Insolvency Statistics in Canada—2017 (Table 4)

Table 4: Insolvencies by NAICS Economic Sectors, Canada
sector Volume 2017
2017 2016 % Change Assets Declared at the Time of Filing ($) Liabilities Declared at the Time of Filing ($)
Agriculture, Forestry, Fishing and Hunting 68 88 -22.7 58,406,434 181,407,575
Bankruptcies 49 62 -21.0 50,018,172 156,973,352
Proposals 19 26 -26.9 8,388,262 24,434,223
Mining and Oil and Gas Extraction 47 72 -34.7 203,233,792 814,204,729
Bankruptcies 30 50 -40.0 177,251,106 701,204,487
Proposals 17 22 -22.7 25,982,686 113,000,242
Utilities 6 9 -33.3 4,071,488 20,889,026
Bankruptcies 6 3 100.0 4,071,488 20,889,026
Proposals 0 6 -100.0 0 0
Construction 660 711 -7.2 102,875,856 806,516,340
Bankruptcies 479 520 -7.9 42,687,206 594,811,999
Proposals 181 191 -5.2 60,188,650 211,704,341
Manufacturing 343 299 14.7 87,415,642 698,028,143
Bankruptcies 238 216 10.2 76,600,689 478,199,086
Proposals 105 83 26.5 10,814,953 219,829,057
Wholesale Trade 172 179 -3.9 31,815,538 392,520,214
Bankruptcies 122 142 -14.1 10,495,394 264,410,565
Proposals 50 37 35.1 21,320,144 128,109,649
Retail Trade 403 454 -11.2 50,373,610 445,815,410
Bankruptcies 319 331 -3.6 35,574,788 231,583,722
Proposals 84 123 -31.7 14,798,822 214,231,688
Transportation and Warehousing 223 225 -0.9 20,881,639 567,501,406
Bankruptcies 171 177 -3.4 11,889,373 513,835,457
Proposals 52 48 8.3 8,992,266 53,665,949
Information and Cultural Industries 61 71 -14.1 2,628,027 80,057,376
Bankruptcies 46 56 -17.9 1,927,000 56,616,165
Proposals 15 15 0.0 701,027 23,441,211
Finance and Insurance 66 64 3.1 14,783,649 276,016,790
Bankruptcies 52 52 0.0 14,706,182 166,696,246
Proposals 14 12 16.7 77,467 109,320,544
Real Estate and Rental and Leasing 136 154 -11.7 55,122,631 741,718,795
Bankruptcies 98 101 -3.0 52,944,189 661,707,780
Proposals 38 53 -28.3 2,178,442 80,011,015
Professional, Scientific and Technical Services 256 296 -13.5 48,329,923 248,162,856
Bankruptcies 199 228 -12.7 42,919,588 158,517,964
Proposals 57 68 -16.2 5,410,335 89,644,892
Management of Companies and Enterprises 82 77 6.5 8,927,975 338,726,150
Bankruptcies 64 55 16.4 8,916,051 281,845,044
Proposals 18 22 -18.2 11,924 56,881,106
Administrative and Support, Waste Management and Remediation Services 150 191 -21.5 36,843,657 190,252,378
Bankruptcies 110 143 -23.1 34,201,378 109,940,490
Proposals 40 48 -16.7 2,642,279 80,311,888
Educational Services 37 32 15.6 4,008,773 85,325,244
Bankruptcies 31 20 55.0 3,928,816 84,961,042
Proposals 6 12 -50.0 79,957 364,202
Health Care and Social Assistance 81 71 14.1 6,152,291 106,980,745
Bankruptcies 62 52 19.2 5,910,849 75,603,493
Proposals 19 19 0.0 241,442 31,377,252
Arts, Entertainment and Recreation 79 80 -1.3 16,009,359 73,860,057
Bankruptcies 59 64 -7.8 11,193,312 49,100,185
Proposals 20 16 25.0 4,816,047 24,759,872
Accommodation and Food Services 544 610 -10.8 32,288,508 229,637,807
Bankruptcies 404 473 -14.6 21,569,844 131,330,304
Proposals 140 137 2.2 10,718,664 98,307,503
Other Services (except Public Administration) 190 162 17.3 13,341,279 96,099,601
Bankruptcies 157 136 15.4 12,543,541 90,695,845
Proposals 33 26 26.9 797,738 5,403,756
Public Administration 5 4 25.0 167,733 75,565,543
Bankruptcies 4 3 33.3 163,727 75,359,640
Proposals 1 1 0.0 4,006 205,903
Total 3,609 3,849 -6.2 797,677,804 6,469,286,185
Bankruptcies 2,700 2,884 -6.4 619,512,693 4,904,281,892
Proposals 909 965 -5.8 178,165,111 1,565,004,293
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