Canadian Bankruptcy Statistics – (1980 – 2016)

NEWS FLASH! August 31, 2016:
Canadian Bankruptcy Statistics for June, 2016

(Released on August 31, 2016 by the Office of the Superintendent of Bankruptcy)

June, 2016 Insolvency Statistics

Insolvency Statistics 12 Months Ending June, 2016


Insolvencies were up by 7.2% in June, 2016 compared with the same month the previous year.

Consumer Bankruptcies were up by 0.2% for the year ended June 30, 2016 compared with the previous year
(64,171 / 64,031)
Business Bankruptcies were down by 2.2% for the year ended June 30, 2016 compared the previous year.
(3,047 / 3,117).
Proposals were up by 9% for the year ended June 30, 2016 compared with the previous year.
(62,118 / 56,965).
For the 12 months ended June 30, 2016 insolvencies were up by 4.2% from the prior 12 months.   (129,336 / 124,113).

Bankruptcies and Proposals: 2011-2015

2011 2013 2014 2014 2015
Cons. Bank. 77,993 71,495 69,224 64,839 63,406
 Bus. Bank. 3,643 3,236 3,187 3,116 3,089
Proposals 46,138 48,020 50,548 54,314 59,221
Total 127,774 122,751 122,959 122,269 125,269

2015 Insolvency increases (decreases), by province, over 2014.

Province % increase
(decrease)
NL 17.4
PE 11.2
NS 0.4
NB 0.4
QC 4.7
ON (2.7)
MB 9.7
SK 12.4
AB 18.1
BC 1.4

Canadian Bankruptcy Statistics