Table 4c: Insolvencies by NAICSEconomic Sectors, Nova Scotiasector | Volume | 2016 |
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2016 | 2015 | % Change | Assets Declared at the Time of Filing ($) | Liabilities Declared at the Time of Filing ($) |
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Agriculture, Forestry, Fishing and Hunting | 12 | 4 | 200.0 | 1,619,554 | 10,277,587 |
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Bankruptcies | 9 | 1 | 800.0 | 1,619,554 | 7,924,591 |
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Proposals | 3 | 3 | 0.0 | 0 | 2,352,996 |
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Mining and Oil and Gas Extraction | 0 | 1 | -100.0 | 0 | 0 |
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Bankruptcies | 0 | 1 | -100.0 | 0 | 0 |
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Proposals | 0 | 0 | -- | 0 | 0 |
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Utilities | 0 | 0 | -- | 0 | 0 |
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Bankruptcies | 0 | 0 | -- | 0 | 0 |
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Proposals | 0 | 0 | -- | 0 | 0 |
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Construction | 13 | 18 | -27.8 | 1,687,736 | 3,647,653 |
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Bankruptcies | 11 | 15 | -26.7 | 1,669,530 | 3,213,446 |
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Proposals | 2 | 3 | -33.3 | 18,206 | 434,207 |
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Manufacturing | 11 | 10 | 10.0 | 2,609,195 | 14,118,502 |
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Bankruptcies | 9 | 7 | 28.6 | 2,609,195 | 7,167,447 |
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Proposals | 2 | 3 | -33.3 | 0 | 6,951,055 |
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Wholesale Trade | 3 | 4 | -25.0 | 131,402 | 965,058 |
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Bankruptcies | 2 | 4 | -50.0 | 131,402 | 746,203 |
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Proposals | 1 | 0 | -- | 0 | 218,855 |
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Retail Trade | 3 | 10 | -70.0 | 565,723 | 1,898,359 |
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Bankruptcies | 2 | 10 | -80.0 | 565,723 | 1,694,010 |
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Proposals | 1 | 0 | -- | 0 | 204,349 |
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Transportation and Warehousing | 1 | 3 | -66.7 | 142,000 | 15,128,736 |
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Bankruptcies | 1 | 2 | -50.0 | 142,000 | 15,128,736 |
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Proposals | 0 | 1 | -100.0 | 0 | 0 |
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Information and Cultural Industries | 0 | 1 | -100.0 | 0 | 0 |
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Bankruptcies | 0 | 0 | -- | 0 | 0 |
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Proposals | 0 | 1 | -100.0 | 0 | 0 |
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Finance and Insurance | 0 | 2 | -100.0 | 0 | 0 |
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Bankruptcies | 0 | 2 | -100.0 | 0 | 0 |
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Proposals | 0 | 0 | -- | 0 | 0 |
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Real Estate and Rental and Leasing | 7 | 3 | 133.3 | 1,737,460 | 9,341,746 |
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Bankruptcies | 7 | 1 | 600.0 | 1,737,460 | 9,341,746 |
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Proposals | 0 | 2 | -100.0 | 0 | 0 |
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Professional, Scientific and Technical Services | 0 | 5 | -100.0 | 0 | 0 |
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Bankruptcies | 0 | 3 | -100.0 | 0 | 0 |
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Proposals | 0 | 2 | -100.0 | 0 | 0 |
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Management of Companies and Enterprises | 1 | 3 | -66.7 | 396,600 | 841,816 |
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Bankruptcies | 1 | 3 | -66.7 | 396,600 | 841,816 |
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Proposals | 0 | 0 | -- | 0 | 0 |
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Administrative and Support, Waste Management and Remediation Services | 3 | 5 | -40.0 | 204,110 | 571,724 |
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Bankruptcies | 3 | 4 | -25.0 | 204,110 | 571,724 |
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Proposals | 0 | 1 | -100.0 | 0 | 0 |
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Educational Services | 1 | 1 | 0.0 | 0 | 210,647 |
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Bankruptcies | 1 | 1 | 0.0 | 0 | 210,647 |
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Proposals | 0 | 0 | -- | 0 | 0 |
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Health Care and Social Assistance | 1 | 2 | -50.0 | 0 | 100,000 |
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Bankruptcies | 1 | 1 | 0.0 | 0 | 100,000 |
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Proposals | 0 | 1 | -100.0 | 0 | 0 |
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Arts, Entertainment and Recreation | 2 | 2 | 0.0 | 17,002 | 1,705,945 |
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Bankruptcies | 2 | 2 | 0.0 | 17,002 | 1,705,945 |
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Proposals | 0 | 0 | -- | 0 | 0 |
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Accommodation and Food Services | 12 | 11 | 9.1 | 414,945 | 3,437,813 |
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Bankruptcies | 11 | 5 | 120.0 | 299,585 | 2,770,773 |
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Proposals | 1 | 6 | -83.3 | 115,360 | 667,040 |
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Other Services (except Public Administration) | 4 | 8 | -50.0 | 526,631 | 1,676,341 |
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Bankruptcies | 2 | 7 | -71.4 | 520,502 | 1,086,429 |
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Proposals | 2 | 1 | 100.0 | 6,129 | 589,912 |
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Public Administration | 1 | 0 | -- | 30,001 | 416,653 |
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Bankruptcies | 1 | 0 | -- | 30,001 | 416,653 |
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Proposals | 0 | 0 | -- | 0 | 0 |
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Total | 75 | 93 | -19.4 | 10,082,359 | 64,338,580 |
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Bankruptcies | 63 | 69 | -8.7 | 9,942,664 | 52,920,166 |
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Proposals | 12 | 24 | -50.0 | 139,695 | 11,418,414 |
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