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 |