Insolvency Statistics in Canada — 2020 (Tables 9 to 11)

Table 9: Receiverships
- Volume Declared Assets ($) 2020
2020 2019 % Change
Newfoundland and Labrador 11 15 -26.7 375,162,777
Court appointed 4 2 100.0 346,670,040
Privately appointed 7 13 -46.2 28,492,737
Prince Edward Island 0 2 -100.0 0
Court appointed 0 0 n/a 0
Privately appointed 0 2 -100.0 0
Nova Scotia 10 24 -58.3 13,675,984
Court appointed 4 6 -33.3 8,818,706
Privately appointed 6 18 -66.7 4,857,278
New Brunswick 11 17 -35.3 86,990,417
Court appointed 4 0 n/a 83,941,000
Privately appointed 7 17 -58.8 3,049,417
Quebec 36 47 -23.4 2,543,475
Court appointed 36 47 -23.4 2,543,475
Privately appointed 0 0 n/a 0
Ontario 212 209 1.4 2,160,900,448
Court appointed 158 144 9.7 2,146,748,936
Privately appointed 54 65 -16.9 14,151,512
Manitoba 21 12 75.0 394,056,575
Court appointed 14 9 55.6 380,526,445
Privately appointed 7 3 133.3 13,530,130
Saskatchewan 11 13 -15.4 84,073,764
Court appointed 10 12 -16.7 83,976,264
Privately appointed 1 1 0.0 97,500
Alberta 133 113 17.7 1,037,260,105
Court appointed 126 95 32.6 1,030,519,290
Privately appointed 7 18 -61.1 6,740,815
British Columbia 49 26 88.5 74,037,764
Court appointed 23 19 21.1 24,358,295
Privately appointed 26 7 271.4 49,679,469
Northwest Territories 0 0 n/a 0
Court appointed 0 0 n/a 0
Privately appointed 0 0 n/a 0
Yukon 0 0 n/a 0
Court appointed 0 0 n/a 0
Privately appointed 0 0 n/a 0
Nunavut 0 0 n/a 0
Court appointed 0 0 n/a 0
Privately appointed 0 0 n/a 0
Canada 494 478 3.3 4,228,701,309
Court appointed 379 334 13.5 4,108,102,451
Privately appointed 115 144 -20.1 120,598,858
Table 10: Consolidation of All Files Closed in 2020
- Number of Files Assets ($) Liabilities ($) Deficit ($) Total Receipts ($) Administrative Expenses ($) Dividends ($)
Newfoundland and Labrador 2,148 264,242,590 422,581,088 157,531,518 18,892,199 9,106,828 9,785,371
Bankruptcies 1,573 162,390,657 311,798,179 148,600,543 11,748,986 6,757,690 4,991,296
Proposals 575 101,851,933 110,782,908 8,930,975 7,143,213 2,349,137 4,794,076
Prince Edward Island 654 52,255,503 100,332,409 48,076,906 5,921,516 2,726,366 3,195,150
Bankruptcies 405 30,202,847 72,369,989 42,167,143 2,573,149 1,625,793 947,356
Proposals 249 22,052,657 27,962,420 5,909,763 3,348,366 1,100,573 2,247,793
Nova Scotia 5,075 428,667,080 625,065,837 193,256,222 44,737,659 20,824,528 23,913,130
Bankruptcies 3,516 226,967,699 405,717,268 178,749,568 22,342,178 13,622,392 8,719,786
Proposals 1,559 201,699,381 219,348,569 14,506,653 22,395,481 7,202,136 15,193,345
New Brunswick 3,789 327,923,294 490,031,275 152,428,289 45,756,931 21,624,614 24,132,317
Bankruptcies 2,193 131,203,700 251,276,479 119,167,184 21,678,501 14,314,869 7,363,632
Proposals 1,596 196,719,594 238,754,795 33,261,105 24,078,430 7,309,746 16,768,685
Quebec 45,501 3,760,036,930 6,334,268,056 2,448,200,927 489,317,037 234,093,508 255,223,529
Bankruptcies 24,857 1,163,380,831 2,875,678,041 1,712,015,533 166,063,050 112,106,050 53,957,000
Proposals 20,644 2,596,656,099 3,458,590,015 736,185,394 323,253,987 121,987,458 201,266,529
Ontario 39,115 2,985,058,947 5,678,201,754 2,668,150,437 485,965,018 191,760,271 294,204,747
Bankruptcies 16,686 754,746,884 2,971,515,424 2,216,768,540 131,758,278 77,657,816 54,100,462
Proposals 22,429 2,230,312,063 2,706,686,330 451,381,897 354,206,740 114,102,455 240,104,285
Manitoba 2,483 226,504,354 343,073,666 116,569,311 31,556,642 12,647,884 18,908,758
Bankruptcies 1,576 106,966,616 220,579,694 113,613,077 15,352,309 8,129,545 7,222,765
Proposals 907 119,537,738 122,493,972 2,956,234 16,204,333 4,518,340 11,685,993
Saskatchewan 2,934 431,892,080 506,020,410 74,128,330 30,777,816 11,984,293 18,793,523
Bankruptcies 1,773 206,342,282 295,359,044 89,016,762 12,616,083 6,625,117 5,990,966
Proposals 1,161 225,549,798 210,661,366 -14,888,432 18,161,734 5,359,176 12,802,557
Alberta 12,085 1,863,428,232 2,711,849,680 846,751,302 164,565,026 61,888,414 102,676,613
Bankruptcies 5,356 690,581,994 1,403,290,145 712,706,152 60,318,601 30,525,390 29,793,211
Proposals 6,729 1,172,846,238 1,308,559,535 134,045,150 104,246,425 31,363,023 72,883,402
British Columbia 10,193 825,867,997 1,749,977,150 924,109,153 135,672,664 50,934,194 84,738,470
Bankruptcies 4,891 297,532,940 979,901,351 682,368,410 48,369,726 25,439,633 22,930,093
Proposals 5,302 528,335,056 770,075,799 241,740,743 87,302,938 25,494,561 61,808,377
Northwest Territories 61 4,337,928 9,233,780 4,895,852 843,390 276,281 567,109
Bankruptcies 33 1,319,852 5,206,518 3,886,666 370,515 139,736 230,779
Proposals 28 3,018,076 4,027,262 1,009,186 472,875 136,545 336,330
Yukon 37 6,121,897 7,088,468 966,571 625,803 196,172 429,631
Bankruptcies 17 923,117 2,162,239 1,239,122 175,443 72,001 103,443
Proposals 20 5,198,781 4,926,229 -272,552 450,360 124,172 326,189
Nunavut 5 1,007,018 1,437,440 430,422 1,057,006 105,597 951,409
Bankruptcies 1 957,517 1,305,632 348,115 1,017,142 91,470 925,673
Proposals 4 49,501 131,808 82,307 39,864 14,127 25,737
Canada 124,080 11,177,343,851 18,979,161,011 7,635,495,239 1,455,688,706 618,168,950 837,519,757
Bankruptcies 62,877 3,773,516,935 9,796,160,003 6,020,646,815 494,383,961 297,107,502 197,276,459
Proposals 61,203 7,403,826,915 9,183,001,009 1,614,848,424 961,304,745 321,061,448 640,243,297
Table 11: Consumer Debtors Profile
- Distribution of Insolvency Files (%)
Age Group (Years) Sex
18 to 24 25 to 29 30 to 34 35 to 39 40 to 44 45 to 49 50 to 54 55 to 59 60 to 64 65 and older Women Men
Newfoundland and Labrador 1.9 7.7 10.7 13.4 14.0 13.8 11.1 9.2 6.3 11.9 52.4 47.6
Prince Edward Island 6.1 12.9 11.7 10.8 14.3 11.3 8.0 7.7 4.7 12.4 53.3 46.7
Nova Scotia 3.3 9.8 12.3 12.6 11.0 11.2 10.6 10.3 6.8 12.2 52.4 47.6
New Brunswick 4.3 8.7 12.3 11.8 12.1 11.8 10.6 8.6 6.7 13.1 49.7 50.3
Quebec 4.6 8.9 10.4 11.4 12.1 10.7 9.5 9.9 7.4 15.2 45.7 54.3
Ontario 4.2 9.6 12.4 12.5 12.0 11.3 10.5 9.6 7.2 10.9 49.6 50.4
Manitoba 2.4 8.3 12.4 14.2 13.6 11.4 10.2 10.2 7.5 9.9 48.6 51.4
Saskatchewan 1.7 7.6 11.1 15.8 15.2 12.5 9.8 9.9 6.7 9.6 47.6 52.4
Alberta 2.0 6.7 11.8 16.6 15.6 12.8 10.8 8.6 6.8 8.3 47.0 53.0
British Columbia 2.6 8.5 12.6 13.7 12.3 11.2 10.6 9.6 6.8 12.1 49.1 50.9
Northwest Territories 0 6.4 14.9 17.0 12.8 10.6 2.1 14.9 10.6 10.6 57.4 42.6
Yukon 0 11.1 5.6 22.2 11.1 13.9 16.7 2.8 5.6 11.1 47.2 52.8
Nunavut 0 8.3 0 8.3 25.0 25.0 8.3 8.3 0 16.7 58.3 41.7
Canada 3.7 8.8 11.7 13.0 12.7 11.4 10.2 9.5 7.1 11.9 48.2 51.8