Insolvency Statistics in Canada — 2020 (Table 7 and 8)

Table 7: Insolvencies Filed by Consumers by CMA
- Province Volume 2020
2020 2019 % Change Assets Declared at the Time of Filing ($) Liabilities Declared at the Time of Filing ($)
St. John's N.L. 721 1,267 -43.1 114,286,302 131,663,800
Bankruptcies 288 558 -48.4 34,646,840 50,274,411
Proposals 433 709 -38.9 79,639,462 81,389,389
Halifax N.S. 1,355 2,081 -34.9 95,237,802 138,405,874
Bankruptcies 589 1,084 -45.7 29,408,549 60,736,348
Proposals 766 997 -23.2 65,829,253 77,669,526
Moncton N.B. 678 1,062 -36.2 46,060,631 67,449,419
Bankruptcies 310 473 -34.5 12,490,467 27,801,790
Proposals 368 589 -37.5 33,570,164 39,647,629
Saint John N.B. 622 759 -18.1 50,284,001 65,092,831
Bankruptcies 279 386 -27.7 12,740,467 26,326,394
Proposals 343 373 -8.0 37,543,534 38,766,437
Saguenay Que. 572 947 -39.6 42,768,229 58,114,873
Bankruptcies 308 494 -37.7 19,454,789 33,688,704
Proposals 264 453 -41.7 23,313,440 24,426,169
Québec Que. 2,497 3,856 -35.2 195,631,073 247,158,358
Bankruptcies 1,101 1,951 -43.6 48,010,256 87,051,336
Proposals 1,396 1,905 -26.7 147,620,817 160,107,022
Sherbrooke Que. 662 1,051 -37.0 41,566,037 61,413,444
Bankruptcies 341 610 -44.1 14,577,814 30,535,410
Proposals 321 441 -27.2 26,988,223 30,878,034
Trois-Rivières Que. 601 941 -36.1 31,285,277 51,795,624
Bankruptcies 305 548 -44.3 10,161,243 19,628,715
Proposals 296 393 -24.7 21,124,034 32,166,909
Montréal Que. 11,632 19,116 -39.2 670,632,270 1,063,939,762
Bankruptcies 4,929 8,480 -41.9 123,737,046 403,556,916
Proposals 6,703 10,636 -37.0 546,895,224 660,382,846
Ottawa - Gatineau Ont./Que. 3,261 5,080 -35.8 203,653,704 296,139,725
Bankruptcies 1,148 1,943 -40.9 41,305,436 100,667,326
Proposals 2,113 3,137 -32.6 162,348,268 195,472,399
Kingston Ont. 418 572 -26.9 22,196,400 31,631,488
Bankruptcies 144 222 -35.1 3,331,692 9,834,464
Proposals 274 350 -21.7 18,864,708 21,797,024
Peterborough Ont. 249 413 -39.7 13,982,638 19,206,742
Bankruptcies 63 109 -42.2 2,312,323 7,546,156
Proposals 186 304 -38.8 11,670,315 11,660,586
Oshawa Ont. 1,056 1,513 -30.2 96,806,945 103,451,001
Bankruptcies 255 439 -41.9 7,312,572 19,552,147
Proposals 801 1,074 -25.4 89,494,373 83,898,854
Toronto Ont. 13,793 17,162 -19.6 788,777,560 1,256,013,267
Bankruptcies 3,094 4,641 -33.3 66,430,864 352,510,716
Proposals 10,699 12,521 -14.6 722,346,696 903,502,551
Hamilton Ont. 1,640 2,228 -26.4 91,207,613 140,127,841
Bankruptcies 458 700 -34.6 13,391,837 47,125,386
Proposals 1,182 1,528 -22.6 77,815,776 93,002,455
St. Catharines - Niagara Ont. 1,040 1,463 -28.9 52,024,478 82,258,929
Bankruptcies 350 547 -36.0 7,533,599 32,108,372
Proposals 690 916 -24.7 44,490,879 50,150,557
Kitchener Ont. 1,249 1,647 -24.2 58,141,391 94,258,289
Bankruptcies 335 551 -39.2 8,988,648 31,572,054
Proposals 914 1,096 -16.6 49,152,743 62,686,235
Brantford Ont. 341 467 -27.0 24,775,679 32,872,220
Bankruptcies 79 140 -43.6 3,051,389 8,233,539
Proposals 262 327 -19.9 21,724,290 24,638,681
Guelph Ont. 317 456 -30.5 15,253,848 22,685,388
Bankruptcies 93 188 -50.5 2,498,150 6,347,874
Proposals 224 268 -16.4 12,755,698 16,337,514
London Ont. 1,340 1,875 -28.5 62,830,098 93,887,563
Bankruptcies 402 632 -36.4 7,302,300 29,464,165
Proposals 938 1,243 -24.5 55,527,798 64,423,398
Windsor Ont. 835 1,122 -25.6 39,726,143 60,818,852
Bankruptcies 260 419 -37.9 4,903,511 19,069,342
Proposals 575 703 -18.2 34,822,632 41,749,510
Barrie Ont. 690 951 -27.4 49,378,543 61,811,632
Bankruptcies 162 280 -42.1 6,533,525 14,126,042
Proposals 528 671 -21.3 42,845,018 47,685,590
Greater Sudbury Ont. 687 964 -28.7 55,742,683 64,886,813
Bankruptcies 215 333 -35.4 7,880,814 17,053,400
Proposals 472 631 -25.2 47,861,869 47,833,413
Thunder Bay Ont. 295 384 -23.2 20,602,874 28,446,463
Bankruptcies 163 220 -25.9 6,150,260 12,891,844
Proposals 132 164 -19.5 14,452,614 15,554,619
Winnipeg Man. 1,621 2,044 -20.7 170,131,495 195,698,341
Bankruptcies 465 852 -45.4 24,103,364 54,126,659
Proposals 1,156 1,192 -3.0 146,028,131 141,571,682
Regina Sask. 661 948 -30.3 134,986,191 123,616,503
Bankruptcies 166 266 -37.6 25,170,726 32,388,813
Proposals 495 682 -27.4 109,815,465 91,227,690
Saskatoon Sask. 737 973 -24.3 111,823,439 112,063,903
Bankruptcies 274 376 -27.1 32,945,814 44,611,813
Proposals 463 597 -22.4 78,877,625 67,452,090
Calgary Alta. 4,183 5,422 -22.9 692,636,047 924,165,133
Bankruptcies 1,205 1,939 -37.9 154,512,350 372,454,570
Proposals 2,978 3,483 -14.5 538,123,697 551,710,563
Edmonton Alta. 4,146 5,272 -21.4 628,141,157 826,529,284
Bankruptcies 1,041 1,673 -37.8 122,182,401 284,886,813
Proposals 3,105 3,599 -13.7 505,958,756 541,642,471
Kelowna B.C. 431 575 -25.0 31,221,502 47,309,841
Bankruptcies 141 207 -31.9 4,547,369 15,109,607
Proposals 290 368 -21.2 26,674,133 32,200,234
Abbotsford B.C. 320 442 -27.6 22,914,682 35,370,425
Bankruptcies 109 161 -32.3 7,319,123 16,659,259
Proposals 211 281 -24.9 15,595,559 18,711,166
Vancouver B.C. 3,664 5,089 -28.0 168,450,760 334,877,973
Bankruptcies 1,066 1,643 -35.1 41,848,937 145,176,942
Proposals 2,598 3,446 -24.6 126,601,823 189,701,031
Victoria B.C. 789 1,051 -24.9 44,788,508 65,724,523
Bankruptcies 207 309 -33.0 6,347,425 18,116,512
Proposals 582 742 -21.6 38,441,083 47,608,011
Table 8: Insolvencies Filed by Businesses by CMA
- Province Volume 2020
2020 2019 % Change Assets Declared at the Time of Filing ($) Liabilities Declared at the Time of Filing ($)
St. John's N.L. 3 16 -81.3 3,942,781 14,248,086
Bankruptcies 3 14 -78.6 3,942,781 14,248,086
Proposals 0 2 -100.0 0 0
Halifax N.S. 10 29 -65.5 8,621,860 15,979,004
Bankruptcies 7 24 -70.8 8,611,660 15,202,690
Proposals 3 5 -40.0 10,200 776,314
Moncton N.B. 4 14 -71.4 145,690 552,285
Bankruptcies 2 11 -81.8 84,928 382,846
Proposals 2 3 -33.3 60,762 169,439
Saint John N.B. 3 5 -40.0 40,801 1,341,647
Bankruptcies 2 3 -33.3 28,300 1,021,744
Proposals 1 2 -50.0 12,501 319,903
Saguenay Que. 26 42 -38.1 4,573,596 11,218,332
Bankruptcies 22 36 -38.9 3,723,073 10,068,904
Proposals 4 6 -33.3 850,523 1,149,428
Québec Que. 176 211 -16.6 8,316,060 125,119,481
Bankruptcies 148 166 -10.8 7,345,990 60,388,971
Proposals 28 45 -37.8 970,070 64,730,510
Sherbrooke Que. 40 31 29.0 982,298 49,498,162
Bankruptcies 29 24 20.8 961,060 9,181,918
Proposals 11 7 57.1 21,238 40,316,244
Trois-Rivières Que. 34 48 -29.2 1,899,635 8,068,112
Bankruptcies 26 44 -40.9 1,864,362 5,290,503
Proposals 8 4 100.0 35,273 2,777,609
Montréal Que. 865 1,104 -21.6 76,922,496 1,435,468,774
Bankruptcies 669 829 -19.3 44,896,859 475,993,677
Proposals 196 275 -28.7 32,025,637 959,475,097
Ottawa - Gatineau Ont./Que. 107 176 -39.2 5,204,757 49,900,571
Bankruptcies 80 121 -33.9 2,769,132 39,526,124
Proposals 27 55 -50.9 2,435,625 10,374,447
Kingston Ont. 2 2 0.0 2,500 552,591
Bankruptcies 2 2 0.0 2,500 552,591
Proposals 0 0 n/a 0 0
Peterborough Ont. 1 2 -50.0 9,601 280,957
Bankruptcies 1 2 -50.0 9,601 280,957
Proposals 0 0 n/a 0 0
Oshawa Ont. 6 22 -72.7 126,304 9,747,885
Bankruptcies 3 17 -82.4 79,001 6,248,149
Proposals 3 5 -40.0 47,303 3,499,736
Toronto Ont. 446 443 0.7 186,344,293 1,173,591,262
Bankruptcies 316 316 0.0 134,765,807 947,782,777
Proposals 130 127 2.4 51,578,486 225,808,485
Hamilton Ont. 26 51 -49.0 1,607,273 12,446,632
Bankruptcies 19 45 -57.8 924,857 9,423,408
Proposals 7 6 16.7 682,416 3,023,224
St. Catharines - Niagara Ont. 11 26 -57.7 1,457,203 3,949,573
Bankruptcies 5 21 -76.2 181,653 1,188,034
Proposals 6 5 20.0 1,275,550 2,761,539
Kitchener Ont. 22 27 -18.5 6,033,359 114,321,238
Bankruptcies 14 19 -26.3 5,926,038 113,605,111
Proposals 8 8 0.0 107,321 716,127
Brantford Ont. 5 9 -44.4 990,584 17,928,470
Bankruptcies 4 5 -20.0 923,714 17,734,620
Proposals 1 4 -75.0 66,870 193,850
Guelph Ont. 11 3 266.7 713,019 12,418,085
Bankruptcies 7 1 600.0 559,991 11,535,257
Proposals 4 2 100.0 153,028 882,828
London Ont. 22 24 -8.3 5,621,087 34,911,059
Bankruptcies 6 16 -62.5 851,429 3,966,628
Proposals 16 8 100.0 4,769,658 30,944,431
Windsor Ont. 11 19 -42.1 1,034,945 3,065,748
Bankruptcies 7 15 -53.3 475,670 2,105,378
Proposals 4 4 0.0 559,275 960,370
Barrie Ont. 14 7 100.0 6,000,512 20,631,184
Bankruptcies 9 4 125.0 5,159,243 17,873,210
Proposals 5 3 66.7 841,269 2,757,974
Greater Sudbury Ont. 5 4 25.0 101,996 2,354,716
Bankruptcies 4 3 33.3 63,006 2,225,401
Proposals 1 1 0.0 38,990 129,315
Thunder Bay Ont. 1 3 -66.7 0 1,486,605
Bankruptcies 1 2 -50.0 0 1,486,605
Proposals 0 1 -100.0 0 0
Winnipeg Man. 17 23 -26.1 10,093,979 63,391,456
Bankruptcies 16 18 -11.1 9,440,895 62,292,858
Proposals 1 5 -80.0 653,084 1,098,598
Regina Sask. 14 43 -67.4 807,104 4,128,142
Bankruptcies 12 27 -55.6 695,002 3,704,366
Proposals 2 16 -87.5 112,102 423,776
Saskatoon Sask. 12 10 20.0 1,824,027 9,169,663
Bankruptcies 9 8 12.5 1,766,675 6,279,995
Proposals 3 2 50.0 57,352 2,889,668
Calgary Alta. 65 91 -28.6 46,417,306 305,258,905
Bankruptcies 46 66 -30.3 24,844,388 258,144,107
Proposals 19 25 -24.0 21,572,918 47,114,798
Edmonton Alta. 45 71 -36.6 19,398,374 172,112,032
Bankruptcies 39 49 -20.4 18,269,344 156,911,327
Proposals 6 22 -72.7 1,129,030 15,200,705
Kelowna B.C. 5 5 0.0 826,095 26,290,596
Bankruptcies 3 2 50.0 747,579 25,970,737
Proposals 2 3 -33.3 78,516 319,859
Abbotsford B.C. 2 4 -50.0 4,057 6,088,779
Bankruptcies 2 3 -33.3 4,057 6,088,779
Proposals 0 1 -100.0 0 0
Vancouver B.C. 83 69 20.3 60,801,996 916,472,456
Bankruptcies 50 52 -3.8 58,591,883 497,034,702
Proposals 33 17 94.1 2,210,113 419,437,754
Victoria B.C. 8 11 -27.3 90,305,175 138,737,915
Bankruptcies 8 9 -11.1 90,305,175 138,737,915
Proposals 0 2 -100.0 0 0