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You are personally responsible for the deductions at source that are owed and for the PST/GST that are owed.
You are not personally responsible for the income tax the corporation is owing.
You are responsible for the full amount owing.
It has nothing to do with share value.
You are holding that money in trust for the government and owe it even if your company and you personally declare bankruptcy as it is not a debt but considered money held in trust.