Table 4: Insolvencies by NAICS Economic Sectors, Canada - | Volume | 2019 |
2019 | 2018 | % Change | Assets Declared at the Time of Filing ($) | Liabilities Declared at the Time of Filing ($) |
Agriculture, Forestry, Fishing and Hunting | 64 | 64 | 0.0 | 9,628,808 | 80,234,206 |
Bankruptcies | 46 | 46 | 0.0 | 6,674,105 | 23,007,390 |
Proposals | 18 | 18 | 0.0 | 2,954,703 | 57,226,816 |
Mining and Oil and Gas Extraction | 42 | 24 | 75.0 | 15,581,823 | 856,657,561 |
Bankruptcies | 25 | 15 | 66.7 | 15,460,111 | 77,848,425 |
Proposals | 17 | 9 | 88.9 | 121,712 | 778,809,136 |
Utilities | 7 | 8 | -12.5 | 201,784 | 4,429,427 |
Bankruptcies | 4 | 5 | -20.0 | 201,782 | 1,026,750 |
Proposals | 3 | 3 | 0.0 | 2 | 3,402,677 |
Construction | 684 | 723 | -5.4 | 151,879,940 | 1,051,585,975 |
Bankruptcies | 499 | 527 | -5.3 | 124,344,970 | 900,547,298 |
Proposals | 185 | 196 | -5.6 | 27,534,970 | 151,038,677 |
Manufacturing | 338 | 297 | 13.8 | 110,225,439 | 1,320,907,831 |
Bankruptcies | 243 | 213 | 14.1 | 90,086,751 | 1,109,772,036 |
Proposals | 95 | 84 | 13.1 | 20,138,688 | 211,135,795 |
Wholesale Trade | 191 | 157 | 21.7 | 38,017,343 | 242,011,257 |
Bankruptcies | 132 | 121 | 9.1 | 33,645,576 | 136,419,017 |
Proposals | 59 | 36 | 63.9 | 4,371,767 | 105,592,240 |
Retail Trade | 384 | 409 | -6.1 | 50,076,263 | 505,583,801 |
Bankruptcies | 293 | 322 | -9.0 | 46,375,650 | 369,288,285 |
Proposals | 91 | 87 | 4.6 | 3,700,613 | 136,295,516 |
Transportation and Warehousing | 219 | 230 | -4.8 | 48,267,784 | 278,949,330 |
Bankruptcies | 164 | 178 | -7.9 | 43,962,811 | 237,223,003 |
Proposals | 55 | 52 | 5.8 | 4,304,973 | 41,726,327 |
Information and Cultural Industries | 80 | 63 | 27.0 | 19,883,061 | 100,878,995 |
Bankruptcies | 60 | 49 | 22.4 | 19,816,310 | 43,372,145 |
Proposals | 20 | 14 | 42.9 | 66,751 | 57,506,850 |
Finance and Insurance | 63 | 64 | -1.6 | 36,794,524 | 557,268,622 |
Bankruptcies | 52 | 48 | 8.3 | 34,310,469 | 527,058,654 |
Proposals | 11 | 16 | -31.3 | 2,484,055 | 30,209,968 |
Real Estate and Rental and Leasing | 159 | 149 | 6.7 | 57,179,657 | 1,056,524,388 |
Bankruptcies | 119 | 105 | 13.3 | 49,740,859 | 813,775,264 |
Proposals | 40 | 44 | -9.1 | 7,438,798 | 242,749,124 |
Professional, Scientific and Technical Services | 285 | 249 | 14.5 | 25,785,011 | 516,536,935 |
Bankruptcies | 224 | 190 | 17.9 | 17,957,393 | 383,569,754 |
Proposals | 61 | 59 | 3.4 | 7,827,618 | 132,967,181 |
Management of Companies and Enterprises | 84 | 81 | 3.7 | 33,558,312 | 470,633,129 |
Bankruptcies | 68 | 66 | 3.0 | 27,312,277 | 431,655,148 |
Proposals | 16 | 15 | 6.7 | 6,246,035 | 38,977,981 |
Administrative and Support, Waste Management and Remediation Services | 175 | 157 | 11.5 | 11,165,356 | 81,351,974 |
Bankruptcies | 124 | 109 | 13.8 | 6,518,265 | 56,521,876 |
Proposals | 51 | 48 | 6.3 | 4,647,091 | 24,830,098 |
Educational Services | 33 | 29 | 13.8 | 1,129,289 | 9,097,685 |
Bankruptcies | 23 | 22 | 4.5 | 869,819 | 7,408,114 |
Proposals | 10 | 7 | 42.9 | 259,470 | 1,689,571 |
Health Care and Social Assistance | 85 | 80 | 6.3 | 11,195,413 | 53,656,170 |
Bankruptcies | 58 | 48 | 20.8 | 9,431,431 | 39,121,290 |
Proposals | 27 | 32 | -15.6 | 1,763,982 | 14,534,880 |
Arts, Entertainment and Recreation | 78 | 68 | 14.7 | 6,113,331 | 64,247,237 |
Bankruptcies | 62 | 52 | 19.2 | 4,616,298 | 54,751,408 |
Proposals | 16 | 16 | 0.0 | 1,497,033 | 9,495,829 |
Accommodation and Food Services | 506 | 537 | -5.8 | 34,309,995 | 186,557,459 |
Bankruptcies | 400 | 411 | -2.7 | 28,889,236 | 149,813,934 |
Proposals | 106 | 126 | -15.9 | 5,420,759 | 36,743,525 |
Other Services (except Public Administration) | 203 | 187 | 8.6 | 10,790,829 | 102,417,737 |
Bankruptcies | 150 | 147 | 2.0 | 7,967,929 | 40,430,843 |
Proposals | 53 | 40 | 32.5 | 2,822,900 | 61,986,894 |
Public Administration | 0 | 4 | -100.0 | 0 | 0 |
Bankruptcies | 0 | 3 | -100.0 | 0 | 0 |
Proposals | 0 | 1 | -100.0 | 0 | 0 |
Total | 3,680 | 3,580 | 2.8 | 671,783,962 | 7,539,529,719 |
Bankruptcies | 2,746 | 2,677 | 2.6 | 568,182,042 | 5,402,610,634 |
Proposals | 934 | 903 | 3.4 | 103,601,920 | 2,136,919,085 |