Bankruptcies in Canada increased to 157 Companies in February from 129 Companies in January of 2021. source: Statistics Canada

Bankruptcies in Canada averaged 359.21 Companies from 2004 until 2021, reaching an all time high of 872 Companies in March of 2004 and a record low of 108 Companies in April of 2020. This page provides - Canada Bankruptcies - actual values, historical data, forecast, chart, statistics, economic calendar and news. Canada Bankruptcies - values, historical data and charts - was last updated on May of 2021.

Bankruptcies in Canada is expected to be 160.00 Companies by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Bankruptcies in Canada to stand at 210.00 in 12 months time. In the long-term, the Canada Bankruptcies is projected to trend around 220.00 Companies in 2022, according to our econometric models.

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Canada Bankruptcies

Actual Previous Highest Lowest Dates Unit Frequency
157.00 129.00 872.00 108.00 2004 - 2021 Companies Monthly
Volume, NSA

Canada Business Last Previous Highest Lowest Unit
Business Confidence 60.60 72.90 75.00 22.80 points [+]
Manufacturing PMI 57.20 58.50 58.50 33.00 points [+]
Industrial Production -4.09 -1.95 10.26 -20.21 percent [+]
Industrial Production Mom 1.70 0.50 6.20 -15.40 percent [+]
Manufacturing Production -3.27 -1.45 11.77 -29.17 percent [+]
Capacity Utilization 79.20 77.40 87.30 71.40 percent [+]
New Orders 57801104.00 54410588.00 62845337.00 14816411.00 CAD THO [+]
Changes in Inventories 1721.00 -36808.00 29175.00 -36808.00 CAD Million [+]
Bankruptcies 157.00 129.00 872.00 108.00 Companies [+]
Corporate Profits 82529.00 76478.00 109413.00 -758.00 CAD Million [+]
Car Registrations 173485.00 115322.00 220436.00 19807.00 Units [+]
Leading Economic Index 0.40 0.70 6.20 -11.40 percent [+]
Internet Speed 16205.66 14855.09 16205.66 3293.95 KBps [+]
IP Addresses 15582991.00 15135509.00 15582991.00 8092964.00 IP [+]
Wholesale Sales 2.80 -0.90 19.30 -22.00 percent [+]
Steel Production 1070.00 885.00 1534.00 349.00 Thousand Tonnes [+]
Crude Oil Rigs 108.00 171.00 715.00 18.00 [+]
Corruption Index 77.00 77.00 92.00 77.00 Points [+]
Corruption Rank 11.00 12.00 14.00 5.00 [+]
Competitiveness Index 79.59 79.92 80.00 5.20 Points [+]
Competitiveness Rank 14.00 12.00 15.00 9.00 [+]
Business Climate Indicator 2.87 1.30 2.97 -8.23 points [+]
Ease of Doing Business 23.00 22.00 23.00 8.00 [+]
Manufacturing Sales 3.50 -1.10 23.10 -27.90 percent [+]
Mining Production -2.34 -3.79 24.92 -18.40 percent [+]


Canada Bankruptcies
In Canada, bankruptcies account for insolvent corporations who cannot repay their debts to creditors and carry on with their business.