Insolvency Statistics in Canada—Third Quarter of 2018

Table 4: Insolvencies by NAICS Economic Sectors, Canada

Volume

% Change

12-Month Period Ending

Q3 2018

Q2 2018

Q3 2017

Q2 2018
to
Q3 2018

Q3 2017
to
Q3 2018

09-30-2018

09-30-2017

% Change

Agriculture, Forestry, Fishing and Hunting

16

21

17

-23.8

-5.9

68

86

-20.9

Bankruptcies

9

16

12

-43.8

-25.0

46

64

-28.1

Proposals

7

5

5

40.0

40.0

22

22

0.0

Mining and Oil and Gas Extraction

3

6

10

-50.0

-70.0

29

63

-54.0

Bankruptcies

1

5

5

-80.0

-80.0

18

46

-60.9

Proposals

2

1

5

100.0

-60.0

11

17

-35.3

Utilities

1

1

1

0.0

0.0

8

8

0.0

Bankruptcies

0

1

1

-100.0

-100.0

6

6

0.0

Proposals

1

0

0

n/a

n/a

2

2

0.0

Construction

163

180

146

-9.4

11.6

716

658

8.8

Bankruptcies

118

131

105

-9.9

12.4

510

481

6.0

Proposals

45

49

41

-8.2

9.8

206

177

16.4

Manufacturing

78

75

67

4.0

16.4

315

320

-1.6

Bankruptcies

62

50

45

24.0

37.8

217

224

-3.1

Proposals

16

25

22

-36.0

-27.3

98

96

2.1

Wholesale Trade

46

38

42

21.1

9.5

163

178

-8.4

Bankruptcies

31

33

31

-6.1

0.0

121

132

-8.3

Proposals

15

5

11

200.0

36.4

42

46

-8.7

Retail Trade

100

86

79

16.3

26.6

399

392

1.8

Bankruptcies

79

68

68

16.2

16.2

321

295

8.8

Proposals

21

18

11

16.7

90.9

78

97

-19.6

Transportation and Warehousing

57

63

47

-9.5

21.3

224

240

-6.7

Bankruptcies

39

50

38

-22.0

2.6

170

186

-8.6

Proposals

18

13

9

38.5

100.0

54

54

0.0

Information and Cultural Industries

11

14

15

-21.4

-26.7

57

72

-20.8

Bankruptcies

7

10

12

-30.0

-41.7

46

49

-6.1

Proposals

4

4

3

0.0

33.3

11

23

-52.2

Finance and Insurance

14

10

15

40.0

-6.7

58

60

-3.3

Bankruptcies

11

5

9

120.0

22.2

42

51

-17.6

Proposals

3

5

6

-40.0

-50.0

16

9

77.8

Real Estate and Rental and Leasing

32

36

37

-11.1

-13.5

136

141

-3.5

Bankruptcies

18

31

25

-41.9

-28.0

103

98

5.1

Proposals

14

5

12

180.0

16.7

33

43

-23.3

Professional, Scientific and Technical Service

47

73

58

-35.6

-19.0

248

268

-7.5

Bankruptcies

37

51

48

-27.5

-22.9

185

212

-12.7

Proposals

10

22

10

-54.5

0.0

63

56

12.5

Management of Companies and Enterprises

17

17

13

0.0

30.8

84

76

10.5

Bankruptcies

16

13

12

23.1

33.3

66

60

10.0

Proposals

1

4

1

-75.0

0.0

18

16

12.5

Administrative and Support, Waste Management and Remediation Services

32

45

30

-28.9

6.7

151

171

-11.7

Bankruptcies

17

34

18

-50.0

-5.6

108

130

-16.9

Proposals

15

11

12

36.4

25.0

43

41

4.9

Educational Services

8

6

5

33.3

60.0

28

38

-26.3

Bankruptcies

5

6

3

-16.7

66.7

21

32

-34.4

Proposals

3

0

2

n/a

50.0

7

6

16.7

Health Care and Social Assistance

17

21

15

-19.0

13.3

81

76

6.6

Bankruptcies

15

13

12

15.4

25.0

58

58

0.0

Proposals

2

8

3

-75.0

-33.3

23

18

27.8

Arts, Entertainment and Recreation

17

16

17

6.3

0.0

82

73

12.3

Bankruptcies

13

13

10

0.0

30.0

65

51

27.5

Proposals

4

3

7

33.3

-42.9

17

22

-22.7

Accommodation and Food Services

120

129

128

-7.0

-6.3

543

521

4.2

Bankruptcies

97

93

91

4.3

6.6

402

401

0.2

Proposals

23

36

37

-36.1

-37.8

141

120

17.5

Other Services (except Public Administration)

46

40

46

15.0

0.0

178

169

5.3

Bankruptcies

34

32

39

6.3

-12.8

142

139

2.2

Proposals

12

8

7

50.0

71.4

36

30

20.0

Public Administration

1

1

2

0.0

-50.0

3

6

-50.0

Bankruptcies

0

1

1

-100.0

-100.0

2

4

-50.0

Proposals

1

0

1

n/a

0.0

1

2

-50.0

Total

826

878

790

-5.9

4.6

3,571

3,616

-1.2

Bankruptcies

609

656

585

-7.2

4.1

2,649

2,719

-2.6

Proposals

217

222

205

-2.3

5.9

922

897

2.8

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