Figure 7: Privately Appointed Receiverships in Canada by Volume
20 30 40 50 60
0 10
Jan Feb Mar
Apr
May
Jun
Jul
Aug Sep Oct
Nov
Dec
2019
2021
2020
2022
2023
Even though the number of receiverships is comparable to 2019 and 2020 levels, the total dollar value of declared assets in receiverships in 2023 is well below 2019 and 2020 levels. Specifically, $2.48 billion assets were declared in 2023, but $5.73 billion and $4.23 billion assets were declared in 2019 and 2020 respectively. This data indicates a 56.7% decrease from 2019 and a 41.4% decrease from 2020.
Figure 8: Receiverships in Canada by Value of Declared Assets ($)
0 500,000,000 1,000,000,000 1,500,000,000 2,000,000,000 2,500,000,000 3,000,000,000 3,500,000,000 4,000,000,000 4,500,000,000
Jan Feb Mar
Apr
May Jun Jul
Aug Sep Oct
Nov Dec
2019
2021
2020
2022
2023
The provinces that experienced the highest number of receiverships in 2023 were Ontario, Alberta, British Columbia and Québec. The top three jurisdictions for the number of receiverships were Ontario, Alberta and British Columbia — this is consistent with historical trends, though Québec saw a much higher number of receiverships in 2023. Québec’s annual total was 47 receiverships, when its annual totals for 2022 and 2021 were 9 and 11 respectively.
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Davies | dwpv.com
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