4 52 38 36.8

Bankruptcies

12 20 7 -40.0 71.4 46 31 48.4

Proposals

0 3 0 -100.0 -- 6 7 -14.3
Côte-Nord 1 4 2 -75.0 -50.0 7 6 16.7

Bankruptcies

1 3 2 -66.7 -50.0 6 5 20.0

Proposals

0 1 0 -100.0 -- 1 1 0.0
Nord-du-Québec  2 0 0 -- -- 5 1 400.0

Bankruptcies

0 0 0 -- -- 2 1 100.0

Proposals

2 0 0 -- -- 3 0 --
Unknown 11 20 13 -45.0 -15.4 55 31 77.4

Bankruptcies

8 18 11 -55.6 -27.3 44 24 83.3

Proposals

3 2 2 50.0 50.0 11 7 57.1
Ontario 199 216 138 -7.9 44.2 759 629 20.7

Bankruptcies

143 147 103 -2.7 38.8 540 455 18.7

Proposals

56 69 35 -18.8 60.0 219 174 25.9
Ottawa 28 15 13 86.7 115.4 83 54 53.7

Bankruptcies

20 11 12 81.8 66.7 58 44 31.8

Proposals

8 4 1 100.0 700.0 25 10 150.0
Kingston - Pembroke 1 3 1 -66.7 0.0 10 8 25.0

Bankruptcies

1 2 1 -50.0 0.0 5 6 -16.7

Proposals

0 1 0 -100.0 -- 5 2 150.0
Muskoka - Kawarthas 2 4 1 -50.0 100.0 8 7 14.3

Bankruptcies

0 3 1 -100.0 -100.0 5 7 -28.6

Proposals

2 1 0 100.0 -- 3 0 --
Toronto 106 135 84 -21.5 26.2 433 375 15.5

Bankruptcies

75 89 61 -15.7 23.0 310 273 13.6

Proposals

31 46 23 -32.6 34.8 123 102 20.6
Kitchener - Waterloo - Barrie 9 11 9 -18.2 0.0 32 40 -20.0

Bankruptcies

4 10 7 -60.0 -42.9 23 26 -11.5

Proposals

5 1 2 400.0 150.0 9 14 -35.7
Hamilton - Niagara Peninsula 23 17 9 35.3 155.6 74 43 72.1

Bankruptcies

21 9 5 133.3 320.0 53 25 112.0

Proposals

2 8 4 -75.0 -50.0 21 18 16.7
London 8 7 2 14.3 300.0 32 19 68.4

Bankruptcies

6 4 1 50.0 500.0 20 9 122.2

Proposals

2 3 1 -33.3 100.0 12 10 20.0
Windsor - Sarnia 7 4 5 75.0 40.0 26 20 30.0

Bankruptcies

7 4 4 75.0 75.0 24 18 33.3

Proposals

0 0 1 -- -100.0 2 2 0.0
Stratford - Bruce Peninsula 3 3 1 0.0 200.0 12 8 50.0

Bankruptcies

2 3 1 -33.3 100.0 10 7 42.9

Proposals

1 0 0 -- -- 2 1 100.0
Northwest 6 5 5 20.0 20.0 14 20 -30.0

Bankruptcies

4 3 4 33.3 0.0 9 13 -30.8

Proposals

2 2 1 0.0 100.0 5 7 -28.6
Northeast 1 2 1 -50.0 0.0 4 2 100.0

Bankruptcies

0 1 1 -100.0 -100.0 2 2 0.0

Proposals

1 1 0 0.0 -- 2 0 --
Unknown 5 10 7 -50.0 -28.6 31 33 -6.1

Bankruptcies

3 8 5 -62.5 -40.0 21 25 -16.0

Proposals

2 2 2 0.0 0.0 10 8 25.0
Manitoba 7 9 7 -22.2 0.0 32 28 14.3

Bankruptcies

5 5 6 0.0 -16.7 23 24 -4.2

Proposals

2 4 1 -50.0 100.0 9 4 125.0
Southeast 1 1 0 0.0 -- 3 0 --

Bankruptcies

1 1 0 0.0 -- 2 0 --

Proposals

0 0 0 -- -- 1 0 --
South Central 1 0 0 -- -- 2 0 --

Bankruptcies

1 0 0 -- -- 2 0 --

Proposals

0 0 0 -- -- 0 0 --
Southwest 0 0 1 -- -100.0 3 6 -50.0

Bankruptcies

0 0 1 -- -100.0 3 6 -50.0

Proposals

0 0 0 -- -- 0 0 --
North Central 2 1 0 100.0 -- 3 2 50.0

Bankruptcies

2 1 0 100.0 -- 3 2 50.0

Proposals

0 0 0 -- -- 0 0 --
Winnipeg 2 3 4 -33.3 -50.0 12 16 -25.0

Bankruptcies

1 2 3 -50.0 -66.7 8 12 -33.3

Proposals

1 1 1 0.0 0.0 4 4 0.0
Interlake 1 0 2 -- -50.0 2 2 0.0

Bankruptcies

0 0 2 -- -100.0 1 2 -50.0

Proposals

1 0 0 -- -- 1 0 --
Parklands 0 0 0 -- -- 3 1 200.0

Bankruptcies

0 0 0 -- -- 3 1 200.0

Proposals

0 0 0 -- -- 0 0 --
North 0 1 0 -100.0 -- 1 0 --

Bankruptcies

0 1 0 -100.0 -- 1 0 --

Proposals

0 0 0 -- -- 0 0 --
Unknown 0 3 0 -100.0 -- 3 1 200.0

Bankruptcies

0 0 0 -- -- 0 1 -100.0

Proposals

0 3 0 -100.0 -- 3 0 --
Saskatchewan 13 14 12 -7.1 8.3 45 45 0.0

Bankruptcies

7 11 7 -36.4 0.0 30 36 -16.7

Proposals

6 3 5 100.0 20.0 15 9 66.7
Regina - Moose Mountain 2 2 3 0.0 -33.3 9 10 -10.0

Bankruptcies

1 2 2 -50.0 -50.0 7 9 -22.2

Proposals

1 0 1 -- 0.0 2 1 100.0
Swift Current - Moose Jaw 2 2 1 0.0 100.0 6 5 20.0

Bankruptcies

1 2 1 -50.0 0.0 5 5 0.0

Proposals

1 0 0 -- -- 1 0 --
Saskatoon - Biggar 4 6 3 -33.3 33.3 15 16 -6.3

Bankruptcies

1 5 2 -80.0 -50.0 9 14 -35.7

Proposals

3 1 1 200.0 200.0 6 2 200.0
Yorkton - Melville 1 3 2 -66.7 -50.0 4 4 0.0

Bankruptcies

1 2 0 -50.0 -- 3 2 50.0

Proposals

0 1 2 -100.0 -100.0 1 2 -50.0
Prince Albert 3 0 3 -- 0.0 9 10 -10.0

Bankruptcies

3 0 2 -- 50.0 6 6 0.0

Proposals

0 0 1 -- -100.0 3 4 -25.0
Northern 1 0 0 -- -- 1 0 --

Bankruptcies

0 0 0 -- -- 0 0 --

Proposals

1 0 0 -- -- 1 0 --
Unknown 0 1 0 -100.0 -- 1 0 --

Bankruptcies

0 0 0 -- -- 0 0 --

Proposals

0 1 0 -100.0 -- 1 0 --
Alberta 51 47 46 8.5 10.9 159 152 4.6

Bankruptcies

28 34 28 -17.6 0.0 102 106 -3.8

Proposals

23 13 18 76.9 27.8 57 46 23.9
Lethbridge - Medicine Hat 2 1 1 100.0 100.0 6 3 100.0

Bankruptcies

2 1 1 100.0 100.0 6 3 100.0

Proposals

0 0 0 -- -- 0 0 --
Camrose - Drumheller 5 0 0 -- -- 6 3 100.0

Bankruptcies

2 0 0 -- -- 3 1 200.0

Proposals

3 0 0 -- -- 3 2 50.0
Calgary 20 18 20 11.1 0.0 53 62 -14.5

Bankruptcies

9 13 16 -30.8 -43.8 34 46 -26.1

Proposals

11 5 4 120.0 175.0 19 16 18.8
Banff - Jasper - Rocky Mountain House 0 2 0 -100.0 -- 4 6 -33.3

Bankruptcies

0 2 0 -100.0 -- 3 3 0.0

Proposals

0 0 0 -- -- 1 3 -66.7
Red Deer 1 0 0 -- -- 2 4 -50.0

Bankruptcies

1 0 0 -- -- 2 3 -33.3

Proposals

0 0 0 -- -- 0 1 -100.0
Edmonton 14 19 17 -26.3 -17.6 62 47 31.9

Bankruptcies

9 15 7 -40.0 28.6 38 29 31.0

Proposals

5 4 10 25.0 -50.0 24 18 33.3
Athabasca - Grande Prairie - Peace River 2 2 4 0.0 -50.0 8 12 -33.3

Bankruptcies

1 2 0 -50.0 -- 6 7 -14.3

Proposals

1 0 4 -- -75.0 2 5 -60.0
Wood Buffalo - Cold Lake 4 3 1 33.3 300.0 9 6 50.0

Bankruptcies

4 1 1 300.0 300.0 7 6 16.7

Proposals

0 2 0 -100.0 -- 2 0 --
Unknown 3 2 3 50.0 0.0 9 9 0.0

Bankruptcies

0 0 3 -- -100.0 3 8 -62.5

Proposals

3 2 0 50.0 -- 6 1 500.0
British Columbia 31 38 18 -18.4 72.2 103 92 12.0

Bankruptcies

22 29 9 -24.1 144.4 77 66 16.7

Proposals

9 9 9 0.0 0.0 26 26 0.0
Vancouver Island and Coast 2 5 4 -60.0 -50.0 8 12 -33.3

Bankruptcies

1 4 2 -75.0 -50.0 6 10 -40.0

Proposals

1 1 2 0.0 -50.0 2 2 0.0
Lower Mainland - Southwest 24 27 7 -11.1 242.9 72 61 18.0

Bankruptcies

16 19 3 -15.8 433.3 53 44 20.5

Proposals

8 8 4 0.0 100.0 19 17 11.8
Thompson - Okanagan 4 0 4 -- 0.0 9 8 12.5

Bankruptcies

4 0 2 -- 100.0 7 4 75.0

Proposals

0 0 2 -- -100.0 2 4 -50.0
Kootenay 0 0 0 -- -- 0 1 -100.0

Bankruptcies

0 0 0 -- -- 0 1 -100.0

Proposals

0 0 0 -- -- 0 0 --
Cariboo 0 2 0 -100.0 -- 3 1 200.0

Bankruptcies

0 2 0 -100.0 -- 3 0 --

Proposals

0 0 0 -- -- 0 1 -100.0
North Coast 0 3 0 -100.0 -- 3 1 200.0

Bankruptcies

0 3 0 -100.0 -- 3 0 --

Proposals

0 0 0 -- -- 0 1 -100.0
Nechako 0 1 1 -100.0 -100.0 1 3 -66.7

Bankruptcies

0 1 0 -100.0 -- 1 2 -50.0

Proposals

0 0 1 -- -100.0 0 1 -100.0
Northeast 0 0 0 -- -- 2 0 --

Bankruptcies

0 0 0 -- -- 1 0 --

Proposals

0 0 0 -- -- 1 0 --
Unknown 1 0 2 -- -50.0 5 5 0.0

Bankruptcies

1 0 2 -- -50.0 3 5 -40.0

Proposals

0 0 0 -- -- 2 0 --
Northwest Territories 0 0 0 -- -- 0 0 --

Bankruptcies

0 0 0 -- -- 0 0 --

Proposals

0 0 0 -- -- 0 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 --
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 --
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 --