Insolvency Statistics in Canada — 2021 (Table 6)

Table 6: Insolvencies Filed by Businesses by ER
- Volume 2021
2021 2020 % Change Assets Declared at the Time of Filing ($) Liabilities Declared at the Time of Filing ($)
Newfoundland and Labrador 12 10 20.0 23,924,766 54,937,568
Bankruptcies
 11 10 10.0 23,924,766 54,937,568
Proposals
 1 0 -- 0 0
Avalon Peninsula
 9 6 50.0 234,059 5,464,329
Bankruptcies
 8 6 33.3 234,059 5,464,329
Proposals
 1 0 -- 0 0
South Coast - Burin Peninsula
 0 0 -- 0 0
Bankruptcies
 0 0 -- 0 0
Proposals
 0 0 -- 0 0
West Coast - Northern Peninsula - Labrador
 2 1 100.0 23,665,628 49,031,076
Bankruptcies
 2 1 100.0 23,665,628 49,031,076
Proposals
 0 0 -- 0 0
Notre Dame - Central Bonavista Bay
 1 3 -66.7 25,080 442,163
Bankruptcies
 1 3 -66.7 25,080 442,163
Proposals
 0 0 -- 0 0
Prince Edward Island 4 2 100.0 3,783,405 28,843,579
Bankruptcies
 3 1 200.0 3,783,404 28,800,177
Proposals
 1 1 0.0 1 43,402
Nova Scotia 17 19 -10.5 11,360,888 20,351,716
Bankruptcies
 13 16 -18.8 10,591,922 16,106,244
Proposals
 4 3 33.3 768,966 4,245,472
Cape Breton
 2 2 0.0 578,744 658,177
Bankruptcies
 2 2 0.0 578,744 658,177
Proposals
 0 0 -- 0 0
North Shore
 1 3 -66.7 1,617,994 1,742,855
Bankruptcies
 1 3 -66.7 1,617,994 1,742,855
Proposals
 0 0 -- 0 0
Annapolis Valley
 2 2 0.0 31,244 280,242
Bankruptcies
 2 2 0.0 31,244 280,242
Proposals
 0 0 -- 0 0
Southern
 2 2 0.0 83,939 308,121
Bankruptcies
 1 2 -50.0 78,939 153,982
Proposals
 1 0 -- 5,000 154,139
Halifax
 9 9 0.0 9,048,967 17,362,321
Bankruptcies
 6 7 -14.3 8,285,001 13,270,988
Proposals
 3 2 50.0 763,966 4,091,333
New Brunswick 12 24 -50.0 1,686,011 11,337,211
Bankruptcies
 10 16 -37.5 1,686,010 7,980,365
Proposals
 2 8 -75.0 1 3,356,846
Campbellton - Miramichi
 3 9 -66.7 618,905 2,225,946
Bankruptcies
 3 6 -50.0 618,905 2,225,946
Proposals
 0 3 -100.0 0 0
Moncton - Richibucto
 3 4 -25.0 75,360 3,798,021
Bankruptcies
 2 2 0.0 75,359 441,175
Proposals
 1 2 -50.0 1 3,356,846
Saint John - St. Stephen
 2 3 -33.3 171,245 2,149,120
Bankruptcies
 2 2 0.0 171,245 2,149,120
Proposals
 0 1 -100.0 0 0
Fredericton - Oromocto
 3 0 -- 820,501 3,164,124
Bankruptcies
 3 0 -- 820,501 3,164,124
Proposals
 0 0 -- 0 0
Edmundston - Woodstock
 1 8 -87.5 0 0
Bankruptcies
 0 6 -100.0 0 0
Proposals
 1 2 -50.0 0 0
Quebec 1,530 1,599 -4.3 219,685,153 1,637,304,875
Bankruptcies
 1,260 1,258 0.2 191,556,965 1,328,307,739
Proposals
 270 341 -20.8 28,128,188 308,997,136
Gaspésie - Îles-de-la-Madeleine
 10 11 -9.1 367,187 1,833,443
Bankruptcies
 8 9 -10.7 350,652 1,696,222
Proposals
 2 2 1.6 16,535 137,221
Bas-Saint-Laurent
 23 37 -37.8 2,710,045 13,489,924
Bankruptcies
 15 29 -47.8 150,472 2,383,979
Proposals
 8 8 1.2 2,559,573 11,105,945
Capitale-Nationale
 141 150 -6.0 8,994,840 43,176,454
Bankruptcies
 112 125 -10.5 7,755,572 32,802,207
Proposals
 29 25 16.8 1,239,268 10,374,247
Chaudière - Appalaches
 80 89 -10.1 8,401,517 36,715,674
Bankruptcies
 66 75 -12.6 4,394,588 22,056,826
Proposals
 14 14 1.2 4,006,929 14,658,847
Estrie
 33 57 -42.1 3,734,428 51,637,641
Bankruptcies
 28 41 -30.8 3,395,815 39,210,301
Proposals
 5 16 -68.8 338,613 12,427,340
Centre-du-Québec
 45 53 -15.1 7,071,837 26,743,694
Bankruptcies
 43 40 8.4 1,402,908 15,320,994
Proposals
 2 13 -84.6 5,668,929 11,422,701
Montérégie
 239 276 -13.4 10,343,125 141,818,248
Bankruptcies
 202 229 -12.0 7,622,867 87,934,905
Proposals
 37 47 -20.9 2,720,258 53,883,342
Montréal
 495 478 3.6 145,514,426 1,029,094,299
Bankruptcies
 393 345 13.8 141,316,169 908,996,247
Proposals
 102 133 -23.3 4,198,257 120,098,052
Laval
 92 86 7.0 10,268,358 104,492,727
Bankruptcies
 71 66 7.3 9,130,666 84,625,720
Proposals
 21 20 5.5 1,137,692 19,867,007
Lanaudière
 80 59 35.6 5,011,482 46,339,253
Bankruptcies
 66 52 27.8 4,015,876 19,666,707
Proposals
 14 7 101.4 995,606 26,672,547
Laurentides
 117 104 12.5 2,429,151 33,717,882
Bankruptcies
 110 90 22.2 2,166,103 29,223,771
Proposals
 7 14 -49.5 263,048 4,494,111
Outaouais
 55 47 17.0 1,638,890 26,612,242
Bankruptcies
 50 35 43.7 1,590,814 26,150,998
Proposals
 5 12 -58.1 48,077 461,244
Abitibi - Témiscamingue
 24 29 -17.2 2,011,851 20,192,142
Bankruptcies
 23 25 -6.8 1,850,432 19,648,257
Proposals
 1 4 -75.0 161,419 543,885
Mauricie
 43 55 -21.8 3,208,660 24,386,639
Bankruptcies
 32 42 -23.1 2,965,138 23,037,515
Proposals
 11 13 -14.9 243,522 1,349,124
Saguenay - Lac-Saint-Jean
 37 44 -15.9 6,775,481 28,387,683
Bankruptcies
 30 36 -16.0 2,566,345 11,746,258
Proposals
 7 8 -12.5 4,209,135 16,641,425
Côte-Nord
 5 11 -54.5 823,589 6,198,665
Bankruptcies
 4 10 -59.3 823,588 1,965,722
Proposals
 1 1 0.0 1 4,232,944
Nord-du-Québec
3 2 50.0 380,286 2,468,264
Bankruptcies
 2 2 0.0 58,959 1,841,110
Proposals
 1 0 -- 321,326 627,154
Ontario 613 759 -19.2 244,636,067 1,887,780,886
Bankruptcies
 447 536 -16.6 232,596,821 1,822,203,407
Proposals
 166 223 -25.6 12,039,246 65,577,479
Ottawa
 66 80 -17.5 8,913,774 20,653,807
Bankruptcies
 50 62 -19.8 8,126,628 18,240,439
Proposals
 16 18 -10.8 787,146 2,413,368
Kingston - Pembroke
 8 10 -20.0 1,575,632 10,085,493
Bankruptcies
 4 8 -49.2 1,098,297 9,131,255
Proposals
 4 2 100.0 477,335 954,237
Muskoka - Kawarthas
 5 14 -64.3 17,520 10,903,111
Bankruptcies
 5 11 -54.0 17,520 10,903,111
Proposals
 0 3 -100.0 0 0
Toronto
 374 462 -19.0 154,420,969 1,188,036,363
Bankruptcies
 280 326 -14.2 149,939,444 1,138,268,000
Proposals
 94 136 -30.8 4,481,525 49,768,363
Kitchener - Waterloo - Barrie
 32 58 -44.8 490,069 8,760,969
Bankruptcies
 23 38 -38.4 316,935 7,536,546
Proposals
 9 20 -54.5 173,134 1,224,423
Hamilton - Niagara Peninsula
 54 45 20.0 56,289,252 104,859,603
Bankruptcies
 35 31 13.9 52,463,347 98,121,430
Proposals
 19 14 37.2 3,825,904 6,738,173
London
 24 26 -7.7 1,647,062 4,995,755
Bankruptcies
 15 7 115.2 262,713 2,824,675
Proposals
 9 19 -52.4 1,384,349 2,171,080
Windsor - Sarnia
 24 25 -4.0 20,121,198 350,257,361
Bankruptcies
 20 19 6.5 20,010,815 349,718,275
Proposals
 4 6 -32.5 110,383 539,086
Stratford - Bruce Peninsula
 7 13 -46.2 242,273 1,070,552
Bankruptcies
 6 11 -44.9 184,752 844,931
Proposals
 1 2 -50.0 57,521 225,621
Northeast
 14 11 27.3 833,282 187,745,570
Bankruptcies
 10 9 13.8 91,333 186,202,443
Proposals
 4 2 102.6 741,949 1,543,127
Northwest
 2 8 -75.0 85,037 412,302
Bankruptcies
 2 5 -58.8 85,037 412,302
Proposals
 0 3 -100.0 0 0
Manitoba 31 35 -11.4 27,281,585 59,163,211
Bankruptcies
 25 28 -10.7 25,880,937 54,623,549
Proposals
 6 7 -14.3 1,400,648 4,539,662
Southeast
 1 1 0.0 565,412 519,257
Bankruptcies
 0 1 -100.0 0 0
Proposals
 1 0 -- 565,412 519,257
South Central
 1 1 0.0 205,959 464,910
Bankruptcies
 1 1 0.0 205,959 464,910
Proposals
 0 0 -- 0 0
Southwest
 5 7 -28.6 385,030 2,406,059
Bankruptcies
 5 7 -28.6 385,030 2,406,059
Proposals
 0 0 -- 0 0
North Central
 1 1 0.0 14,287 93,712
Bankruptcies
 1 1 0.0 14,287 93,712
Proposals
 0 0 -- 0 0
Winnipeg
 15 16 -6.3 24,833,364 49,481,649
Bankruptcies
 10 15 -33.3 23,998,128 45,461,244
Proposals
 5 1 400.0 835,236 4,020,405
Interlake
 3 1 200.0 581,260 2,626,403
Bankruptcies
 3 1 200.0 581,260 2,626,403
Proposals
 0 0 -- 0 0
Parklands
 3 1 200.0 696,273 3,571,221
Bankruptcies
 3 1 200.0 696,273 3,571,221
Proposals
 0 0 -- 0 0
North
 0 2 -100.0 0 0
Bankruptcies
 0 1 -100.0 0 0
Proposals
 0 1 -100.0 0 0
Saskatchewan 48 49 -2.0 3,480,099 74,064,390
Bankruptcies
 36 40 -10.0 2,502,720 69,271,811
Proposals
 12 9 33.3 977,379 4,792,579
Regina - Moose Mountain
 10 15 -33.3 305,095 4,787,814
Bankruptcies
 8 13 -38.5 292,194 4,340,701
Proposals
 2 2 0.0 12,901 447,113
Swift Current - Moose Jaw
 5 7 -28.6 410,608 1,274,894
Bankruptcies
 5 5 0.0 410,608 1,274,894
Proposals
 0 2 -100.0 0 0
Saskatoon - Biggar
 19 16 18.8 1,363,608 63,327,669
Bankruptcies
 16 13 23.1 1,067,878 60,886,695
Proposals
 3 3 0.0 295,730 2,440,974
Yorkton - Melville
 2 6 -66.7 2 631,632
Bankruptcies
 0 6 -100.0 0 0
Proposals
 2 0 -- 2 631,632
Prince Albert
 11 5 120.0 1,400,786 4,042,381
Bankruptcies
 6 3 100.0 732,040 2,769,521
Proposals
 5 2 150.0 668,746 1,272,860
Northern
 0 0 -- 0 0
Bankruptcies
 0 0 -- 0 0
Proposals
 0 0 -- 0 0
Alberta 139 160 -13.1 34,920,569 278,240,434
Bankruptcies
 88 122 -27.9 22,897,290 174,834,810
Proposals
 51 38 34.2 12,023,279 103,405,624
Lethbridge - Medicine Hat
 5 2 150.0 7,391,303 17,657,828
Bankruptcies
 5 2 156.0 7,391,303 17,657,828
Proposals
 0 0 -- 0 0
Camrose - Drumheller
 4 3 33.3 1,391,203 2,083,453
Bankruptcies
 2 1 100.0 1,293,671 1,688,201
Proposals
 2 2 0.0 97,532 395,252
Calgary
 56 67 -16.4 17,594,488 212,652,995
Bankruptcies
 45 49 -8.3 10,984,384 125,069,348
Proposals
 11 18 -38.9 6,610,104 87,583,647
Banff - Jasper - Rocky Mountain House
 2 7 -71.4 9,680 235,289
Bankruptcies
 1 4 -75.0 7,116 168,179
Proposals
 1 3 -66.7 2,564 67,110
Red Deer
 1 6 -83.3 39,665 327,376
Bankruptcies
 1 4 -75.0 39,665 327,376
Proposals
 0 2 -100.0 0 0
Edmonton
 56 51 9.8 8,011,904 41,685,310
Bankruptcies
 26 43 -39.9 2,756,142 26,827,199
Proposals
 30 8 275.0 5,255,762 14,858,112
Athabasca - Grande Prairie - Peace River
 10 11 -9.1 270,888 1,903,193
Bankruptcies
 5 9 -44.4 213,571 1,401,689
Proposals
 5 2 150.0 57,318 501,504
Wood Buffalo - Cold Lake
 3 10 -70.0 211,438 1,694,989
Bankruptcies
 3 8 -61.0 211,438 1,694,989
Proposals
 0 2 -100.0 0 0
British Columbia 74 128 -42.2 25,550,081 173,597,596
Bankruptcies
 49 80 -38.8 15,344,099 135,374,993
Proposals
 25 48 -47.9 10,205,982 38,222,603
Vancouver Island and Coast
 3 12 -75.0 261,690 1,681,114
Bankruptcies
 1 12 -91.7 176,497 1,131,322
Proposals
 2 0 -- 85,193 549,792
Lower Mainland - Southwest
 8 93 -91.4 12,860,236 128,698,476
Bankruptcies
 6 56 -90.1 12,743,509 124,583,360
Proposals
 2 37 -94.6 116,728 4,115,116
Thompson - Okanagan
 48 13 269.2 1,345,614 9,414,843
Bankruptcies
 35 4 771.4 695,540 5,068,378
Proposals
 13 9 44.4 650,075 4,346,465
Kootenay
 14 2 600.0 0 0
Bankruptcies
 7 2 228.6 0 0
Proposals
 7 0 -- 0 0
Cariboo
 0 3 -100.0 1,261,349 1,931,679
Bankruptcies
 0 2 -100.0 1,261,349 1,931,679
Proposals
 0 1 -100.0 0 0
North Coast
 1 0 -- 9,171,660 28,678,860
Bankruptcies
 1 0 -- 0 0
Proposals
 0 0 -- 9,171,660 28,678,860
Nechako
 1 2 -50.0 177,312 297,496
Bankruptcies
 0 2 -100.0 0 0
Proposals
 1 0 -- 177,312 297,496
Northeast
 1 0 -- 472,219 2,895,128
Bankruptcies
 0 0 -- 467,205 2,660,254
Proposals
 1 0 -- 5,014 234,874
Northwest Territories 0 0 -- 0 0
Bankruptcies
 0 0 -- 0 0
Proposals
 0 0 -- 0 0
Yukon 0 0 -- 0 0
Bankruptcies
 0 0 -- 0 0
Proposals
 0 0 -- 0 0
Nunavut 0 1 -100.0 0 0
Bankruptcies
 0 1 -100.0 0 0
Proposals
 0 0 -- 0 0
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