Insolvency Now (Issue 12): Navigating Uncertainty

Figure 16: Alberta Receiverships by Volume

Figure 16: Alberta Receiverships by Volume

35

30

25

20

15

10

5

0

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

2019

2020

2021

2022

2023

2024

Figure 17: CCAA Proceedings by Province Figure 17: CCAA Proceedings by Province

10 15

0 5

Q1 18

Q2 18

Q3 18

Q4 18

Q1 19

Q2 19

Q3 19

Q4 19

Q1 20

Q2 20

Q3 20

Q4 20

Q1 21

Q2 21

Q3 21

Q4 21

Q1 22

Q2 22

Q3 22

Q4 22

Q1 23

Q2 23

Q3 23

Q4 23

Q1 24

Q2 24

Q3 24

Q4 24

Québec

Ontario

Alberta

British Columbia

Despite a marked spike in receiverships in Québec, the relative increase in CCAA proceedings in Québec (as well as in other jurisdictions) is not as pronounced. Ontario, Québec and British Columbia each ended the year with relatively high levels of CCAA proceedings, particularly after experiencing a subdued level of activity in Q3 in 2024. British Columbia appears to be on track to make increased use of the CCAA regime. In 2024, the province saw an average of 4.25 filings every quarter. In 2022 and 2023, the quarterly average number of filings were 2.75 filings and 2 filings, respectively.

14

Davies | dwpv.com

Powered by