Province comparison

Licensed Insolvency Trustee Licensing by Province

Regulated in 1 of 14NOC 11100Updated

Licence status by province and territory

Where licensed insolvency trustees need a licence

Boundaries simplified for display. Contains information licensed under the Open Government Licence – Canada. Source: Statistics Canada, 2021 Census boundary files.

  • Licence required
  • Not confirmed yet
  • British Columbia: Not confirmed yet
  • Alberta: Not confirmed yet
  • Saskatchewan: Not confirmed yet
  • Manitoba: Not confirmed yet
  • Ontario: Not confirmed yet
  • Quebec: Not confirmed yet
  • New Brunswick: Not confirmed yet
  • Nova Scotia: Not confirmed yet
  • Prince Edward Island: Not confirmed yet
  • Newfoundland and Labrador: Not confirmed yet
  • Yukon: Not confirmed yet
  • Northwest Territories: Not confirmed yet
  • Nunavut: Not confirmed yet
  • Federal (all of Canada): Licence required
Licensed insolvency trustee: licence status, regulator and guide in each jurisdiction
WhereLicence statusRegulatorGuide
British Columbia Not confirmed yet — —
Alberta Not confirmed yet — —
Saskatchewan Not confirmed yet — —
Manitoba Not confirmed yet — —
Ontario Not confirmed yet — —
Quebec Not confirmed yet — —
New Brunswick Not confirmed yet — —
Nova Scotia Not confirmed yet — —
Prince Edward Island Not confirmed yet — —
Newfoundland and Labrador Not confirmed yet — —
Yukon Not confirmed yet — —
Northwest Territories Not confirmed yet — —
Nunavut Not confirmed yet — —
Federal (all of Canada) Licence required Office of the Superintendent of Bankruptcy Read the guide for Federal (all of Canada)

What the federal guide lists

1 of 14 jurisdictions has a full guide that lists the regulator's steps. Listed fees and time count only what the regulator states; steps without a listed fee or time are not included.

The federal guide lists no one-time fees and does not state a time for every step.

Routes, exams, language, listed fees and time, median wage and outlook in the federal guide
WhereRoutesExamsLanguage Listed feesListed timeMedian wageOutlook
Federal (all of Canada) Trained in Canada CIRP National Insolvency Exam, Oral Board of Examination, Competency-Based National Insolvency Examination — Not listed — $40.36 an hour —

Demand and pay

Job Bank figures for NOC 11100, Financial auditors and accountants. Wages for 2023-2024 in Canadian dollars an hour; outlook for 2025-2027.

Median wage

Median hourly wage for licensed insolvency trustees by province and territoryCanada: $40.36 (low $25.00, high $71.43). British Columbia: $40.00 (low $25.64, high $66.11). Alberta: $43.27 (low $27.70, high $72.12). Saskatchewan: $41.50 (low $24.00, high $65.38). Manitoba: $35.00 (low $23.59, high $63.46). Ontario: $40.87 (low $24.73, high $72.12). Quebec: $40.00 (low $24.62, high $66.67). New Brunswick: $35.00 (low $20.67, high $58.97). Nova Scotia: $36.54 (low $21.15, high $57.69). Prince Edward Island: $40.00 (low $24.10, high $61.25). Newfoundland and Labrador: $39.01 (low $21.63, high $60.56). Yukon: $45.60 (low $30.81, high $63.78). Northwest Territories: $53.00 (low $28.85, high $58.97). Nunavut: $66.43 (low $45.42, high $90.40).$0$25$50$75$100Canada: $40.36 (low $25.00, high $71.43)Canada$40.36British Columbia: $40.00 (low $25.64, high $66.11)British Columbia$40.00Alberta: $43.27 (low $27.70, high $72.12)Alberta$43.27Saskatchewan: $41.50 (low $24.00, high $65.38)Saskatchewan$41.50Manitoba: $35.00 (low $23.59, high $63.46)Manitoba$35.00Ontario: $40.87 (low $24.73, high $72.12)Ontario$40.87Quebec: $40.00 (low $24.62, high $66.67)Quebec$40.00New Brunswick: $35.00 (low $20.67, high $58.97)New Brunswick$35.00Nova Scotia: $36.54 (low $21.15, high $57.69)Nova Scotia$36.54Prince Edward Island: $40.00 (low $24.10, high $61.25)Prince Edward Island$40.00Newfoundland and Labrador: $39.01 (low $21.63, high $60.56)Newfoundland and Labrador$39.01Yukon: $45.60 (low $30.81, high $63.78)Yukon$45.60Northwest Territories: $53.00 (low $28.85, high $58.97)Northwest Territories$53.00Nunavut: $66.43 (low $45.42, high $90.40)Nunavut$66.43
Bars show the median wage. Lines run from the low to the high wage, which are Job Bank’s 10th and 90th percentiles. Grey is all of Canada.
Median hourly wage for licensed insolvency trustees by province and territory (table)
WhereLowMedianHigh
Canada$25.00$40.36$71.43
British Columbia$25.64$40.00$66.11
Alberta$27.70$43.27$72.12
Saskatchewan$24.00$41.50$65.38
Manitoba$23.59$35.00$63.46
Ontario$24.73$40.87$72.12
Quebec$24.62$40.00$66.67
New Brunswick$20.67$35.00$58.97
Nova Scotia$21.15$36.54$57.69
Prince Edward Island$24.10$40.00$61.25
Newfoundland and Labrador$21.63$39.01$60.56
Yukon$30.81$45.60$63.78
Northwest Territories$28.85$53.00$58.97
Nunavut$45.42$66.43$90.40

Job outlook

Job outlook for licensed insolvency trustees by province and territory, 1 to 5British Columbia: Moderate (3 of 5). Alberta: Moderate (3 of 5). Saskatchewan: Moderate (3 of 5). Manitoba: Good (4 of 5). Ontario: Moderate (3 of 5). Quebec: Limited (2 of 5). New Brunswick: Moderate (3 of 5). Nova Scotia: Moderate (3 of 5). Prince Edward Island: Good (4 of 5). Newfoundland and Labrador: Moderate (3 of 5). Yukon: Moderate (3 of 5). Northwest Territories: Moderate (3 of 5). Nunavut: undetermined.12345British Columbia: Moderate (3 of 5)British ColumbiaModerateAlberta: Moderate (3 of 5)AlbertaModerateSaskatchewan: Moderate (3 of 5)SaskatchewanModerateManitoba: Good (4 of 5)ManitobaGoodOntario: Moderate (3 of 5)OntarioModerateQuebec: Limited (2 of 5)QuebecLimitedNew Brunswick: Moderate (3 of 5)New BrunswickModerateNova Scotia: Moderate (3 of 5)Nova ScotiaModeratePrince Edward Island: Good (4 of 5)Prince Edward IslandGoodNewfoundland and Labrador: Moderate (3 of 5)Newfoundland and LabradorModerateYukon: Moderate (3 of 5)YukonModerateNorthwest Territories: Moderate (3 of 5)Northwest TerritoriesModerateNunavut: undeterminedNunavutUndetermined
1 is a very limited outlook and 5 a very good one.
Job outlook for licensed insolvency trustees by province and territory, 1 to 5 (table)
WhereOutlook
British ColumbiaModerate (3 of 5)
AlbertaModerate (3 of 5)
SaskatchewanModerate (3 of 5)
ManitobaGood (4 of 5)
OntarioModerate (3 of 5)
QuebecLimited (2 of 5)
New BrunswickModerate (3 of 5)
Nova ScotiaModerate (3 of 5)
Prince Edward IslandGood (4 of 5)
Newfoundland and LabradorModerate (3 of 5)
YukonModerate (3 of 5)
Northwest TerritoriesModerate (3 of 5)
NunavutOutlook not determined

Wages in every province and territory

Tools and tables

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