Insolvency Statistics in Canada—2011 (Table 3)

Table 3: Insolvencies Filed by Businesses

empty cell	Volume			2011
	2011	2010	% Change	Assets Declared at the Time of Filing ($)	Liabilities Declared at the Time of Filing ($)
Newfoundland and Labrador	26	23	13.0	749,539	10,286,152
Bankruptcies	24	21	14.3	732,225	5,131,239
Proposals	2	2	0.0	17,314	5,154,913
Prince Edward Island	17	22	-22.7	804,893	7,763,945
Bankruptcies	15	16	-6.3	633,263	7,468,742
Proposals	2	6	-66.7	171,630	295,203
Nova Scotia	113	167	-32.3	18,373,286	65,025,071
Bankruptcies	95	138	-31.2	17,497,479	60,302,007
Proposals	18	29	-37.9	875,807	4,723,064
New Brunswick	60	83	-27.7	6,573,101	26,636,165
Bankruptcies	43	70	-38.6	6,123,209	23,913,698
Proposals	17	13	30.8	449,892	2,722,467
Quebec	2,127	2,099	1.3	212,282,454	1,882,858,441
Bankruptcies	1,569	1,520	3.2	148,643,331	998,098,788
Proposals	558	579	-3.6	63,639,123	884,759,653
Ontario	1,614	1,860	-13.2	337,064,057	2,942,377,520
Bankruptcies	1,276	1,533	-16.8	286,772,738	2,548,821,115
Proposals	338	327	3.4	50,291,319	393,556,405
Manitoba	74	78	-5.1	13,282,881	75,943,745
Bankruptcies	60	68	-11.8	9,945,549	72,695,405
Proposals	14	10	40.0	3,337,332	3,248,340
Saskatchewan	157	144	9.0	20,316,831	40,509,750
Bankruptcies	104	99	5.1	10,425,583	28,861,329
Proposals	53	45	17.8	9,891,248	11,648,421
Alberta	341	464	-26.5	91,063,596	447,031,840
Bankruptcies	264	378	-30.2	69,894,958	377,847,344
Proposals	77	86	-10.5	21,168,638	69,184,496
British Columbia	243	283	-14.1	164,377,935	665,499,285
Bankruptcies	192	229	-16.2	157,715,166	654,491,848
Proposals	51	54	-5.6	6,662,769	11,007,437
Northwest Territories	2	1	100.0	2	4,075,239
Bankruptcies	0	0	—	0	0
Proposals	2	1	100.0	2	4,075,239
Yukon	1	2	-50.0	500	133,000
Bankruptcies	1	0	—	500	133,000
Proposals	0	2	-100.0	0	0
Nunavut	0	0	—	0	0
Bankruptcies	0	0	—	0	0
Proposals	0	0	—	0	0
Canada	4,775	5,226	-8.6	864,889,075	6,168,140,153
Bankruptcies	3,643	4,072	-10.5	708,384,001	4,777,764,515
Proposals	1,132	1,154	-1.9	156,505,074	1,390,375,638