Statistics in Canada — 2008 (Tables 4 to 4d)

Table 4: Insolvencies by NAICS Economic Sector, Canada

  Volume 2008
2008 2007 % Change Assets Declared at the Time of Filing ($) Liabilities Declared at the Time of Filing ($)
Agriculture, Forestry, Fishing and Hunting
345
350
-1.4
134 785 959
305 219 808
   Bankruptcies
277
292
-5.1
115 457 232
264 342 471
   Proposals
68
58
17.2
19 328 727
40 877 337
Mining and Oil and Gas Extraction
49
38
28.9
60 608 700
154 543 055
   Bankruptcies
31
27
14.8
58 810 975
146 106 868
   Proposals
18
11
63.6
1 797 725
8 436 187
Utilities
9
7
28.6
595 071
6 265 486
   Bankruptcies
7
6
16.7
595 070
5 087 431
   Proposals
2
1
100.0
1
1 178 055
Construction
1 239
1 287
-3.7
307 889 187
792 683 814
   Bankruptcies
1 073
1 087
-1.3
286 753 342
724 224 179
   Proposals
166
200
-17.0
21 135 845
68 459 635
Manufacturing
793
758
4.6
420 281 267
1 496 798 146
   Bankruptcies
626
585
7.0
362 668 660
1 119 120 475
   Proposals
167
173
-3.5
57 612 607
377 677 671
Wholesale Trade
389
386
0.8
158 327 772
732 062 300
   Bankruptcies
296
310
-4.5
133 029 128
592 113 547
   Proposals
93
76
22.4
25 298 644
139 948 753
Retail Trade
989
1 083
-8.7
131 476 379
971 962 988
   Bankruptcies
837
900
-7.0
110 781 835
777 173 160
   Proposals
152
183
-16.9
20 694 544
194 789 828
Transportation and Warehousing
783
708
10.6
88 150 056
369 496 017
   Bankruptcies
652
601
8.5
67 419 355
198 603 535
   Proposals
131
107
22.4
20 730 701
170 892 482
Information and Cultural Industries
134
126
6.3
12 299 112
1 867 629 596
   Bankruptcies
101
101
0.0
8 313 291
1 812 807 696
   Proposals
33
25
32.0
3 985 821
54 821 900
Finance and Insurance
119
105
13.3
23 528 732
559 753 639
   Bankruptcies
102
87
17.2
16 705 276
489 023 115
   Proposals
17
18
-5.6
6 823 456
70 730 524
Real Estate and Rental and Leasing
162
183
-11.5
54 013 536
156 625 259
   Bankruptcies
132
155
-14.8
41 553 365
113 820 870
   Proposals
30
28
7.1
12 460 171
42 804 389
Professional, Scientific and Technical Services
472
485
-2.7
64 567 180
209 983 788
   Bankruptcies
372
399
-6.8
41 087 312
151 795 420
   Proposals
100
86
16.3
23 479 868
58 188 368
Management of Companies and Enterprises
43
52
-17.3
7 336 211
149 883 751
   Bankruptcies
31
36
-13.9
6 382 841
141 291 040
   Proposals
12
16
-25.0
953 370
8 592 711
Administrative and Support, Waste Management and Remediation Services
301
336
-10.4
21 016 849
125 500 096
   Bankruptcies
256
274
-6.6
17 638 025
117 982 598
   Proposals
45
62
-27.4
3 378 824
7 517 498
Educational Services
51
48
6.3
4 080 368
18 740 179
   Bankruptcies
39
36
8.3
2 961 012
16 416 868
   Proposals
12
12
0.0
1 119 356
2 323 311
Health Care and Social Assistance
91
94
-3.2
18 050 133
56 946 574
   Bankruptcies
72
71
1.4
14 627 602
49 143 655
   Proposals
19
23
-17.4
3 422 531
7 802 919
Arts, Entertainment and Recreation
139
172
-19.2
11 499 499
38 798 676
   Bankruptcies
116
145
-20.0
10 351 318
29 866 685
   Proposals
23
27
-14.8
1 148 181
8 931 991
Accommodation and Food Services
865
867
-0.2
82 771 903
267 675 623
   Bankruptcies
739
728
1.5
72 010 330
226 791 050
   Proposals
126
139
-9.4
10 761 573
40 884 573
Other Services (except Public Administration)
461
519
-11.2
32 556 141
99 795 012
   Bankruptcies
394
445
-11.5
26 240 977
81 486 372
   Proposals
67
74
-9.5
6 315 164
18 308 640
Public Administration
11
8
37.5
7 475 263
16 005 216
   Bankruptcies
11
8
37.5
7 475 263
16 005 216
   Proposals
0
0
--
0
0
Total
7 445
7 612
-2.2
1 641 309 318
8 396 369 023
   Bankruptcies
6 164
6 293
-2.0
1 400 862 209
7 073 202 251
   Proposals
1 281
1 319
-2.9
240 447 109
1 323 166 772

Table 4a: Insolvencies by NAICS Economic Sector, Newfoundland and Labrador

  Volume 2008
2008 2007 % Change Assets Declared at the Time of Filing ($) Liabilities Declared at the Time of Filing ($)
Agriculture, Forestry, Fishing and Hunting
2
7
-71.4
196 167
895 144
   Bankruptcies
2
7
-71.4
196 167
895 144
   Proposals
0
0
--
0
0
Mining and Oil and Gas Extraction
1
0
--
0
0
   Bankruptcies
0
0
--
0
0
   Proposals
1
0
--
0
0
Utilities
0
0
--
0
0
   Bankruptcies
0
0
--
0
0
   Proposals
0
0
--
0
0
Construction
7
8
-12.5
6 792 088
134 248 014
   Bankruptcies
7
8
-12.5
6 792 088
134 248 014
   Proposals
0
0
--
0
0
Manufacturing
5
2
150.0
373 803
1 602 191
   Bankruptcies
5
1
400.0
373 803
1 602 191
   Proposals
0
1
-100.0
0
0
Wholesale Trade
4
2
100.0
2 994 013
2 957 346
   Bankruptcies
4
2
100.0
2 994 013
2 957 346
   Proposals
0
0
--
0
0
Retail Trade
5
11
-54.5
508 949
805 384
   Bankruptcies
5
11
-54.5
508 949
805 384
   Proposals
0
0
--
0
0
Transportation and Warehousing
2
4
-50.0
184 260
252 900
   Bankruptcies
2
4
-50.0
184 260
252 900
   Proposals
0
0
--
0
0
Information and Cultural Industries
1
0
--
155 001
237 661
   Bankruptcies
1
0
--
155 001
237 661
   Proposals
0
0
--
0
0
Finance and Insurance
0
1
-100.0
0
0
   Bankruptcies
0
1
-100.0
0
0
   Proposals
0
0
--
0
0
Real Estate and Rental and Leasing
0
0
--
0
0
   Bankruptcies
0
0
--
0
0
   Proposals
0
0
--
0
0
Professional, Scientific and Technical Services
3
2
50.0
134 000
228 385
   Bankruptcies
3
2
50.0
134 000
228 385
   Proposals
0
0
--
0
0
Management of Companies and Enterprises
0
0
--
0
0
   Bankruptcies
0
0
--
0
0
   Proposals
0
0
--
0
0
Administrative and Support, Waste Management and Remediation Services
1
1
0.0
1 000 000
36 941 663
   Bankruptcies
1
1
0.0
1 000 000
36 941 663
   Proposals
0
0
--
0
0
Educational Services
0
1
-100.0
0
0
   Bankruptcies
0
1
-100.0
0
0
   Proposals
0
0
--
0
0
Health Care and Social Assistance
0
0
--
0
0
   Bankruptcies
0
0
--
0
0
   Proposals
0
0
--
0
0
Arts, Entertainment and Recreation
1
3
-66.7
103 102
277 000
   Bankruptcies
1
2
-50.0
103 102
277 000
   Proposals
0
1
-100.0
0
0
Accommodation and Food Services
5
7
-28.6
177 268
620 666
   Bankruptcies
5
7
-28.6
177 268
620 666
   Proposals
0
0
--
0
0
Other Services (except Public Administration)
3
4
-25.0
149 243
295 316
   Bankruptcies
3
4
-25.0
149 243
295 316
   Proposals
0
0
0
0
Public Administration
0
1
-100.0
0
0
   Bankruptcies
0
1
-100.0
0
0
   Proposals
0
0
0
0
Total
40
54
-25.9
12 767 894
179 361 670
   Bankruptcies
39
52
-25.0
12 767 894
179 361 670
   Proposals
1
2
-50.0
0
0

Table 4b: Insolvencies by NAICS Economic Sector, Prince Edward Island

  Volume 2008
2008 2007 % Change Assets Declared at the Time of Filing ($) Liabilities Declared at the Time of Filing ($)
Agriculture, Forestry, Fishing and Hunting
2
8
-75.0
424 851
2 349 264
   Bankruptcies
1
7
-85.7
4 850
280 823
   Proposals
1
1
0.0
420 001
2 068 441
Mining and Oil and Gas Extraction
0
0
--
0
0
   Bankruptcies
0
0
--
0
0
   Proposals
0
0
--
0
0
Utilities
0
0
--
0
0
   Bankruptcies
0
0
--
0
0
   Proposals
0
0
--
0
0
Construction
4
3
33.3
158 029
645 166
   Bankruptcies
4
3
33.3
158 029
645 166
   Proposals
0
0
--
0
0
Manufacturing
0
4
-100.0
0
0
   Bankruptcies
0
1
-100.0
0
0
   Proposals
0
3
-100.0
0
0
Wholesale Trade
1
3
-66.7
120 900
609 843
   Bankruptcies
0
3
-100.0
0
0
   Proposals
1
0
--
120 900
609 843
Retail Trade
4
6
-33.3
93 500
200 127
   Bankruptcies
2
5
-60.0
4 000
61 627
   Proposals
2
1
100.0
89 500
138 500
Transportation and Warehousing
2
0
--
172 001
1 230 880
   Bankruptcies
2
0
--
172 001
1 230 880
   Proposals
0
0
--
0
0
Information and Cultural Industries
0
0
--
0
0
   Bankruptcies
0
0
--
0
0
   Proposals
0
0
--
0
0
Finance and Insurance
0
0
--
0
0
   Bankruptcies
0
0
--
0
0
   Proposals
0
0
--
0
0
Real Estate and Rental and Leasing
0
1
-100.0
0
0
   Bankruptcies
0
1
-100.0
0
0
   Proposals
0
0
--
0
0
Professional, Scientific and Technical Services
1
1
0.0
2 375
32 051
   Bankruptcies
1
1
0.0
2 375
32 051
   Proposals
0
0
--
0
0
Management of Companies and Enterprises
0
0
--
0
0
   Bankruptcies
0
0
--
0
0
   Proposals
0
0
--
0
0
Administrative and Support, Waste Management and Remediation Services
0
1
-100.0
0
0
   Bankruptcies
0
1
-100.0
0
0
   Proposals
0
0
--
0
0
Educational Services
0
0
--
0
0
   Bankruptcies
0
0
--
0
0
   Proposals
0
0
--
0
0
Health Care and Social Assistance
1
1
0.0
72 168
109 479
   Bankruptcies
1
1
0.0
72 168
109 479
   Proposals
0
0
--
0
0
Arts, Entertainment and Recreation
1
0
--
18 200
107 700
   Bankruptcies
1
0
--
18 200
107 700
   Proposals
0
0
--
0
0
Accommodation and Food Services
3
4
-25.0
85 400
820 976
   Bankruptcies
1
4
-75.0
21 400
432 090
   Proposals
2
0
--
64 000
388 886
Other Services (except Public Administration)
0
5
-100.0
0
0
   Bankruptcies
0
5
-100.0
0
0
   Proposals
0
0
--
0
0
Public Administration
1
0
--
147 150
191 914
   Bankruptcies
1
0
--
147 150
191 914
   Proposals
0
0
--
0
0
Total
20
37
-45.9
1 294 574
6 297 400
   Bankruptcies
14
32
-56.3
600 173
3 091 730
   Proposals
6
5
20.0
694 401
3 205 670

Table 4c: Insolvencies by NAICS Economic Sector, Nova Scotia

  Volume 2008
2008 2007 % Change Assets Declared at the Time of Filing ($) Liabilities Declared at the Time of Filing ($)
Agriculture, Forestry, Fishing and Hunting
12
14
-14.3
1 954 678
3 801 168
   Bankruptcies
8
12
-33.3
1 033 176
3 085 092
   Proposals
4
2
100.0
921 502
716 076
Mining and Oil and Gas Extraction
1
0
--
0
33 693 839
   Bankruptcies
1
0
--
0
33 693 839
   Proposals
0
0
--
0
0
Utilities
0
0
--
0
0
   Bankruptcies
0
0
--
0
0
   Proposals
0
0
--
0
0
Construction
41
37
10.8
1 885 080
5 711 516
   Bankruptcies
37
35
5.7
1 475 505
5 164 962
   Proposals
4
2
100.0
409 575
546 554
Manufacturing
16
14
14.3
8 072 509
15 815 825
   Bankruptcies
15
13
15.4
8 072 509
15 162 932
   Proposals
1
1
0.0
0
652 893
Wholesale Trade
6
5
20.0
385 489
1 926 872
   Bankruptcies
4
3
33.3
160 189
1 152 369
   Proposals
2
2
0.0
225 300
774 503
Retail Trade
24
26
-7.7
2 839 962
7 714 686
   Bankruptcies
21
22
-4.5
2 174 154
6 348 333
   Proposals
3
4
-25.0
665 808
1 366 353
Transportation and Warehousing
28
24
16.7
2 532 404
4 058 525
   Bankruptcies
24
23
4.3
1 306 383
2 568 360
   Proposals
4
1
300.0
1 226 021
1 490 165
Information and Cultural Industries
0
5
-100.0
0
0
   Bankruptcies
0
5
-100.0
0
0
   Proposals
0
0
--
0
0
Finance and Insurance
3
5
-40.0
137 052
420 239
   Bankruptcies
2
4
-50.0
135 052
313 891
   Proposals
1
1
0.0
2 000
106 348
Real Estate and Rental and Leasing
5
7
-28.6
1 617 502
2 184 300
   Bankruptcies
5
7
-28.6
1 617 502
2 184 300
   Proposals
0
0
--
0
0
Professional, Scientific and Technical Services
11
19
-42.1
541 024
2 840 511
   Bankruptcies
8
18
-55.6
199 223
1 988 187
   Proposals
3
1
200.0
341 801
852 324
Management of Companies and Enterprises
2
0
--
9 000
250 690
   Bankruptcies
2
0
--
9 000
250 690
   Proposals
0
0
--
0
0
Administrative and Support, Waste Management and Remediation Services
8
15
-46.7
154 325
691 075
   Bankruptcies
6
14
-57.1
16 575
524 259
   Proposals
2
1
100.0
137 750
166 816
Educational Services
0
0
--
0
0
   Bankruptcies
0
0
--
0
0
   Proposals
0
0
--
0
0
Health Care and Social Assistance
6
5
20.0
252 152
1 397 283
   Bankruptcies
4
4
0.0
223 652
784 689
   Proposals
2
1
100.0
28 500
612 594
Arts, Entertainment and Recreation
1
10
-90.0
95 286
148 398
   Bankruptcies
1
8
-87.5
95 286
148 398
   Proposals
0
2
-100.0
0
0
Accommodation and Food Services
16
21
-23.8
1 762 001
2 997 197
   Bankruptcies
13
20
-35.0
1 489 500
2 701 463
   Proposals
3
1
200.0
272 501
295 734
Other Services (except Public Administration)
13
21
-38.1
768 104
1 486 924
   Bankruptcies
11
18
-38.9
590 104
1 295 947
   Proposals
2
3
-33.3
178 000
190 977
Public Administration
0
0
--
0
0
   Bankruptcies
0
0
--
0
0
   Proposals
0
0
--
0
0
Total
193
228
-15.4
23 006 568
85 139 048
   Bankruptcies
162
206
-21.4
18 597 810
77 367 711
   Proposals
31
22
40.9
4 408 758
7 771 337

Table 4d: Insolvencies by NAICS Economic Sector, New Brunswick

  Volume 2008
2008 2007 % Change Assets Declared at the Time of Filing ($) Liabilities Declared at the Time of Filing ($)
Agriculture, Forestry, Fishing and Hunting
19
14
35.7
1 489 009
9 466 180
   Bankruptcies
17
13
30.8
1 147 509
9 080 396
   Proposals
2
1
100.0
341 500
385 784
Mining and Oil and Gas Extraction
0
0
--
0
0
   Bankruptcies
0
0
--
0
0
   Proposals
0
0
--
0
0
Utilities
1
0
--
12 000
38 927
   Bankruptcies
1
0
--
12 000
38 927
   Proposals
0
0
--
0
0
Construction
21
30
-30.0
1 542 432
6 173 901
   Bankruptcies
17
22
-22.7
1 101 032
5 464 941
   Proposals
4
8
-50.0
441 400
708 960
Manufacturing
18
7
157.1
1 106 108
7 787 309
   Bankruptcies
16
5
220.0
1 017 107
7 601 934
   Proposals
2
2
0.0
89 001
185 375
Wholesale Trade
12
11
9.1
1 514 224
2 737 001
   Bankruptcies
9
10
-10.0
1 020 224
1 911 476
   Proposals
3
1
200.0
494 000
825 525
Retail Trade
36
24
50.0
2 833 858
10 453 938
   Bankruptcies
28
21
33.3
2 099 417
8 181 905
   Proposals
8
3
166.7
734 441
2 272 033
Transportation and Warehousing
54
29
86.2
4 008 329
9 598 459
   Bankruptcies
47
27
74.1
3 528 479
8 699 147
   Proposals
7
2
250.0
479 850
899 312
Information and Cultural Industries
2
2
0.0
315 351
429 201
   Bankruptcies
1
2
-50.0
315 351
429 201
   Proposals
1
0
--
0
0
Finance and Insurance
4
4
0.0
313 875
590 631
   Bankruptcies
3
2
50.0
137 875
383 431
   Proposals
1
2
-50.0
176 000
207 200
Real Estate and Rental and Leasing
6
8
-25.0
178 900
955 507
   Bankruptcies
6
7
-14.3
178 900
955 507
   Proposals
0
1
-100.0
0
0
Professional, Scientific and Technical Services
13
10
30.0
2 599 642
11 149 296
   Bankruptcies
6
7
-14.3
450 242
2 642 037
   Proposals
7
3
133.3
2 149 400
8 507 259
Management of Companies and Enterprises
0
1
-100.0
0
0
   Bankruptcies
0
1
-100.0
0
0
   Proposals
0
0
--
0
0
Administrative and Support, Waste Management and Remediation Services
5
10
-50.0
622 961
3 711 560
   Bankruptcies
4
8
-50.0
572 901
3 631 939
   Proposals
1
2
-50.0
50 060
79 621
Educational Services
1
0
--
10 702
152 771
   Bankruptcies
0
0
--
0
0
   Proposals
1
0
--
10 702
152 771
Health Care and Social Assistance
7
3
133.3
348 904
1 327 878
   Bankruptcies
4
1
300.0
25 702
707 621
   Proposals
3
2
50.0
323 202
620 257
Arts, Entertainment and Recreation
3
7
-57.1
160 407
540 153
   Bankruptcies
2
5
-60.0
160 407
540 153
   Proposals
1
2
-50.0
0
0
Accommodation and Food Services
19
9
111.1
3 898 331
9 530 485
   Bankruptcies
15
7
114.3
3 240 730
8 721 714
   Proposals
4
2
100.0
657 601
808 771
Other Services (except Public Administration)
22
14
57.1
1 567 304
3 091 614
   Bankruptcies
20
13
53.8
1 320 804
2 786 166
   Proposals
2
1
100.0
246 500
305 448
Public Administration
0
0
--
0
0
   Bankruptcies
0
0
--
0
0
   Proposals
0
0
--
0
0
Total
243
183
32.8
22 522 337
77 734 811
   Bankruptcies
196
151
29.8
16 328 680
61 776 495
   Proposals
47
32
46.9
6 193 657
15 958 316