Corporate & business
Statutory Declaration of Solvency (No Bankruptcy)
A sworn declaration that you, or a business, are solvent and not bankrupt — often required for tenders, contracts, or financing. Fill it in online, download a ready-to-sign PDF, and notarize in Ontario.
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Also known as
- No Bankruptcy Declaration
- Declaration of Solvency
- Solvency Affidavit
+1 more names
- Sworn Statement of Solvency
STATUTORY DECLARATION OF SOLVENCY
I, ______, of ______, in the Province of Ontario, SOLEMNLY DECLARE that:
I make this declaration ______. Name of the business or corporation (if applicable):
Neither I, nor the entity named (as applicable), is an undischarged bankrupt.
There are no bankruptcy, insolvency, receivership, or proposal proceedings pending or, to my knowledge, threatened.
I, or the entity named, am able to pay debts as they become due in the ordinary course.
Purpose of this declaration (if stated):
I make this solemn declaration conscientiously believing it to be true and knowing that it is of the same force and effect as if made under oath.
Signed and sworn (or affirmed/declared) before me by videoconference in Ottawa, Ontario, while the Affiant(s)/Declarant(s) were located in ______________________, on ______________________, pursuant to O. Reg. 431/20, and Electronic Commerce Act, 2000.
______________________________ | ______________________________ |
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Statutory Declaration of Solvency (No Bankruptcy)
A compact preview of this template
01Your Information
Your full legal name
I make this declaration
Your full address
STATUTORY DECLARATION OF SOLVENCY
I, ______, of ______, in the Province of Ontario, SOLEMNLY DECLARE that:
I make this declaration ______. Name of the business or corporation (if applicable):
Neither I, nor the entity named (as applicable), is an undischarged bankrupt.
There are no bankruptcy, insolvency, receivership, or proposal proceedings pending or, to my knowledge, threatened.
I, or the entity named, am able to pay debts as they become due in the ordinary course.
Purpose of this declaration (if stated):
I make this solemn declaration conscientiously believing it to be true and knowing that it is of the same force and effect as if made under oath.
Signed and sworn (or affirmed/declared) before me by videoconference in Ottawa, Ontario, while the Affiant(s)/Declarant(s) were located in ______________________, on ______________________, pursuant to O. Reg. 431/20, and Electronic Commerce Act, 2000.
______________________________ | ______________________________ |
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Overview
About this document
- 01
What is a declaration of solvency?
It is a sworn statement confirming that a person or business is solvent — not bankrupt and not subject to insolvency proceedings.
It is sworn before a notary public or commissioner for taking affidavits.
- 02
When you might need one
It supports tenders, contracts, and financing.
- A tender or contract requires proof you are solvent.
- A lender or counterparty asks for a sworn no-bankruptcy statement.
- You must confirm a business can meet its debts.
- 03
How to notarize a statutory declaration of solvency in Ontario
After you fill in your statutory declaration of solvency and download the PDF, do not sign it in advance. A sworn document must be signed in front of a notary public or commissioner for taking affidavits, who administers your oath or solemn affirmation first.
Minute Notary commissions your statutory declaration of solvency online by secure video, under Ontario's remote commissioning rules (O. Reg. 431/20), or in person in Ottawa. Bring valid government-issued photo identification.
Good to know
Before you fill it in.
Short notes from our notary on this template. Worth a minute before you start.
- 01
Reviewed for use in Ontario by a notary public and commissioner for taking affidavits.
- 02
Fill it in online for free and download a ready-to-sign PDF — no account required.
- 03
Sign in front of the notary, who administers your oath or witnesses your signature and applies the seal.
- 04
Notarize online by video across Ontario, or in person in Ottawa.
Frequently asked
Questions about the Statutory Declaration of Solvency (No Bankruptcy)
- What is a solvency declaration for?
- To confirm under oath that you or a business are not bankrupt and can pay debts as they fall due — commonly for tenders, contracts, or financing.
- Who can swear it for a corporation?
- An officer or director with authority and knowledge of the company’s affairs who can confirm its solvency.
- Can I notarize it online in Ontario?
- Yes. You can complete it online by video under Ontario’s remote commissioning rules, or in person in Ottawa with Minute Notary.
- Does it list my finances?
- No. It confirms solvency and the absence of insolvency proceedings; it is not a financial statement of your assets and income.
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