Tables
- Table 1: Total BIA Insolvencies
- Table 2: BIA Insolvencies Filed by Consumers
- Table 3: BIA Insolvencies Filed by Businesses
- Table 3a: BIA Insolvencies Filed by Corporations
- Table 3b: BIA Insolvencies Filed by Individual Businesses
- Table 4: BIA Insolvencies by NAICS Economic Sectors, Canada
Definitions
- 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.
- Bankruptcy and Insolvency Act ( BIA)
- The federal act that provides the framework to file and administer insolvencies in Canada.
- Business
- Any commercial entity or organization other than an individual, or an individual who has incurred 50% or more of total liabilities as a result of operating a business.
- Consumer
- An individual with more than 50% of total liabilities related to consumer goods and services.
- Corporation
- A commercial entity or organization.
- Individual Business
- An individual who has incurred 50% or more of total liabilities as a result of operating a business.
- North American Industry Classification System ( NAICS)
- System that classifies economic units that have similar production processes in the same industry. This is a supply-based or production-oriented economic concept.
- 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.
Note:
Monthly statistics for insolvency volumes tend to vary widely. Quarterly and annual statistics can be more indicative of the evolution of insolvency volume.
| - | Volume | % Change | 12-Month Period Ending | |||||
|---|---|---|---|---|---|---|---|---|
| January 2024 | December 2023 | January 2023 | Dec. 2023 to Jan. 2024 | Jan. 2023 to Jan. 2024 | 01-31-2024 | 01-31-2023 | % Change | |
| Newfoundland and Labrador | 170 | 164 | 139 | 3.7 | 22.3 | 2,312 | 1,959 | 18.0 |
Bankruptcies | 49 | 46 | 50 | 6.5 | -2.0 | 702 | 690 | 1.7 |
Proposals | 121 | 118 | 89 | 2.5 | 36.0 | 1,610 | 1,269 | 26.9 |
| Prince Edward Island | 42 | 30 | 37 | 40.0 | 13.5 | 508 | 450 | 12.9 |
Bankruptcies | 7 | 6 | 12 | 16.7 | -41.7 | 119 | 169 | -29.6 |
Proposals | 35 | 24 | 25 | 45.8 | 40.0 | 389 | 281 | 38.4 |
| Nova Scotia | 356 | 296 | 305 | 20.3 | 16.7 | 4,392 | 3,605 | 21.8 |
Bankruptcies | 88 | 77 | 95 | 14.3 | -7.4 | 1,204 | 1,241 | -3.0 |
Proposals | 268 | 219 | 210 | 22.4 | 27.6 | 3,188 | 2,364 | 34.9 |
| New Brunswick | 258 | 238 | 228 | 8.4 | 13.2 | 3,583 | 3,170 | 13.0 |
Bankruptcies | 64 | 70 | 55 | -8.6 | 16.4 | 905 | 1,024 | -11.6 |
Proposals | 194 | 168 | 173 | 15.5 | 12.1 | 2,678 | 2,146 | 24.8 |
| Quebec | 3,132 | 2,418 | 2,356 | 29.5 | 32.9 | 34,165 | 27,765 | 23.1 |
Bankruptcies | 1,160 | 863 | 804 | 34.4 | 44.3 | 11,751 | 10,408 | 12.9 |
Proposals | 1,972 | 1,555 | 1,552 | 26.8 | 27.1 | 22,414 | 17,357 | 29.1 |
| Ontario | 4,268 | 3,427 | 3,164 | 24.5 | 34.9 | 46,215 | 36,560 | 26.4 |
Bankruptcies | 919 | 763 | 606 | 20.4 | 51.7 | 9,335 | 7,898 | 18.2 |
Proposals | 3,349 | 2,664 | 2,558 | 25.7 | 30.9 | 36,880 | 28,662 | 28.7 |
| Manitoba | 273 | 263 | 258 | 3.8 | 5.8 | 3,681 | 2,908 | 26.6 |
Bankruptcies | 69 | 71 | 71 | -2.8 | -2.8 | 923 | 786 | 17.4 |
Proposals | 204 | 192 | 187 | 6.3 | 9.1 | 2,758 | 2,122 | 30.0 |
| Saskatchewan | 331 | 296 | 292 | 11.8 | 13.4 | 3,792 | 3,251 | 16.6 |
Bankruptcies | 56 | 58 | 36 | -3.4 | 55.6 | 723 | 664 | 8.9 |
Proposals | 275 | 238 | 256 | 15.5 | 7.4 | 3,069 | 2,587 | 18.6 |
| Alberta | 1,525 | 1,406 | 1,387 | 8.5 | 9.9 | 18,313 | 15,524 | 18.0 |
Bankruptcies | 209 | 186 | 218 | 12.4 | -4.1 | 2,705 | 2,536 | 6.7 |
Proposals | 1,316 | 1,220 | 1,169 | 7.9 | 12.6 | 15,608 | 12,988 | 20.2 |
| British Columbia | 1,182 | 1,026 | 891 | 15.2 | 32.7 | 13,440 | 10,565 | 27.2 |
Bankruptcies | 196 | 164 | 173 | 19.5 | 13.3 | 2,224 | 1,956 | 13.7 |
Proposals | 986 | 862 | 718 | 14.4 | 37.3 | 11,216 | 8,609 | 30.3 |
| Northwest Territories | 4 | 6 | 3 | -33.3 | 33.3 | 64 | 53 | 20.8 |
Bankruptcies | 0 | 2 | 1 | -100.0 | -100.0 | 13 | 4 | 225.0 |
Proposals | 4 | 4 | 2 | 0.0 | 100.0 | 51 | 49 | 4.1 |
| Yukon | 5 | 3 | 4 | 66.7 | 25.0 | 45 | 49 | -8.2 |
Bankruptcies | 1 | 0 | 1 | -- | 0.0 | 8 | 7 | 14.3 |
Proposals | 4 | 3 | 3 | 33.3 | 33.3 | 37 | 42 | -11.9 |
| Nunavut | 1 | 0 | 2 | -- | -50.0 | 14 | 14 | 0.0 |
Bankruptcies | 0 | 0 | 0 | -- | -- | 2 | 0 | -- |
Proposals | 1 | 0 | 2 | -- | -50.0 | 12 | 14 | -14.3 |
| Canada | 11,547 | 9,573 | 9,066 | 20.6 | 27.4 | 130,524 | 105,873 | 23.3 |
Bankruptcies | 2,818 | 2,306 | 2,122 | 22.2 | 32.8 | 30,614 | 27,383 | 11.8 |
Proposals | 8,729 | 7,267 | 6,944 | 20.1 | 25.7 | 99,910 | 78,490 | 27.3 |
| - | Volume | % Change | 12-Month Period Ending | |||||
|---|---|---|---|---|---|---|---|---|
| January 2024 | December 2023 | January 2023 | Dec. 2023 to Jan. 2024 | Jan. 2023 to Jan. 2024 | 01-31-2024 | 01-31-2023 | % Change | |
| Newfoundland and Labrador | 168 | 163 | 139 | 3.1 | 20.9 | 2,281 | 1,947 | 17.2 |
Bankruptcies | 48 | 45 | 50 | 6.7 | -4.0 | 684 | 680 | 0.6 |
Proposals | 120 | 118 | 89 | 1.7 | 34.8 | 1,597 | 1,267 | 26.0 |
| Prince Edward Island | 40 | 30 | 37 | 33.3 | 8.1 | 505 | 448 | 12.7 |
Bankruptcies | 5 | 6 | 12 | -16.7 | -58.3 | 116 | 168 | -31.0 |
Proposals | 35 | 24 | 25 | 45.8 | 40.0 | 389 | 280 | 38.9 |
| Nova Scotia | 353 | 291 | 300 | 21.3 | 17.7 | 4,352 | 3,574 | 21.8 |
Bankruptcies | 87 | 74 | 90 | 17.6 | -3.3 | 1,180 | 1,220 | -3.3 |
Proposals | 266 | 217 | 210 | 22.6 | 26.7 | 3,172 | 2,354 | 34.7 |
| New Brunswick | 255 | 236 | 225 | 8.1 | 13.3 | 3,551 | 3,144 | 12.9 |
Bankruptcies | 62 | 70 | 52 | -11.4 | 19.2 | 885 | 1,003 | -11.8 |
Proposals | 193 | 166 | 173 | 16.3 | 11.6 | 2,666 | 2,141 | 24.5 |
| Quebec | 2,734 | 2,113 | 2,167 | 29.4 | 26.2 | 31,144 | 25,765 | 20.9 |
Bankruptcies | 819 | 598 | 647 | 37.0 | 26.6 | 9,311 | 8,740 | 6.5 |
Proposals | 1,915 | 1,515 | 1,520 | 26.4 | 26.0 | 21,833 | 17,025 | 28.2 |
| Ontario | 3,993 | 3,258 | 3,063 | 22.6 | 30.4 | 44,761 | 35,598 | 25.7 |
Bankruptcies | 685 | 620 | 527 | 10.5 | 30.0 | 8,189 | 7,197 | 13.8 |
Proposals | 3,308 | 2,638 | 2,536 | 25.4 | 30.4 | 36,572 | 28,401 | 28.8 |
| Manitoba | 266 | 261 | 257 | 1.9 | 3.5 | 3,632 | 2,876 | 26.3 |
Bankruptcies | 64 | 71 | 70 | -9.9 | -8.6 | 890 | 769 | 15.7 |
Proposals | 202 | 190 | 187 | 6.3 | 8.0 | 2,742 | 2,107 | 30.1 |
| Saskatchewan | 324 | 292 | 289 | 11.0 | 12.1 | 3,727 | 3,194 | 16.7 |
Bankruptcies | 53 | 55 | 36 | -3.6 | 47.2 | 685 | 633 | 8.2 |
Proposals | 271 | 237 | 253 | 14.3 | 7.1 | 3,042 | 2,561 | 18.8 |
| Alberta | 1,492 | 1,384 | 1,370 | 7.8 | 8.9 | 18,043 | 15,278 | 18.1 |
Bankruptcies | 192 | 174 | 209 | 10.3 | -8.1 | 2,555 | 2,402 | 6.4 |
Proposals | 1,300 | 1,210 | 1,161 | 7.4 | 12.0 | 15,488 | 12,876 | 20.3 |
| British Columbia | 1,153 | 1,003 | 879 | 15.0 | 31.2 | 13,170 | 10,415 | 26.5 |
Bankruptcies | 177 | 145 | 164 | 22.1 | 7.9 | 2,035 | 1,854 | 9.8 |
Proposals | 976 | 858 | 715 | 13.8 | 36.5 | 11,135 | 8,561 | 30.1 |
| Northwest Territories | 4 | 6 | 3 | -33.3 | 33.3 | 62 | 51 | 21.6 |
Bankruptcies | 0 | 2 | 1 | -100.0 | -100.0 | 11 | 4 | 175.0 |
Proposals | 4 | 4 | 2 | 0.0 | 100.0 | 51 | 47 | 8.5 |
| Yukon | 5 | 3 | 4 | 66.7 | 25.0 | 44 | 49 | -10.2 |
Bankruptcies | 1 | 0 | 1 | -- | 0.0 | 7 | 7 | 0.0 |
Proposals | 4 | 3 | 3 | 33.3 | 33.3 | 37 | 42 | -11.9 |
| Nunavut | 1 | 0 | 2 | -- | -50.0 | 14 | 14 | 0.0 |
Bankruptcies | 0 | 0 | 0 | -- | -- | 2 | 0 | -- |
Proposals | 1 | 0 | 2 | -- | -50.0 | 12 | 14 | -14.3 |
| Canada | 10,788 | 9,040 | 8,735 | 19.3 | 23.5 | 125,286 | 102,353 | 22.4 |
Bankruptcies | 2,193 | 1,860 | 1,859 | 17.9 | 18.0 | 26,550 | 24,677 | 7.6 |
Proposals | 8,595 | 7,180 | 6,876 | 19.7 | 25.0 | 98,736 | 77,676 | 27.1 |
| - | Volume | % Change | 12-Month Period Ending | |||||
|---|---|---|---|---|---|---|---|---|
| January 2024 | December 2023 | January 2023 | Dec. 2023 to Jan. 2024 | Jan. 2023 to Jan. 2024 | 01-31-2024 | 01-31-2023 | % Change | |
| Newfoundland and Labrador | 2 | 1 | 0 | 100.0 | -- | 31 | 12 | 158.3 |
Bankruptcies | 1 | 1 | 0 | 0.0 | -- | 18 | 10 | 80.0 |
Proposals | 1 | 0 | 0 | -- | -- | 13 | 2 | 550.0 |
| Prince Edward Island | 2 | 0 | 0 | -- | -- | 3 | 2 | 50.0 |
Bankruptcies | 2 | 0 | 0 | -- | -- | 3 | 1 | 200.0 |
Proposals | 0 | 0 | 0 | -- | -- | 0 | 1 | -100.0 |
| Nova Scotia | 3 | 5 | 5 | -40.0 | -40.0 | 40 | 31 | 29.0 |
Bankruptcies | 1 | 3 | 5 | -66.7 | -80.0 | 24 | 21 | 14.3 |
Proposals | 2 | 2 | 0 | 0.0 | -- | 16 | 10 | 60.0 |
| New Brunswick | 3 | 2 | 3 | 50.0 | 0.0 | 32 | 26 | 23.1 |
Bankruptcies | 2 | 0 | 3 | -- | -33.3 | 20 | 21 | -4.8 |
Proposals | 1 | 2 | 0 | -50.0 | -- | 12 | 5 | 140.0 |
| Quebec | 398 | 305 | 189 | 30.5 | 110.6 | 3,021 | 2,000 | 51.1 |
Bankruptcies | 341 | 265 | 157 | 28.7 | 117.2 | 2,440 | 1,668 | 46.3 |
Proposals | 57 | 40 | 32 | 42.5 | 78.1 | 581 | 332 | 75.0 |
| Ontario | 275 | 169 | 101 | 62.7 | 172.3 | 1,454 | 962 | 51.1 |
Bankruptcies | 234 | 143 | 79 | 63.6 | 196.2 | 1,146 | 701 | 63.5 |
Proposals | 41 | 26 | 22 | 57.7 | 86.4 | 308 | 261 | 18.0 |
| Manitoba | 7 | 2 | 1 | 250.0 | 600.0 | 49 | 32 | 53.1 |
Bankruptcies | 5 | 0 | 1 | -- | 400.0 | 33 | 17 | 94.1 |
Proposals | 2 | 2 | 0 | 0.0 | -- | 16 | 15 | 6.7 |
| Saskatchewan | 7 | 4 | 3 | 75.0 | 133.3 | 65 | 57 | 14.0 |
Bankruptcies | 3 | 3 | 0 | 0.0 | -- | 38 | 31 | 22.6 |
Proposals | 4 | 1 | 3 | 300.0 | 33.3 | 27 | 26 | 3.8 |
| Alberta | 33 | 22 | 17 | 50.0 | 94.1 | 270 | 246 | 9.8 |
Bankruptcies | 17 | 12 | 9 | 41.7 | 88.9 | 150 | 134 | 11.9 |
Proposals | 16 | 10 | 8 | 60.0 | 100.0 | 120 | 112 | 7.1 |
| British Columbia | 29 | 23 | 12 | 26.1 | 141.7 | 270 | 150 | 80.0 |
Bankruptcies | 19 | 19 | 9 | 0.0 | 111.1 | 189 | 102 | 85.3 |
Proposals | 10 | 4 | 3 | 150.0 | 233.3 | 81 | 48 | 68.8 |
| Northwest Territories | 0 | 0 | 0 | -- | -- | 2 | 2 | 0.0 |
Bankruptcies | 0 | 0 | 0 | -- | -- | 2 | 0 | -- |
Proposals | 0 | 0 | 0 | -- | -- | 0 | 2 | -100.0 |
| Yukon | 0 | 0 | 0 | -- | -- | 1 | 0 | -- |
Bankruptcies | 0 | 0 | 0 | -- | -- | 1 | 0 | -- |
Proposals | 0 | 0 | 0 | -- | -- | 0 | 0 | -- |
| Nunavut | 0 | 0 | 0 | -- | -- | 0 | 0 | -- |
Bankruptcies | 0 | 0 | 0 | -- | -- | 0 | 0 | -- |
Proposals | 0 | 0 | 0 | -- | -- | 0 | 0 | -- |
| Canada | 759 | 533 | 331 | 42.4 | 129.3 | 5,238 | 3,520 | 48.8 |
Bankruptcies | 625 | 446 | 263 | 40.1 | 137.6 | 4,064 | 2,706 | 50.2 |
Proposals | 134 | 87 | 68 | 54.0 | 97.1 | 1,174 | 814 | 44.2 |
| - | Volume | % Change | 12-Month Period Ending | |||||
|---|---|---|---|---|---|---|---|---|
| January 2024 | December 2023 | January 2023 | Dec. 2023 to Jan. 2024 | Jan. 2023 to Jan. 2024 | 01-31-2024 | 01-31-2023 | % Change | |
| Newfoundland and Labrador | 0 | 0 | 0 | -- | -- | 6 | 0 | -- |
Bankruptcies | 0 | 0 | 0 | -- | -- | 2 | 0 | -- |
Proposals | 0 | 0 | 0 | -- | -- | 4 | 0 | -- |
| Prince Edward Island | 1 | 0 | 0 | -- | -- | 1 | 2 | -50.0 |
Bankruptcies | 1 | 0 | 0 | -- | -- | 1 | 1 | 0.0 |
Proposals | 0 | 0 | 0 | -- | -- | 0 | 1 | -100.0 |
| Nova Scotia | 0 | 1 | 3 | -100.0 | -100.0 | 14 | 14 | 0.0 |
Bankruptcies | 0 | 1 | 3 | -100.0 | -100.0 | 10 | 9 | 11.1 |
Proposals | 0 | 0 | 0 | -- | -- | 4 | 5 | -20.0 |
| New Brunswick | 1 | 0 | 2 | -- | -50.0 | 11 | 12 | -8.3 |
Bankruptcies | 1 | 0 | 2 | -- | -50.0 | 11 | 10 | 10.0 |
Proposals | 0 | 0 | 0 | -- | -- | 0 | 2 | -100.0 |
| Quebec | 370 | 294 | 173 | 25.9 | 113.9 | 2,702 | 1,742 | 55.1 |
Bankruptcies | 326 | 262 | 148 | 24.4 | 120.3 | 2,281 | 1,513 | 50.8 |
Proposals | 44 | 32 | 25 | 37.5 | 76.0 | 421 | 229 | 83.8 |
| Ontario | 228 | 126 | 71 | 81.0 | 221.1 | 1,047 | 629 | 66.5 |
Bankruptcies | 214 | 118 | 63 | 81.4 | 239.7 | 918 | 521 | 76.2 |
Proposals | 14 | 8 | 8 | 75.0 | 75.0 | 129 | 108 | 19.4 |
| Manitoba | 3 | 0 | 0 | -- | -- | 10 | 12 | -16.7 |
Bankruptcies | 2 | 0 | 0 | -- | -- | 8 | 7 | 14.3 |
Proposals | 1 | 0 | 0 | -- | -- | 2 | 5 | -60.0 |
| Saskatchewan | 5 | 0 | 0 | -- | -- | 9 | 12 | -25.0 |
Bankruptcies | 2 | 0 | 0 | -- | -- | 5 | 6 | -16.7 |
Proposals | 3 | 0 | 0 | -- | -- | 4 | 6 | -33.3 |
| Alberta | 18 | 8 | 10 | 125.0 | 80.0 | 148 | 119 | 24.4 |
Bankruptcies | 8 | 4 | 5 | 100.0 | 60.0 | 90 | 76 | 18.4 |
Proposals | 10 | 4 | 5 | 150.0 | 100.0 | 58 | 43 | 34.9 |
| British Columbia | 15 | 12 | 8 | 25.0 | 87.5 | 137 | 61 | 124.6 |
Bankruptcies | 13 | 12 | 7 | 8.3 | 85.7 | 118 | 44 | 168.2 |
Proposals | 2 | 0 | 1 | -- | 100.0 | 19 | 17 | 11.8 |
| Northwest Territories | 0 | 0 | 0 | -- | -- | 2 | 0 | -- |
Bankruptcies | 0 | 0 | 0 | -- | -- | 2 | 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 | -- |
| Nunavut | 0 | 0 | 0 | -- | -- | 0 | 0 | -- |
Bankruptcies | 0 | 0 | 0 | -- | -- | 0 | 0 | -- |
Proposals | 0 | 0 | 0 | -- | -- | 0 | 0 | -- |
| Canada | 641 | 441 | 267 | 45.4 | 140.1 | 4,087 | 2,603 | 57.0 |
Bankruptcies | 567 | 397 | 228 | 42.8 | 148.7 | 3,446 | 2,187 | 57.6 |
Proposals | 74 | 44 | 39 | 68.2 | 89.7 | 641 | 416 | 54.1 |
| - | Volume | % Change | 12-Month Period Ending | |||||
|---|---|---|---|---|---|---|---|---|
| January 2024 | December 2023 | January 2023 | Dec. 2023 to Jan. 2024 | Jan. 2023 to Jan. 2024 | 01-31-2024 | 01-31-2023 | % Change | |
| Newfoundland and Labrador | 2 | 1 | 0 | 100.0 | -- | 25 | 12 | 108.3 |
Bankruptcies | 1 | 1 | 0 | 0.0 | -- | 16 | 10 | 60.0 |
Proposals | 1 | 0 | 0 | -- | -- | 9 | 2 | 350.0 |
| Prince Edward Island | 1 | 0 | 0 | -- | -- | 2 | 0 | -- |
Bankruptcies | 1 | 0 | 0 | -- | -- | 2 | 0 | -- |
Proposals | 0 | 0 | 0 | -- | -- | 0 | 0 | -- |
| Nova Scotia | 3 | 4 | 2 | -25.0 | 50.0 | 26 | 17 | 52.9 |
Bankruptcies | 1 | 2 | 2 | -50.0 | -50.0 | 14 | 12 | 16.7 |
Proposals | 2 | 2 | 0 | 0.0 | -- | 12 | 5 | 140.0 |
| New Brunswick | 2 | 2 | 1 | 0.0 | 100.0 | 21 | 14 | 50.0 |
Bankruptcies | 1 | 0 | 1 | -- | 0.0 | 9 | 11 | -18.2 |
Proposals | 1 | 2 | 0 | -50.0 | -- | 12 | 3 | 300.0 |
| Quebec | 28 | 11 | 16 | 154.5 | 75.0 | 319 | 258 | 23.6 |
Bankruptcies | 15 | 3 | 9 | 400.0 | 66.7 | 159 | 155 | 2.6 |
Proposals | 13 | 8 | 7 | 62.5 | 85.7 | 160 | 103 | 55.3 |
| Ontario | 47 | 43 | 30 | 9.3 | 56.7 | 407 | 333 | 22.2 |
Bankruptcies | 20 | 25 | 16 | -20.0 | 25.0 | 228 | 180 | 26.7 |
Proposals | 27 | 18 | 14 | 50.0 | 92.9 | 179 | 153 | 17.0 |
| Manitoba | 4 | 2 | 1 | 100.0 | 300.0 | 39 | 20 | 95.0 |
Bankruptcies | 3 | 0 | 1 | -- | 200.0 | 25 | 10 | 150.0 |
Proposals | 1 | 2 | 0 | -50.0 | -- | 14 | 10 | 40.0 |
| Saskatchewan | 2 | 4 | 3 | -50.0 | -33.3 | 56 | 45 | 24.4 |
Bankruptcies | 1 | 3 | 0 | -66.7 | -- | 33 | 25 | 32.0 |
Proposals | 1 | 1 | 3 | 0.0 | -66.7 | 23 | 20 | 15.0 |
| Alberta | 15 | 14 | 7 | 7.1 | 114.3 | 122 | 127 | -3.9 |
Bankruptcies | 9 | 8 | 4 | 12.5 | 125.0 | 60 | 58 | 3.4 |
Proposals | 6 | 6 | 3 | 0.0 | 100.0 | 62 | 69 | -10.1 |
| British Columbia | 14 | 11 | 4 | 27.3 | 250.0 | 133 | 89 | 49.4 |
Bankruptcies | 6 | 7 | 2 | -14.3 | 200.0 | 71 | 58 | 22.4 |
Proposals | 8 | 4 | 2 | 100.0 | 300.0 | 62 | 31 | 100.0 |
| Northwest Territories | 0 | 0 | 0 | -- | -- | 0 | 2 | -100.0 |
Bankruptcies | 0 | 0 | 0 | -- | -- | 0 | 0 | -- |
Proposals | 0 | 0 | 0 | -- | -- | 0 | 2 | -100.0 |
| Yukon | 0 | 0 | 0 | -- | -- | 1 | 0 | -- |
Bankruptcies | 0 | 0 | 0 | -- | -- | 1 | 0 | -- |
Proposals | 0 | 0 | 0 | -- | -- | 0 | 0 | -- |
| Nunavut | 0 | 0 | 0 | -- | -- | 0 | 0 | -- |
Bankruptcies | 0 | 0 | 0 | -- | -- | 0 | 0 | -- |
Proposals | 0 | 0 | 0 | -- | -- | 0 | 0 | -- |
| Canada | 118 | 92 | 64 | 28.3 | 84.4 | 1,151 | 917 | 25.5 |
Bankruptcies | 58 | 49 | 35 | 18.4 | 65.7 | 618 | 519 | 19.1 |
Proposals | 60 | 43 | 29 | 39.5 | 106.9 | 533 | 398 | 33.9 |
| - | Volume | % Change | 12-Month Period Ending | |||||
|---|---|---|---|---|---|---|---|---|
| January 2024 | December 2023 | January 2023 | Dec. 2023 to Jan. 2024 | Jan. 2023 to Jan. 2024 | 01-31-2024 | 01-31-2023 | % Change | |
| Agriculture, Forestry, Fishing and Hunting | 9 | 10 | 17 | -10.0 | -47.1 | 78 | 87 | -10.3 |
Bankruptcies | 7 | 9 | 13 | -22.2 | -46.2 | 57 | 70 | -18.6 |
Proposals | 2 | 1 | 4 | 100.0 | -50.0 | 21 | 17 | 23.5 |
| Mining and Oil and Gas Extraction | 9 | 1 | 3 | 800.0 | 200.0 | 54 | 28 | 92.9 |
Bankruptcies | 3 | 1 | 1 | 200.0 | 200.0 | 26 | 20 | 30.0 |
Proposals | 6 | 0 | 2 | -- | 200.0 | 28 | 8 | 250.0 |
| Utilities | 1 | 2 | 1 | -50.0 | 0.0 | 10 | 8 | 25.0 |
Bankruptcies | 1 | 2 | 1 | -50.0 | 0.0 | 7 | 5 | 40.0 |
Proposals | 0 | 0 | 0 | -- | -- | 3 | 3 | 0.0 |
| Construction | 86 | 75 | 44 | 14.7 | 95.5 | 723 | 534 | 35.4 |
Bankruptcies | 56 | 55 | 31 | 1.8 | 80.6 | 525 | 365 | 43.8 |
Proposals | 30 | 20 | 13 | 50.0 | 130.8 | 198 | 169 | 17.2 |
| Manufacturing | 59 | 49 | 41 | 20.4 | 43.9 | 431 | 288 | 49.7 |
Bankruptcies | 51 | 39 | 32 | 30.8 | 59.4 | 331 | 214 | 54.7 |
Proposals | 8 | 10 | 9 | -20.0 | -11.1 | 100 | 74 | 35.1 |
| Wholesale Trade | 41 | 23 | 12 | 78.3 | 241.7 | 259 | 157 | 65.0 |
Bankruptcies | 33 | 21 | 10 | 57.1 | 230.0 | 210 | 127 | 65.4 |
Proposals | 8 | 2 | 2 | 300.0 | 300.0 | 49 | 30 | 63.3 |
| Retail Trade | 84 | 60 | 41 | 40.0 | 104.9 | 616 | 392 | 57.1 |
Bankruptcies | 75 | 53 | 32 | 41.5 | 134.4 | 507 | 328 | 54.6 |
Proposals | 9 | 7 | 9 | 28.6 | 0.0 | 109 | 64 | 70.3 |
| Transportation and Warehousing | 82 | 40 | 20 | 105.0 | 310.0 | 400 | 290 | 37.9 |
Bankruptcies | 70 | 34 | 16 | 105.9 | 337.5 | 311 | 222 | 40.1 |
Proposals | 12 | 6 | 4 | 100.0 | 200.0 | 89 | 68 | 30.9 |
| Information and Cultural Industries | 21 | 16 | 10 | 31.3 | 110.0 | 113 | 78 | 44.9 |
Bankruptcies | 20 | 15 | 10 | 33.3 | 100.0 | 97 | 53 | 83.0 |
Proposals | 1 | 1 | 0 | 0.0 | -- | 16 | 25 | -36.0 |
| Finance and Insurance | 14 | 9 | 6 | 55.6 | 133.3 | 77 | 45 | 71.1 |
Bankruptcies | 10 | 9 | 3 | 11.1 | 233.3 | 60 | 30 | 100.0 |
Proposals | 4 | 0 | 3 | -- | 33.3 | 17 | 15 | 13.3 |
| Real Estate and Rental and Leasing | 22 | 20 | 13 | 10.0 | 69.2 | 162 | 124 | 30.6 |
Bankruptcies | 18 | 17 | 11 | 5.9 | 63.6 | 117 | 99 | 18.2 |
Proposals | 4 | 3 | 2 | 33.3 | 100.0 | 45 | 25 | 80.0 |
| Professional, Scientific and Technical Services | 67 | 38 | 19 | 76.3 | 252.6 | 418 | 245 | 70.6 |
Bankruptcies | 57 | 34 | 14 | 67.6 | 307.1 | 317 | 180 | 76.1 |
Proposals | 10 | 4 | 5 | 150.0 | 100.0 | 101 | 65 | 55.4 |
| Management of Companies and Enterprises | 14 | 14 | 6 | 0.0 | 133.3 | 112 | 81 | 38.3 |
Bankruptcies | 12 | 11 | 4 | 9.1 | 200.0 | 91 | 68 | 33.8 |
Proposals | 2 | 3 | 2 | -33.3 | 0.0 | 21 | 13 | 61.5 |
| Administrative and Support, Waste Management and Remediation Services | 32 | 23 | 7 | 39.1 | 357.1 | 279 | 173 | 61.3 |
Bankruptcies | 24 | 20 | 3 | 20.0 | 700.0 | 196 | 117 | 67.5 |
Proposals | 8 | 3 | 4 | 166.7 | 100.0 | 83 | 56 | 48.2 |
| Educational Services | 12 | 6 | 5 | 100.0 | 140.0 | 62 | 37 | 67.6 |
Bankruptcies | 12 | 5 | 5 | 140.0 | 140.0 | 49 | 31 | 58.1 |
Proposals | 0 | 1 | 0 | -100.0 | -- | 13 | 6 | 116.7 |
| Health Care and Social Assistance | 19 | 10 | 2 | 90.0 | 850.0 | 125 | 94 | 33.0 |
Bankruptcies | 18 | 8 | 1 | 125.0 | 1,700.0 | 93 | 59 | 57.6 |
Proposals | 1 | 2 | 1 | -50.0 | 0.0 | 32 | 35 | -8.6 |
| Arts, Entertainment and Recreation | 22 | 19 | 10 | 15.8 | 120.0 | 146 | 84 | 73.8 |
Bankruptcies | 13 | 18 | 9 | -27.8 | 44.4 | 118 | 74 | 59.5 |
Proposals | 9 | 1 | 1 | 800.0 | 800.0 | 28 | 10 | 180.0 |
| Accommodation and Food Services | 121 | 71 | 57 | 70.4 | 112.3 | 783 | 533 | 46.9 |
Bankruptcies | 107 | 60 | 53 | 78.3 | 101.9 | 638 | 452 | 41.2 |
Proposals | 14 | 11 | 4 | 27.3 | 250.0 | 145 | 81 | 79.0 |
| Other Services (except Public Administration) | 43 | 46 | 15 | -6.5 | 186.7 | 379 | 230 | 64.8 |
Bankruptcies | 37 | 34 | 13 | 8.8 | 184.6 | 307 | 181 | 69.6 |
Proposals | 6 | 12 | 2 | -50.0 | 200.0 | 72 | 49 | 46.9 |
| Public Administration | 1 | 1 | 2 | 0.0 | -50.0 | 8 | 10 | -20.0 |
Bankruptcies | 1 | 1 | 1 | 0.0 | 0.0 | 4 | 9 | -55.6 |
Proposals | 0 | 0 | 1 | -- | -100.0 | 4 | 1 | 300.0 |
| Canada | 759 | 533 | 331 | 42.4 | 129.3 | 5,235 | 3,518 | 48.8 |
Bankruptcies | 625 | 446 | 263 | 40.1 | 137.6 | 4,061 | 2,704 | 50.2 |
Proposals | 134 | 87 | 68 | 54.0 | 97.1 | 1,174 | 814 | 44.2 |
