Insolvency Statistics in Canada. Second Quarter of 2012

Transcription

1 Insolvency Statistics in Canada Second Quarter of 2012

2 Insolvency Statistics in Canada Second Quarter 2012 List of Tables Table 1: Total Insolvencies...1 Table 2: Insolvencies Filed by Consumers...2 Table 3: Insolvencies Filed by Businesses...3 Table 4: Insolvencies by NAICS Economic Sectors, Canada...4 Table 5: Insolvencies Filed by Consumers by Economic Region (ER)...6 Table 6: Insolvencies Filed by Businesses by ER...13 Table 7: Insolvencies Filed by Consumers by Census Metropolitan Area (CMA)...20 Table 8: Insolvencies Filed by Businesses by CMA...23 i

3 Glossary Consumer: An individual with more than 50 percent of total liabilities related to consumer goods and services. Business: Any commercial entity or organization other than an individual, or an individual who has incurred 50 percent or more of total liabilities as a result of operating a business. 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. 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. NAICS: North American Industry Classification System. Census Metropolitan AREA (CMA): Each area consists of one or more adjacent municipalities situated around a major urban core. To form a census metropolitan area, the urban core must have a population of at least 100,000. For Statistics Canada s geographical definitions of the CMAs, go to: Economic Region (ER): Standard geographic units created for analysis of regional economic activity. For Statistics Canada s geographical definitions of ERs, go to: ii

4 Table 1: Total Insolvencies Q to to Newfoundland and Labrador ,922 2, Bankruptcies ,779 2, Proposals Prince Edward Island Bankruptcies Proposals Nova Scotia 1,203 1,110 1, ,516 5, Bankruptcies ,487 4, Proposals , New Brunsw ick 1,033 1, ,846 3, Bankruptcies ,998 3, Proposals Quebec 9,692 9,847 9, ,728 39, Bankruptcies 6,721 6,716 7, ,450 28, Proposals 2,971 3,131 2, ,278 10, Ontario 13,070 12,356 13, ,603 55, Bankruptcies 6,522 5,959 7, ,539 30, Proposals 6,548 6,397 6, ,064 25, Manitoba ,058 2, Bankruptcies ,403 1, Proposals Saskatchewan ,033 2, Bankruptcies ,221 1, Proposals Alberta 2,485 2,565 2, ,988 10, Bankruptcies 1,592 1,682 1, ,634 7, Proposals ,354 2, British Columbia 3,214 3,103 3, ,162 12, Bankruptcies 2,115 1,993 2, ,982 9, Proposals 1,099 1, ,180 3, Northwest Territories Bankruptcies Proposals Yukon Bankruptcies Proposals Nunavut Bankruptcies Proposals Canada 32,383 31,605 33, , , Bankruptcies 19,910 19,118 21, ,015 89, Proposals 12,473 12,487 11, ,527 45,

5 Table 2: Insolvencies Filed by Consumers Q to to Newfoundland and Labrador ,905 2, Bankruptcies ,764 2, Proposals Prince Edward Island Bankruptcies Proposals Nova Scotia 1,179 1,084 1, ,427 4, Bankruptcies ,412 3, Proposals , New Brunsw ick 1, ,783 3, Bankruptcies ,949 2, Proposals Quebec 9,161 9,326 9, ,671 36, Bankruptcies 6,328 6,343 6, ,948 27, Proposals 2,833 2,983 2, ,723 9, Ontario 12,731 11,969 13, ,117 53, Bankruptcies 6,275 5,659 6, ,396 28, Proposals 6,456 6,310 6, ,721 24, Manitoba ,990 2, Bankruptcies ,350 1, Proposals Saskatchewan ,887 2, Bankruptcies ,118 1, Proposals Alberta 2,394 2,477 2, ,641 10, Bankruptcies 1,522 1,618 1, ,369 7, Proposals ,272 2, British Columbia 3,160 3,024 2, ,909 12, Bankruptcies 2,070 1,937 2, ,786 8, Proposals 1,090 1, ,123 3, Northwest Territories Bankruptcies Proposals Yukon Bankruptcies Proposals Nunavut Bankruptcies Proposals Canada 31,275 30,413 32, , , Bankruptcies 19,087 18,235 20, ,593 85, Proposals 12,188 12,178 11, ,397 44,

6 Table 3: Insolvencies Filed by Businesses Q to to Newfoundland and Labrador Bankruptcies Proposals Prince Edward Island Bankruptcies Proposals Nova Scotia Bankruptcies Proposals New Brunswick Bankruptcies Proposals Quebec ,057 2, Bankruptcies ,502 1, Proposals Ontario ,486 1, Bankruptcies ,143 1, Proposals Manitoba Bankruptcies Proposals Saskatchewan Bankruptcies Proposals Alberta Bankruptcies Proposals British Columbia Bankruptcies Proposals Northwest Territories Bankruptcies Proposals Yukon Bankruptcies Proposals Nunavut Bankruptcies Proposals Canada 1,108 1,192 1, ,552 4, Bankruptcies ,422 3, Proposals ,130 1,

7 Table 4: Insolvencies by NAICS Economic Sectors, Canada Agriculture, Forestry, Fishing and Hunting Q to to Bankruptcies Proposals Mining and Oil and Gas Extraction Bankruptcies Proposals Utilities Bankruptcies Proposals Construction Bankruptcies Proposals Manufacturing Bankruptcies Proposals Wholesale Trade Bankruptcies Proposals Retail Trade Bankruptcies Proposals Transportation and Warehousing Bankruptcies Proposals Information and Cultural Industries Bankruptcies Proposals Finance and Insurance Bankruptcies Proposals Real Estate and Rental and Leasing Bankruptcies Proposals

8 Table 4: Insolvencies by NAICS Economic Sectors, Canada (cont'd) Professional, Scientific and Technical Services Q to to Bankruptcies Proposals Management of Companies and Enterprises Bankruptcies Proposals Administrative and Support, Waste Management and Remediation Services Bankruptcies Proposals Educational Services Bankruptcies Proposals Health Care and Social Assistance Bankruptcies Proposals Arts, Entertainment and Recreation Bankruptcies Proposals Accommodation and Food Services Bankruptcies Proposals Other Services (except Public Administration) Bankruptcies Proposals Public Administration Bankruptcies Proposals Total 1,108 1,192 1, ,552 4, Bankruptcies ,422 3, Proposals ,130 1,

9 Table 5: Insolvencies Filed by Consumers by ER Q to to Newfoundland and Labrador ,905 2, Bankruptcies ,764 2, Proposals Avalon Peninsula Bankruptcies Proposals South Coast - Burin Peninsula Bankruptcies Proposals W est Coast - Northern Peninsula - Labrador Bankruptcies Proposals Notre Dame - Central Bonavista Bay Bankruptcies Proposals Prince Edward Island Bankruptcies Proposals Nova Scotia 1,179 1,084 1, ,427 4, Bankruptcies ,412 3, Proposals , Cape Breton Bankruptcies Proposals North Shore Bankruptcies Proposals Annapolis Valley Bankruptcies Proposals Southern Bankruptcies Proposals Halifax ,735 1, Bankruptcies ,348 1, Proposals

10 Table 5: Insolvencies Filed by Consumers by ER (cont'd) Q to to New Brunswick 1, ,783 3, Bankruptcies ,949 2, Proposals Campbellton - Miramichi Bankruptcies Proposals Moncton - Richibucto ,061 1, Bankruptcies Proposals Saint John - St.Stephen Bankruptcies Proposals Fredericton - Oromocto Bankruptcies Proposals Edmundston - Woodstock Bankruptcies Proposals Quebec 9,161 9,326 9, ,671 36, Bankruptcies 6,328 6,343 6, ,948 27, Proposals 2,833 2,983 2, ,723 9, Gaspésie - Îles-de-la-Madeleine Bankruptcies Proposals Bas-Saint-Laurent Bankruptcies Proposals Capitale-Nationale ,256 2, Bankruptcies ,746 1, Proposals Chaudière - Appalaches ,186 1, Bankruptcies Proposals Estrie ,224 1, Bankruptcies , Proposals Centre-du-Québec Bankruptcies Proposals

11 Table 5: Insolvencies Filed by Consumers by ER (cont'd) Q to to Montérégie 1,813 1,749 1, ,834 6, Bankruptcies 1,225 1,170 1, ,705 4, Proposals ,129 1, Montréal 2,238 2,235 2, ,761 9, Bankruptcies 1,596 1,601 1, ,311 7, Proposals ,450 2, Laval ,968 2, Bankruptcies ,323 1, Proposals Lanaudière ,779 2, Bankruptcies ,706 1, Proposals , Laurentides ,691 3, Bankruptcies ,377 2, Proposals ,314 1, Outaouais ,174 2, Bankruptcies ,443 1, Proposals Abitibi - Témiscamingue Bankruptcies Proposals Mauricie ,127 1, Bankruptcies Proposals Saguenay - Lac-Saint-Jean , Bankruptcies Proposals Côte-Nord Bankruptcies Proposals Nord-du-Québec Bankruptcies Proposals Ontario 12,731 11,969 13, ,117 53, Bankruptcies 6,275 5,659 6, ,396 28, Proposals 6,456 6,310 6, ,721 24, Ottawa 1, , ,911 4, Bankruptcies ,425 2, Proposals ,486 1,

12 Table 5: Insolvencies Filed by Consumers by ER (cont'd) Q to to Kingston - Pembroke ,802 1, Bankruptcies ,186 1, Proposals Muskoka - Kawarthas ,504 1, Bankruptcies Proposals Toronto 5,350 5,151 5, ,989 23, Bankruptcies 2,127 1,947 2, ,366 10, Proposals 3,223 3,204 3, ,623 12, Kitchener - Waterloo - Barrie 1,307 1,216 1, ,929 5, Bankruptcies ,482 2, Proposals ,447 2, Hamilton - Niagara Peninsula 1,661 1,505 1, ,079 6, Bankruptcies ,012 3, Proposals ,067 3, London ,304 3, Bankruptcies ,906 2, Proposals ,398 1, W indsor - Sarnia ,748 3, Bankruptcies ,749 2, Proposals , Stratford - Bruce Peninsula Bankruptcies Proposals Northeast ,346 2, Bankruptcies ,447 1, Proposals Northwest Bankruptcies Proposals Manitoba ,990 2, Bankruptcies ,350 1, Proposals Southeast Bankruptcies Proposals South Central Bankruptcies Proposals

13 Table 5: Insolvencies Filed by Consumers by ER (cont'd) Q to to Southwest Bankruptcies Proposals North Central Bankruptcies Proposals W innipeg ,275 1, Bankruptcies , Proposals Interlake Bankruptcies Proposals Parklands Bankruptcies Proposals North Bankruptcies Proposals Saskatchewan ,887 2, Bankruptcies ,118 1, Proposals Regina - Moose Mountain Bankruptcies Proposals Swift Current - Moose Jaw Bankruptcies Proposals Saskatoon - Biggar Bankruptcies Proposals Yorkton - Melville Bankruptcies Proposals Prince Albert Bankruptcies Proposals Northern Bankruptcies , Proposals

14 Table 5: Insolvencies Filed by Consumers by ER (cont'd) Q to to Alberta 2,394 2,477 2, ,641 10, Bankruptcies 1,522 1,618 1, ,369 7, Proposals ,272 2, Lethbridge - Medicine Hat Bankruptcies Proposals Camrose - Drumheller Bankruptcies Proposals Calgary ,811 3, Bankruptcies ,610 2, Proposals , Banff - Jasper - Rocky Mountain House Bankruptcies Proposals Red Deer Bankruptcies Proposals Edmonton ,085 3, Bankruptcies ,879 2, Proposals ,206 1, Athabasca - Grande Prairie - Peace River Bankruptcies Proposals Wood Buffalo - Cold Lake Bankruptcies Proposals British Columbia 3,160 3,024 2, ,909 12, Bankruptcies 2,070 1,937 2, ,786 8, Proposals 1,090 1, ,123 3, Vancouver Island and Coast ,415 2, Bankruptcies ,663 1, Proposals Lower Mainland - Southwest 1,667 1,704 1, ,573 6, Bankruptcies 1,065 1,055 1, ,187 4, Proposals ,386 1,

15 Table 5: Insolvencies Filed by Consumers by ER (cont'd) Q to to Thompson - Okanagan ,769 1, Bankruptcies ,124 1, Proposals Kootenay Bankruptcies Proposals Cariboo Bankruptcies Proposals North Coast Bankruptcies Proposals Nechako Bankruptcies Proposals Northeast Bankruptcies Proposals Northwest Territories Bankruptcies Proposals Yukon Territory Bankruptcies Proposals Nunavut Bankruptcies Proposals

16 Table 6: Insolvencies Filed by Businesses by ER Q to to Newfoundland and Labrador Bankruptcies Proposals Avalon Peninsula Bankruptcies Proposals South Coast - Burin Peninsula Bankruptcies Proposals West Coast - Northern Peninsula - Labrador Bankruptcies Proposals Notre Dame - Central Bonavista Bay Bankruptcies Proposals Prince Edward Island Bankruptcies Proposals Nova Scotia Bankruptcies Proposals Cape Breton Bankruptcies Proposals North Shore Bankruptcies Proposals Annapolis Valley Bankruptcies Proposals Southern Bankruptcies Proposals Halifax Bankruptcies Proposals

17 Table 6: Insolvencies Filed by Businesses by ER (cont'd) Q to to New Brunsw ick Bankruptcies Proposals Campbellton - Miramichi Bankruptcies Proposals Moncton - Richibucto Bankruptcies Proposals Saint John - St.Stephen Bankruptcies Proposals Fredericton - Oromocto Bankruptcies Proposals Edmundston - Woodstock Bankruptcies Proposals Quebec ,057 2, Bankruptcies ,502 1, Proposals Gaspésie - Îles-de-la-Madeleine Bankruptcies Proposals Bas-Saint-Laurent Bankruptcies Proposals Capitale-Nationale Bankruptcies Proposals Chaudière - Appalaches Bankruptcies Proposals Estrie Bankruptcies Proposals Centre-du-Québec Bankruptcies Proposals

18 Table 6: Insolvencies Filed by Businesses by ER (cont'd) Q to to Montérégie Bankruptcies Proposals Montréal Bankruptcies Proposals Laval Bankruptcies Proposals Lanaudière Bankruptcies Proposals Laurentides Bankruptcies Proposals Outaouais Bankruptcies Proposals Abitibi - Témiscamingue Bankruptcies Proposals Mauricie Bankruptcies Proposals Saguenay - Lac-Saint-Jean Bankruptcies Proposals Côte-Nord Bankruptcies Proposals Nord-du-Québec Bankruptcies Proposals Ontario ,486 1, Bankruptcies ,143 1, Proposals Ottawa Bankruptcies Proposals

19 Table 6: Insolvencies Filed by Businesses by ER (cont'd) Q to to Kingston - Pembroke Bankruptcies Proposals Muskoka - Kawarthas Bankruptcies Proposals Toronto Bankruptcies Proposals Kitchener - Waterloo - Barrie Bankruptcies Proposals Hamilton - Niagara Peninsula Bankruptcies Proposals London Bankruptcies Proposals Windsor - Sarnia Bankruptcies Proposals Stratford - Bruce Peninsula Bankruptcies Proposals Northeast Bankruptcies Proposals Northwest Bankruptcies Proposals Manitoba Bankruptcies Proposals Southeast Bankruptcies Proposals South Central Bankruptcies Proposals

20 Table 6: Insolvencies Filed by Businesses by ER (cont'd) Q to to Southwest Bankruptcies Proposals North Central Bankruptcies Proposals W innipeg Bankruptcies Proposals Interlake Bankruptcies Proposals Parklands Bankruptcies Proposals North Bankruptcies Proposals Saskatchewan Bankruptcies Proposals Regina - Moose Mountain Bankruptcies Proposals Swift Current - Moose Jaw Bankruptcies Proposals Saskatoon - Biggar Bankruptcies Proposals Yorkton - Melville Bankruptcies Proposals Prince Albert Bankruptcies Proposals Northern Bankruptcies Proposals

21 Table 6: Insolvencies Filed by Businesses by ER (cont'd) Q to to Alberta Bankruptcies Proposals Lethbridge - Medicine Hat Bankruptcies Proposals Camrose - Drumheller Bankruptcies Proposals Calgary Bankruptcies Proposals Banff - Jasper - Rocky Mountain House Bankruptcies Proposals Red Deer Bankruptcies Proposals Edmonton Bankruptcies Proposals Athabasca - Grande Prairie - Peace River Bankruptcies Proposals W ood Buffalo - Cold Lake Bankruptcies Proposals British Columbia Bankruptcies Proposals Vancouver Island and Coast Bankruptcies Proposals Lower Mainland - Southwest Bankruptcies Proposals

22 Table 6: Insolvencies Filed by Businesses by ER (cont'd) Q to to Thompson - Okanagan Bankruptcies Proposals Kootenay Bankruptcies Proposals Cariboo Bankruptcies Proposals North Coast Bankruptcies Proposals Nechako Bankruptcies Proposals Northeast Bankruptcies Proposals Northwest Territories Bankruptcies Proposals Yukon Territory Bankruptcies Proposals Nunavut Bankruptcies Proposals

23 Table 7: Insolvencies Filed by Consumers by CMA Province Q to to St. John's N.L Bankruptcies Proposals Halifax N.S ,645 1, Bankruptcies ,281 1, Proposals Moncton N.B Bankruptcies Proposals Saint John N.B Bankruptcies Proposals Saguenay Que Bankruptcies Proposals Québec Que ,321 2, Bankruptcies ,752 1, Proposals Sherbrooke Que Bankruptcies Proposals Trois-Rivières Que Bankruptcies Proposals Montréal Que. 4,740 4,724 4, ,249 19, Bankruptcies 3,194 3,151 3, ,480 13, Proposals 1,546 1,573 1, ,769 5, Ottawa - Gatineau Ont./ 1,101 1,062 1, ,177 4, Bankruptcies Que ,621 2, Proposals ,556 1, Kingston Ont Bankruptcies Proposals Peterborough Ont Bankruptcies Proposals Oshawa Ont ,675 1, Bankruptcies Proposals ,

24 Table 7: Insolvencies Filed by Consumers by CMA (cont'd) Province Q to to Toronto Ont. 4,861 4,656 5, ,000 21, Bankruptcies 1,938 1,771 2, ,599 9, Proposals 2,923 2,885 3, ,401 11, Hamilton Ont ,063 3, Bankruptcies ,419 1, Proposals ,644 1, St. Catharines - Niagara Ont ,828 2, Bankruptcies , Proposals Kitchener Ont ,697 1, Bankruptcies , Proposals Brantford Ont Bankruptcies Proposals Guelph Ont Bankruptcies Proposals London Ont ,467 2, Bankruptcies ,392 1, Proposals ,075 1, Windsor Ont ,392 1, Bankruptcies , Proposals Barrie Ont ,053 1, Bankruptcies Proposals Greater Sudbury Ont Bankruptcies Proposals Thunder Bay Ont Bankruptcies Proposals Winnipeg Man ,276 1, Bankruptcies , Proposals Regina Sask Bankruptcies Proposals

25 Table 7: Insolvencies Filed by Consumers by CMA (cont'd) Province Q to to Saskatoon Sask Bankruptcies Proposals Calgary Alta ,414 3, Bankruptcies ,330 2, Proposals , Edmonton Alta ,906 3, Bankruptcies ,771 2, Proposals ,135 1, Kelowna B.C Bankruptcies Proposals Abbotsford B.C Bankruptcies Proposals Vancouver B.C. 1,344 1,357 1, ,256 5, Bankruptcies ,316 3, Proposals ,940 1, Victoria B.C ,043 1, Bankruptcies Proposals

26 Table 8: Insolvencies Filed by Businesses by CMA Province Q to to St. John's N.L Bankruptcies Proposals Halifax N.S Bankruptcies Proposals Moncton N.B Bankruptcies Proposals Saint John N.B Bankruptcies Proposals Saguenay Que Bankruptcies Proposals Québec Que Bankruptcies Proposals Sherbrooke Que Bankruptcies Proposals Trois-Rivières Que Bankruptcies Proposals Montréal Que ,190 1, Bankruptcies Proposals Ottawa - Gatineau Ont./ Bankruptcies Que Proposals Kingston Ont Bankruptcies Proposals Peterborough Ont Bankruptcies Proposals Oshawa Ont Bankruptcies Proposals

27 Table 8: Insolvencies Filed by Businesses by CMA (cont'd) Province Q to to Toronto Ont Bankruptcies Proposals Hamilton Ont Bankruptcies Proposals St. Catharines - Niagara Ont Bankruptcies Proposals Kitchener Ont Bankruptcies Proposals Brantford Ont Bankruptcies Proposals Guelph Ont Bankruptcies Proposals London Ont Bankruptcies Proposals Windsor Ont Bankruptcies Proposals Barrie Ont Bankruptcies Proposals Greater Sudbury Ont Bankruptcies Proposals Thunder Bay Ont Bankruptcies Proposals Winnipeg Man Bankruptcies Proposals Regina Sask Bankruptcies Proposals

28 Table 8: Insolvencies Filed by Businesses by CMA (cont'd) Province Q to to Saskatoon Sask Bankruptcies Proposals Calgary Alta Bankruptcies Proposals Edmonton Alta Bankruptcies Proposals Kelowna B.C Bankruptcies Proposals Abbotsford B.C Bankruptcies Proposals Vancouver B.C Bankruptcies Proposals Victoria B.C Bankruptcies Proposals