Insolvency Statistics in Canada—2015 (Table 4)

Table 4: Insolvencies by NAICS Economic Sectors, Canada
sector Volume 2015
2015 2014 % Change Assets Declared at the Time of Filing ($) Liabilities Declared at the Time of Filing ($)
Agriculture, Forestry, Fishing and Hunting 84 88 -4.5 16,358,520 338,041,563
Bankruptcies 43 60 -28.3 10,055,328 281,083,280
Proposals 41 28 46.4 6,303,192 56,958,283
Mining and Oil and Gas Extraction 44 40 10.0 46,995,431 361,639,448
Bankruptcies 31 20 55.0 45,876,306 336,897,803
Proposals 13 20 -35.0 1,119,125 24,741,645
Utilities 13 13 0.0 2,902,119 123,748,897
Bankruptcies 10 9 11.1 2,901,119 102,598,822
Proposals 3 4 -25.0 1,000 21,150,075
Construction 775 719 7.8 101,066,598 1,161,673,720
Bankruptcies 572 530 7.9 88,769,058 1,030,400,930
Proposals 203 189 7.4 12,297,540 131,272,790
Manufacturing 380 386 -1.6 76,621,741 1,018,249,385
Bankruptcies 267 276 -3.3 48,345,183 699,278,295
Proposals 113 110 2.7 28,276,558 318,971,090
Wholesale Trade 208 226 -8.0 28,757,504 348,484,104
Bankruptcies 154 155 -0.6 18,189,008 231,068,203
Proposals 54 71 -23.9 10,568,496 117,415,901
Retail Trade 502 498 0.8 49,551,461 406,709,131
Bankruptcies 385 376 2.4 45,308,969 244,667,456
Proposals 117 122 -4.1 4,242,492 162,041,675
Transportation and Warehousing 219 273 -19.8 20,272,778 86,790,065
Bankruptcies 159 185 -14.1 12,555,130 45,599,899
Proposals 60 88 -31.8 7,717,648 41,190,166
Information and Cultural Industries 72 71 1.4 3,525,203 64,728,330
Bankruptcies 54 50 8.0 2,816,589 43,613,647
Proposals 18 21 -14.3 708,614 21,114,683
Finance and Insurance 74 80 -7.5 100,438,306 162,850,477
Bankruptcies 55 64 -14.1 6,500,357 37,915,113
Proposals 19 16 18.8 93,937,949 124,935,364
Real Estate and Rental and Leasing 141 134 5.2 79,345,714 288,160,290
Bankruptcies 114 101 12.9 75,498,646 263,501,951
Proposals 27 33 -18.2 3,847,068 24,658,339
Professional, Scientific and Technical Services 287 308 -6.8 33,331,642 375,413,741
Bankruptcies 224 242 -7.4 25,816,321 210,547,033
Proposals 63 66 -4.5 7,515,321 164,866,708
Management of Companies and Enterprises 57 59 -3.4 20,730,101 561,544,196
Bankruptcies 40 47 -14.9 19,847,197 519,164,055
Proposals 17 12 41.7 882,904 42,380,141
Administrative and Support, Waste Management and Remediation Services 196 223 -12.1 9,824,049 95,060,497
Bankruptcies 148 157 -5.7 8,842,026 46,048,403
Proposals 48 66 -27.3 982,023 49,012,094
Educational Services 37 52 -28.8 2,029,283 21,500,986
Bankruptcies 30 44 -31.8 809,385 20,170,847
Proposals 7 8 -12.5 1,219,898 1,330,139
Health Care and Social Assistance 75 99 -24.2 13,644,951 67,517,250
Bankruptcies 56 73 -23.3 13,021,418 50,446,710
Proposals 19 26 -26.9 623,533 17,070,540
Arts, Entertainment and Recreation 71 84 -15.5 9,523,436 123,915,901
Bankruptcies 52 68 -23.5 8,625,736 113,826,725
Proposals 19 16 18.8 897,700 10,089,176
Accommodation and Food Services 658 660 -0.3 56,592,170 287,699,149
Bankruptcies 526 493 6.7 37,469,085 211,606,681
Proposals 132 167 -21.0 19,123,085 76,092,468
Other Services (except Public Administration) 210 205 2.4 8,639,111 48,136,614
Bankruptcies 165 165 0.0 6,563,697 40,811,782
Proposals 45 40 12.5 2,075,414 7,324,832
Public Administration 4 1 300.0 514,006 3,060,355
Bankruptcies 4 1 300.0 514,006 3,060,355
Proposals 0 0 --  0 0
Total 4,107 4,219 -2.7 680,664,124 5,944,924,099
Bankruptcies 3,089 3,116 -0.9 478,324,564 4,532,307,990
Proposals 1,018 1,103 -7.7 202,339,560 1,412,616,109
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