Insolvency Statistics in Canada—2018 (Table 4)

Table 4: Insolvencies by NAICS Economic Sectors, Canada
sector Volume 2018
2018 2017 % Change Assets Declared at the Time of Filing ($) Liabilities Declared at the Time of Filing ($)
Agriculture, Forestry, Fishing and Hunting 64 68 -5.9 8,544,169 51,633,519
Bankruptcies 46 49 -6.1 6,966,928 25,936,673
Proposals 18 19 -5.3 1,577,241 25,696,846
Mining and Oil and Gas Extraction 24 47 -48.9 5,782,616 272,040,891
Bankruptcies 15 30 -50.0 5,751,399 96,080,161
Proposals 9 17 -47.1 31,217 175,960,730
Utilities 8 6 33.3 756,071 27,943,596
Bankruptcies 5 6 -16.7 756,069 19,806,915
Proposals 3 0 n/a 2 8,136,681
Construction 723 660 9.5 70,559,034 534,362,955
Bankruptcies 527 479 10.0 42,468,341 330,962,537
Proposals 196 181 8.3 28,090,693 203,400,418
Manufacturing 297 343 -13.4 52,043,371 665,684,941
Bankruptcies 213 238 -10.5 39,188,452 438,044,148
Proposals 84 105 -20.0 12,854,919 227,640,793
Wholesale Trade 157 172 -8.7 11,048,869 273,631,618
Bankruptcies 121 122 -0.8 8,188,582 142,211,732
Proposals 36 50 -28.0 2,860,287 131,419,886
Retail Trade 409 403 1.5 55,598,893 1,021,987,225
Bankruptcies 322 319 0.9 47,604,198 800,845,622
Proposals 87 84 3.6 7,994,695 221,141,603
Transportation and Warehousing 230 223 3.1 31,375,340 289,301,286
Bankruptcies 178 171 4.1 24,364,235 242,033,030
Proposals 52 52 0.0 7,011,105 47,268,256
Information and Cultural Industries 63 61 3.3 10,097,466 466,566,537
Bankruptcies 49 46 6.5 2,074,909 441,427,370
Proposals 14 15 -6.7 8,022,557 25,139,167
Finance and Insurance 64 66 -3.0 32,004,951 288,555,419
Bankruptcies 48 52 -7.7 13,274,331 80,319,471
Proposals 16 14 14.3 18,730,620 208,235,948
Real Estate and Rental and Leasing 149 136 9.6 66,817,046 394,163,780
Bankruptcies 105 98 7.1 63,848,476 258,813,964
Proposals 44 38 15.8 2,968,570 135,349,816
Professional, Scientific and Technical Services 249 256 -2.7 13,442,218 146,084,152
Bankruptcies 190 199 -4.5 10,723,992 132,721,511
Proposals 59 57 3.5 2,718,226 13,362,641
Management of Companies and Enterprises 81 82 -1.2 49,325,846 2,476,620,632
Bankruptcies 66 64 3.1 35,985,878 2,375,437,512
Proposals 15 18 -16.7 13,339,968 101,183,120
Administrative and Support, Waste Management and Remediation Services 157 150 4.7 14,394,552 100,428,518
Bankruptcies 109 110 -0.9 7,430,891 49,318,290
Proposals 48 40 20.0 6,963,661 51,110,228
Educational Services 29 37 -21.6 1,531,596 7,781,323
Bankruptcies 22 31 -29.0 963,967 4,708,594
Proposals 7 6 16.7 567,629 3,072,729
Health Care and Social Assistance 80 81 -1.2 16,014,367 220,029,349
Bankruptcies 48 62 -22.6 10,205,808 198,783,423
Proposals 32 19 68.4 5,808,559 21,245,926
Arts, Entertainment and Recreation 68 79 -13.9 3,796,134 52,869,122
Bankruptcies 52 59 -11.9 2,349,829 27,691,524
Proposals 16 20 -20.0 1,446,305 25,177,598
Accommodation and Food Services 537 544 -1.3 25,529,029 180,074,220
Bankruptcies 411 404 1.7 21,099,238 142,037,517
Proposals 126 140 -10.0 4,429,791 38,036,703
Other Services (except Public Administration) 187 190 -1.6 11,755,526 127,842,495
Bankruptcies 147 157 -6.4 9,425,319 111,551,576
Proposals 40 33 21.2 2,330,207 16,290,919
Public Administration 4 5 -20.0 9,501 1,267,821
Bankruptcies 3 4 -25.0 7,500 1,253,651
Proposals 1 1 0.0 2,001 14,170
Total 3,580 3,609 -0.8 480,426,595 7,598,869,399
Bankruptcies 2,677 2,700 -0.9 352,678,342 5,919,985,221
Proposals 903 909 -0.7 127,748,253 1,678,884,178
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