Insolvency Statistics in Canada—2011 (Table 2)

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Table 2: Insolvencies Filed by Consumers
Province Volume 2011
2011 2010 % Change Assets Declared at the Time of Filing ($) Liabilities Declared at the Time of Filing ($)
Newfoundland and Labrador 2,081 2,521 -17.5 86,165,386 150,195,374
Bankruptcies 1,957 2,378 -17.7 71,196,678 133,997,597
Proposals 124 143 -13.3 14,968,708 16,197,777
Prince Edward Island 620 576 7.6 39,799,857 66,275,767
Bankruptcies 520 512 1.6 27,713,528 51,687,393
Proposals 100 64 56.3 12,086,329 14,588,374
Nova Scotia 4,556 5,130 -11.2 337,936,739 443,721,063
Bankruptcies 3,587 4,180 -14.2 224,321,648 335,478,697
Proposals 969 950 2.0 113,615,091 108,242,366
New Brunswick 3,500 3,713 -5.7 253,700,056 388,323,587
Bankruptcies 2,848 3,109 -8.4 176,779,832 296,506,856
Proposals 652 604 7.9 76,920,224 91,816,731
Quebec 35,768 37,771 -5.3 1,904,435,862 3,249,790,411
Bankruptcies 25,627 28,100 -8.8 867,993,541 2,074,580,025
Proposals 10,141 9,671 4.9 1,036,442,321 1,175,210,386
Ontario 50,460 56,619 -10.9 4,539,947,878 5,972,300,859
Bankruptcies 25,529 33,000 -22.6 1,437,486,291 2,749,230,777
Proposals 24,931 23,619 5.6 3,102,461,587 3,223,070,082
Manitoba 2,155 2,673 -19.4 148,895,216 220,304,488
Bankruptcies 1,514 1,994 -24.1 76,589,605 146,102,281
Proposals 641 679 -5.6 72,305,611 74,202,207
Saskatchewan 2,055 2,326 -11.7 400,717,043 332,707,473
Bankruptcies 1,272 1,528 -16.8 287,216,878 230,591,424
Proposals 783 798 -1.9 113,500,165 102,116,049
Alberta 10,040 10,870 -7.6 1,482,890,321 2,032,282,605
Bankruptcies 7,029 8,150 -13.8 924,161,789 1,428,818,073
Proposals 3,011 2,720 10.7 558,728,532 603,464,532
British Columbia 11,676 12,723 -8.2 1,170,834,556 1,769,311,296
Bankruptcies 8,040 9,674 -16.9 658,660,780 1,192,166,776
Proposals 3,636 3,049 19.3 512,173,776 577,144,520
Northwest Territories 45 43 4.7 3,434,104 7,130,790
Bankruptcies 33 31 6.5 2,942,693 6,246,676
Proposals 12 12 0.0 491,411 884,114
Yukon 36 39 -7.7 2,791,884 5,017,091
Bankruptcies 31 34 -8.8 1,591,415 3,481,622
Proposals 5 5 0.0 1,200,469 1,535,469
Nunavut 7 4 75.0 1,267,940 2,058,474
Bankruptcies 6 4 50.0 1,039,140 1,804,520
Proposals 1 0 --, 228,800 253,954
Canada 122,999 135,008 -8.9 10,372,816,842 14,639,419,278
Bankruptcies 77,993 92,694 -15.9 4,757,693,818 8,650,692,717
Proposals 45,006 42,314 6.4 5,615,123,024 5,988,726,561