Insolvency Statistics in Canada—Second Quarter of 2018

Table 4: Insolvencies by NAICS Economic Sectors, Canada
Sector Volume % Change 12-Month Period Ending
Q2 2018 Q1 2018 Q2 2017 Q1 2018 to
Q2 2018
Q2 2017 to
Q2 2018
06-30-2018 06-30-2017 % Change
Agriculture, Forestry, Fishing and Hunting 21 14 18 50.0 16.7 69 82 -15.9
Bankruptcies 16 12 16 33.3 0.0 49 59 -16.9
Proposals 5 2 2 150.0 150.0 20 23 -13.0
Mining and Oil and Gas Extraction 6 4 14 50.0 -57.1 36 70 -48.6
Bankruptcies 5 1 11 400.0 -54.5 22 48 -54.2
Proposals 1 3 3 -66.7 -66.7 14 22 -36.4
Utilities 1 4 1 -75.0 0.0 8 8 0.0
Bankruptcies 1 3 1 -66.7 0.0 7 6 16.7
Proposals 0 1 0 -100.0 n/a 1 2 -50.0
Construction 180 199 171 -9.5 5.3 699 686 1.9
Bankruptcies 131 139 135 -5.8 -3.0 497 498 -0.2
Proposals 49 60 36 -18.3 36.1 202 188 7.4
Manufacturing 75 65 92 15.4 -18.5 304 313 -2.9
Bankruptcies 50 44 72 13.6 -30.6 200 224 -10.7
Proposals 25 21 20 19.0 25.0 104 89 16.9
Wholesale Trade 38 36 46 5.6 -17.4 159 181 -12.2
Bankruptcies 33 28 36 17.9 -8.3 121 138 -12.3
Proposals 5 8 10 -37.5 -50.0 38 43 -11.6
Retail Trade 86 112 106 -23.2 -18.9 378 399 -5.3
Bankruptcies 68 88 77 -22.7 -11.7 310 296 4.7
Proposals 18 24 29 -25.0 -37.9 68 103 -34.0
Transportation and Warehousing 63 58 68 8.6 -7.4 214 238 -10.1
Bankruptcies 50 47 58 6.4 -13.8 169 184 -8.2
Proposals 13 11 10 18.2 30.0 45 54 -16.7
Information and Cultural Industries 14 19 12 -26.3 16.7 61 70 -12.9
Bankruptcies 10 19 9 -47.4 11.1 51 50 2.0
Proposals 4 0 3 n/a 33.3 10 20 -50.0
Finance and Insurance 10 17 17 -41.2 -41.2 59 60 -1.7
Bankruptcies 5 14 16 -64.3 -68.8 40 57 -29.8
Proposals 5 3 1 66.7 400.0 19 3 533.3
Real Estate and Rental and Leasing 36 38 39 -5.3 -7.7 141 143 -1.4
Bankruptcies 31 31 31 0.0 0.0 110 103 6.8
Proposals 5 7 8 -28.6 -37.5 31 40 -22.5
Professional, Scientific and Technical Services 73 63 73 15.9 0.0 259 267 -3.0
Bankruptcies 51 48 52 6.3 -1.9 196 205 -4.4
Proposals 22 15 21 46.7 4.8 63 62 1.6
Management of Companies and Enterprises 17 21 23 -19.0 -26.1 80 80 0.0
Bankruptcies 13 16 16 -18.8 -18.8 62 56 10.7
Proposals 4 5 7 -20.0 -42.9 18 24 -25.0
Administrative and Support, Waste Management and Remediation Services 45 41 42 9.8 7.1 149 185 -19.5
Bankruptcies 34 34 35 0.0 -2.9 109 144 -24.3
Proposals 11 7 7 57.1 57.1 40 41 -2.4
Educational Services 6 7 3 -14.3 100.0 25 39 -35.9
Bankruptcies 6 5 3 20.0 100.0 19 32 -40.6
Proposals 0 2 0 -100.0 n/a 6 7 -14.3
Health Care and Social Assistance 21 20 23 5.0 -8.7 79 78 1.3
Bankruptcies 13 12 16 8.3 -18.8 55 59 -6.8
Proposals 8 8 7 0.0 14.3 24 19 26.3
Arts, Entertainment and Recreation 16 24 20 -33.3 -20.0 82 68 20.6
Bankruptcies 13 18 16 -27.8 -18.8 62 50 24.0
Proposals 3 6 4 -50.0 -25.0 20 18 11.1
Accommodation and Food Services 129 150 135 -14.0 -4.4 551 539 2.2
Bankruptcies 93 109 104 -14.7 -10.6 396 427 -7.3
Proposals 36 41 31 -12.2 16.1 155 112 38.4
Other Services (except Public Administration) 40 37 48 8.1 -16.7 178 163 9.2
Bankruptcies 32 31 43 3.2 -25.6 147 136 8.1
Proposals 8 6 5 33.3 60.0 31 27 14.8
Public Administration 1 1 2 0.0 -50.0 4 5 -20.0
Bankruptcies 1 1 2 0.0 -50.0 3 4 -25.0
Proposals 0 0 0 n/a n/a 1 1 0.0
Total 878 930 953 -5.6 -7.9 3,535 3,674 -3.8
Bankruptcies 656 700 749 -6.3 -12.4 2,625 2,776 -5.4
Proposals 222 230 204 -3.5 8.8 910 898 1.3
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