Canadian Bankruptcy Statistics – (1980 – 2016)

NEWS FLASH! September 30, 2016:

For the 12 months ended July 31, 2016 insolvencies were up by 3.1% from the prior 12 months.   (128,447 / 124,534).
July 2016 Canadian Bankruptcy Statistics –
Canadian Bankruptcy Statistics for July, 2016

(Released on September 30, 2016 by the Office of the Superintendent of Bankruptcy)

insolvency-statistics-july-2016 insolvency-statistics-12-months-to-july-2016

 


July 2016 Canadian Bankruptcy Statistics –

Insolvencies were down by 8.3% in July, 2016 compared with the same month the previous year.

Consumer Bankruptcies were down by 0.4% for the year ended July 31, 2016 compared with the previous year
(63,628 / 63,898)
Business Bankruptcies were down by 3.5% for the year ended July 31, 2016 compared the previous year.
(3,003 / 3,113).
Proposals were up by 7.5% for the year ended July 31, 2016 compared with the previous year.
(61,816 / 57,523).
For the 12 months ended July 31, 2016 insolvencies were up by 3.1% from the prior 12 months.   (128,447 / 124,534).

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