Values include both businesses that made an assignment in bankruptcy or against whom a bankruptcy order has been made, and businesses who made formal proposals to settle debts under conditions other than the existing terms under the under the Bankruptcy and Insolvency Act.
Values prior to 2019 taken from previous .
Citation formats
Business insolvencies in Canada by assets and liabilities 2012-2019
In 2019, Canadian businesses who filed for insolvency had combined outstanding liabilities of **** billion Canadian dollars at the time of filing. Meanwhile, their combined underlying assets amounted to * million Canadian dollars - just over *** percent of the total outstanding liabilities.
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Innovation, Science and Economic Development Canada. (May 25, 2020). Business insolvencies in Canada from 2012 to 2019, by assets and liabilities at the time of filing (in million Canadian dollars) [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 29, 2026, from /statistics/1116766/business-insolvencies-canada-assets-liabilities/
Innovation, Science and Economic Development Canada. "Business insolvencies in Canada from 2012 to 2019, by assets and liabilities at the time of filing (in million Canadian dollars)." Chart. May 25, 2020. ÌÇÐÄÆƽâ°æ. Accessed July 29, 2026. /statistics/1116766/business-insolvencies-canada-assets-liabilities/
Innovation, Science and Economic Development Canada. (2020). Business insolvencies in Canada from 2012 to 2019, by assets and liabilities at the time of filing (in million Canadian dollars). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 29, 2026. /statistics/1116766/business-insolvencies-canada-assets-liabilities/
Innovation, Science and Economic Development Canada. "Business Insolvencies in Canada from 2012 to 2019, by Assets and Liabilities at The Time of Filing (in Million Canadian Dollars)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 25 May 2020, /statistics/1116766/business-insolvencies-canada-assets-liabilities/
Innovation, Science and Economic Development Canada, Business insolvencies in Canada from 2012 to 2019, by assets and liabilities at the time of filing (in million Canadian dollars) ÌÇÐÄÆƽâ°æ, /statistics/1116766/business-insolvencies-canada-assets-liabilities/ (last visited July 29, 2026)
Business insolvencies in Canada from 2012 to 2019, by assets and liabilities at the time of filing (in million Canadian dollars) [Graph], Innovation, Science and Economic Development Canada, May 25, 2020. [Online]. Available: /statistics/1116766/business-insolvencies-canada-assets-liabilities/
