Insolvency Statistics in Canada—Fourth Quarter of 2018

Table 4: Insolvencies by NAICS Economic Sectors, Canada
Sector Volume % Change 12-Month Period Ending
Q4 2018 Q3 2018 Q4 2017 Q3 2018 to
Q4 2018
Q4 2017 to
Q4 2018
12-31-2018 12-31-2017 % Change
Agriculture, Forestry, Fishing and Hunting 13 16 17 -18.8 -23.5 64 68 -5.9
Bankruptcies 9 9 9 0.0 0.0 46 49 -6.1
Proposals 4 7 8 -42.9 -50.0 18 19 -5.3
Mining and Oil and Gas Extraction 11 3 16 266.7 -31.3 24 47 -48.9
Bankruptcies 8 1 11 700.0 -27.3 15 30 -50.0
Proposals 3 2 5 50.0 -40.0 9 17 -47.1
Utilities 2 1 2 100.0 0.0 8 6 33.3
Bankruptcies 1 0 2 n/a -50.0 5 6 -16.7
Proposals 1 1 0 0.0 n/a 3 0 n/a
Construction 181 163 174 11.0 4.0 723 660 9.5
Bankruptcies 139 118 122 17.8 13.9 527 479 10.0
Proposals 42 45 52 -6.7 -19.2 196 181 8.3
Manufacturing 79 78 97 1.3 -18.6 297 343 -13.4
Bankruptcies 57 62 61 -8.1 -6.6 213 238 -10.5
Proposals 22 16 36 37.5 -38.9 84 105 -20.0
Wholesale Trade 37 46 43 -19.6 -14.0 157 172 -8.7
Bankruptcies 29 31 29 -6.5 0.0 121 122 -0.8
Proposals 8 15 14 -46.7 -42.9 36 50 -28.0
Retail Trade 111 100 101 11.0 9.9 409 403 1.5
Bankruptcies 87 79 86 10.1 1.2 322 319 0.9
Proposals 24 21 15 14.3 60.0 87 84 3.6
Transportation and Warehousing 52 57 46 -8.8 13.0 230 223 3.1
Bankruptcies 42 39 34 7.7 23.5 178 171 4.1
Proposals 10 18 12 -44.4 -16.7 52 52 0.0
Information and Cultural Industries 19 11 13 72.7 46.2 63 61 3.3
Bankruptcies 13 7 10 85.7 30.0 49 46 6.5
Proposals 6 4 3 50.0 100.0 14 15 -6.7
Finance and Insurance 23 14 17 64.3 35.3 64 66 -3.0
Bankruptcies 18 11 12 63.6 50.0 48 52 -7.7
Proposals 5 3 5 66.7 0.0 16 14 14.3
Real Estate and Rental and Leasing 43 32 30 34.4 43.3 149 136 9.6
Bankruptcies 25 18 23 38.9 8.7 105 98 7.1
Proposals 18 14 7 28.6 157.1 44 38 15.8
Professional, Scientific and Technical Services 66 47 65 40.4 1.5 249 256 -2.7
Bankruptcies 54 37 49 45.9 10.2 190 199 -4.5
Proposals 12 10 16 20.0 -25.0 59 57 3.5
Management of Companies and Enterprises 26 17 29 52.9 -10.3 81 82 -1.2
Bankruptcies 21 16 21 31.3 0.0 66 64 3.1
Proposals 5 1 8 400.0 -37.5 15 18 -16.7
Administrative and Support, Waste Management and Remediation Services 39 32 33 21.9 18.2 157 150 4.7
Bankruptcies 24 17 23 41.2 4.3 109 110 -0.9
Proposals 15 15 10 0.0 50.0 48 40 20.0
Educational Services 8 8 7 0.0 14.3 29 37 -21.6
Bankruptcies 6 5 5 20.0 20.0 22 31 -29.0
Proposals 2 3 2 -33.3 0.0 7 6 16.7
Health Care and Social Assistance 22 17 23 29.4 -4.3 80 81 -1.2
Bankruptcies 8 15 18 -46.7 -55.6 48 62 -22.6
Proposals 14 2 5 600.0 180.0 32 19 68.4
Arts, Entertainment and Recreation 11 17 25 -35.3 -56.0 68 79 -13.9
Bankruptcies 8 13 21 -38.5 -61.9 52 59 -11.9
Proposals 3 4 4 -25.0 -25.0 16 20 -20.0
Accommodation and Food Services 138 120 144 15.0 -4.2 537 544 -1.3
Bankruptcies 112 97 103 15.5 8.7 411 404 1.7
Proposals 26 23 41 13.0 -36.6 126 140 -10.0
Other Services (except Public Administration) 64 46 55 39.1 16.4 187 190 -1.6
Bankruptcies 50 34 45 47.1 11.1 147 157 -6.4
Proposals 14 12 10 16.7 40.0 40 33 21.2
Public Administration 1 1 0 0.0 n/a 4 5 -20.0
Bankruptcies 1 0 0 n/a n/a 3 4 -25.0
Proposals 0 1 0 -100.0 n/a 1 1 0.0
Total 946 826 937 14.5 1.0 3,580 3,609 -0.8
Bankruptcies 712 609 684 16.9 4.1 2,677 2,700 -0.9
Proposals 234 217 253 7.8 -7.5 903 909 -0.7
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