Insolvency Statistics in Canada — 2020 (Table 6)

Table 6: Insolvencies Filed by Businesses by ER
- Volume 2020
2020 2019 % Change Assets Declared at the Time of Filing ($) Liabilities Declared at the Time of Filing ($)
Newfoundland and Labrador 10 41 -75.6 4,309,051 20,104,521
Bankruptcies 10 35 -71.4 4,309,051 20,104,521
Proposals 0 6 -100.0 0 0
Avalon Peninsula 6 24 -75.0 4,246,783 19,359,838
Bankruptcies 6 19 -68.4 4,246,783 19,359,838
Proposals 0 5 -100.0 0 0
South Coast - Burin Peninsula 0 0 n/a 0 0
Bankruptcies 0 0 n/a 0 0
Proposals 0 0 n/a 0 0
West Coast - Northern Peninsula - Labrador 1 6 -83.3 4,001 108,122
Bankruptcies 1 6 -83.3 4,001 108,122
Proposals 0 0 n/a 0 0
Notre Dame - Central Bonavista Bay 3 11 -72.7 58,267 636,561
Bankruptcies 3 10 -70.0 58,267 636,561
Proposals 0 1 -100.0 0 0
Prince Edward Island 2 10 -80.0 8,842 387,566
Bankruptcies 1 9 -88.9 8,842 387,566
Proposals 1 1 0.0 0 0
Nova Scotia 19 59 -67.8 53,237,369 118,637,762
Bankruptcies 16 51 -68.6 53,227,169 117,861,448
Proposals 3 8 -62.5 10,200 776,314
Cape Breton 2 8 -75.0 521,866 2,053,289
Bankruptcies 2 7 -71.4 521,866 2,053,289
Proposals 0 1 -100.0 0 0
North Shore 3 6 -50.0 99,393 594,940
Bankruptcies 3 6 -50.0 99,393 594,940
Proposals 0 0 n/a 0 0
Annapolis Valley 2 6 -66.7 43,657,435 98,043,914
Bankruptcies 2 6 -66.7 43,657,435 98,043,914
Proposals 0 0 n/a 0 0
Southern 2 9 -77.8 593,741 2,263,993
Bankruptcies 2 7 -71.4 593,741 2,263,993
Proposals 0 2 -100.0 0 0
Halifax 9 29 -69.0 8,364,933 15,681,626
Bankruptcies 7 24 -70.8 8,354,733 14,905,312
Proposals 2 5 -60.0 10,200 776,314
New Brunswick 24 45 -46.7 87,110,339 234,306,146
Bankruptcies 16 34 -52.9 85,836,137 228,067,044
Proposals 8 11 -27.3 1,274,202 6,239,102
Campbellton - Miramichi 9 6 50.0 1,400,335 8,385,796
Bankruptcies 6 4 50.0 1,066,657 2,636,036
Proposals 3 2 50.0 333,678 5,749,760
Moncton - Richibucto 4 20 -80.0 145,690 552,285
Bankruptcies 2 17 -88.2 84,928 382,846
Proposals 2 3 -33.3 60,762 169,439
Saint John - St. Stephen 3 9 -66.7 40,801 1,341,647
Bankruptcies 2 7 -71.4 28,300 1,021,744
Proposals 1 2 -50.0 12,501 319,903
Fredericton - Oromocto 0 5 -100.0 0 0
Bankruptcies 0 4 -100.0 0 0
Proposals 0 1 -100.0 0 0
Edmundston - Woodstock 8 5 60.0 85,523,513 224,026,418
Bankruptcies 6 2 200.0 84,656,252 224,026,418
Proposals 2 3 -33.3 867,261 0
Quebec 1,599 2,126 -24.8 130,112,203 1,932,188,017
Bankruptcies 1,258 1,620 -22.3 86,168,546 712,772,794
Proposals 341 506 -32.6 43,943,657 1,219,415,223
Gaspésie - Îles-de-la-Madeleine 11 17 -35.3 2,600,782 7,714,341
Bankruptcies 9 15 -40.0 1,433,135 7,044,603
Proposals 2 2 0.0 1,167,647 669,738
Bas-Saint-Laurent 37 44 -15.9 3,311,919 20,507,961
Bankruptcies 29 37 -21.6 3,039,293 8,522,098
Proposals 8 7 14.3 272,626 11,985,864
Capitale-Nationale 150 195 -23.1 7,987,801 120,348,879
Bankruptcies 125 149 -16.1 7,016,738 50,167,349
Proposals 25 46 -45.7 971,064 70,181,530
Chaudière - Appalaches 89 101 -11.9 4,696,453 44,527,263
Bankruptcies 75 82 -8.5 3,398,625 41,058,809
Proposals 14 19 -26.3 1,297,829 3,468,454
Estrie 57 45 26.7 2,532,026 68,967,828
Bankruptcies 41 36 13.9 2,103,852 18,374,065
Proposals 16 9 77.8 428,174 50,593,762
Centre-du-Québec 53 58 -8.6 6,036,003 21,464,794
Bankruptcies 40 43 -7.0 5,187,376 15,722,113
Proposals 13 15 -13.3 848,627 5,742,681
Montérégie 276 404 -31.7 20,559,000 156,268,679
Bankruptcies 229 311 -26.4 14,905,037 104,694,368
Proposals 47 93 -49.5 5,653,963 51,574,311
Montréal 478 582 -17.9 52,183,845 1,259,898,730
Bankruptcies 345 430 -19.8 23,345,630 319,073,879
Proposals 133 152 -12.5 28,838,214 940,824,850
Laval 86 91 -5.5 6,719,752 63,992,597
Bankruptcies 66 65 1.5 6,593,292 29,290,064
Proposals 20 26 -23.1 126,460 34,702,532
Lanaudière 59 114 -48.2 1,375,180 15,208,293
Bankruptcies 52 81 -35.8 1,208,728 10,897,707
Proposals 7 33 -78.8 166,452 4,310,586
Laurentides 104 176 -40.9 3,072,143 62,615,297
Bankruptcies 90 139 -35.3 2,694,138 42,480,659
Proposals 14 37 -62.2 378,005 20,134,638
Outaouais 47 90 -47.8 2,252,535 15,140,727
Bankruptcies 35 58 -39.7 1,623,041 7,739,464
Proposals 12 32 -62.5 629,493 7,401,262
Abitibi - Témiscamingue 29 32 -9.4 1,607,228 9,354,836
Bankruptcies 25 28 -10.7 1,330,231 7,472,952
Proposals 4 4 0.0 276,996 1,881,884
Mauricie 55 68 -19.1 2,457,358 13,059,901
Bankruptcies 42 58 -27.6 2,212,559 8,520,901
Proposals 13 10 30.0 244,799 4,539,001
Saguenay - Lac-Saint-Jean 44 69 -36.2 8,667,242 46,363,131
Bankruptcies 36 59 -39.0 7,794,279 34,959,002
Proposals 8 10 -20.0 872,963 11,404,130
Côte-Nord 11 22 -50.0 3,805,567 6,291,605
Bankruptcies 10 18 -44.4 2,035,223 6,291,605
Proposals 1 4 -75.0 1,770,344 0
Nord-du-Québec 2 2 0.0 247,368 463,154
Bankruptcies 2 2 0.0 247,368 463,154
Proposals 0 0 n/a 0 0
Ontario 759 902 -15.9 228,597,508 1,498,925,641
Bankruptcies 536 652 -17.8 163,085,767 1,217,315,567
Proposals 223 250 -10.8 65,511,741 281,610,074
Ottawa 80 134 -40.3 3,262,280 39,909,050
Bankruptcies 62 99 -37.4 1,414,877 36,087,691
Proposals 18 35 -48.6 1,847,403 3,821,359
Kingston - Pembroke 10 17 -41.2 1,449,917 2,487,570
Bankruptcies 8 10 -20.0 126,985 1,455,549
Proposals 2 7 -71.4 1,322,932 1,032,021
Muskoka - Kawarthas 14 8 75.0 504,478 3,346,311
Bankruptcies 11 7 57.1 490,566 3,245,242
Proposals 3 1 200.0 13,912 101,069
Toronto 462 477 -3.1 190,164,752 1,196,766,259
Bankruptcies 326 341 -4.4 138,662,492 967,148,837
Proposals 136 136 0.0 51,502,260 229,617,422
Kitchener - Waterloo - Barrie 58 59 -1.7 15,434,882 159,017,957
Bankruptcies 38 40 -5.0 13,246,503 152,289,965
Proposals 20 19 5.3 2,188,379 6,727,991
Hamilton - Niagara Peninsula 45 95 -52.6 4,170,371 35,021,525
Bankruptcies 31 78 -60.3 2,114,394 28,986,379
Proposals 14 17 -17.6 2,055,977 6,035,146
London 26 36 -27.8 6,237,194 37,157,614
Bankruptcies 7 26 -73.1 1,070,434 5,122,060
Proposals 19 10 90.0 5,166,760 32,035,554
Windsor - Sarnia 25 33 -24.2 1,421,712 8,185,652
Bankruptcies 19 23 -17.4 750,185 7,014,891
Proposals 6 10 -40.0 671,526 1,170,761
Stratford - Bruce Peninsula 13 8 62.5 4,146,298 6,961,360
Bankruptcies 11 5 120.0 4,085,707 6,764,648
Proposals 2 3 -33.3 60,591 196,712
Northeast 11 26 -57.7 1,488,332 7,957,925
Bankruptcies 9 16 -43.8 806,330 7,085,885
Proposals 2 10 -80.0 682,002 872,040
Northwest 8 4 100.0 317,294 2,114,419
Bankruptcies 5 3 66.7 317,294 2,114,419
Proposals 3 1 200.0 0 0
Manitoba 35 39 -10.3 13,231,930 70,858,938
Bankruptcies 28 33 -15.2 11,876,994 69,071,539
Proposals 7 6 16.7 1,354,936 1,787,399
Southeast 1 6 -83.3 216,991 651,381
Bankruptcies 1 6 -83.3 216,991 651,381
Proposals 0 0 n/a 0 0
South Central 1 2 -50.0 802,450 852,591
Bankruptcies 1 1 0.0 802,450 852,591
Proposals 0 1 -100.0 0 0
Southwest 7 6 16.7 1,156,382 4,452,939
Bankruptcies 7 6 16.7 1,156,382 4,452,939
Proposals 0 0 n/a 0 0
North Central 1 1 0.0 2,184 296,993
Bankruptcies 1 1 0.0 2,184 296,993
Proposals 0 0 n/a 0 0
Winnipeg 16 21 -23.8 10,061,828 62,631,291
Bankruptcies 15 16 -6.3 9,408,744 61,532,077
Proposals 1 5 -80.0 653,084 1,099,214
Interlake 1 1 0.0 32,151 760,781
Bankruptcies 1 1 0.0 32,151 760,781
Proposals 0 0 n/a 0 0
Parklands 1 1 0.0 222,892 279,976
Bankruptcies 1 1 0.0 222,892 279,976
Proposals 0 0 n/a 0 0
North 2 1 100.0 737,052 932,986
Bankruptcies 1 1 0.0 35,200 244,801
Proposals 1 0 n/a 701,852 688,185
Saskatchewan 49 104 -52.9 20,891,343 34,728,527
Bankruptcies 40 64 -37.5 19,741,145 30,590,052
Proposals 9 40 -77.5 1,150,198 4,138,475
Regina - Moose Mountain 15 56 -73.2 838,720 4,343,415
Bankruptcies 13 32 -59.4 726,618 3,919,639
Proposals 2 24 -91.7 112,102 423,776
Swift Current - Moose Jaw 7 17 -58.8 11,010,555 2,034,017
Bankruptcies 5 11 -54.5 10,940,755 1,785,760
Proposals 2 6 -66.7 69,800 248,257
Saskatoon - Biggar 16 14 14.3 7,714,903 20,292,426
Bankruptcies 13 10 30.0 7,657,551 17,402,758
Proposals 3 4 -25.0 57,352 2,889,668
Yorkton - Melville 6 10 -40.0 338,023 6,602,711
Bankruptcies 6 9 -33.3 338,023 6,602,711
Proposals 0 1 -100.0 0 0
Prince Albert 5 7 -28.6 989,142 1,455,958
Bankruptcies 3 2 50.0 78,198 879,184
Proposals 2 5 -60.0 910,944 576,774
Northern 0 0 n/a 0 0
Bankruptcies 0 0 n/a 0 0
Proposals 0 0 n/a 0 0
Alberta 160 223 -28.3 114,042,594 635,486,388
Bankruptcies 122 155 -21.3 90,515,288 560,320,071
Proposals 38 68 -44.1 23,527,306 75,166,317
Lethbridge - Medicine Hat 2 5 -60.0 57,192 598,516
Bankruptcies 2 2 0.0 57,192 598,516
Proposals 0 3 -100.0 0 0
Camrose - Drumheller 3 12 -75.0 717,754 1,748,703
Bankruptcies 1 12 -91.7 667,901 1,317,792
Proposals 2 0 n/a 49,853 430,911
Calgary 67 103 -35.0 89,421,209 402,392,141
Bankruptcies 49 70 -30.0 67,848,291 354,977,100
Proposals 18 33 -45.5 21,572,918 47,415,041
Banff - Jasper - Rocky Mountain House 7 6 16.7 174,728 4,614,546
Bankruptcies 4 3 33.3 67,704 4,060,001
Proposals 3 3 0.0 107,024 554,545
Red Deer 6 9 -33.3 1,109,869 6,405,531
Bankruptcies 4 7 -42.9 769,618 5,965,004
Proposals 2 2 0.0 340,251 440,527
Edmonton 51 77 -33.8 20,371,457 175,547,922
Bankruptcies 43 54 -20.4 18,914,198 159,410,439
Proposals 8 23 -65.2 1,457,259 16,137,482
Athabasca - Grande Prairie - Peace River 11 6 83.3 1,603,322 13,780,990
Bankruptcies 9 4 125.0 1,603,322 12,607,735
Proposals 2 2 0.0 0 1,173,255
Wood Buffalo - Cold Lake 10 3 233.3 587,065 30,398,041
Bankruptcies 8 3 166.7 587,064 21,383,483
Proposals 2 0 n/a 1 9,014,557
British Columbia 128 127 0.8 177,322,711 1,585,063,606
Bankruptcies 80 90 -11.1 171,665,564 1,058,704,446
Proposals 48 37 29.7 5,657,147 526,359,160
Vancouver Island and Coast 12 17 -29.4 91,044,744 417,571,761
Bankruptcies 12 14 -14.3 91,044,744 417,571,761
Proposals 0 3 -100.0 0 0
Lower Mainland - Southwest 93 85 9.4 61,317,852 988,884,327
Bankruptcies 56 63 -11.1 59,106,758 511,356,491
Proposals 37 22 68.2 2,211,094 477,527,836
Thompson - Okanagan 13 15 -13.3 5,226,464 75,748,908
Bankruptcies 4 6 -33.3 1,780,412 27,724,165
Proposals 9 9 0.0 3,446,052 48,024,743
Kootenay 2 4 -50.0 517,012 1,380,080
Bankruptcies 2 3 -33.3 517,012 1,380,080
Proposals 0 1 -100.0 0 0
Cariboo 3 2 50.0 19,066,369 101,364,392
Bankruptcies 2 1 100.0 19,066,368 100,557,811
Proposals 1 1 0.0 1 806,582
North Coast 0 0 n/a 0 0
Bankruptcies 0 0 n/a 0 0
Proposals 0 0 n/a 0 0
Nechako 2 1 100.0 150,270 114,139
Bankruptcies 2 1 100.0 150,270 114,139
Proposals 0 0 n/a 0 0
Northeast 0 2 -100.0 0 0
Bankruptcies 0 2 -100.0 0 0
Proposals 0 0 n/a 0 0
Northwest Territories 0 2 -100.0 0 0
Bankruptcies 0 1 -100.0 0 0
Proposals 0 1 -100.0 0 0
Yukon 0 0 n/a 0 0
Bankruptcies 0 0 n/a 0 0
Proposals 0 0 n/a 0 0
Nunavut 1 2 -50.0 251,572 972,743
Bankruptcies 1 2 -50.0 251,572 972,743
Proposals 0 0 n/a 0 0