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 |